Inexperienced drivers and those in their teens are among the most expensive to insure. Carriers view these drivers as high-risk and charge sky-high rates accordingly. Fortunately, there are ways to find very cheap car insurance for young drivers and teenagers and we will show you how.
The first step is comparing rate quotes from several different insurance companies. Each insurer views young drivers and teens differently, so doing a little bit of research can save you hundreds of dollars on your premium. To easily compare rates you just need to type your zip code into the form above and we will connect you to top-notch discount insurers in your area.
Some insurers will offer lower rates for older teenagers who have been driving for a period of years and demonstrate a safe driving record. This discount is usually available to drivers 19 or older and not all insurance companies offer it, so be sure to ask if this rate cut is available.
Many carriers will offer very cheap car insurance for young drivers and teenagers who maintain a high grade point average at school. Good grades often indicate a responsible, lower risk driver. Some insurers look for almost all “a”s on a report card while other will accept a “B” grade or higher. The policyholder will need to send the insurer proof in the form of a copy of the official report card. Again, not all insurance companies offer this rate break, so you’ll have to inquire.
As a parent, carefully consider what are you buy for your teenager. No matter how safe your teen may be, you will never get a good rate if you buy them a sports car, especially if they happen to be male. For a better chance at getting very cheap car insurance for young drivers and teenagers, opt for less flashy models like a Buick LeSabre. Sure, your young one won’t like it much, but it will save you money and probably keep them safer. A great resource for finding an affordable car for your teenager to drive is the Highway Loss Data Institute which keeps tabs on which makes and models are most prone to accidents and theft.
Another good way to obtain very cheap car insurance for young drivers or teenagers is setting limits on the use of your car. Setting a curfew of, say, 6 pm, will keep your teen off the road at night when more accidents are likely to occur. Some insurance companies will provide lower rates if you limit your car use, so check on this when getting quotes.
While you’re at it, teaching your young driver the proper rules of the road (and obeying them yourself!) will set a good foundation for safe driving. Don’t allow your teenager to use a cell phone while driving. Make sure they always buckle up, obey the speed limit, and use proper turn signals. The more a young driver is focused on the road, the less likely they will be to get into an accident.
To make sure you are getting the best rate possible, spend a little time comparing quotes from local companies. You will be amazed at how different each rate will be for the same policy. Using our instant form above you will be connected to great local insurers, so get started now.