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Cheaper Car Insurance For New Drivers- Great Tips To Cheaper Car Insurance

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Home Page > Finance > Great Tips To Cheaper Car Insurance

Great Tips To Cheaper Car Insurance

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Posted: Mar 11, 2009 |Comments: 0
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If you can not afford to pay in full check out what rate a small loan would be you may still save some money.Put your spouse as a named driver.Look after your credit rating.Buy from the internet.By paying your insurance premium in full you can avoid paying costly interest charges that would be added if you paid your insurance premium by instalments.Although this will increase your insurance premium if you have a lot of years of no-claims you may want to protect this as a small claim may increase your premium by up to 75%.Try and work out how many mile\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s you will do if it\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s likely to be less you may get a discount.Take pass plus.Build up your no-claims discount One of the biggest factors affecting your car insurance premium is the number of years no-claim\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s discount.If you are a new driver consider taking your pass plus.Lower your annual mileage.Young driver\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s add a older driver.Join a car club.Most insurance companies also do other insurance products ie\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\”Building\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s and content\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s insurance\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\”.Insurance companies are now looking at your credit score as part of the calculation for your insurance premium.20 Tips to cheaper car insurance.If your vehicle is a classic or specialist consider joining a club related to your car most clubs offer insurance schemes which have very good premium rates.All insurance companies use different formulas to calculate your insurance premium by adding or detracting money after each question the ask you.This rates vehicle\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s from 1 – 20 generally speaking the higher the group the higher the premium.Most insurance companies will give extra discounts for purchasing more than one product,by doing this you could save a fair amount on all your insurance premiums.You need to remember that with this type of cover if you was to have a accident that any damage to your vehicle would not be covered for repair.Maintaining a good credit rating could avoid unnecessary additions to your premium.Pay your insurance premium in one go.Fill out a online loan application  Increase your voluntary excess.The more years you can stay claim free the safer driver your insurance company will see you as.Some insurance companies offer discounts when you add a spouse as a named driver as opposed to unmarried couples,they see marriage as a sign of stability and associate stability with safe driving and there for give you a discount.25% discount and when you have just passed your test and have no no-claims this could make a considerable saving.Having a alarm or immobiliser fitted will give you a small discount to your premium and having a tracker fitted could make you quite a saving.Adding extra value to your car when you apply for your insurance quote will do nothing for you apart from increase you premium.You could receive up to 75% discount for around 5 years of no claims.If you have a young driver on your insurance policy that no longer use\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s the vehicle you should remove them as this will reduce your premium.You may even receive a discount for paying in full.Most insurance companies adopt the Association Of British Insurance Group Rating.Be honest about this as your insurance company may ask to see old MOT\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’S and service history to verify your mileage in the event of a accident.Take the advanced driving test.Some insurance companies may charge as much as 15% APR on instalments.If your vehicle is of a low value then you could consider this type of cover.Protect your no-claims discount.Third party only is the minimum cover you are required to have by law it\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’s also the cheapest.Buy extra products.

Insure your car Third Party Only.By shopping around you could find big savings on your insurance premium.Click here to get a instant online insurance quote  Shop around.Your excess is the amount paid by you in the event of a claim,by increasing this your insurance company should reduce your premium.Don\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\’t inflate the value of your car.Theft of and from your vehicle play a major role in the calculation of your insurance premium.Keep a clean licence Insurance companies take driving convictions very seriously and can dramatically increase your car insurance premium,by maintaining a clean licence proves to the insurance you are a safe and careful driver.In the event your car is stolen or written off you will only be paid the market value of your car at the time of your accident.Lowering your annual mileage can reduce your premium,most insurance companies will quote you for around 12,000 miles a year.Car insurance premiums rise year after year,Although your car insurance premium largely depends on your Car, Age and discount there are a few steps you can take to help stop the rise or even reduce your premium.Most companies offer a discount for online applications as this is automated process and costs them a lot less to process your application, you can usually see discounts of 5%-10%.By buying a car with a lower group rating can lower your premium especially for young or inexperienced drivers.Remove any unnecessary drivers.Buy a lower insurance group car.Passing your advanced driving test will show your insurance company that you have extra skill when driving and are less likely to be involved in a accident.A very important factor to your insurance premium is what car you drive.Have a Alarm,Immobiliser or Tracker fitted.Some insurance companies will reduce young drivers premiums if they have a older named driver on the insurance.

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Cheap Insurance For Young Drivers ? Tips For Keeping Costs Down

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Home Page > Finance > Insurance > Cheap Insurance For Young Drivers – Tips For Keeping Costs Down

Cheap Insurance For Young Drivers – Tips For Keeping Costs Down

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There is a possibility of finding cheap insurance for young drivers if you follow a few steps that will help to keep the cost of premiums down.  It is important to remember that young people are considered high risk because of their age and the fact that younger people are known to be involved in more accidents.  Youngsters are more likely to get into accidents than older and more experienced older drivers and the statistics clearly bear this out. The records of road accidents clearly show that a much higher proportion involve younger drivers and in particular young male drivers.

 

Because of this, insurance companies raise the premiums to absorb the increased risk they are taking when they insure young drivers.  All insurers will base their premiums on the likelihood of having to make a payout for a claim, and they assess the likelihood by studying the statistics for past road accidents and claims. Some insurance companies will not even insure younger people because of the higher risks involved, because they believe the risks of losing money are too great, or the premiums they would have to charge would be unrealistic.  Young drivers with provisional licenses can therefore have trouble finding insurance.  It is out there, you just have to look for it carefully and take a few steps to bring the price and the risk down.

 

How to Lower the Risk for Young People

 

In order to get cheap insurance for younger drivers you will have to lower the risks involved with young drivers.  You can do this in several ways, including the following:

 

Having your young driver take a driving course such as the Pass Plus programme.  The Pass Plus programme teaches a young driver how to drive under different conditions.  They will learn how to drive in town and on a throughway for example.  You can get a 20 percent discount from many insurance companies if your young person has taken a course.

 

Buying a small, second hand vehicle instead of a larger more expensive vehicle.  Autos with large engines will have higher premiums than smaller engines.  A small vehicle will do less damage than a large vehicle also and they are usually cheaper to repair too.

 

Avoid doing any modifications on the car.  This includes tinted windows, alloy wheels, and even interior modifications such as bucket seats.  Modifications can make the car more appealing to car thieves, which increases the risk to the insurers and therefore the costs.  Some modifications to the engine can make it a high performance auto, which also increases the chance of accidents.

 

If possible try to keep your mileage low.  Some motor insurance companies will take car mileage into consideration when they work out your premium.

 

Buy insurance online.  You can get a 10 percent discount from most online insurance companies when you purchase your car insurance online.  Oftentimes their insurance rates are lower because they have a lower overhead.

 

Do Not Be a Statistic

 

One third of all road fatalities are young drivers between the ages of 17 and 25.  One out of every five young, new drivers has an accident in their first year driving.  17 to 21 year olds make up seven percent of the people who have a driver’s license.  When it comes to injury accidents, they make up 13 percent.  Pay attention when driving, so that you do not become a statistic.

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Find out more about where to get cheap insurance for young drivers on the author’s Insurance Young Drivers website, which offers a range of information for new and learner drivers, from help with young car drivers insurance to advice on drink driving laws, learning to drive, etc.

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Find out more about where to get cheap insurance for young drivers on the author’s Insurance Young Drivers website, which offers a range of information for new and learner drivers, from help with young car drivers insurance to advice on drink driving laws, learning to drive, etc.

Posted by on December 30th, 2010 No Comments

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Home Page > Finance > Insurance > Cheap auto Insurance For new Drivers- Tips You Can Use For Finding Auto Insurance

Cheap auto Insurance For new Drivers- Tips You Can Use For Finding Auto Insurance

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Cheap auto Insurance For new Drivers- Tips You Can Use For Finding Auto Insurance

By: Brian Bannon

About the Author

Here is the #1 resource for cheaper car insurance just click here to save money now

(ArticlesBase SC #2749922)

Article Source: http://www.articlesbase.com/Cheap auto Insurance For new Drivers- Tips You Can Use For Finding Auto Insurance





The following advice can lead you to the most affordable auto insurance. While it’s not a large list, these tips can save you a lot of money by finding a cheap auto insurance for new drivers.

The primary factor in low-cost insurance is your driving record. If you avoid accidents and tickets, your insurance will be low. For each ticket and each accident, your rates will go up. It will take at least three years to remove an infraction from your driving record. In some states, certain infractions like DUI’s can remain for nine years.

Your insurance rate also gets affected by your credit rating. Paying your bills on time will be beneficial to getting lower rates. If your credit score leaves something to be desired, search for providers that omit credit ratings during policy rate calculation.

Always ask for discounts. Even if you don’t qualify, it never hurts to ask. Examples are:

1. Discounts for good driving. Meaning you have been involved in no wrecks or accidents. If you are a new driver taking advanced lessons will help you to get cheap auto insurance for new drivers.

2. You may also qualify for better rates depending on your age. Sometimes, combining health and auto insurance with the same company will slash rates. Joining two separate discounts can also save you more cash if you a cheap car insurance company.

3. If you still think your rates are too high, compare quotes from other companies. In some instances, you’ll find that you have been quoted double and this is a good way of finding cheaper auto insurance for new drivers.

4. Even if you think you are getting cheap auto insurance run a price comparison check. You may find thar your insurer comes up offering a much lower quote than you are currently paying. This is because prices on the internet are generally a lot lower.

Other tips:

If your vehicle is very old and low in value, consider dropping to just liability (unless your state requires more). Once your vehicles blue book value is less than ,000, even if it’s totaled, the amount the insurance company would pay to replace would be lower, after the deductible is removed, than what you will spend on insurance in a year.

In today’s economic climate, you can’t afford to pay too much for auto insurance. If you can find better rates, it’s like finding money. Any cash not spent on insurance can be put in savings or used for other expenses. Click here for cheap auto insurance for new drivers.

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Here is the #1 resource for cheaper car insurance just click here to save money now

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low cost insurance for young drivers, cheap young drivers insurance, cheap auto insurance, new driver insurance, inexpensive auto insurance

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Here is the #1 resource for cheaper car insurance just click here to save money now

Posted by on November 10th, 2010 No Comments

Cheap Car Insurance For New Drivers-Cheaper Car Insurance for new drivers – Tips to Help You Save on Your Insurance

cheap car insurance for new drivers
by me and the sysop

Cheaper Car Insurance for new drivers – Tips to Help You Save on Your Insurance

If you have noticed that you are spending a lot of money on car insurance, it is still not too late to cut the cost. So that you can save money, you must always choose the right car insurance. This article will aid you in figuring out where you have been only wasting money, instead of saving it on cheaper car insurance for new drivers.

Sometimes you may think you’re saving money on car insurance but in truth, you’re only providing insurance companies with good business. This is because cheaper doesn’t always mean better quality. It is possible to get a low cost insurance but you may discover the hard way the insurer cannot provide you the necessary services the moment you need them.

You can avoid this happening to you by comparing quotes and polices before taking them. This will ensure you get the best policy at the best price for cheaper car insurance for new drivers .

If you already have a policy on car insurance, you would really want to save money. You can get savings from the different discounts that are available. There is no point in taking a full cover that covers your car as well if it is only worth a few hundred dollars. By the time your deductible is paid you will get nothing back if the car is not repairable.

You will need to consider every aspect and determine what its value is, not what you think it is worth. Make sure you know the market value of the car before you insure it. Covering it for more than it is worth is money down the drain.

if you have a car with safety features on it the cost of the car insurance will drop and the same applies to a car with security features. However you need to balance the cost of cheaper insurance with the cost of buying a car with all these features.

It is usually better to get a cheaper car for new drivers without all these features and pay a higher deductible to reduce the cost of your insurance.

Another way you can get discounts is to attend advanced driving classes. If you show the car insurance company that you are a safer and advanced driver the cost of your insurance will be reduced. Click here to get cheaper car insurance for new drivers now .

Here is the #1 resource for cheaper car insurance just click here to save money now

Posted by on October 31st, 2010 No Comments

Cheap Young Persons Car Insurance-Cheap Young Drivers Insurance ? Top Tips On How To Find It

Cheap Young Drivers Insurance ? Top Tips On How To Find It

We all want the cheapest car insurance we can get, but when you are a young driver it can seem impossible to get anything that is not absurdly expensive. There is no escaping the fact that insurance for young drivers will cost more than it will for more experienced people. This is not just vindictiveness on the part of the insurance companies, but is based on statistical evidence.

 

Insurance companies have to operate at a profit and they know from the statistics that young drivers are far more likely to be involved in road accidents than older people. There are a combination of reasons for this, but clearly inexperience is a factor. This in itself does not need to be a big problem, but if you combine it with an increased tendency to drive fast then you have a recipe for accidents.

 

Also bear in mind the typical ways in which young people use their vehicles compared to older people. There are increased risks involved when you compare late night jaunts between social functions with groups of friends, with doing the same journey to work and back every day. A generalization of course, but nonetheless true.

 

So to what extent can you bring down the cost of your premiums and find cheap young drivers insurance? Well we can start with the obvious, which is to shop around. There are some companies that will not even offer cover, so the prices you do get will vary a lot. Approach a lot of companies and look for ones that specialize in young and new drivers.

 

Other than that, one of the main things that will influence the size of the premiums you pay is the car you choose to drive. There is no greater guarantee of enormous premiums than a young person in a fast, powerful car. This is because the evidence shows that the chances of accidents increase dramatically if you make it easy for a young, inexperienced driver to drive very fast.

 

So you can bring costs down by choosing the car you wish to insure very carefully. All cars belong to an insurance group, and the price you pay will be in part related to the group your car is in. Choose a car from a low insurance group. Go for a second hand, small car with a small engine. If the car is not expensive and does not have a powerful engine, the price will be much lower. This is not generally what young drivers want to hear when they are looking to impress their friends with a flashy new car, but it is what you must consider if you want to be able to afford to get behind the wheel at all.

 

Another step you can take to bring down the cost of insurance is to see if you can build an excess into your policy. An excess is when you have to pay the first part of any claim, up to an agreed maximum. This could be a relatively small amount, but the larger the excess you agree to, the smaller your premiums should be. In agreeing to an excess you are sharing the risk and showing confidence in your ability to avoid accidents.

 

 

Find out more about how to cut the cost of insurance on the author’s Insurance Young Drivers website, which offers a range of information including advice on young car drivers insurance and how to get cheap young drivers insurance, along with advice on drink driving laws, getting a licence, learning to drive, etc.

Posted by on October 29th, 2010 No Comments

Cheap Car Insurance Under 25-Cheap Car Insurance Tips

Cheap Car Insurance Tips

Saving money is something we look for in all areas of life and is especially relevant when it comes to car insurance. In fact many of us will spend hour upon hour searching for a good deal when renewal time comes round (yet again).

You may be surprised to hear there are some pretty simple ways to shave a bit off your policy this year.

Obviously shopping around will allow us to find the most competitively priced policy and there are many websites that now provide this service as a one stop solution. You may be surprised to hear that there are some of us who still accept the renewal price of their existing insurer rather than spend time looking for a cheaper quote. Believe me it really is worth the effort. You could quite easily shave off over £100 on the average policy.

It is important to consider a policy on its merit as well as price as you could be losing out on vital cover if you’re not too careful.

Another way to secure cheap car insurance is to pay up front for the policy – if you can afford to. Paying by monthly instalments may appear to be the cheaper option but many insurers will charge interest on the payments (as much as 25% APR in some cases) and this could negate any saving you’ve made on the policy.

If you really cannot afford to pay the premium as a lump sum you could consider taking out a 0% interest card. It is important to remember that this is only effective if you intend to pay the amount off within the interest free period.

In certain circumstances adding a second driver to the policy can help bring the price down, for example one of your parents or your spouse. Be careful you state the true main driver of the vehicle as knowingly supplying the insurance company with false information could void the policy.

Other easy way’s to save money include the following; parking your vehicle off the road (in a locked garage if possible), fitting an alarm or immobiliser if you don’t already have one (if your insurer does not list you as having one and this is incorrect be sure to inform them). Believe it or not keeping your annual mileage low will save you money too.

Consider adding breakdown cover to the policy if offered by the insurer, this could save you lot’s of money in the long run and is usually quite cost effective considering the peace of mind it delivers.

If purchasing a used car vehicle checks can save you a lot of money as they will show if the mileage is genuine and whether the vehicle has been in an accident or stolen/damaged. Finding this out at a later date could prove very costly as your vehicle may be considered unroadworthy.

Above all allow yourself plenty of time (usually a couple of weeks before your cover expires) to search for a new policy and you should have a pleasant surprise when you compare it with your renewal quote.

Chris Rowlands is a UK based author with experience within the financial sector centering on insurances.

Posted by on October 11th, 2010 No Comments

Car Insurance For Young First Time Drivers-Cheap Car Insurance For Young Drivers – A Few Tips to Help You Save a Few Bucks on Auto Insurance

Cheap Car Insurance For Young Drivers – A Few Tips to Help You Save a Few Bucks on Auto Insurance

Finding cheap car insurance for young drivers has never been so easy and fast (if you know a few money saving tips). A younger driver looking for a auto insurance might find that premium rates are significantly higher than expected initially. This is because giving insurance to a young adults poses some risks in the sense that the driver might not be experienced enough, making them more prone to accidents.

Typically someone under 25 years of age is classified as a “younger driver. ” When you are not dependent on your parents for your financial needs and especially when you are young, every extra amount that you pay counts. However there are some tips which can help in reducing this premium and at the same time add more value to your car. The safety features of the car can greatly help in reducing the premium.

Tips for Getting Cheap Car Insurance For Young Drivers: Its good to purchase a car with anti-lock brakes etc. because the insurance company looks at these things when preparing the quote. Another important thing that you need to keep in mind is regarding your credit-history. A bad credit history can screw up your plans of getting a lower premium rate.

But most importantly make sure that you driver properly and don’t have a history of accidents. A bad driving history will most likely push up the premium you pay. By following these simple and yet effective steps you can greatly increase the chances of finding cheap car insurance for young drivers. And before you decide to get insurance from a particular insurance company, get quotes from multiple sources (you can find quite a few simple by searching online). This way you can get the best deal on your insurance policy.

Want to learn more about getting cheap car insurance for young drivers?

Visit Cheap Car Insurance For Young Drivers to learn how to get the best (and cheapest) car insurance for young people and teenagers. Knowing just one of these tips can save you thousands of dollars in insurance premiums each year!

Posted by on October 4th, 2010 No Comments

Cheap Car Insurance Under 25-Your Tips to Cheap Car Insurance for Teens

Your Tips to Cheap Car Insurance for Teens

Most teens looking into car insurance may be finding that the rates for car insurance for teens can be quite high. However, despite the rates being generally higher, it is still possible to find cheap car insurance for teens- you just have to know where to look.

Car insurance for teens is designed to protect teenage drivers specifically. It differs from other insurance policies only in the fact that it usually has a higher interest rate. So just why is this?

Teenage drivers are inexperienced. They may have passed their test, but they are still new to driving. To an insurer this means that the likelihood of them having an accident is quite high. Now you could argue that anybody no matter what their age who just passes their driving test is a liability. However statistically that is not the case and that is what insurers look at.

Teenage drivers are twice as likely to have an accident within their first year of driving, than a driver over the age of 25. There are a number of reasons for this. The main one is that teenagers do tend to drive faster and are a little more recklessly. Passing your test gives you freedom and it can be exciting driving along as fast as possible whilst listening to the car stereo. Not all teenage drivers will do this, but statistically that is what insurers find. So because teenagers are statistically more likely to have an accident, teen car insurance is often fairly expensive.

What You Can Do To Get Cheap Car Insurance for Teens?

Apart from higher rates, you still have the same options as any other driver when it comes to car insurance policy. You can choose to take out basic third party insurance, or you could add additional extras if you would prefer. For example, would you like to be protected in case your car gets stolen? You may automatically assume that this protection is included in your car insurance policy. However a lot of the time it isn’t and you will need to read through your terms and conditions to see what is actually included in your policy.

There are some things that you can do to get cheap teen car insurance and that includes purchasing an older car. Your first car should never be anything too fancy or sporty; otherwise you will have to pay a fortune on insurance. So choose a sensible car until you can build up a no claims bonus. Then once you have been driving for a while, purchase a newer car and your insurance will not be through the roof.

Overall car insurance for teens can be expensive. If you look around however you should be able to find a few good deals to suit you. Remember that there are things that you can do to lower your insurance quote too. So even if you are a teenager, you can make certain changes that will lower your insurance rate.

If you are looking for Cheap Car Insurance For Teens a visit to http://carinsuranceukcheap.info will avail you all the information you want to get good deals.

Posted by on September 21st, 2010 No Comments

Car Insurance Under 25-Under 25 and Looking for Car Insurance? Young Drivers Hints and Tips

Under 25 and Looking for Car Insurance? Young Drivers Hints and Tips

As soon as you pass your driving test and get your first car it is essential that you get car insurance to cover you should you have an accident or your car gets damaged. It is very exciting to be able to drive and all young drivers can’t wait to get on the road. Unfortunately when it comes to car insurance young drivers tend to be heavily penalised due to their inexperience behind the wheel. This means that anyone who is looking for car insurance for new drivers needs to be aware that they could wind up paying a costly premium.

If you are under 25 and are looking for a way to get your vehicle insured but save money at the same time there are a few ways to do this. It is possible to get cheap car insurance for young drivers, you just need to know how to do this. Here are a few hints and tips on getting the car insurance young drivers are looking for.

• To start with make sure that you understand what each of the different insurance types mean. So take a look at what comprehensive, third party and third party fire & theft all include. Obviously comprehensive cover is the highest level of insurance that you can obtain, however it is also the most expensive. So if you are looking for cheap car insurance for under 25’s you might want to go for a lower level of cover.

• Make sure you get a wide range of car insurance quotes, young drivers don’t all have to pay the same premium after all. If you do this you will find that there can be quite a difference in the prices of the types of car insurance young drivers can take out.

• Some companies specialise in providing young driver car insurance so make sure that you check these out. You could find that the car insurance young drivers can secure is very attractive. So if you are getting quotes from various companies for your motor make sure you research this type of company.

• Perhaps you will be sharing a car with one of your parents or a sibling. If this is the case you might be in luck when it comes to the car insurance young drivers can have. As the person you are sharing the car with will have fully comprehensive auto cover you could opt for third party cover for your insurance. This is one way that car insurance under 25 years old can be worked.

• Whilst it might be expensive to begin with it is worth bearing in mind that over time car insurance young drivers need will decrease in price if they have no claims.

By taking note of these hints and tips on secure car insurance young drivers can try to get the best deal possible. Remember to shop around and get as many quotes as you can and then make your decision based on the information you have obtained.

Finding car insurance for young drivers can be difficult. Shopping around online is the fastest way to find young driver car insurance. Submitted by Samantha Stevens

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Posted by on August 12th, 2010 No Comments

Performance Car Insurance For Young Drivers-10 Tips About Car Insurance for Young Drivers

10 Tips About Car Insurance for Young Drivers

The statistics about teenage drivers aren’t good. According to the Insurance Institute for Highway Safety (IIHS), 16-year-olds get into accidents almost six times more often than drivers between the age of 30 and 59. No wonder car insurance premiums are so high for this age group.

However, not all car insurance companies take the same dim view of young drivers. And some discounts are available to help you cut costs. Remember, the higher the risk, the higher the cost of insurance premiums. Let this be your guiding principle as you shop for insurance.

Here are 10 suggestions to help lower premiums and keep your teenager’s license free of violations:

1. Help your teen learn the laws and follow them to the letter. By far, the best way to lower car insurance costs for teens is for them to keep their driving record clean. Make safe driving a family project. In some states, restrictions apply to new drivers. Parents should know what the laws are and insist that their sons and daughters follow them.

2. Set a good example. Do you break the speed limit and tailgate? Do you yell at other drivers when you’re behind the wheel? If you do these things, how can you expect your children to act differently? Start watching your own driving long before they get their license and you’ll have a much easier time convincing them to be safe drivers. Remember, actions speak louder than words.

3. Put your teenager on your policy. Rather than setting up an independent policy for your teen driver, put them on your auto insurance policy as an additional driver. In this way, all the discounts applied to your policies will be passed on to them.

4. Pay your teenager to get good grades. Here’s a creative tip — find out how much you save if your teenager gets a good grade point average and pass it on to them. Usually, having a 3.0 or higher GPA will reduce your car insurance premium by 10 percent. Figure out exactly how much this saves you and give that money to your teenager. This accomplishes two things. First, it provides a direct reward for academic performance. Secondly, it motivates them to continue getting good grades.

5. Enroll them in driver education courses. Discounts are available for teens who take recognized driving classes. But call your car insurance company to find out which schools are covered before paying big bucks.

6. Steer clear of sports cars. Don’t try to live vicariously through your teenager by giving them the hot car you couldn’t get in high school. Getting your teenager a safe car to drive, with the latest safety equipment, will lower your premiums. Not only will you save money on car insurance, but fast driving will be less of a temptation.

7. Get their support. Don’t assume that your teenager wants to vacuum clean your wallet. Ask them for help cutting costs and point out that you will share in the savings (see rule #4). Tell them how much car insurance costs and show them how this fits into the family budget. If nothing else, you will score points for treating them as adults.

8. Talk to your kids about drugs and alcohol. This is a tough subject to broach with teenagers, who think they have everything under control. But the consequences of saying nothing can be catastrophic. Take the time to lay down some guidelines in this important area.

9. Take traffic school to beat tickets. Once a ticket is on your teen’s license, it takes months to get the violation removed. Instead, encourage them to take traffic school if the judge allows it. A day spent thinking about the consequences of unsafe driving can bring rewards for years to come.

10. Ride with your teenager. Your teenager was a safe driver last year when he or she got a license. But what’s happened since then? Let your son or daughter take the wheel while you sit back and relax in the passenger seat. If you see them doing something that breaks rules or seems unsafe, point this out in a diplomatic way. If they are doing a good job driving, praise them for their efforts.

If you follow the above suggestions, you will find that you can make it through the teenage years safely — and without paying an arm and a leg for car insurance. It just takes cooperation and understanding from both sides of the generation gap.

Source: http://carinsuranceforyoungdriversquotes.com/

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Posted by on July 26th, 2010 No Comments