It is very unlikely that young drivers will get cheap car insurance. Why? Simply put, insurance rates are cheaper for drivers who have more experience and less chance of being in an accident.
Teenage drivers pose a high risk to insurance companies, and they cost them a lot each year. Teenage drivers are more likely to be involved in accidents or die from injuries than any other driver. In an attempt to pay their expenses, insurance companies charge them more to insure.
Teen drivers may have completed driver’s education courses, which is great. Although it is helpful, the best teacher is experience. They will not be able to handle the deer running directly in their path, or the blowout that demands their immediate and precise response. Wisdom comes from experience, something that only time can provide.
Our teenage drivers were the worst thing that we did was inventing text messaging and cell phones! Before getting behind the wheel, every teen driver needs to read the “Car Accident Cell Phone Statistics”. This amazing gadget has caused serious harm to the safety of all drivers, not only the young, but everyone on the roads today. It can be a dangerous distraction. Cell phone use is a major factor in 21% of all fatal car accidents involving teens aged 16-19.
The cost of your policy will not drop until your teenager has been behind the wheel for more than a few hours and is a responsible driver. However, there are a few things you can do to reduce the cost.
How to Get Young Drivers Car Insurance at a Cheap Price
- Pick a practical car. Although every teenager would love to own a Camaro or Mustang, these cars encourage reckless and aggressive behavior. This is a fact that insurance companies will charge more for coverage. You will get lower rates if you choose a sensible, safe-equipped vehicle such as the Toyota Camry or the Honda Civic.
- Your insurance rates are likely to be lower if you have added safety features in your car. You can get the best deal by adding safety features such as anti-theft devices, front and side airbags, and anti-lock break technology to your car.
- It doesn’t necessarily have to be brand new. A reliable and good-quality used car will help you save money, as they are usually cheaper to insure.
- Find out the current market value of your car. The car’s value will determine the coverage you need. Comprehensive and collision coverage is not necessary for vehicles with low values. Any claim you file will likely be less than the cost of insurance and the deductible. A car older than a car with liability will cost you much more each month than a car with comprehensive and collision coverages.
- You should choose the highest deductible you can afford if you need collision and comprehensive coverage. Higher deductibles equal lower rates too!
- Your policy will allow you to add your teen driver. Although your policy cost will increase, it will not be as expensive as buying an individual policy. A family policy that covers multiple drivers and vehicles can help you save money.
- Encourage your teenager to excel at school. They can help you save money on your car insurance by maintaining an A- to B average.
- Your teen should take defensive driver’s education classes.
You will need to shop around to find affordable car insurance for young drivers. The quotes can differ greatly from one company to another. Before you make a purchase, do your research!
