4 Tips in Shopping For Cheap Car Insurance For Young Drivers

Just because teens are generally deemed by most companies as reckless (they are four times more likely to get into an accident than older drivers) it doesn’t mean that you can’t find cheap car insurance for young drivers. It’s true that auto insurance costs as much as double for teens but fortunately, there are some ways on how you can save money for your teen’s safety.
1.) Shop Around- this is what most of us fail to do. We usually just decide on the first offer we come across with. Don’t jump into the assumption that your present insurer will provide you with the best rates for your son or daughter. Did you know that insurance rates for young drivers vary greatly from company to company? Consider at least three companies and make sure you ask about the discounts and benefits they can offer.
2.) Low-mileage discounts- if your teen only drives around town, his miles will be lower than average which means that you can take advantage of the discount. This is one thing you have to ask your agent if you want to get cheap car insurance for young drivers. You can get as much as 15% discount depending on miles driven.
3.) Up your Deductible- we all know that raising your deductible will lower your premium payments. You want to thoroughly think if the savings will be enough to cover the increased deductible if you or your teen ever encounters an accident. You can save from 15% to 35% depending on how much you up your deductible and the type of car you are driving.
4.) Good Grades- did you know that you can take advantage of cheap insurance for young drivers with good grades? Being smart in school has definitely some perks! Companies see these young drivers as more responsible and statistically, they present a lower claims risk. Discounts for maintaining good grades range from 10% to 25%.

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