Per the Insurance Institute for Highway Safety, teenagers account for up to six times more accidents in comparison to adult drivers within the age range of 30 to 59 years. These are alarming statistics, and as result of these alarming statistics, you will find car insurance for young drivers are very expensive. However, there are steps you can take to reduce the cost of insurance for your young driver.
Enroll your young driver in a drivers education course, you will find that most insurance companies will extend a discount for taking drivers education course. One course you might consider is defensive driving; contact your insurance carrier prior to enrolling your teenage in any course to see what type of premium reductions they will extend, and which course will provide you the best discount.
If your young driver is in college or high school and have good grades, you can request a good grade discount. Some insurance carriers extend up to 10 percent discount for students who maintain a 3.00 or higher grade.
Obtain a higher automobile deductible on your young driver’s car, this will save you up to 15 percent off your premiums. Keep in mind that in the event of an accident you are liable for the out of pocket deductible expense.
Avoid purchasing any type of sports car; insurance providers tend to charge more for sports car than they do for other types of vehicles. Consider having all the necessary security features in the automobile you purchase such as ABS braking system.
Add your young driver to your insurance policy. You will find the rates are much more affordable when you have multi policy coverage with one insurance company.
Talk to your young driver about the benefits of having a good driving record, you might tell them how traffic citations and accidents increase insurance premiums. It is important that as young driver they are aware of their surroundings at all times while driving. Therefore, you should talk to them about the danger of driving and texting as well as cell phone conversations.
Contact your state dept of motor vehicle licensing division to see if they have any young drivers restrictions, some states have restrictions on the time your young driver can be on the road at nights.
Driving is a big step for the young driver, and it is an indication they are on their way to adulthood. To ensure the best car insurance for young driver, keep the door of communications open and help your child drive carefully.
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