Someone you care about is about to reach driving age, so you are concerned about the cost for you to insure him or her. You don’t have to experience sticker shock! You can save money on your young driver’s auto insurance policy by being eligible for certain discounts and paying attention to the rules insurance carriers suggest to keep your payments low.
Learning The Right Driving Habits Now
Studies have proven that younger drivers have the highest accident ratio of any age range of drivers. According to experts, drivers under 25 years old are four times as likely as older drivers to die due to a wreck, and traffic accidents are the overall top cause of death for American teenagers.
Many driver’s education courses have been eliminated from high school budgets, leaving the job of teaching young people to drive in the busy hands of their parents. However, some states demand that teenagers take a certified driver’s education class in order to get their driver’s license at 16, or be forced to wait until age 18.
These classes are important because they offer teenage drivers a foundation of excellent driving habits and also reduce their auto insurance premium by up to 15%.
The Rules of the Road
Due to the rising number of wrecks involving teens, many states have implemented innovative laws to help lower these numbers and offer information for young drivers’ safety.
A few states enforce graduated driver’s licensing laws that differ from one state to another, but typically include:
* Mandatory completion of driver’s ed
* Predetermined learner’s permit or intermediate license necessities
* Minimum number of necessary hours with adult supervision when driving
* If the event of a traffic accident or ticket, requirement of additional training
* Suspension of driving privileges in case of a traffic accident
* Restricted nighttime driving
* Passenger limits
* Strict drunk driving punishments
* Requirements to obey laws pertaining to adult drivers, like those requiring seat belts, rules about using a cellular phone, and so on.
Some insurance carriers also suggest presenting your teen driver with your set of rules to follow in order to keep their driving privileges. Although there may be no specific passenger restrictions in your area, insist on this. Research has effectively proven that distractions like friends talking, using cellular phones, and listening to music have played a part in teen car accidents. Instituting curfews while also limiting their weekend night driving will create boundaries for a young motorist and keep them off the road during higher-risk times of the day.
Good Grades Plus Clear Driving History Equals Better Rates
We all know that a good GPA benefits your teenager’s college aspirations, but many do not realize that it can save them money on auto insurance premiums. Most insurance carriers offer discounts for those with high grades, lowering insurance rates by 10-20%.
The longer your teen maintains a clean driving history the longer you can keep their auto insurance costs low. Some insurance companies will lower the premium cost and/or deductible cost for every year that your teenager drives safely and free from accidents, tickets, and/or claims.
Choose A Vehicle With Caution
As with adult auto insurance policies, the cost of a young motorist’s insurance will be influenced by the make and/or model of their car.
Deciding to purchase a sensible vehicle with a higher safety rating over a sports vehicle will offer your teenager a dependable means of transportation and contribute to a more reasonably priced insurance rate. Purchasing a certified used car instead of a brand new model will also be of help.
Remember to shop and compare auto insurance policies in order to locate the best rate. If you and your household’s driving records are clear, it could be a great chance to find an affordable policy for every driver in the household. However, if your driving history is not clear, or you drive an expensive vehicle with high premiums, you could decide to purchase an independent policy for your new driver.
The answer to finding the best insurance policy for your teen driver is to ask for quotes from as many companies as possible. Get your free Memphis auto insurance quotes for teenagers from us now!
Learning The Right Driving Habits Now
Studies have proven that younger drivers have the highest accident ratio of any age range of drivers. According to experts, drivers under 25 years old are four times as likely as older drivers to die due to a wreck, and traffic accidents are the overall top cause of death for American teenagers.
Many driver’s education courses have been eliminated from high school budgets, leaving the job of teaching young people to drive in the busy hands of their parents. However, some states demand that teenagers take a certified driver’s education class in order to get their driver’s license at 16, or be forced to wait until age 18.
These classes are important because they offer teenage drivers a foundation of excellent driving habits and also reduce their auto insurance premium by up to 15%.
The Rules of the Road
Due to the rising number of wrecks involving teens, many states have implemented innovative laws to help lower these numbers and offer information for young drivers’ safety.
A few states enforce graduated driver’s licensing laws that differ from one state to another, but typically include:
* Mandatory completion of driver’s ed
* Predetermined learner’s permit or intermediate license necessities
* Minimum number of necessary hours with adult supervision when driving
* If the event of a traffic accident or ticket, requirement of additional training
* Suspension of driving privileges in case of a traffic accident
* Restricted nighttime driving
* Passenger limits
* Strict drunk driving punishments
* Requirements to obey laws pertaining to adult drivers, like those requiring seat belts, rules about using a cellular phone, and so on.
Some insurance carriers also suggest presenting your teen driver with your set of rules to follow in order to keep their driving privileges. Although there may be no specific passenger restrictions in your area, insist on this. Research has effectively proven that distractions like friends talking, using cellular phones, and listening to music have played a part in teen car accidents. Instituting curfews while also limiting their weekend night driving will create boundaries for a young motorist and keep them off the road during higher-risk times of the day.
Good Grades Plus Clear Driving History Equals Better Rates
We all know that a good GPA benefits your teenager’s college aspirations, but many do not realize that it can save them money on auto insurance premiums. Most insurance carriers offer discounts for those with high grades, lowering insurance rates by 10-20%.
The longer your teen maintains a clean driving history the longer you can keep their auto insurance costs low. Some insurance companies will lower the premium cost and/or deductible cost for every year that your teenager drives safely and free from accidents, tickets, and/or claims.
Choose A Vehicle With Caution
As with adult auto insurance policies, the cost of a young motorist’s insurance will be influenced by the make and/or model of their car.
Deciding to purchase a sensible vehicle with a higher safety rating over a sports vehicle will offer your teenager a dependable means of transportation and contribute to a more reasonably priced insurance rate. Purchasing a certified used car instead of a brand new model will also be of help.
Remember to shop and compare auto insurance policies in order to locate the best rate. If you and your household’s driving records are clear, it could be a great chance to find an affordable policy for every driver in the household. However, if your driving history is not clear, or you drive an expensive vehicle with high premiums, you could decide to purchase an independent policy for your new driver.
The answer to finding the best insurance policy for your teen driver is to ask for quotes from as many companies as possible. Get your free Memphis auto insurance quotes for teenagers from us now!
