Cheap Car Insurance for Young Drivers

cheap insurance young drivers

It is tough to find discounts on car insurance when it comes to insuring a new young driver. One of the most common ways to find cheap car insurance is through succeeding in schools and becoming eligible for good student discounts. It is also usually a cheaper option to sign a teen driver onto an already existing insurance account such as their parents.

Another trick that many people are unaware of is signing the young driver on as a secondary driver on a car. What this means is that the car is owned and normally operate by a experienced adult, and the younger driver is insured as a secondary driver that uses the car on a less frequent basis. If there are multiple cars insured for the same family, pick the oldest lease expensive one to put the young driver on as this will also help lower premium rates.

Be the first to comment - What do you think?  Posted by InsuranceSpecialist - March 23, 2011 at 5:39 pm

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High Cost for Young Driver’s Car Insurance

Car insurance for young drivers has always carried a high cost. This is because of the statistics that back up how teenage drivers are vastly more likely to get into car crashes. The increased risk has been calculated to be four times higher when compared to older more experienced drivers.

With this in mind there are some US Senators and representatives that are looking to make legislation that would increase licensing standards for young drivers. The legislation would make it harder for young drivers to get a license and place restrictions on driving times and number of passengers. It would also prohibit young drivers from using cell phones while in the car.

The legislation also hopes to lead to lower insurance rates for these drivers. Legislators hope that the increase requirements for young driver education and practice will in turn allow insurance companies to place them in a lower risk category.


Be the first to comment - What do you think?  Posted by InsuranceSpecialist - March 14, 2011 at 7:57 pm

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Keep New Drivers on Parent’s Car Insurance Policy

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Car insurance is one of the most expensive costs a family can incur. When it comes time for a child to being driving, many parents worry about the increase in monthly expenses it will cause. Even without purchasing a new car for the driver, car insurance alone can be a couple hundred dollars a month.

There are a few different reasons that young driver insurance is so expensive. First, many insurance companies base their costs off of driving experience. When it comes to new drivers the insurance companies like to think in worst case scenario. Unfortunately, young drivers are statistically one of the worst groups when it comes to speeding and auto accidents.

It is important that young drivers go to safe driving classes as well as driver’s education to receive lower rates. It is also wise to keep them on their parent’s policy instead of trying to open a new one as it will likely be the less expensive option.


Be the first to comment - What do you think?  Posted by InsuranceSpecialist - March 11, 2011 at 10:39 am

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Young Driver Discounts

Young Driver

Getting a discount for a young driver, or a new driver can be a difficult task. Keep in mind that as the years go on, a clean driving record will continue to lower costs. Some insurance companies have specific policies focused on young drivers and may even offer some young driver discounts.

A new and growing trend is to offer discounts to young drivers who are doing well in school. The insurance companies view the good grades as a positive sign pointing towards responsibility. Many companies require the student to maintain a 3.0 grade point average or higher in order to qualify for this program.

Another way to get young driver costs lowered is by taking driving classes in addition to the normal driving education class. In some states no classes are required for teens to get their license, and in this case any class taken will be a positive step towards lowering costs.


Be the first to comment - What do you think?  Posted by InsuranceSpecialist - March 9, 2011 at 10:39 am

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Teen Drivers, Driver’s Education Class for Insurance

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Teen drivers who are unable to be added to a parents pre-existing insurance policy may have a hard time finding insurance coverage. Many insurance companies charge a large amount of money for new driver policies.

While all teen drivers are recommended to take a driver’s education class, it is not required in all states. This is an easy way to help lower a young driver auto insurance premium. In addition to the initial driver’s education course, there are other courses that are available. Some of these courses include defensive driving, driving in poor weather and safe driving.

Many of the people who take these courses are working towards getting points off of their license. Auto insurance companies take these courses into consideration when quoting auto insurance policies. There are many insurance companies that offer a deduction in policy premiums as time goes on for good driving. This is why it is important for new drivers to remain diligent throughout the first years of driving.


Be the first to comment - What do you think?  Posted by InsuranceSpecialist - March 6, 2011 at 9:19 am

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