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As well as a standard Annual Car Insurance covering a provisional driver, consider a specific Annual Provisional Car Insurance. The main difference between the two is that the Annual Provisional Car Insurance policy will usually terminate when you pass your test but can be cheaper than conventional annual policies.
Both types of policy will allow you to start building a no claims history. Although it is not a traditional no claims discount, with a Collingwood Provisional Car Insurance policy, Collingwood will provide a letter confirming an entitlement to 1 years no claims discount following termination of the policy and after 10 consecutive months claim free driving. However, if you pass your test after 9 months, with a Collingwood Provisional Car Insurance policy you won't have earned any NCD to carry forward to any other insurance and the policy will end.
With insurance policies not limited to provisional driving you will usually face a premium increase when you pass your test as you then pose a greater risk to the insurance company. However the increase will only be for the proportion of increased premium until your existing annual policy expires. One of the drawbacks is that you cannot find out in advance how much the increase will be and once you've bought the annual policy you are locked in and have to accept the increase or lose the months of no claims built up. For this reason many prefer to purchase an Annual Provisional Car Insurance Policy and shop around again when they've passed.
This content was last reviewed on 12/09/2017