18 March 2010

Cheap Auto Insurance for Young Drivers

Trying to find auto insurance for young drivers? It is a good idea to discover as much as possible before getting insurance quotes.

Knowing what factors determine young drivers auto insurance rates will save you a lot of time and money. At the end of the day, you will be able to get cheaper insurance.

It is shocking that a lot of people pay considerably more than they really need to for their auto insurance . By far the most common mistake is not comparing quotes.

As you probably know auto insurance for young drivers can be very costly. That's why it is of paramount importance to go the extra mile in order to find the best combination of lower car insurance premiums and good insurance coverage.

One of the biggest problems young drivers face is their lack of driving history. Sadly, there is no quick-fix solution to this problem. Most insurers treat all young drivers the same way as a significant insurance risk. It is a fact that because of their inexperience drivers under the age of twenty five are approximately 3 times more likely to be responsible for an accident compared to a diver over sixty.

It is not surprising that a huge number of careful young drivers feel 'punished' by the insurers. In the eyes of many, having to pay up to five thousand dollars per year is unjust. Of course, there are things that can be done to help the situation. You can lower your insurance premiums if you maintain good grades at school, drive an "insurance friendly" vehicle and reduce your yearly mileage. Did you know that many insurers do offer up to 25% discount for students who maintain a B average.

Every young driver must focus on establishing a good driving record. Its important to know that even a single traffic violation may push your insurance premiums through the roof. Some insurers will go as far as doubling your premiums just because of one accident.

Paying close attention to the driving habits and attitude of young drivers on the road is a fantastic idea for parents. Accidents can be avoided if good driving practices are encouraged.

Some states have regulations and safety laws which apply only to young drivers, so make sure you check first. For example, there are night driving restrictions in California and Florida, and passengers restrictions in Georgia and New Jersey.

Also keep in mind that in order to apply for a driver's license, same states may require completion of several hours in a driver’s education course.

See also: Women Pay Less For Auto Insurance

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