How much is car insurance for young drivers who have no driving experience? Most parents are most likely faced with this question, especially when kids are going off to high school or college. Almost everyone in the neighborhood or at school drive their own car. And knowing kids nowadays, nobody really wants to get left behind.
For most parents, the main concern when buying car insurance for teens is the premium. It is not surprising anymore to find insurance companies charging teens with higher premiums because of the surging statics on teens getting caught with traffic violations and accidents. But this should not scare you. There are a lot of factors that will help you mitigate the cost of car insurance. Here are the most common ways on how you can get a more affordable premium for your teen.
* Encourage your teen to get good grades in school. Insurance companies give discounts for those who have a 3.0 GPA or higher because they are presumed to be responsible and goal-oriented.
Being a good driver also pays when applying for new insurance coverage. If your teen has been driving for a while and has not violated any traffic rules or been in an at-fault accident, then there is a good chance you can get a good-driver discount.
Over 50 car insurance companies offer these type of privileges but not all have the same rules. You need to make sure that the agency you are approaching will have this offer.
* Have them enrolled in a driving course. Although it is not primarily required, going an extra mile can bring a sizable discount on your teen's premium. A lot of insurance companies would provide discounts for teens that have successfully completed an accredited driving course, because they are more likely to drive safe on the roads.
* Ask your insurance carrier if they have these offers. Normally, if you have more than one car in the household, you can insure all of them together in one insurance company. Your teen can drive either of the cars and will be included in your coverage, and will not be paying out for a separate coverage. If it is your first time to buy a car, and you also want to buy a car for your teen, it is wise to make sure that the insurance agency you are planning to bind with offers multiple-car discounts.
* Increase your deductible. If you are buying a separate insurance policy for your teen because your provider does not have multiple-coverage, you can double your deductible and save on your insurance rate. For instance, if you are paying a $250 deductible, you can increase it to $500. Although the higher deductible is challenging, you can definitely reap its benefits as it offsets a huge cost from your monthly premium or overall insurance rate.
Likewise, if you have included your teen under your car insurance plan, you can opt to double your own deductible so you can have a cheaper premium.
* Only buy comprehensive coverage when needed. If your teen is driving an older car yet it is in good condition and has pre-installed safety devices like GPS, you can just buy your teen minimum liability coverage. Considering that the risk of car collision might be less in this case, you should disclose to your provider the sensible factors that can lower car insurance rates.
As your car model depreciates, insurance rates can also go down with it. But this does not mean you need to deprive your teen of newer car models. If you simply want to save on the cost, you can have your teen drive a less fancy car and in excellent condition. A four-door sedan would be a great option, especially for starters. While it is not so alluring for thieves and less likely to get involved in collisions, insurance companies may consider a lower insurance rate for your teen.
How much is car insurance basically depends on a lot of factors. Hence, do not hesitate to ask insurance carriers about other types of teen discounts, in which your kid may be eligible. When you check for quotes, you'll find out that over 50 car insurance companies offer a variety of privileges. Other companies also offer great discounts for loyal customers.
Popular Posts
-
Saving N Spending Five Useful Strategies to Consider When Trading Options Ways to Get Cash Fast and Save Money ...
-
Drivology new telematics car insurance providers have been officially launched with branding by bathing the communications company a smartph...
-
มาสมัครเป็นตัวแทนจำหน่ายพรบ. และประกันภัยรถยนต์กันเถอะ. ทำไม่ต้องสมัครหรือ ถ้าหากคุณเป็นคนที่มีรถยนต์อย่างน้อยคุณก็ต้องซื้อพรบ.ถูกไม๊ และถ้...
-
A startling truth is that lots of of us are paying out way too much for our car insurance , why? The key reason is idleness on our part, we ...
-
Saving N Spending Can You Use a Logbook Loan to Fund Your Start-Up? 7 Rights that you Have while Being Targeted ...
-
If you can't see this email, click here Car Insurance and Loans Car Insurance and Loan...
-
Due to the huge costs associated with vehicle insurance, drivers often just opts for the cheapest policy available, often without studying e...
-
Car insurance quotes online are the latest buzz in the auto insurance industry. Millions of car owners now rely on these quotes because they...
-
First launched in 1970 by the car chassis code KE20 Corolla Sprinter ( Corolla Sprinter ) have been added to the list sedan body style pro...
-
Toyota Corolla generation 1 . First launched in 1966 KE10 chassis code initially produce only body style Sedan 2 door Sedan 4 -door body ...
Showing posts with label How Much Is Car Insurance For Teens. Show all posts
Showing posts with label How Much Is Car Insurance For Teens. Show all posts
Subscribe to:
Posts (Atom)
My Blog List
-
-
Google Adwords Coupon For India 500 Spending Get 2000 INR - Google is the top search engine in world where you can advertise your product or services with the help of Google Adwords . You can start advertising today...8 years ago
-
Diamond - DiamondUndeniable that diamond jewelry is the most precious gem is fascinating . And most expensive jewelery in various Diamonds represent strength . Repre...10 years ago
-
Principal uses hands-on approach to middle-school math, science - Park project helps teach fractions, teamwork | Principal uses hands-on approach to middle-school math, science | Tenn. program seeks to curb need for rem...10 years ago
-
Cheapest Quotes For Car Insurance - A Few Recommendations For Securing One - A startling truth is that lots of of us are paying out way too much for our car insurance, why? The key reason is idleness on our part, we just can't be tr...10 years ago
-
Ferris Wheel Eye of Tianjin - [image: Ferris Wheel Eye of Tianjin] *Eye of Tianjin**Summary:* One of five similar Ferris Wheels in the Republic of China, the Eye of Tianjin stands tall...10 years ago
-
SALE Celebrity Wedding Ring - 8.5 Oval Cut Canary CZ - [image: Celebrity Wedding Ring - 8.5 Oval Cut Canary CZ] Buy Now. Celebrity Wedding Ring - 8.5 Oval Cut Canary CZ *Product Description* Metal: .925 sterli...11 years ago
-
LG Smart TV with new webOS at CES. - " The Korean giant builds on the acquisition of webOS from HP , announcing the arrival of a new Smart TV platform based on the operating system once desi...11 years ago
-
SALE Jane Iredale Bitty Brow Kit Brunette .32 Ounce - [image: Jane Iredale Bitty Brow Kit Brunette .32 Ounce] Buy Now. Jane Iredale Bitty Brow Kit Brunette .32 Ounce *Product Description* Detail. Foundation bru...11 years ago
-
SALE JBL Flip Wireless Bluetooth Speaker (Black) - [image: JBL Flip Wireless Bluetooth Speaker (Black)] Buy Now. JBL Flip Wireless Bluetooth Speaker (Black) *Product Description* Product Details Color: Blac...11 years ago
-
SALE Elmo MP-350 BOXi Mobile Projector - [image: Elmo MP-350 BOXi Mobile Projector] Buy Now. Elmo MP-350 BOXi Mobile Projector *Product Description* Ideal for aviation business presentations . Or...11 years ago
-
SALE Samsung GT-S7562-BK Galaxy S Duos Android Smartphone with Dual SIM, 5MP Camera, A-GPS support and LED Flash - [image: Samsung GT-S7562-BK Galaxy S Duos Android Smartphone with Dual SIM, 5MP Camera, A-GPS support and LED Flash] Buy Now. Samsung GT-S7562-BK Galaxy ...11 years ago
-
SALE Maytag UKF8001 Pur Refrigerator Water Filter 1-Pack - [image: Maytag UKF8001 Pur Refrigerator Water Filter 1-Pack] Buy Now. Maytag UKF8001 Pur Refrigerator Water Filter 1-Pack *Product Description* Product Des...11 years ago
-
Most delicious barbecue Thai.First Order. - [image: P1090328] First Order of *Thai food pavement*. Barbecue Thai is verry deliciuse.Including beef, pork, chicken marinated with special secret of e...11 years ago
-