If you have started to look for information about how to insure a young driver in your family then you’ve probably found that, for the most part, young drivers are often quoted very high premiums for their automobile insurance. So, unless you do the proper research, you shouldn’t be surprised to find that when you add a young driver to your insurance policy you will see that your insurance premiums are driven to new heights.
Although it can be rather costly to insure a young driver, there are a number of ways that you can find cheap car insurance for young drivers. Read this article and you will see how you can make your rates more affordable.
The first thing that you should consider doing is shopping online so you can compare insurance quotes from multiple companies. When you go to one of the better websites that offer car insurance policies you’ll find that all you have to do to get the information you need is to type in your zip code and answer several simple questions about your drivers and your cars. Then, within minutes, you will be able to get car insurance quotes and auto insurance premium rates from a number of different automobile insurance companies.
There are also a number of things that you or your young driver can do proactively to lower auto insurance costs.
Good Grades Count
The most common discount available to young drivers is one that’s available to good students and/or students who have a good GPA (grade point average). Most companies will reward students a discount if they can keep a “B” or higher GPA.
If the young driver isn’t the primary driver of your car you will be able to save money. In addition, if a family has 2 vehicles and 3 drivers, then you could list the young driver as the secondary driver for the oldest and least expensive vehicle. This can significantly lower the premium when compared to the young driver having his or her own vehicle.
Most households that have several cars and have teenage drivers will find that unless they a single parent (with one car) they will be able to get a multi-car discount from insurance providers.
Your Choice of Cars
One of the biggest influences on the cost of insurance coverage is the type of car your young driver drives. Young drivers will be able to save money on their car insurance if they buy an older car because they may not have to purchase collision or comprehensive insurance.
You can often find the lowest quotes on cheap car insurance for young drivers on the Internet.