If you are like me and have teenagers at home that are starting to drive, you are probably looking for affordable young driver insurance. Don’t be shocked when you first get quoted for adding your teen to your policy. And don’t despair! Keep reading this article to get some great tips on how to lower your car insurance for the first-time driver in your family.
To back up a little, it’s a true statement that teenagers are the group considered to be the highest-risk drivers. Therefore, insurance companies need to find ways to protect themselves and this often means that young drivers end up having to pay double the amount of insurance and sometimes even triple that other age groups pay.
Within the teen driver group, males, according to recent statistics, between the age of 16 and 17 years old happen to be more prone (than females of the same age) to getting into accidents and having more serious traffic violations.
And you can probably figure out that the boys end up paying more for car insurance premiums than the girls.
Now, this isn’t pleasant to think about, but you need to know that one of the worst statistics about young drivers between 16 and 17 is that they are 3 times more likely to become involved in an accident from a car collision than those drivers who are between the ages of 25 and 64.
Nobody wants to think of their teenager as one of those statistics. The fact that the current leading cause of death among 15- to 20-year olds are car crashes, you must be armed with this information and talk to your teen about the implications.
The statistics are depressing and in light of that, you most likely won’t find really low cost young driver car insurance, but all is not lost. There are ways for you to minimize cost for car insurance for your teen in a few different ways:
If your teen is already driving and is driving an older vehicle, have your teen purchase their own insurance policy that isn’t part of your package.
If your young driver is going to be added to your current policy, think about adding them as an “occasional” driver instead of a “primary” driver.
In some states, this tip is mandatory, but if your state does not require it, make sure your young driver takes a defensive driving course or some kind of driver’s ed. This course completed will definitely help you obtain reduced rates on the premium.
If your teen is one of the lucky ones and you plan on buying a car for him or her, choose a sedan over a flashy sports car. Car insurance carriers base their rates on the kind of car that is being driven. If they see that a first-time driver is potentially ripping it up out there on the streets with a brand new snazzy sports car, then you can rest assured your rates will be much higher on your premium.
The “good student” discount is helpful in reducing insurance rates. When a student gets A’s and B’s, this tells the insurance company that they must be more responsible in other areas of their life so therefore, they will consider lowering the insurance rate.
Using these tips together, you can most likely find the best policy for your young driver and not break the bank, too!
Looking for more information about how to obtain low cost car insurance for teens? Protect your wallet and your teen by visiting www.young-drivers-insurance.net.
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