Oneplan: Gearing Young Drivers Towards Low Insurance Premiums


Jade Poole from I Write Words

Gearing Young Drivers Premiums

Contrary to popular belief, paying for car insurance as a young driver doesn’t have to break the bank. Need a little proof? Here it is.

Owning a new set of wheels is everything. There’s nothing like it. The freedom that you feel when driving off that showroom floor is like nothing you’ve felt before. That new car smell, the wind in your hair, the speakers blaring, the recently deleted Uber app … What could be better? Well for starters, knowing that your vehicle is covered by a comprehensive car insurance policy is a good place to start.

Now, we aren’t calling you a financial liability, but the numbers don’t lie when it comes to first-time drivers.

Research shows that drivers under the age of 25 typically pay more for their insurance premiums.

Yikes! This isn’t because insurance companies hate the youth (promise!) but rather that you’re relatively inexperienced on the road. Meaning that you pose a higher risk for accidents when driving around.

Before you start panicking that you’re going to be burning a hole in either your parents or your own pocket, let’s explore why you need car insurance and how we’re going to help you bring down those monthly premiums.


Why you need car insurance

When it comes to car insurance, there are many options when it comes to the type of coverage that you can take out. For those of you looking to skip out on this monthly expense – don’t. Not only does this put you at risk but it’s also just incredibly negligent to avoid taking out car insurance. Protect yourself and other drivers by opting for comprehensive cover. You’ll be grateful for it in the event of an accident.

But before we can get into why you clicked onto this blog (because we know you’re here to see how you can cut down on those premium costs) let’s explore how your premium is actually calculated …

Read: Ever Wondered How Your Age Affects How Much You Pay For Insurance?

How your premiums are calculated

Many aspects are taken into consideration when calculating your monthly premium. This includes:

·         Your personal details, like your physical address, age etc.

·         Details about your new car (start memorising your licence plate, vehicle make, model etc)

·         The level of coverage that you are planning on taking out

·         The number of kilometres you think you’ll be driving every year 

·         Whether or not you have made previous insurance claims

·         If you have any criminal convictions

This information is then used to help calculate how ‘risky’ you are. To put it simply: the higher the risk, the higher the premium.

How to drive down those premiums

A.K.A: What you’ve all been waiting for:

1. Practice makes perfect

Make sure to test out your new wheels (safely obviously) and improve your driving skills. We aren’t saying that you should drain your petrol tank, but do keep up to date with the latest defensive driving techniques. We, therefore, suggest applying for a few driving courses. Before you roll your eyes at the mere thought, it’s important to show that you have valuable driving skills. Remember we are trying to keep you away from your “I’m a liability” status. So, invest in a good driving school and improve your road safety knowledge as soon as possible.

2. Less is more

It’s time to think a little smaller. To put it simply: the lower the engine power, the lower the premium. This is because high-powered engines are seen as more dangerous. Those fast and furious moments will come at a hefty price, so if you are in a position to choose your own vehicle, opt for one with low-speed capabilities and a low-powered engine.

3. Safety First

Security is a big deal. Rev up all security measures in your vehicle! This will substantially reduce your monthly premiums. Opt for cars with central locking systems or add a tracking device. If you can – do both! Parking your car in a locked garage or behind an automatic security gate will reduce your premiums too. Remember, it’s all about the safety of your car.

4. Say “No” to pimping your ride

We know that you’ve got your playlists ready to blast in your new car but adding features like upmarket sound systems puts your car at risk. Adding over-the-top tyres, rims and boot spoilers will ultimately increase your premiums. Why? Because this makes you a likely target for theft. Essentially, keep the vehicle in its plain and original state and your wallet will thank you.

Take a look at this article on 4 Common & Expensive Mistakes People Make when it comes to vehicle insurance.

 How Oneplan Car Insurance is pumping the brakes on high premiums

Owning a car is exciting. This excitement can quickly turn sour when suddenly you’re hit with various hidden insurance costs. Thankfully with Oneplan, your insurance package is tailored specifically to you at a price that suits your budget.  With us, you are able to cover as much as you want for as much as you want. It really is as simple as that.

Let our team of insurers share in your excitement and help create a quality insurance package that you can afford. What’s better is that you are offered instant claims, zero vehicle inspections, a simple vehicle validation process and adjustable coverage. It really doesn’t get better than that!

Ready to get covered? Contact us today!


Yours in quality car insurance,


How Oneplan Car Insurance is pumping the brakes on high premiums

Related posts

Cover your family, and get Oneplan Health Insurance