Cheap Car Insurance For Young Drivers

Reader’s Question:

Where can you get cheap car insurance for new driver in Oklahoma City?

Alexander

Oklahoma City OK

I’ll tell you right now, it is difficult to get cheap car insurance for new driver in Oklahoma City and any other state. For one, the company has no record of your driving history. If you’re a young driver, around 25 years or less, insurance companies will consider you as high risk. Not only because you are a new driver but young drivers are typically considered as having higher risks than adult drivers. There are ways however of lowering the rates if you find them to expensive.

One, if the new driver is a student then that person can avail of a student discount. If he has good grades then all the more that you should go for a discount. Aside from discounts, a young driver should also consider the many different types of insurance in the market. Being an additional driver in an adult’s existing insurance policy can help. This will mean an additional cost to their premium which is cheaper than getting a new insurance altogether. The only catch to this is that they have to drive the same car.

If you’re a young driver and you drive your own car, then you have no choice but to get your own insurance policy. To be sure that you will get a cheap car insurance for new driver, ask your state insurance department what the minimum is. Stick to this amount for the meantime. It’s the best you can do for now.

Aside from the amount, also ask what the minimum coverage requirement is. Different states have different requirements. I advise you though to include uninsured motorist bodily injury. This will enable to get coverage when you suffer an accident caused by an uninsured motorist. Having a higher deductible can also lower your premiums but I will advise against this for the moment.

There are many ways to cheap car insurance for new driver in Oklahoma City. All it takes is a little patience.

Reader’s Question:

I’m 22 years old and a college dropout. I know that car insurance companies consider drivers below 25 years old as high risk. But is there any way I can get cheap car insurance for young drivers like me?

Amanda

You’re right, Amanda: people who are below 25 years old are often considered high risk drivers based on the notion that they are less experienced when it comes to driving. But many car insurance companies can sell cheap car insurance for young drivers based on the following:

1. Location. Normally, a car registered in the city and is driven in urban areas have high insurance premiums for the reason that a city/urban area has higher rate of vehicular accidents. Ergo, lower premiums for those who drive in less congested streets.
2. Driving record. If a young driver has an impressive driving history, which means no speeding tickets, DWI or DUI violations and accident free, a car insurance company is likely to give a discount.
3. Kind of vehicle. The equation is simple: the more expensive a car, the more expensive the premiums will be.
4. Coverage. Again, it’s a simple equation. The more coverage a car insurance has, the more money will be spent. It’s like shopping in a department store. The more you buy, the more you pay for.
5. Gender of the insured. Often, car insurance companies give female drivers discounted rates because they believe females are more cautious on the road as compared to their males.

So, Amanda, based on the above mentioned, can you expect that you’ll get a cheap car insurance for young drivers like you? I suggest that you search the web for the best possible options. Most, if not all, insurance companies offer free quotes online. And when you’ve found the best car insurance company you feel that can suit your needs, be honest with your driving record!

Reader’s Question:

Can you give me some tips on how to find cheap insurance for young drivers? I might get my own car this summer, but I want to make sure first that I can afford the insurance.

Leigh

Aurora, IL

There are actually different ways of getting cheap insurance for young drivers. You could try doing one of the following to make sure that your insurance policy premium goes down:

• Thorough shopping. Since car insurance companies often vary their rates, it would be best if you check each one of them to make sure that you’re getting the best rate offered in the market. I’m sure there are more than 20 companies that you need to check, so to make the work easier, try searching each one of them online. Most companies now have their own websites where they post current updates about the products they offer and give free quote service to their customers.
• Buy a safe car. Look for a car that has lots of safety features. This would definitely help in convincing the insurance company to give you a lower rate. You could check an auto dealer about the type of cars that are safe to drive to have an idea on what car you should choose.
• Request for Student Discount. If you are a full time student and you maintain good grades, you could apply for a student discount. Some companies offer this type of discount to those students who have a B grade point average. This GPA may change per company so make sure that you clarify this with the insurance agent.
• Enroll in Driving Program. Some companies acknowledge those who take defensive driving programs because they believe that those who finish this course have lesser chances of getting into accidents. Thus, drivers who finish this type of program get relatively lower rates than those who did not take it.

Reader’s Question:

What is the best way to get the cheapest car insurance for young drivers?

Serena

Hartford, CT

Serena, frankly, for most people, the existence of the cheapest car insurance for young drivers sounds more like a myth. It is common knowledge in the car insurance community that it does not cost cheap to insure young drivers. Hence, the cheapest car insurance for young drivers that you would find would still cost quite expensive. However, it does not mean that you should lose all hope.

Here are some steps you could follow in order to stretch what you have for your budget on car insurance for young drivers:

The first step you can take is to try to look for a reasonably priced car insurance policy for young drivers, and then try to subtract some amount by availing of discounts.

You could make sure that your young driver gets excellent grades in school so that you could get god student discounts. Also, enrolling him or her in a driving course, basic or defensive, that is available in your area may help in cutting some costs. Finishing a driving course would make car insurance companies think that driving is no small business for you and your young driver.

Then, if you have not yet bought a car, it would be better if you buy a used car instead of a brand-new one. Older cars are cheaper to insure. Also, you might want to add safety features to your car. Remember that the safer the car is, the cheaper it is to insure.

If these steps are not yet enough for you, just keep searching for more information here on the Internet. I am sure you will find answers that could help you in finding the cheapest car insurance for young drivers.

Reader’s Question:

I’m a young driver here in New York and I’ll be buying my first car soon. If I purchased my car in lets say on the 21st, will I be given a grace period for me to get auto insurance for that vehicle? Also, where can I get cheap young driver insurance in New York?

George

Bronx, NY

Hello George! Congratulations on your new car!

Going back to your question, I am not aware of any auto insurance grace period being given in any states or much more here in New York. From what I know, for you to register your vehicle and also get license plates here, you need to purchase auto insurance from a licensed car insurance company in New York or choose to get an acceptable form of meeting the NY financial responsibility laws.

If you intend to buy a vehicle from an auto dealer here, the common practice would be that dealer will help you in obtaining registration for you new car from the New York Department of Motor Vehicles (DMV). The auto dealer will also submit the vehicle registration and the application for title certificate on your behalf to NY DMV.

Meanwhile, according to the NY DMV, any vehicles registered in the state of New York must have liability insurance. This insurance should meet the minimum required limits of:

• $25,000 up to 50,000 for injury,
• $50,000 up to 100,000 for death,
• $10,000 for property damage

Since you cannot register a car without auto insurance then that also means you cannot drive an unregistered car. Hence, there’s no such thing as auto insurance grace period here.

Since you’ve mentioned that you are looking for cheap young driver insurance in New York, you can check different websites that give free online car insurance quotes. You can start checking this website to see if you can get an offer for cheap young driver insurance in New York.

Reader’s Question:

Before I buy my son car insurance, what do I need to know about car insurance for young drivers?

Richard

Cicero, IL

Having car insurance is one way of protecting your son as he drive around. It is essential that you purchase him a car insurance policy as soon as he is able to legally drive a car. But before that, there are some things that you need to know about car insurance for young drivers to ensure that you both understand the importance of car insurance.

According to recent surveys, about 5,500 teenagers have died in car crashes and their ages are between the age of 14 and 19. It was also documented that almost 63% of deaths from car accidents were teenagers who were passengers in cars driven by a teenage driver. According to this report, 55% of car accidents have occurred during the weekends starting on Friday to Sunday. One reason behind this is that most teenagers go out to have fun during these mentioned days. So it is better to talk about drinking and driving with your son to prevent this from happening. I’m sure you don’t want your son to be part of the 28% of teenage deaths related to alcohol intoxication and driving. And remember to always remind your son to wear a seatbelt because it really does help for it reduces risks of fatality or serious injuries by almost 50%.

Due to the above mentioned statistics, car insurance for young drivers can be very expensive. Since many car accidents have been associated with teenage drivers, most car insurance companies need to raise their car insurance rates to meet the costs of repairs and damages as well as expenses for injured persons. Insurance companies also look into the driver’s driving experience in determining their premiums, so it is more likely that teenagers will have higher rates due to their lack of driving experience.

But don’t worry, you can save some money for your son’s car insurance policy by adding more safety features to his car like airbags, seatbelts and other security devices. You can also enroll your son in a driving school to improve and develop his driving skills. Remember to talk to your son about this matter, guide and educate him about safe driving and most importantly, set a good example for your son.

Reader’s Question:

The car insurance quotes for young drivers that I get when I go online and when I ask car insurance companies have very expensive amounts. Why is this so? And does this mean that there is now way my daughter could be insured for a low price?

Jack

Minneapolis, MN

It is but normal for you to get high car insurance quotes for young drivers. This is because car insurance companies are not going to be lenient on insuring high-risk drivers for a low price. If you are going to look at the figures gathered yearly to see which age group has the highest involvement in traffic accidents, you would be enlightened. Young drivers get into accidents most frequently because, well, first, they are just beginners and also because correct conduct on the road is not something that is already deeply embedded in them. Car insurance companies balance out the risk of insuring high-risk drivers by giving them higher premiums than the standard car insurance policies.

But you should not lose hope. The car insurance quotes for young drivers that you receive are just initial approximation of the price that you might be required to pay. This means that it can still change. And the good news is there are things you can do to make sure that you get lower prices the next time you get car insurance quotes for drivers.

I advise you to make sure that your daughter excels in school. Good grades make her eligible to some good student discounts. This, added to the discounts that she could get for finishing driving courses would surely help in cutting some substantial amount from her car insurance premium. An older vehicle which is less attractive to thieves and is loaded with safety features would cut you some costs, as well.

Now, if you follow these simple pointers, I tell you that you would receive lower quotes the next time you get car insurance quotes for young drivers.

Reader’s Question:

What are the ways to turn young driver car insurance from financial ruin to low-priced full protection?

Kelly

Louisville, KY

Well, you got that right when you said that young driver car insurance poses impending financial ruin to any household. Okay, you are exaggerating, but come on, it is true that young driver car insurance is one of the most expensive in the market. So, if it is possible, how do we get around this fact of life in order to cut some costs?

Just follow these three instructions:

• First, you could make sure that the young driver gets good grades in school. You see, the real reason behind the high price of young driver car insurance is that this is car insurance companies’ attempt at balancing out the financial risks of insuring high-risk drivers. And yes, young drivers are high-risk drivers according to statistics. Now, if the young driver can be responsible enough to be a student and get good grades in school, it makes car insurance companies think that they have got here, not a potential risk driver, but a responsible driver instead. You will get good student discounts then.
• Next step is to enroll the young driver in any driving courses available in high schools or private institutions in your local area. You will get discounts because the companies would think that the young driver takes driving seriously. Driving courses enhance the driver’s skills as well as his knowledge of traffic rules and regulations.
• Third is to buy an older vehicle and load it with lots of safety features that would insure optimal protection to the passengers and the driver. Safety means fewer injuries during an accident, which then means less amount to be paid for medical attention.

I hope these magic three tips could help you find cheap young driver car insurance which at the same time has an excellent coverage plan.