Car Insurance For Young Drivers
Reader’s Question:
Why is the insurance cost for young drivers so high? Is there something we can do about it?
Lewis
Denver, CO
There are many reasons why car insurance for young drivers is expensive. Study shows that the chance of a young driver getting killed in a crash is three times than a driver who is 25 to 60 years old. Not only that, the leading cause of children dying of ages 15 to 20 was and still car accidents. With that said, you can’t blame car insurance company from raising the insurance cost of young drivers.
Still, getting those expensive car insurance for young drivers to drop is still possible. Try to compare if which one will be cheaper, adding your teen on your policy or is it cheaper to buy a 2nd vehicle and insuring it under your teens name. You know why? Because in most cases, adding a teen in their parents insurance policy will jack up the insurance cost up to 95% that’s why I want you to try the two approach.
Inexpensive car insurance for young drivers can also be acquired if you’re a good student. But this doesn’t mean that the “A” student is much safer than those students who are getting “C” grades. Still, having a good grade can acquire you 10 to 25 percent discount because they think of them as more responsible and can also be seen as “future risk”.
Teen Driver With Learners Permit Insurance Rate Quote
Reader question:
My son just turned fifteen and is studying to get his learner permit. Do I have to add him to my policy when he gets it? Isn’t a teen driver insurance rate so much higher?
Gabby
Thanks for asking, Gabby.
Yes, you do have to add him, and yes, a teen driver insurance rate will be higher than the one you currently have. You gotta do what you gotta do, though, and if you do it right, then your teen driver insurance rate does not have to be exorbitant. Here are a few steps to follow when insuring your teen driver.
- Keep it in the family.
A teenager should not have his own car insurance policy, even if they have a job to pay the premium. While adding a teen driver insurance rate to your own policy may seem undesirable, it will come out cheaper than two separate policies. Your teen being on your policy will lower his risk rate, and give him cheaper rates. Not so great for you, but since you’ll probably be helping out with the payments, it’s best to have a lower total than one lower and one very high.
- Keep the grades up.
When your son starts driving, he can get a good teen driver insurance rate if he makes good grades in school. Make an ultimatum. Good grades, you drive; bad grades, you walk. You’re killing two birds with one stone, there.
- Keep looking.
Anytime you’re about to make a major change in your policy, you need to look at what other companies have to offer. Your teen driver insurance rate from one company may be much better than the teen driver insurance rate you have with the company you already own a policy with, because at your current company teens might file more claims.
- Keep it crash worthy.
If you buy the right car, not only can you get a discount on your teen driver insurance rate, but you can also be sure that your teen is more protected while on the road.
- Keep it safe.
Don’t just buy your teen the car and let him loose. Make sure that he understands driving safety, and enroll him in a driving course or two to enforce that understanding. Keep on top of his driving habits and correct him when he is out of line. If he ever wants to get a cheap teen driver insurance rate, then he needs to start his good driving record ASAP.
- Keep it real.
You can’t just tell your son to drive safe, you have to lead by example. Drive well, follow the laws, and try to drive a safe car to show him what should be done. Point out how you drive to him, and use it as a conversation starter on driving safety.
- Keep it innovative.
Many states have adopted a graduated driver’s license program which restricts teen’s driving priveleges while they are younger, and as they get older allows them more freedom, until they reach the age of eighteen. Even if your state does not have this law, you can ensure driver safety by creating a system of your own just for you and your son.
Cheers,
Fashun Guadarrama.
Teen Drunk Driver Car Insurance
This is a terrible (and I mean emotionally terrible, not badly made terrible) video that was filmed by a couple of high school students and their teacher about a teen drunk driver. If you don’t have the time to devote to watching the film, in the end the seventeen year old teen drunk driver survives with injuries, while the classmates that were involved in the crash but were sober die. It is a story of guilt that a lot of drunk drivers go through, and the problem is that most people who drive drunk are not malicious at all, but their stupidity can cause such horrible results.
A teen drunk driver is less likely than an adult to consider the consequences of his or her actions, which is why drunk driving is higher among teenagers, despite it being illegal for them to drink. When I was in high school, it was simply something that people did, and most drove while drunk because they were scared of what will happen if their parents found out they were drinking. While I don’t think a parent should accept that their teen is drinking, I think at times you must sacrifice discipline for safety. For the sake of your teen, make sure that they know that if they are ever drunk and need a sober ride, they can call you and you will be there for them.
However, you should also take measures to make sure that that never happens in the first place. One way is by educating your teen about the statistic involving teen drunk driver deaths. For example, the main way that teenagers die in the United States is through car accidents, usually caused by themselves. Thirteen percent of the car accidents involving a death are caused by drunk drivers, and forty percent of the time that is a teen drunk driver.
Nobody wants their teen to drink, but it is almost unavoidable, statistically. According to research, ten percent of 12 to 13 year olds partake in alcohol once a month or more. Just think of how much that increases by the time they get their license.
I would say that the best way of making sure that your teen does not become a teen drunk driver is by instituting your own graduated licensing program if your state does not have one. Either require that your teen have you or another trusted person with them when they go driving, or don’t let them drive at all. Give them more driving privileges as they grow older and become more responsible.
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