Why is insurance more expensive for older cars?
Why is insurance more expensive for older cars?
That’s because you’d have less coverage (lower “”coverage limits””) on an older car. Older cars are typically worth less, as their value depreciates over time.
How long are you classed as a new driver?
For some car insurance companies, drivers are considered “”new”” until they have three years of experience on the road, for others it can up to five or even nine years. Some carriers do not look at the date that you were first licensed, but instead use your age as the only determining factor. Feb 12, 2021
What is the best engine size for a first car?
Richard advises keeping the engine size low, for example 1200cc or less, to keep the insurance and tax costs down. Age – brand new cars are often unaffordable for first time car buyers so if you’re buying a second hand car, make sure you check the mileage.
