Cheap Auto Insurance for Teens
Auto insurance for teens could cost most people an exorbitant amount of money. This is because the insurance companies may view teen drivers as “risky.” For example, young males 16 to 21 years old may be considered to be the worst drivers, in terms of accident frequency. Insurance companies may not think of teenage girls in a much better light. For more information, read the article about young drivers and car insurance.
What that means, in terms of insurance, is that teen drivers could be charged an absolute maximum for their auto insurance for teens insurance premiums. This is because the insurer may believe, statistically speaking, that the teen in question may be much more likely to be involved in a costly accident than an older driver would be. Read another article about auto insurance for teens for additional information.
There may be a way to get around these unpleasant facts about insuring your teenage driver, and search for the cheapest auto insurance online. Actually, there are several different ways in which you might be able to significantly lower premiums for auto insurance for teens, or even reduce them to normal rates.
Some of the factors pointed out by Bill Weaver, an expert authority on auto insurance for teens, that could enter into price are:
- Where do you live? In the city, a suburban area, or in a rural setting? Rates may be lower in a rural area, with the city being more expensive.
- How many miles per year will the vehicle be driven and how many miles to work, school or college.
- The model and age of the vehicle and its safety record. Sometimes an anti-theft device could lower the rate.
- The deductible amount and the coverage amount. These could vary according to your area and the laws in your state. The more out of pocket you can afford on the deductible the lower your rate may be.
- Your teen’s grades at school may also be a determining factor: The higher the grades the lower the rate may be.
- Did your teen take a driver education course?
The first step to begin the process of finding affordable auto insurance for teens is to get quotes. You can get free, no-obligation quotes by filling out a simple form.