Car Insurance Rates For Teenagers - Something You Should Know Before Buying

For parents with teenagers, buying car insurance for teenagers can be a real problem. Once your kid turns sixteen, driving becomes an obsession with them, but the usual auto insurance rate increase for teenage drivers will increase your total premium. Short of refusing to let them drive until they are older, there are a number of ways to lessen the added expense of car insurance rates for teenagers.

Whether they are new or existing drivers, here are some tips to receiving lower car insurance rates for teenagers:

Type Of Car
Driving History
School Grade
Policy Ownership.

Car Insurance Rates for Teenagers definitely base on their driving history. Even clean police criminal records can bring down the Car Insurance Rates for your teenager. Remember, the more positive documents you have to support your teenager, the cheaper will be for the Car Insurance.

Type of Car

This is definitely the opposite of what the Teenager wants. We know teenagers would definitely want an Expensive or powerful sports cars. Insurance Company do not like young teenagers in expensive sports cars and the average auto insurance rate increase for teenage drivers is much higher compared to the increase for an older, slower and less expensive model.

Older, heavier cars are harder to drive recklessly and, therefore, are safer. With an older car, the consumer might consider dropping collision and comprehensive coverage and only carrying liability. One of the factors that weight the most on insurance costs is the value of the car, so older car will also help lower the Car Insurance rates.

Driving History

Most insurance companies will give good discounts for previous good driving. Make sure your teen drives with awareness . Stay away from claiming for minor damage such as bent fenders and encourage them to drive according to the rules so as to avoid traffic tickets as either of these can send car Insurance rates for teenagers rocket high.

Send the teenager to a driving school. Graduating from a safe driving program or driver’s education class can lower the price of their car Insurance rates.

School Grades.

There would be a discounted Car Insurance rates for teenagers who maintain a B average or higher. This discount on the rates can be as much as 25%, so it is definitely a great idea to look for this discount when shopping for car insurance rates for teenagers

Policy Ownership

Adding a young person to the family policy can double the parents’ premium but this cost will decrease over time if the teenager is a careful driver. Listing them as an ‘occasional’ driver will reduce the rate as well. If the car being insured is old but safe, it may be cheaper in the long run to get them their own insurance.

Although most Car Insurance rates for your teenager can be a financial drain on your pocketbook, by searching a number of local insurance companies in your area and remember the above in mind, you should be able to find a good Car Insurance rates for teenagers.

Best wishes,
David & Jayden

For more info please visit http://www.get-insurance-today.info

This article was submitted by Jayden.