In most cases, it is not cheaper to buy a cheap car to insure your child on. While the purchase price of the car may be lower, the insurance premiums for a young driver are often higher, regardless of the car's value. This is because young drivers are considered higher-risk drivers and are more likely to be involved in accidents. As a result, insurance companies charge higher premiums to offset the increased risk.
To find the cheapest car insurance for your child, it's important to compare quotes from multiple insurance companies and consider all the factors that affect the cost of insurance, such as the driver's age, driving history, type of car, and location. Some insurance companies offer discounts for good students, safe driving courses, and multiple car policies, so it's worth exploring these options as well.
