Cheap Car Insurance

Tuesday, November 10, 2009

Cheap Car Insurance for Young Drivers

Children seem to be in an ever increasing hurry to grow up these days. One likely reason is because they get to drive. To a teenager nothing seems more exciting and grown-up than getting behind the wheel of a car and taking to the road on their own. For most parents, they wish that the child would have stayed younger a little longer. One reason for this wish is the price of car insurance. There are ways to find cheap car insurance for young drivers though.

If the child is of college age and is living on campus that actually may work in their favor when it comes to car insurance. Some companies offer a percentage discount if the child is away from home for a portion of the year. Obviously this only applies to kids who are listed as a driver on their parents’ vehicles. Good grades also may be rewarded with a reduction in premiums. This is a great impetus for the student to try their best in school.

For young drivers who own their own cars there are a few hints to help lower the costs too. One is to list their parent as an occasional driver on the car. Another great discount for children who already have their own health insurance policy is to ask that company about possible car insurance. Many insurance companies will offer a multiple policy reduction.

Finally it’s worth noting the price of car insurance before purchasing a car. Most young drivers have a very specific car or truck in mind and they buy it before even inquiring about how much it will cost to insure. It’s a better approach to get quotes on how much the insurance will be before finalizing the sale. Young drivers need to make certain they can afford both the car payments and the cost of their premiums.

Article Source: http://EzineArticles.com

1 comment:

  1. I can't even dream of getting a cheap insurance policy for young drivers. Young drivers are considered as high risk drivers as they are still in the learning phase. But after reading all these points I am so excited as they are convincing. I will try all of them to obtain a policy for my younger sister. Thanks.
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