If you are a young driver then you probably already know the difficultly in getting 1 day car insurance under 21. This is the situation because according to car insurance claim statistics driver up to the age of 25 are ten times more likely to have an accident resulting in a claim. This means that this age group is faced with higher than normal levels of premium payments when it comes to insuring themselves to drive a car.
Insurers have recently seen in the UK the number of claims and increasingly the number of personal injury claims rise. This has evidently lead to insurers passing on this increased cost to their customers and so car drivers have seen there premiums rise consistently in recent years. The cost of insurance for young drivers has increased accordingly. This has meant that many young people are putting off getting and insuring their own car and instead relying on being able to borrow their parents car when needed. This of course still means that you need to be insured which means either being added to the parents policy or taking out daily car insurance when needed.
Many parents prefer not to ad their children to their policy as it not only increases their premiums but can also affect their no claims. If a named driver was to have an accident driving the car on their policy then they could end up losing their no claims bonus. This is often an over riding factor when deciding to add anyone to an existing policy.
Originally there were a few specialist insurers that could provide 1 day car insurance to under 21's. This soon became unfeasible due to the higher level of claims in the young driver age group. More insurers have since moved into the daily car insurance market but as yet none have been able to provide temporary policies for drivers who are 21 or under.
The only alternative currently available is to get a monthly pay as you go policy, this allow you to pay for car insurance a month at a time. This means that you can get a minimum of 1 months car insurance and cancel at any time without any cancellation fees.
Under 25 Insurance