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Most parents will agree, young drivers are hard to insure! Statistically young drivers have the most accidents and most moving violations due to their inexperience. There are some things young drivers can do to get affordable student car insurance.
Good grades matter. Most insurance companies offer what is called a "good student discount". The thought process being that students who get good grades are often more responsible and careful about their daily activities. The typical GPA required for a good student discount is a 3.0 or B average.
Companies typically give a discount for a young driver who has completed a driver education course or a defensive driving course. Many public schools offer driver education courses and many private driving schools offer defensive driving courses as well. Be sure to choose a private school that is DMV approved. Upon successful completion a certificate is given to the student driver and it can be sent to the insurance for discount.
The most important thing a young driver can do is to maintain a good driving record. Remaining accident and moving violation free is very important in obtaining and keeping affordable student car insurance.
When shopping for car insurance for teenagers, it is a good idea to shop around online to compare prices and find the most affordable.
Higher insurance rates for teenagers are due to their inexperience and sometimes reckless behaviors when behind the wheel. But, it is important to remember car insurance companies do reward for good driving records. So being a safe driver will help lower your rates.
As a newly licensed driver, teenagers should know a few things to help their car insurance rates low.
First, cars are rated to determine insurance rates. For example: a corvette is going to have a higher premium than a pick-up truck. Add in a teenager driver, the insurance premium soars even more. So it is best for a teenage driver to stay with a car that is going to be lower on premiums, like a 4 door sedan.
Most states only require auto liability insurance for cars that are paid for. So keeping this in mind, it is a good idea to buy something cheaper as a first car.
Other things that affect your rates are speeding tickets or accidents. It is important to pay attention to the road, follow the speed limit and do not talk on cell or text to avoid accidents. Doing these things will keep your insurance rates down.
Insuring a teen driver is expensive. Teen drivers are involved in more fatal or serious injury collisions that any other age group, and this drives up the expense of insuring them. However, there are ways to lower the costs of car insurance for young drivers.
The kind of car given to young drivers will have a direct impact on insurance costs. Most young drivers want a small, fast and sporty car. However, the combination of the three can create a substantial insurance premium. the faster the car, the higher the insurance premium will be. Also, sports cars have a higher theft rate, which also makes them more expensive to insure. To lower insurance costs, young drivers should have a larger, older model car. Larger cars are heavier, and therefore prevent young drivers from speeding and driving recklessly. Also, an older car that is paid for will only need liability insurance instead of collision and comprehensive insurance. Finally, an older car will have a lower blue book value, therefore it will cost less to insure.