In order to remain competitive in the car insurance market for young drivers, Swinton, a UK based car insurance company, is offering competent young drivers a premium reduction after 6 and 18 months - the longer your policy remains claim free, the cheaper your car insurance as a student or young driver becomes.
Although South African car insurance companies haven't yet pursued this strategy, it certainly seems like a plan - besides, the older a young driver gets, the lower their statistical risk level becomes! Although the bucks back bonus is one way in which DialDirect rewards the careful policyholder, it's not really targeted at young drivers per se. Having said that, it's certainly one of the more dynamic companies, offering excellent service and affordable car insurance premiums. By cutting out the middleman - the traditional car insurance broker - they reduce costs and pass the savings on to the consumer. You could save up to 25% on your monthly car cover premiums, so why not submit a free online car insurance quote form to see how much you could be saving?
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