Monday, January 21, 2008

Cheap Car Insurance for your Teen Driver

Your teenager has just obtained their license and with that a new found sense of freedom. Now you ask yourself, how do I get cheap car insurance for my teen? Cheap Car insurance coverage can vary dramatically in price so read on to learn how to buy cheap car insurance that is affordable for your teen drivers.

Because teenagers lack driving experience, insurers consider them a high risk to insure and thus the premiums assigned are much higher than an adults insurance rates would be. You can expect a higher premium for your teen drivers for the first couple of years, until they establish their driving record. There are a few things you can do to help reduce the rates you pay for your teen drivers.

First you need to stress to them how important it is for them to keep a clean driving record. That means driving safely �" no speeding tickets, no traffic violations, and no accidents. Over a period of time there safe driving will be rewarded with lower premiums through the car insurance program.

You can also reduce their rates by purchasing car insurance with a higher deductible. The higher the deductible is the lower the premium is.

If you are going to be purchasing a vehicle for your teen, get a vehicle that is well built with safety features in mind. Just be sure to not choose a vehicle that falls into a sports class or higher risk rating class, such as four wheel drive vehicles. The car insurance premiums on these cars can be extremely high for a teen driver. Be sure to check the class the vehicle falls into before you buy.

The graduated licensing laws have come into effect in most states in the USA and some provinces in Canada. The rules will vary from one location to another but the basic underlying philosophy is to restrict new drivers by limiting what their license will allow them to do.

These new drivers have nighttime driving restrictions, vehicle occupant restrictions, and a zero alcohol tolerance restriction to name just a few. They will also be required to take an additional test after a specific period of time to remove them from the new driver program. Once they are removed from the program, your car insurance should be cheaper too. But you’re still wondering where to get cheap car insurance for my teen? Teenage drivers can dramatically reduce the cost of insurance by purchasing a stand alone policy from an agency that specializes in providing teen insurance. A stand alone policy means they are not added as an additional driver on your insurance but rather carry their own insurance.

These insurance companies reduce their risk for insuring teens by placing certain concessions on the driving habits of them. They may require driving school, no driving after dark, or various other restrictions which allow them to keep the premiums lower for teen drivers.

The best thing you can do for your teenager and his or her insurance rates is to teach responsibility and make them accountable. Make them earn your trust for the use of the car, and make them accountable to pay at least a portion of their car insurance premiums.

You and your teenager are thrilled with the new found freedom for both of you. So now you need to do your homework and research cheap teen car insurance rates so you can get them on the road. With a little patience and working together with your teen, you can both find the best and cheapest car insurance company and policy together.

Thanks for reading this article. For more great car insurance tips and ways to save money on your car insurance, visit http://www.carinsurancepolicys.com to save money on your car insurance today.

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