If you are searching for daily car insurance and you are under 25 years old then you may have noticed that there is a minimum age restriction for taking out this type of cover. Most if not all providers of this type of insurance require you to be at lest 25 years of age.
Due to the nature of day insurance it is more difficult for the insurers to be profitable due to the higher risk. If you make a claim on an ordinary annual policy the insurer has a years worth of premiums. With just a days worth of insurance if you make a claim it is comparatively much more expensive for them to provide coverage. With the under 25 age group being a higher insurance risk most if not all providers have decided to withdraw cover for anyone under 25.
This means that daily car insurance for under 21 year olds is no longer possible to acquire. Although temporary car cover is no longer available if you are under 25 or indeed under 21 there is an alternative to being added onto someone else's policy or having to pay out for an entire years worth of cover.
An alternative to daily car insurance if you are under 21 is to take out a monthly pay as you go policy. This means that you can get cover from as little as just one month. It works the same as any other type of policy, you do not have to pay a deposit and you pay for your cover one month at a time. This is a policy that you ca cancel at any time without any cancellation fees making it a good replacement if you cannot get a day insurance policy.
Under 25 Insurance