Teenage drivers are the hardest to insure without spending a lot of money. However, there are ways to get auto insurance for teen drivers that is lower than it would be usually. Taking advantage of certain options can really cut the costs for auto insurance for teens, especially when young drivers exhibit responsible behavior. Following are some ways to save on car insurance for teenagers.
How to Save on Auto Insurance for Teenagers: Basics
Employing the same tactics that universally lower car insurance rates works for policies covering teen drivers. Raising the deductible value, and dropping extra coverages like collision and comprehensive coverages are ways to lower rates. However, there are also some specific ways to make car insurance for teen drivers relatively inexpensive.
Safer Cars Means Lower Insurance Costs Overall
Teenage drivers can cost up to twice as much to insure as drivers 25 and older, because inexperience causes a higher rate of accidents among young drivers. Choosing a safe car for a teen driver, however, not only reduces the risk of injury in an accident, but it lowers monthly premium rates. Cars like Volvos are great for young drivers. Also, adding safety features to a vehicle can cause premium rates to drop.
Cheap Car Insurance for Teen Drivers Can be Based on Driving Record
Although the chance that a driver is involved in an accident is much higher for young drivers, maintaining a clean driving record is likely the best way to prevent auto insurance costs from rising. Teenage drivers who cause even a single accident, or are charged with a DUI or DWI will see auto insurance rates increase significantly. Maintain a safe driving record, and discounts will follow. Staying out of trouble with the law is also imperative; those who begin a crime record at an early age are sure to have higher car insurance costs than those who stay out of trouble. Anything that demonstrates personal responsibility helps to qualify teen drivers for lower auto insurance rates; doing well in school, discussed next, is another way to save.
Cut Costs of Car Insurance for Teen Drivers by Having Teens Perform Well in School and Community
Doing well in school is often indicative of someone's risk-free and responsible character, and auto insurance companies realize this. Teens who maintain a GPA (grade point average) of over 3.0 often qualify for insurance discounts. Joining community programs that emphasize responsibility ideals can also qualify teenagers for auto insurance discounts. Boy Scouts, Girl Scouts, and youth group memberships are examples of these community organizations.
Although young drivers tend to have significantly higher auto insurance rates for coverage than do experienced drivers, there are ways to lower costs. Consider all of the above options, and in employing them, money can be saved.
Reed, Philip. Car Insurance for Teenage Drivers, Edmunds.com
Thomas Wyatt - Tom Wyatt grew up in Virginia. He has been interested in the outdoors (fishing, birding, camping, and other such activities) since he was ...
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