Incentives within new driver insurance policies
July 29, 2010 - 3:28 pm
Incentives within new driver insurance policies
A new driver motor insurance quotes policy will be custom tailored to a young driver, with statistics of young drivers figured into the terms and features of the policy. This has been a relatively recent development, with a lot of these “new driver” policies being marketed as student insurance plans. Many of these plans will in fact provide incentives to the “student” (legally and politically correct way to say “young”) drivers to actually drive safer, better. One way that insurers and insurance brokers are doing this are through programs that reward students that perform well academically with lower premiums and even cash back.