Cheapest Auto Insurance for Young Drivers
To find cheaper insurance premiums, young drivers can compare rates from a variety of companies online. This allows a youthful driver to locate the cheapest quotes much quicker than the old method of contacting each insurer directly for a quote.
There are companies out there that offer affordable premiums to teenagers, even if members of this group are considered to be a higher risk due to a lack of driving experience; the key is just to locate them. The cheapest insurer is not something someone else can tell a driver because each motorist has a unique combination of risk factors. Teenagers who drive will have to compare quotes from multiple companies at the same time to see the big picture and to easily find those insurers offering affordable coverage.
Why can the cheapest insurer differ for each young driver?
Two teenage drivers may be offered cheap rates by a different carrier because factors such as the following have an impact on price:
- driving record
- type of vehicle
It s common to hear a young driver suggest a certain carrier who offered them reasonable prices only to find out that it wasn t the same case for you. This can be for many reasons; maybe they both have different cars or maybe one may have less than 3 years driving which is sort of a breaking point for getting the good driver discount.
Drivers with less than 3 years driving:
New drivers who have not had their license for at least three years may not qualify for the 20 percent good driver savings; however, some companies out there will honor the discount at age 19 because they may use age 16 to calculate driving experience automatically. To ensure cheap insurance:
- Take advantage of premium reductions for:
- continuous insurance coverage within the last 30 days
- short commute to work or school
- good grades in school (may need proof)
- Consider higher deductibles when adding physical coverage to a vehicle
- Avoid unnecessary coverage such as collision if the vehicle�s value is insignificant
- Take a look at this video on how to find the cheapest auto insurance online
- Consider having the monthly payments automatically withdrawn from your account to reduce billing fees
- Avoid billing fees entirely by paying premium up-front (3 months, 6 months or one year at a time)
Completion of a safe or defensive driving course may also entitle younger motorist to a discount. Aside from the savings of premiums, this can be very valuable because such classes teach youths how to operate their vehicles safely which will help them stay safe behind the wheel.
For more information, see our resource page about auto insurance for teenagers with more articles and frequently asked questions or view this article about cheap car insurance for young drivers for more details.
Questions about Car Insurance for Young Drivers
Teenage drivers are notorious for being a bit reckless behind the wheel, and, unfortunately, this makes them more likely to be involved in a traffic accident. Teens who borrow their parents’ cars will only be covered for an accident if the.
It can be scary enough thinking about a child out on the road in their own car with so many dangers around. Combine road hazards with statistics showing young drivers’ high likelihood of being in a traffic accident, and parents might be tempted to.
Some grandparents give up driving right around the time their grandchildren start. And not wanting to let a perfectly good car to go to waste, they might want to pass their car on to those grandchildren who are just learning to drive. The only catch is that giving someone a car isn’t.
News on Young Driver Coverage Issues
July 31, 2014 – Results were so-so for two small electric car models that underwent their first-ever front-corner crash tests, according to a recent Insurance Institute for Highway Safety (IIHS) report. The plug-in hybrid Chevrolet Volt got an “acceptable” rating, and the EV Nissan Leaf got a “poor” rating in.
July 17, 2014 – Crash claim rates for some teen drivers are more than double than the rates for older drivers, according to a new analysis from the Insurance Institute for Highway Safety. But there’s something else that compounds dangers for teen drivers: They.
December 19, 2013 – Esurance announced Wednesday the debut of a no-cost program that the auto insurance company said will help its policyholders who are parents to monitor their teen drivers and train those young motorists on the rules of the road. DriveSafe operates through a telematics device that Esurance sends to participants who plug that.
Articles for Getting Insurance for Young Drivers
October 18, 2013 – Auto insurance is commonplace: everyone needs it, most people have it, but not everyone talks about it. So it’s always a kick whenever the topic turns up in unlikely places. In this entry, we’ll review recent auto insurance-related topics that you’ve seen on your screen: your TV, your phone, and your video games.
May 30, 2013 – Five teens got into a car. Two were sisters, a year apart and both dancers. Their friend danced on the same team. Another teen loved soccer. Another was a wrestler.
May 13, 2013 – We’ve tried to scare you straight, talked about studies, offered bad examples to learn from, given you a heads up on penalties, and reviewed a court case. Needless to say, we’ve spent our fair share of time on distracted driving. The problem is: it may not be enough.