Car Insurance for Young Drivers
When you are applying for car insurance, you are likely to discover that your age and gender will be key factors in the premiums that will be generated. Car insurance companies may even have a policy to refuse to cover you simply because of your age!
Younger drivers tend to fall into the higher risk category for most car insurance companies.
In the UK, there are a number of car insurance companies who specialise in providing insurance for extremely specific demographics of the population in as competitive a manner as possible.
Many younger people try to avoid the higher premiums associated with their age by insuring their car in a parents name and adding themselves solely as a named driver.
This is technically this known as "fronting" and it is never recommended. In some cases where this is done a claim could be classed as invalid meaning that a payout would not be forthcoming from your insurer and also that this younger driver could potentially end up being convicted of driving without insurance.
The information that a car was being used for commuting by a student could be all an insurer would need to potentially invalidate the policy on the grounds of fronting.
To address this, the best situation would be to insure the car in the young drivers name. This carries the added benefit of them being able to start to accumulate their No Claims Bonus
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