{"id":33354,"date":"2022-12-06T23:09:00","date_gmt":"2022-12-06T23:09:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=33354"},"modified":"2023-03-10T16:49:28","modified_gmt":"2023-03-10T16:49:28","slug":"cheap-cars-on-insurance","status":"publish","type":"post","link":"https:\/\/businessyield.com\/insurance\/cheap-cars-on-insurance\/","title":{"rendered":"CHEAP CARS ON INSURANCE:\u00a0Tips For Young And New Drivers","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
According to Bankrate, the annual average cost for full coverage on cars insurance in the U.S is $1655 which is about $138 per month. For a new or young driver between the age of 17 and 18 years, that is quite a whole lot of money. Not to worry though; there are cars out there with cheap insurance for you and that is what this guide is all about. If you are a new driver, presently 17 or 18 years, or you know anyone in this category, then check out the various insurance group as well as affordable cheap cars on Insurance. <\/p>
In every insurance company, cars are assigned a specific group. The mode of classification depends on the car features such as the car value, cost of parts and repairs, car performance, security, and so on. In the UK, there are 50 car insurance groups, and the features of your car determine under which group your car will fall. However, the higher the group the higher the cost of the premium. And the lower the group, the more cheap insurance premiums on cars will be. This simply means if my car falls in group one, I will be getting insurance at a very cheap rate. So here\u2019s the trick, if you want to get cheap insurance on cars, make sure your car falls in-between groups 1-10. As the group number increases, the costs also increase.<\/p>
Aside from meeting the key features for cheap insurance on cars, new drivers can also opt to share a policy with their parents to cut down on expenses. <\/p>
Many insurers believe a new or young driver is inexperienced and is also more prone to apply for claims than mature experienced drivers. As a result of this, they are charged higher premiums than experienced drivers. Fortunately, we compiled a list of cheap cars on insurance for you. A young is apparently anyone age 21 and below mostly between 17 and 18 though. <\/p>
When it comes to Renault Twingo<\/a>, you may not get a brand new one but you can get a working second-hand one. It belongs to the second group on car insurance and is perfect for new and young drivers. Additionally, it has a low horse engine with a 1.0 petrol engine too. <\/p> Perfect for driving through the city, the Smart Forfour is an advanced version of the Smart Fortwo. With a 71PS 1.0-liter engine, which accelerates to 62mph in 15.9 seconds, you most certainly will find it in the second insurance group for cars.<\/p>#2. Smart Forfour<\/h3>
#3. Toyota Aygo<\/h3>