If you are a student living away from home at University then you might have decided to take your car with you to enable you to get out and about perhaps to take a look at the surrounding area in your spare time. If this is the case then you will need to make sure that you have adequate car insurance in place – as a minimum you will require third party cover.
It is a legal requirement that you must insure your vehicle unless it is declared SORN (Statutory Off Road Notification) and kept off the public road system.
Unfortunately, it is young motorists who end up paying more for their car insurance than the older more experienced motorist. So, unless you are a very mature student venturing off to University, it is almost certainly going to cost a significant amount of money to insure your vehicle. For instance, according to the Confused.com Car Insurance Price Index, the average amount paid by an 18 year old for fully comprehensive car insurance in the first quarter of 2021 amounted to £1,442 per annum. A 21 year old was paying an average of £1,144 per annum for the same level of cover. As you can see, those are sizeable sums of money.
Do remember that, if you already had car insurance before going off to University, you will need to let your motor insurance provider know your new address and that you are a University student as these are just two of the factors that impact upon how much you will pay for your car insurance.
Another factor that affects how much you pay for your car insurance is where the vehicle is kept overnight. So, if you have to leave your car parked in the street then that may cost you more for your cover than if you are able to park your car in a University campus car park that you can only get in and out of by the use of a barrier that is activated using say a card. This is because an insurer may feel that you are less likely to have your vehicle stolen from the latter location.
There are numerous providers of student car insurance so this should make the cost of such cover competitive. So, if you are looking for this type of insurance, why not get in touch with us to obtain a competitive, no-obligation quotation as we have access to an extensive panel of insurers. You will be pleased to read that it is simple and quick to obtain such a quotation.
