Looking for cheap young drivers car insurance quotes for yourself or for your child? Before you do anything it is a great idea to learn as much as you can understanding what factors influence young drivers car insurance rates will save you a lot of time and effort, and will ultimately help you find cheaper insurance.
You may be surprised to learn that when it comes to car insurance most people pay more than they really have to because they do not shop around.
Why Are Insurance Premiums So High For Young Drivers
As we all know, young drivers car insurance can be particularly expensive and that’s why it is so important to go the extra mile in order to find the best combination of lower car insurance premiums and good insurance coverage.
The one thing that really stacks up against young drivers, and consequently drives up their premiums, is their driving history, or rather, their lack of one. There really is no way round this and unfortunately the majority of insurance companies lump all young drivers together. Statistics show that because of their lack of experience drivers under 25 are almost 3 times likely to be involved in an accident than a driver aged over 60.
It is understandable why some careful young drivers feel ‘punished’ by insurance companies and think it is unfair they have to pay up to $5000 per year just because they belong to this broad insurance group, but there are things you can do to help the situation, like driving a cheaper, more “insurance friendly” car, or simply maintaing good grades at school. Many insurers actually offer a discount (some up to 25%) for students who maintain a B average.
Every young driver needs to focus on establishing a good driving record, but persevere and shop around, and your insurance rates will start fall. Remember a single traffic violation may significantly set you back on your quest for better insurance rates, some insures have even doubled premiums on the back of an accident.
It’s also a great idea for parents to be actively involved in the process of establishing a good driving record by monitoring their child’s driving habits and attitude on the road.
Another good idea is to check if your state has any extra safety laws or requirements which apply to young drivers. For example there are night driving restrictions in California and Florida, and passengers restrictions in Georgia and New Jersey. Do bare in mind that before applying for a driver’s license, many States require young drivers to complete a number of hours in a driver’s education course.
Use our online form to compare young drivers car insurance quotes now, and stop wasting your money!
