First Car Insurance
Congratulations, you did it! You’ve passed your test and now on your way to driving your first car!
Car Insurance Groups
All cars belong to an insurance group, that’s decided by the Group Rating Panel which includes Insurance industry experts. All the factors mentioned are considered before categorising cars from group 1 to 50. The higher the number, the riskier it is to insure which increases your insurance premium. So if you’re looking to cut costs, look for a motor that’s in a lower insurance groups. Simple, eh!
Choose Black Box Insurance for your first car
Black Box Insurance can help make insuring your first car more affordable, as it allows new drivers to prove that they are safe drivers – and the clever black box and app encourage safer driving, which means you are less likely to be involved in an accident. As we already know, the lower the risk of accident, the cheaper the insurance premium should be.
So, what factors influence car insurance?
Unsurprisingly, the car you drive impacts your insurance premium. So, when car shopping bear in mind these factors - you may end up with a Ford rather than a Ferrari, but it should make your insurance cheaper:
- Age: Older cars may have a higher risk of being involved in an accident as they’re likely to have less safety features than newer cars, so buying a banger could cost you more in insurance!
- Size: Larger cars can be more difficult it can be to handle and cause more damage in an accident. Smaller cars mean smaller premiums and a lower risk of being involved in an accident.
- Theft risk: A flashy car may be more tempting to car thieves, so sticking to something sensible may be the best option for your first car to keep the premium down.
- Power: The smaller the engine, the cheaper the insurance, and it often means lower fuel and road tax bills too. Win, win!
- Euro NCAP safety rating: Since 2000, new cars sold in the EU are subject to strict standards rating all cars from 1 to 5 stars. More stars = a better safety rating! Safer cars are often cheaper to insure.
Insurers look at lots of personal factors that you often can’t do much about such as a sudden career change or inventing time travel, but it’s worth knowing.
- Your address and postcode can affect your premium some areas have a higher risk of theft or accidents than others.
- Pass Plus is a practical training course designed to help new drivers enhance their driving. It doesn’t always lead to a discount, but safer drivers can earn extra discounts are renewal.
- Your driving history will influence what you pay. If you have points, penalties or driving offences on your provisional or full licence, it’s going to cost you more – so try and avoid these at all costs!
- Your occupation will affect the premium, but it is important you are not tempted to bend the truth, as it could make your insurance invalid.
We’ll go into more detail below, but essentially choosing the right car and starting out with Black Box Insurance can help new drivers get on the road in a more cost-effective way.
Benefits of Black Box Insurance
- Simple & straightforward: We trust you to drive safely from the start, so we offer our lowest premium* from the get-go - without teasing you with complicated point schemes or cashback rewards.
- Drive 24/7 with no curfews: You can drive whenever and wherever you like, day or night! You don’t have to worry about rushing home before 11pm or night-time penalties affecting your score.
- Smart black box technology encourages safer driving by measuring your acceleration, braking and speed. We offer lower premiums at renewal to help you develop safer driving skills- if you’ve been good for your first year!
- Cover on a provisional and full licence: We provide seamless cover from learner to full licence with no increase in price when you pass.
Win a new Vauxhall Corsa!
Sign up to our newsletter for a chance to win a brand new Vauxhall Corsa!
Visit the Driver Hub
Check out the latest stories and blogs from young drivers
Become a Marmalade blogger!
Get involved, share your stories and earn shopping vouchers
Our customers love us – Here's what they say...
Here's what they say...
