How To Get Cheap Car Insurance: Everything You Need To Know

how to get cheap car insurance

Now you’ve passed your test, you’ll need insurance to get on the road. Insurance can be pricey, especially for young drivers.  In this article, we explain how to get cheap car insurance and give you some top tips to get cheaper insurance as a young driver. Keep reading to read our advice on cutting your insurance premium.

We’ll go over things like is it cheaper to be on your parents’ insurance? Are red and black cars more expensive to insure? Are classic cars cheaper to insure for young drivers? And how to find cars that are cheap to insure for young drivers. 

The Basics Of Car Insurance

You’re required to have car insurance to legally drive – which makes sense! Nobody wants to be in an accident they can’t pay for. Yet, it’s still a pricey commitment. 

Different companies will quote you different prices depending on factors. Such as your age, the type of car you drive, where you live, whether you’re married, and your driving history. 

Whilst average car insurance prices can help you get an idea of how much things might be, there’s no such thing as an ‘average’ customer when it comes to insurance. Car insurance companies will tailor their price to each customer. 

So, how exactly do you find cheap car insurance? Let’s find out. 

Shop Around

cheap insurance

The most important thing you can do when wondering how to get cheap car insurance is to shop around. If you get a quote from one company that you think is probably too expensive, you can go elsewhere. 

Customers that haggle will often get a much better price than those who don’t. 

This advice also goes for when you need to renew your insurance. Don’t just go for auto-renew, shop around to see who is offering the best deal. 

Check Outside Of Price Comparison Sites

Whilst price comparison sites make it easier to compare prices, you might find cheaper prices if you put the work in to check elsewhere. 

A lot of the work you put in when you search for car insurance will save you money in the long run. 

Are Older Cars Cheaper To Insure?

cheap car insurance

If you’re lucky enough to have a lot of choices in your first car, you might be wondering if car insurance is cheaper for an older car

Whilst this is a common thought, it’s not always true. If your new car has important safety features like automatic braking or back-up cameras it can make your car insurance much cheaper. 

Another question you might have is are classic cars cheaper to insure for young drivers? Young drivers can face high prices on modern cars, let alone classic cars, so figuring out how to get cheaper insurance is important. 

Luckily, insurers can offer you a bespoke insurance policy.  If you’re 18-24 and desperate to drive a car that’s older than 20 years, this might be the way to go. You’ll need to check with your insurer whether your dream car fits in with their policy though. 

Ten years ago, classic car insurance was much cheaper, but nowadays, it’s all relative. Compare the price for the classic car and the car you’d otherwise be driving to see if it’s right for you.  

What Color Cars Are Cheaper To Insure?

You might have heard that cars that are different colours might be cheaper to insure. 

The myth that red or black cars will increase the price of your car insurance isn’t actually true. 

Many studies have been conducted in different countries to find out if your red or black car will make your car insurance more expensive. Thankfully, they found most car insurance companies won’t even ask what colour your car is.  

This means you can find a safe car that’s cheap to insure without worrying about whether it’s red, black or pink! 

Less Cover Isn’t Always Cheaper

car insurance

Whilst it might make sense that you’ll pay less for less cover, sometimes insurers will give you a discount if you buy more. 

There are usually three varieties of car insurance:

  1. Third-Party
  2. Third-Party, Fire, and Theft
  3. Comprehensive

As a younger driver, you might be tempted to reduce the cost of your car insurance with a lower level of cover. It’s worth it to check the prices of each level of cover though. 

Insurers don’t price car insurance policies according to the level of cover. Instead, they price it on how much they end up paying out in claims for the drivers who buy it. 

Named Drivers

Drivers under 25 often face the steepest premiums. As a young driver, you’ll have less experience, and you’re more likely to drive faster. 

To get cheaper car insurance, you can name someone who is a more experienced driver. This can be your parents or someone you live with. As long as they’re a more experienced driver. 

Just be careful though, it is illegal to list someone as the ‘main’ driver if that isn’t the case. It’s insurance fraud and can lead to your policy being invalidated. 

Multi-Car Insurance Can Help

Many insurers might offer you a discount if you insure multiple cars altogether.

You could have one policy to cover them all or ‘link’ different policies together.

Get A Black Box

Whilst being able to drive might give you a new sense of freedom, using a black box to keep track of your driving can help get your price down. 

If you’re driving passes criteria set out by your insurer, they’ll reward you with discounts. 

This can be things like driving at specific times of the day, staying within a certain mileage, and measuring the safety of your driving. 

They’re generally aimed at younger drivers so make sure to check them out!

Develop Your Driving Skills 

cheap car insurance

Just because you’ve passed your test doesn’t mean you’ve finished your learning. 

Getting a certificate like Pass Plus can prove that you’re a safer driver than other young drivers. 

In the long term, keeping a no claims bonus and a good driving record will help keep your car insurance as cheap as it can be. 

To read more about developing your driving skills, check out our article on Tips For New Drivers: Building Confidence On The Road. 

Hold Off On Any Modifications

Just because you don’t drive a boy racer car, doesn’t mean your car won’t count as modified. 

Even little things like new alloys can raise the price. 

If you want to make any changes, it’s important to talk to your insurer before you do them. 

On the flip side, your insurer might reduce your premium if your modifications increase safety! This includes things like an alarm, a tracker, or an immobiliser. 

Trim The Add-Ons If You Don’t Need Them

cheap car insurance

Add-ons could be loading £50 or more onto the price of your car insurance. 

They aren’t necessarily a waste of money but never commit to anything you don’t need.

You might not need a hire car if your car stops working if your parents agree to let you use theirs. 

Check On Your Excess

If you’re in a state to pay more for your excess (the amount you’ll have to pay yourself when you make a claim) your insurer will reward you with cheaper insurance. 

Only do this if you know you’ll be able to afford it though. Otherwise, it might make claiming on your car insurance too expensive.

Pay Annually


When a car insurance company gives you your first quote, there are a few things you can do to bring the price down. 

Whilst paying monthly might be easier on your budget if you don’t have savings, paying annually will stop your insurer from charging you interest. This can be as much as 44% APR. 

Make Sure Your Credit Rating Is Good

If you’re young, you probably have no idea what your credit rating is or whether it’s any good.

This is fine for now, but if you start working on it now, it can help you in the long run. 

How FairSquare Can Help

FairSquare is the new way to buy and finance cars in the UK. FairSquare’s huge range of cars means that you’ll be able to find one that’s in your budget (and one that lets you get cheaper car insurance!). 

With other dealers, you get a ‘one size fits all’ rate. However, at FairSquare, we can arrange suitable credits for any credit state. 

FairSquare’s only interest is finding the best fit for each customer’s circumstances and needs. 

We hope that you found this article on how to get cheap car insurance helpful! For other useful guides check out our blog! We have articles such as Tips For New Drivers: Building Confidence On The Road or Can I Cancel Car Insurance At Any Time?

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