Is Finding Cheap Car Insurance for Young Drivers Actually Possible?
Most every adult can remember the joy of getting a driver’s license for the very first time. Recalling the feelings of being behind the wheel by oneself and the freedom it brought fade over time, especially once that former 16 year old is now the parent of one. The focus shifts to maintaining the living room furniture, curfews, safety, and attempting to find cheap car insurance for young drivers in the family.
Harnessing the speed and information available on the Internet is the best way for new drivers’ parents to get a feel for the insurance coverage that is available and what it is going to cost. While it may not seem fair in today’s equal opportunity world, there are still some significant differences when it comes to securing cheap car insurance for young female drivers versus young male drivers. Statistically, male drivers ages 16 and 17 have car accidents at higher rates than young women and subsequently are charged the highest premiums.
Does Cheap Car Insurance For Young Drivers Exist?
Well unfortunately no, really cheap car insurance for young drivers frankly does not, in fact, exist. But there are ways to maximize available discounts.
First and foremost, enroll a young driver in an authorized defensive driving class. These are offered in virtually every community and supplement the limited amount of driving safety information that can be supplied in school programs. Successful completion of these courses translates into peace of mind as well as potentially reduced premiums.
Making your young male or female driver a true occasional driver in the family car is a good idea, not only for the discounts but for allowing him or her to practice and refine driving skills prior to becoming a full time road warrior. Surrounding your child with the comforting metal provided by an older and less powerful vehicle is a far wiser choice than a muscle car or even an SUV. Encouraging good grades reaps benefits in higher education, employment and insurance savings.
The safety of our teen motorists is paramount, but encouraging good driving practices can lead to the possibility of finding sources of cheap car insurance for young drivers. Be firm with young drivers, invoke driving curfews and spend some time actually riding with your son or daughter. Preparing a teenager for the very serious responsibility of driving is one of the most important and valuable life skills a parent can offer.
For further tips on saving on car insurance, check out:
- 11 Ways To Save On Car Insurance by My Dollar Plan
- 5 Ways To Lower Your Car Insurance Premiums by Me
- How We Cut Our Car Insurance Bill In Half by Green Panda Treehouse
- How Young Drivers Can Save On Car Insurance by Debt Kid
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Hi….
Great tips that you have listed there. Teen auto insurance can be quite expensive if you don’t know which discounts are available from car insurance providers.
Two additional ways to get a reduced premium amount are:
1. Pay for the policy in full instead of making monthly payments. Most insurance companies give you about a 10-20% discount for this.
2. Pay a higher deductible. You will be responsible for a bigger portion of the initial costs. However, if you are like many drivers and rarely get into an accident, it may be a smart risk to go this route.
Again, great job with the information. If followed, your tips can lead to instant auto insurance costs for younger drivers.
Best wishes,
Molly Granger