CHEAP CAR
INSURANCE

Cheap Teen Car Insurance

Cheap teen car insurance is something that all teenage drivers will want. After all, why use up your entire savings on insuring your car? When you compare cheap teen auto insurance online you can find cheap prices on policies ranging from basic to full coverage. In addition to comparing cheap teen car insurance online, you can benefit from cheap prices by familiarizing yourself with the various teenager driving discounts out there and taking the necessary steps and precautions to get cheap deals on your vehicle coverage.

New Driver Insurance Rates

The harsh reality is that teen drivers can expect the highest rates out there. While the national average for car insurance weighs in at around $1500 to $1600, teen drivers can expect to pay much higher than this[1]. In fact, for some, they may be looking at triple the amount for coverage. This is not because the providers hate teenagers. It is simply because teen drivers are new to the road and thus pose a high risk for accidents and claims. Furthermore, statistically speaking, young drivers like teenagers are also more likely to be in an auto accident than any other age group.

The worst part about finding car insurance for teenage drivers is that teen drivers are the ones that need a discount the most. After all, most teenagers are still living at home and attending school. Some are working part time but most do not have a steady or a reliable income coming in. Many are saving for college or to purchase their own car one day and thus do not have a lot to spend on their car insurance. And so many teens will try to lower their policy as much as possible by opting for basic coverage only. This is where a vehicle insurance search is most beneficial.

In some instances there is nothing wrong with only insuring under a basic minimum policy. It is usually a cheap way to insure your vehicle – however, you will be paying for what you get, or, in this case, what you don’t get. Basic coverage consists of liability coverage in most states which will pay for the costs to the other driver if you are found at fault for the accident but will not pay for any damages to your own vehicle. Full coverage, on the other hand, will pay for any damages to your car even if you are to blame for the accident. Furthermore, full coverage will also cover the costs if you are seriously injured in the accident or if the damage is due to a theft, vandalism, storm or other third party incident.

Cheap Teen Driver Insurance Quotes

Rather than risk your financial future every time you get into your car, there are a few easy ways for teenagers to get cheap teen car insurance. First and foremost, improve your safety rating as much as possible. If you are insuring an older car, get it serviced regularly, invest in anti theft and safety devices and consider new tires to keep it as safe as possible. You can also improve your own safety record by taking a driver’s education course which can lower your rate and improve your risk level.

The fastest way to cheap teen vehicle insurance is to prove yourself on the road. If you remain claim and accident free for three years, you will see your prices lowered by 20 percent. By the time you turn 21, these quotes will be even lower! Although you may have to suck it up and pay higher rates for a short time, the safer you remain on the road, the quicker your rates will drop.

Teen Driver Cheap Discounts

There are a few tricks of the trade to get cheap teen car insurance right away. One trick is to remain on your parent’s policy for a little longer. If you do not need to insure your own vehicle, then ask Mom and Dad to name you as an occasional driver on their least expensive car. Because they have a number of years experience driving, their insurance premium should be much lower than yours. After a few years on the road and on their policy, you will be able to get cheap teen car insurance when you apply for your own policy.

Another trick to get cheap teen automobile insurance is to apply for a good student discount offered through some providers. If you can maintain a 3.0 GPA then you could be eligible. Not all providers will offer this discount, which could save you up to 15 percent so be sure to compare your options when searching for the best deals. Be sure to compare cheap teen car insurance quotes online to find the good student discounts and other discounts you could be eligible for.

[1] http://www.carinsurance.com/Average-Premiums.aspx 1/19/2011