5 Tips to Cut Costs on Car Insurance for Teenagers

You will face a number of issues when you are going to buy cheap car insurance for 17 year olds. Since most providers consider teenagers to be high risk, you will need to do a lot of research before you get cheap car insurance for 17 year olds.

When you start looking for cheap car insurance for teenagers you will run into some interesting issues that will affect the cost of premiums.  The majority of insurers think, thanks to years of statistics, that teenagers are high risk drivers.  In order to find a lower cost for insurance you’ll need to do some research.  Here are some factors included in why teenagers are considered high risk:

• High Accident Rate – the majority of accidents are caused by young drivers.  You may think that it’s got to do solely with inexperience, but it is a fact that even new drivers that are older don’t get into as many accidents.
• Irresponsible Behavior – teenagers are usually considered very irresponsible.  This carefree attitude tends to lead to careless driving practices.
• Flashy Cars – teenagers often have an interest in flashier cars they can find.  The issue with these vehicles is that they are usually faster, less safely built, and more prone to theft.  An older driver will pay more for them as well, but a teenager will pay the most due to their automatic high risk rating to begin with.

Here are 5 things you can do to lower costs:

• Security – ensure your teenager is driving a sensible vehicle for their experience level.  A car with a high safety rating will be a better choice and if it has a car alarm, steering locks, and/or anti-lock brakes then the cost will come down some.
• Sensible Cars – a teenager’s car should be within his experience range.  A teenager will get lower insurance by driving a car he can handle without specialize training.  This means a Prius or a Focus rather than a Charger or a Ferrari.
• Driving Record – each year a teenager drives with no traffic violations, DUIs/DWIs, accidents, and so on the lower his insurance rates will be.  Every violation of the law will make your premiums go higher.
• Parents’ Policies – if your teenager lives at home still then you can usually add him to your car insurance policy as an additional driver.  When you place a teenager on your policy you will get discounts because you have multiple cars insured with the same company.
• Driver Training – this can significantly lower the cost of car insurance for a teenager.  If a teenager can pass a driving class (especially a defensive driving class) he will get a discount on his policy because the insurers will know they are better able to handle driving responsibility.