Saturday, August 18, 2012

How To Get Cheap Car Insurance For Young Driverscheap Car Insurance For Young Drivers Tips

Car accidents are the major cause of deaths in the United States, and the number of such accidents keeps on increasing every year. A large majority of these accidents involve young people, as they are known to have a propensity for driving recklessly. It is precisely for this reason, along with several others, that young drivers have a tough time getting insurance at cheap prices.

Rates for these drivers literally come at a premium, which in turn disappoints them badly. Having said that, it is very important for drivers to get insurance to protect themselves and their vehicles. Insurance is immensely useful, especially when your car is hit by an uninsured driver or damaged by inclement weather or fire. It is very possible to get cheap car insurance even as the competition among insurance companies continues to intensify.

The first thing young drivers must do is to educate themselves about car insurance itself. There are three kinds of car-related insurance - theft and fire, comprehensive and liability. Of the three, comprehensive is the most costly and is primarily used when financing a car. Those looking for a cheaper option can let it pass. Even a fire and theft policy, which is used in critical situations, is expensive although it is cheaper than comprehensive insurance. Therefore it is advisable to go for liability insurance under normal circumstances. Liability insurance, however, would cover the damage caused by you only.

Having a good credit rating is one of the best ways to lower insurance premium rates. Students, too, stand a chance of getting cheap car insurance by improving their grades. Those who get excellent grades may also be eligible for certain discounts. You also need to keep your driving record flawless in order to get cheap quotes. Make it a point not to get a speeding ticket or especially a DUI conviction. In this context, it might also be a good idea to enroll for advanced driving courses. Successful completion of such advanced courses would provide you with a platform to showcase your driving prowess and your commitment towards safe driving.

Another underrated method of obtaining cheap car insurance is to opt for older cars. While young drivers may not agree with this option, the fact is that the insurance premiums of brand new sports cars would be much higher than that of older cars. Parents can play a key role here by convincing their children not to be swayed by fancy cars and opt for older, but reliable models.

You can also browse the internet to seek car insurance quotes. There are an array of websites for this purpose. You can use such websites to improve your knowledge about the many different companies and their quotes. It is also important to ask plenty of questions and share your driving history when seeking quotes.

Cheap car insurance for young drivers tips :-

Being a young driver stinks! Even if you're the best driver in the world, you're going to find out that if you're under the age of 25, you're going to have to pay premium prices. You will find that there are some ways to save, if you want to save on your next policy. While it won't work with some, you will find that it may apply to you.

Here are some things that you can try out, when you want to find the cheapest insurance as a young driver.

Get a student discount: Many larger insurance companies today have student discounts. There will be some criteria that you will have to follow, in order to take advantage, and what you will find out most of the time that you will have to get good grades, as well as maintain a certain GPA. While you won't save a lot, you can save around 5-10%.

Get rid of options: If you have an older car, you will find that if you dump the deductible, as well as other parts of your insurance plan, this can lower your rate significantly. Now, before you do this, make sure that you know what you're doing. It's best to talk with an insurance agent to see what is best for you. If your car is worth less than $2,000 - $3,000, you will find that it would be silly to hold a $1,000 deductible.

Ask about discounts: Every company out there is different, and you will find that you may want to ask to see what they can do for you. What I would recommend is that you chat with 3-5 companies to see what they can do for you. You will find that all companies are going to vary, when it comes to auto insurance rates.

While being a young driver can be frustrating, you're going to find that you can find some good deals online, when you know how to search. Try out some of the tips above to see how much you can save.

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