Insurance Quotes For Young Drivers

Unfortunately, the other things you can do now to lower your insurance quotes for young drivers is somehow limited. For parents that do drive, you can add your teenager to your auto policies. Aside from being older and experienced drivers, parents get lower prices because they are married, own a house and have good credit history (hopefully). You can choose to add a new car onto your policy or to add a secondary driver (your son or daughter), depending on whether you are purchasing another car for their personal usage.

Either way, you get discounts on the additional coverage, although the latter option will still be obviously cheaper because the rates are computed based on the driving records of all named drivers in the family, so your clean driving records can offset the high risk profiles of the young and new drivers.

There are however situations when buying another car and policy for your teenager are the cheaper option. For example, if the parent drives a sporty Porsche Boxster or Corvette, the car insurance under 25 years old will be alarming high (reckless driver plus a show off car, get the drift?). Pairing a new driver with a slower, conservative Volvo station wagon which has a high crash rating may be better off. You can also get cheap car insurance for new drivers by driving a cheap and widely distributed domestic car. This means the repair costs are probably cheaper and less than $500 dollars for most minor damages or car problems. This $500 dollars is the typical deductible you can find on most cheap car insurance for young drivers.

For illustration, if you try to claim for damages that are only $400 dollars, your insurer will not pay you a cent. However, if the repair costs are $2000 dollars, you only need to pay the $500 deductible while the remaining $1500 will be settled by the insurer.

Even better, if you choose to drive an old car that is valued at around $500 (try the government police auctions), you can take out cheaper liability only policies. A liability car insurance covers you for damages caused by your driving to other people and their possessions.

Comprehensive policies on the other hand, cover you and your car as well. However, the comprehensive car insurance for young people under 25 years old can be pretty expensive and are avoided by most people unless they have an expensive car to protect.

The insurance quotes for young drivers can also be adjusted by choosing the appropriate policy deductible and maximum limits. You need to be careful with these because they are what you may have to pay in the event of a road accident caused by you. Generally, for safe drivers, we recommend choosing the highest deductible you can afford out of pocket.

We assume you are not likely to be the culprit behind any traffic accidents you are involved in, and hence can claim for damages on the other party's liability policy. The maximum limit is the amount your insurer will continue to pay throughout the coverage duration and anything above will be put on your tab. Cheap car insurance for new drivers can thus be gotten by increasing the deductible and lowering the maximum policy limits.

Finally, buying the policy direct through the insurer website such as from Tesco Car Insurance or Progress etc can be cheaper compared to doing so through an insurance agent. You need to pay commission for the latter route.