Car insurance for young drivers
A new driver doesn’t have a driving record, therefore insurance is extremely expensive. Insurance companies don’t like to pay out and statistically new drivers are involved in more traffic violations and accidents. Adding a young driver to your existing policy will usually double your premiums. A few things can be done to lower your rates when shopping for car insurance for a young girl driver.
Girl vs Boy
Adding a girl to your insurance policy will be cheaper, not by a lot, but cheaper none the less. Statistically, boys drive faster, take more risks and are more likely to be involved in an accident. Or, at the very least, more likely to get ticketed for speeding. Thus, insurance companies consider young male drivers a higher risk than females the same age.
Defensive Driving Course
A defensive driving course is one of the best ways to reduce premiums for new drivers. If you plan on adding a young male to your policy, a defensive driving course is strongly recommended. These courses are reasonably inexpensive and only take about one day. In some states you can actually take a defensive driving course on the Internet! That is the easiest and most convenient way to get lower insurance premiums. A passing score can reduce your policy premiums by about 10-15%.
Good Grades
You are always after your teen to get better grades. Adding the incentive of lower premiums might give them the extra drive to study harder! Most insurance companies offer a good student discount to young drivers. To qualify, the program usually requires a B average or better. You will have to provide proof of grades, such as copies of report cards, or a note from your principal. Good grades demonstrate maturity and a responsible attitude. A good student discount usually ranges between 10-20%.
Old Car
Your teen my winch and whine about the old clunker you just bought for them, but there is logic behind your decision. Not only are repairs cheaper, insurance premiums are cheaper, as well. Which relates directly to the fact that repairs are cheaper! High end, luxury cars are more expensive to insure no matter who is driving. But, if the driver happens to be a young male