How Much Is Car Insurance For A 16 Year Old Driver?

If you want to know how much is car insurance for a 16 year old because you want to get one for your son then obtain information by checking out different insurance companies. The rates vary because there are factors that affect the rates of policies for teens. The price of policy for young drivers is usually expensive and if you want to know the reasons why check below.

One of the reasons that make a policy for young drivers expensive is their age. Young drivers are sometimes reckless and most are still new drivers. There a lot of risks involved when one is a new driver because he or she is prone to committing road violations. If one is not careful they might end up being involved in a serious accident.

Another reason that makes policy for teens is the type of car they are driving. The model of the vehicle and its brand always affects the insurance rates. It is because the repair costs and the replacement parts are very expensive for some types of cars. If the vehicle model is a hybrid or is a luxury vehicle then the policy for such will be very expensive.

The third reason is the gender of the young driver. If the driver is male then he gets a slightly higher price of policy than women drivers. Men are reckless on the road and they always get park tickets and other violation penalties. If you want proof of such you can check statistics. Men are always the top violators of traffic law.

The fourth reason is the state where the young driver resides. For example, he is living in New York which is a big city. Urban areas have higher policy rates than rural areas. The reason for this is because the incidence of traffic violation and accidents in urban areas is high due to a number of factors. Such factors include: many vehicles, heavy traffic and overcrowded area.

The last reason is the minimum policy requirement required by the state where the driver resides. There are states that require policy with expensive coverage and this makes the rate of the insurance higher than the rest. It is very important that one will know what the law requires for young drivers so that one can canvass for the right premium with a reasonable price.

So, how much is car insurance for a 16 year old driver? You already have an idea now after reading the items above. Don't worry, you can get cheaper rates if you canvass well and your son can avail of discounts especially if he has good grades in school.