by wiz
Cheap Car Insurance for Young Drivers
Here is good news for the people who are learning to drive a car. The people who were responsible for the famous Young Marmalade are now looking forward to bring forth Provisional Marmalade for the people who are going through the process of learning driving. This insurance policy has been brought in keeping in mind the learning drivers and one of the main purposes behind this is to make sure that they too have access to a good policy to take care of their vehicles.
This insurance would cover the learner drivers who are practicing driving or learning it on the cars that belong to their family or friends, in the supervision of someone. In case an accident occurs, they would not have to compromise with a no-claims bonus which in turn affects the status of the insurance of the other person’s car. There are a lot of people who have got the provisional license in the previous year. The Driving Standards Agency is of the view that people who are learning to drive the car should also have 22 or more hours of practice.
It is now not difficult for the learner drivers to compare car insurance and take the best policy for them. They can get the insurance quotes from different companies and get the vehicles insured. They can arrange for monthly or daily comprehensive coverage for the other person’s car. Many of the younger car divers are not aware that one needs a car license to legally drive on the roads in UK. The people who do not have proper training also fall victim to the accidents. It is thus necessary to get the license and insurance while you are learning to drive the car that belongs to some other person.
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Source: Compare.com » Provisional Marmalade for young drivers who compare ...
Cheap Car Insurance for Young Drivers
05.07.10
Tucked away in all the changes to taxes and benefits in the Emergency Budget was a little known tax on insurance.
Called the Insurance Premium Tax, it is added on to the premiums we pay for everyday cover. The standard rate of this tax rises from 5% to 6% from January. It is included in most general insurance policies such as those for buildings and contents insurance for your home, as well as motor insurance .The higher rate tax is set to rise in line with VAT from 17.5% to 20% at the same time. It is charged on all travel insurance , whether bought from travel agents or direct from insurers, as well as warranties which are generally sold alongside electrical goods and vehicles.
It doesn't however apply to all insurance - life insurance is free from Insurance Premium Tax.
How will this affect prices?The industry trade body, the Association of British Insurers (ABI), has calculated how much this will hit average premiums for a typical family.
Source: Moneysupermarket.com
As a young driver going about finding a car insurance provider to use for your insurance coverage, you will be looking out for the cheapest ...
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