Young driver insurance: everything you need to know

All drivers must legally hold at least one liability insurance, possibly supplemented by additional guarantees. But insurance companies believe young drivers are at greater risk, resulting in sometimes significantly higher prices. Here's everything you need to know about insurance for young drivers!

🚘 What is the insurance for a young driver?

expression young driver has no real legal definition in the road code. We usually consider ourselves young drivers while we are in temporary license, that is, 3 or 2 years after driving with an escort.

Insurance companies use this period to apply surprise young drivers. But insurers can also consider a young driver to be a motorist who has not been insured for more than 3 years or who has had a license for more than 3 years but has never been insured, as well as drivers who have had their driver's licenses revoked.

The additional cost of auto insurance for a young driver is explained risk of loss above. In particular, insurers believe that a younger driver is more likely to have an accident than a more experienced motorist.

Not all insurances apply this additional premium to a young driver, but some do not.

This supplement for young drivers is added to the regular insurance rate, which depends, in particular, on the vehicle. The amount of the allowance changes every year, unless you are involved in an accident for which you are responsible. It develops as follows:

• First year: before 100% increase;
• Year two (no claims for which you are responsible): before 50% increase;
• Year three (no claims for which you are responsible): before 25% increase.

Young drivers who have experienced escorted driving see this increase in half, so it is 50% First year 25% second and 12,5% third. The young driver is also subject to a bonus / penalty system that is added to this additional bonus.

A young driver is legally required to take out at least one Liability insurancealso called social responsibility... This covers property damage and personal injury that may be caused to a third party during a responsible accident.

Other guarantees optional... These are, for example, a guarantee for broken glass, a guarantee against fire and theft, or even insurance against all risks. In particular, they depend on your car: thus, most young drivers have their first used car, the cost of which does not require full insurance. But in the case of a new car, it is better to give preference to it without hesitation.

Young driver or not, the choice of your insurance primarily depends on your car and how you want to protect it. Please note that the price of insurance also varies depending on the car: for example, a more powerful car costs more. So feel free to do simulations and quotes!

💰 How much does insurance for a young driver cost?

The cost of auto insurance depends on the profile of the driver and the vehicle itself: its model, engine, power and even the year of commissioning. In addition, this amount also varies, of course, depending on the guarantees taken.

As a young driver, you must also add a surcharge to the down payment, which can go up to up to 100% First year. However, this is half as much if you traveled with an escort. On average, the cost of insurance for a young driver is about 1200 €.

The young driver's insurance price is usually included. between 1000 and 1500 € by car and equal guarantees. The price varies between insurers, so it is worth using auto insurance comparator or ask for a quote before signing up to pay for cheaper insurance for a young driver.

⏱️ Insurance for young drivers: for how long?

Insurers consider you a young driver 3 years after obtaining a driver's license, which corresponds to the term of your probation... If you have surrendered your license after driving with an escort, this period may be reduced to 2 years and the premium will be less.

Young drivers also include:

• Motorists with a driving license for more than 3 years, but never insured;
• Drivers who have not been insured for more than 3 years;
• Drivers whose driver's license has been revoked.

Now you know everything about insurance for young drivers! It is more expensive than traditional auto insurance because insurers value you more than you risk. Therefore, within 3 years, you will have to pay an additional premium, which can double the amount of your insurance. Driving with an escort often allows you to get a better rate for young driver insurance.