Thursday, March 18, 2010

Young Drivers Car Insurance

Trying to find young drivers auto insurance? It is a good idea to learn as much as you can before comparing insurance quotes.

Knowing what factors are used to calculate young drivers auto insurance rates will save you a lot of time and money. The bottom line is that you will find cheaper insurance.

It is astonishing that most people pay considerably more than they really need to for their auto insurance . Most of the time this can be easily avoided by simply shopping around for the best deals.

As you probably know young drivers auto insurance can be very expensive. In order to find the best combination of good coverage and affordable insurance rates, you really have to go the extra mile.

One of the biggest problems young drivers face is their lack of driving history. Sadly, there is no quick-fix solution to this problem. The majority of insurance companies lump all inexperienced drivers together as a significant insurance risk. Statistics clearly show that because of their inexperience drivers under the age of twenty five are approximately three times more likely to cause an accident compared to a diver over sixty.

It is understandable why many careful young drivers feel 'punished' by the insurers. Paying up to $5000 per year, for belonging to this 'risky' insurance group does seem unjust. There are, of course, things that can be done to aid the situation. Driving an "insurance friendly" car, maintaining good grades and low yearly mileage will all lower your rates. Did you know that a number of insurers do offer up to 25% discount for students with an average grade of B.

Establishing a safe driving record should be a priority for every new driver. Keep in mind that just one traffic violation may significantly set you back on your quest for better insurance rates. Even a small accident can be an excuse for many insurers to double your premiums.

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

Make sure you check if your state has any regulations and safety laws which apply to young drivers. For example, there are night driving restrictions in California and Florida, and passengers restrictions in Georgia and New Jersey.

Many states will also require you to complete a certain number of hours in an education course before any young driver can apply for drivers license.

See also: Women Pay Less For Auto Insurance

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