Car insurance for novice drivers

The greater the risk, the higher the premium: that also applies to new drivers. How you can still save.

Car insurance for novice drivers

As a novice driver, you are usually still unable to assess yourself and your car. Your accident risk is therefore very high – at least statistically speaking. Therefore, you have to pay high insurance premiums at the beginning. The exact amount of your premium depends on how long you drive without an accident. In addition, the value and condition of your car play a decisive role.

We explain to you with useful tips, what you should look out for in car insurance as a novice driver. And we tell you how save can. Here you will learn that:

  • The no-claims class depends on the number of accident-free years driven.
  • Partial or fully comprehensive insurance is generally only worthwhile for newer cars.
  • you can have the second car of your parents insured on you.

What are no-claims classes?

Insurance companies calculate premiums on the basis of no-claims classes (sF classes). Their no-claims class depends on it, how many years you already accident-free on the road are. As a beginner driver you level 0 and then rise further with each accident-free year until maximum level 35. The no-claims class therefore directly indicates how many years you have already driven without an accident.

The higher the no-claims class, the lower the cost of your car insurance. In the first few years, the premium decreases rapidly, but later it decreases more slowly. With level 0 you pay the highest insurance premiums. But after just one accident-free year, these costs drop by about. 30 %. Each insurance company sets different premium rates for the various no-claims classes.

If you cause a claim and have it settled by your insurance company, you will be downgraded again in the SF class. How far you are downgraded depends on the contractual provisions of your insurance and the amount of the damage.

Even if you pay more as a novice driver at the beginning, you will very quickly rewarded with discounts, if you drive carefully.

Comprehensive insurance – useful or not?

The motor vehicle liability insurance is required by law. Partial and fully comprehensive insurance, on the other hand, are voluntary and additional.

Liability insurance only covers the the damage you cause to others. This means that your liability insurance covers all property damage, personal injury and financial losses that you cause during the normal use of your vehicle. So when driving, getting in and out, loading and unloading, refueling. Damage caused by you to your own car, on the other hand, is not covered.

the legally required coverage amount of the liability insurance is 7.5 mio. €. However, most insurers cover 100 mio. € from. This means that in the event of a claim, the insurance company is responsible for all costs up to 100 mio. € is incurred. This sounds very high, but it is realistic. Because the consequential costs of an accident can quickly skyrocket. Z. B. In the event of long-term health problems or accidents involving several vehicles.

A partial coverage insurance covers damages due to external causes from, so e.g. B. through theft or a wildlife accident. The fully comprehensive insurance in the event of an accident caused by you, the insurance company also assumes the risk damage to your own car.

The costs for partial coverage insurance are independent of the no-claims bonus class. Partial casco covers the following damages in addition to liability:

  • Theft, glass breakage, short circuit
  • fire, explosions, hail, floods
  • Collisions with furred game (wild boars, deer, foxes, rabbits, etc.) are also possible.)

It pays to take out partial casco insurance if you need

  • your car is between 5 and 10 years old
  • the residual value of your car is higher than the insurance premium for one to 2 years
  • you are particularly dependent on your car

Fully comprehensive insurance is only worthwhile if the car is less than 5 years old or still has a high residual value. Partially comprehensive insurance is included in the fully comprehensive insurance as a matter of course. In addition:

  • Self-inflicted damage to your own car
  • Damage after hit and run
  • Vandalism

Beginner drivers? Still save!

There are many ways to avoid starting with the expensive no-claims class 0 after the driving test. In addition to insurance through your parents, accompanied driving at the age of 17 also saves you a lot of money. In addition, the choice of your first own car is crucial.

Insurance as a second car for parents

Mostly the insurance of your car as the parents’ second car or other related the most favorable variant. You, as a novice driver, are then only registered as the driver of the vehicle, but not as its owner. The papers are therefore not issued in the name of the novice driver.

The insurance companies classify a second car at least in the 1/2 no-claims class. This usually corresponds to a discount of 16 to 28 % of the full rate. Since the parents receive better rates due to higher asset reserves, the second car may even be classified more favorably under certain circumstances.

Another advantage: if you cause damage to your parents’ second car as a novice driver, only the second car will be downgraded. The this does not affect the no-claims class of your parents’ first car.

Take over no-claims class

Very practical: if you want to insure your car yourself after a few years, you can take along the no-claims bonus of the second car. So that you do not start again at SF class 0 in your own insurance. No matter which insurance company you choose. Prerequisite: your parents agree in writing.

A family member (including grandparents, uncle or aunt) is about to deregister a vehicle or has deregistered it in the last 6 months? Lucky for you! Because they can affect your have your no-claims level taken into account. This is particularly suitable for grandparents who no longer want to drive themselves. Because the one whose discount you take over then falls back to SF class 0.

Attentionyou can only be credited with as many years of no-claims bonus as you would have accumulated during that time. If you are 20 years old, for example, you can have a maximum of 2 years of no-claims bonus (3 years for a driver’s license at 17).

Have you or your parents been involved in an accident? motorcycle or a scooter If you have a 50 cc or larger engine, you can also have the no-claims bonus transferred from it.

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Christina Cherry
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