Teens pay the highest rates for carinsurance because of their inexperience. Still, some of the tips below can make a real difference for teens looking to cut carinsurance bills.
1. Make It Used
A used car is cheaper to repair and therefore cheaper to insure.
2. Do Not Buy for Looks
As much as your young driver may protest, get them a practical and safe car instead of a sports car or fancy import. Insurance is much higher on sports cars because of how expensive they are to repair. There is not much of a point in owning an expensive car if you cannot even afford to insure it. Plenty of models are easy on the eyes and the wallet. Look at the Independent Insurance Institute’s website for examples of cars that are safe, dependable and that your teen can love.
3. Assign to One Car
Tell your insurance agent that your teen drives just one of the family’s cars. It is possible to have them assigned to just that one car and only pay higher premiums on it, rather than on all the family’s vehicles. If you have a choice between a luxury and a practical car, pick the practical one.
4. Pass a Driving Course
Sign up for a driving course and bring in the stamped completion certificate to your insurance agent. They usually offer a discount.
5. Get Good Grades for Lower Rates
Insurance companies rewards student with good grades by offering lower rates. You will need to keep a B average or higher for these reduced premiums.
6. Get Added On
It is almost always cheaper to have parents as primary insurance carriers and to add on the teenager to their plan than it is to have them get their own insurance. The only time this is not the case is if both parents have bad driving records themselves and drive fancy, expensive cars.
7. Higher Deductibles Mean Better Rates
If you are confident that your teen is a safe driver, this can save you a lot up front. Raising a deductible will clear the insurance company of more responsibility in the event of a crash. They are often very willing to lower the cost of your insurance coverage, but you can lose a lot of cash if your teen gets into an accident.
8. Do Not Get Distracted
All statistics find that new teenage drivers are up to six times more likely to get into a collision than a 20 year old. To keep your insurance down you will have to be serious about not texting, talking on a cell phone or getting distracted by friends while driving.
9. Get Lots of Quotes
Many websites offer quote comparison. Make sure to actually check their competitors’ rates on their sites instead of just believing all quotes given. You would be surprised how much you can save when you compare auto insurance quotes from several companies.
The final tip: Every six months compare quotes again to make sure you are getting the best rates possible.
Oh, to top that, inside their loot bags they will also find other health and wellness products like a toothpaste to match the toothbrush and all others.. The dentist will love us, lol.. Seriously, this project by CDO Bloggers Inc is such a challenging and humbling experience… The kids there deserve all the help we can give them. And that is why after the December 2 event, we shall again give them love on December 16.. Right at the heart of their Christmas celebration at school.. The kids will be very happy..
