You could have eight years’ driving experience by the time you turn 25, which is why you tend to see your insurance costs begin to fall.
You might also have built up a few years’ worth of No Claims Discount (NCD) by the time you reach a quarter Century, which will also earn you lower premiums than younger drivers on the road.
It’s an age where you start making some big decisions about your future. You might want to save for a wedding or a deposit on a house, so it’s important to make sure you’re making your money go as far as possible.
One way to do this is to make sure you get the best possible price on car insurance for 25 year olds.
Why insurance gets cheaper as you age
Teenagers are burdened with most expensive insurance, whereas drivers aged 40 and over get the cheapest cover – but why is that?
It’s because your insurance premiums are based on how much risk you pose of being involved in an accident, or having your vehicle stolen or damaged, and then making a claim on your car insurance.
The more likely you are to make a claim, the more you will be charged for car insurance to offset that risk.
Very generally speaking, older drivers tend to have more experience behind the wheel than younger drivers. Statistics show that older drivers are involved in fewer accidents than those in their twenties. Drivers in their twenties are also statistically less likely to be involved in accidents than teenagers..
Statistics show that older drivers are involved in fewer accidents than those in their twenties
Insurers use statistics relating to your age, gender, vehicle and area in which you live and drive to estimate just how much risk you pose, and to charge you accordingly. The lower a risk you pose, the cheaper your insurance should be. This is why car insurance for 25 year olds tends to be significantly cheaper than for teenage motorists.
Compare and save on car insurance for 25 year olds
With insurance and prices for young people remaining high, it’s important to make sure you get the best possible price for the cover you need.
Our car insurance price comparison service is quick, free to use and covers a huge range of insurance providers, which means you don’t need to go anywhere else.
Answer a few simple questions about yourself and your vehicle and get a quote within minutes, saving you the hassle of reeling off your details to every individual provider.