| |
Save Money On Auto Insurance For Your Teen Son
Your son has just obtained his license and with that a newfound sense of freedom. Now you ask how to get cheap autoinsurance for my son ? Car insurances can vary dramatically inprice so read on to learn how to buy car insurance that isaffordable for your teen drivers.Because teens lack driving experience insurers consider them ahigh risk to insure and thus the premiums assigned are muchhigher than an adults insurance rates would be. There are a fewthings you can do to help reduce the rates you pay for your teendrivers.First you need to stress to them how important it is for them tokeep a clean driving record. That means driving safely - nospeeding tickets, no traffic violations, and no accidents. Overa period of time there safe driving will be rewarded with lowerpremiums. You can also reduce their rates by purchasing insurance with ahigher deductible. The higher the deductible is the lower thepremium is. If you are going to be purchasing a vehicle for your teen choosea vehicle that is built well with extra safety features, and donot choose a vehicle that falls into a sports class or higherrisk rating class. Be sure to check the class the vehicle fallsinto.The graduated licensing laws have come into effect in moststates in the USA and some provinces in Canada. The rules willvary from one location to another but the basic underlyingphilosophy is to restrict new drivers by limiting what theirlicense will allow them to do.They may be issued a full auto license such as a class 5 butthere is usually a letter designation behind it to indicate theyare a new driver. These new drivers have nighttime drivingrestrictions, vehicle occupant restrictions, and a 0 alcoholtolerance restriction to name just a few. They will also berequired to take an additional test after a specific period oftime to remove them from the new driver programmer.But you're still wondering where to get cheap auto insurance formy son? Teenage drivers can dramatically reduce the cost ofinsurance by purchasing a stand alone policy from an agency thatspecializes in providing teen insurance. A stand alone policymeans they are not added as an additional driver on yourinsurance but rather carry their own insurance. These insurance companies reduce their risk for insuring teensby placing certain concessions on the driving habits of them.They may require driving school, no driving after dark, orvarious other restrictions which allow them to keep the premiumslower for teen drivers.The statistics for teen drivers aren't good. A 16 year olddriver is 10 times more likely to get into an accident than anadult between the ages of 30 and 59, so you can see whyinsurance companies are hesitant to provide good rates.The best thing you can do for your teenager and his or herinsurance rates is to teach responsibility and make themaccountable. Make them earn your trust for the use of the car,and make them accountable to pay at least a portion of theirinsurance premiums. They can do this by working a part time jobwhich also breeds maturity, so it's a win-win all the way.You and your teenager are thrilled with the new found freedomfor both of you. So now you need to do your homework andresearch teen insurance rates so you can get them on the road.What are you waiting for?
|
|
