With the cost of automobiles, car insurance and gasoline, driving has almost become a luxury for most. This is especially true for teenagers and young adults. Car insurance for young drivers is one of the most expensive groups, with rates high enough to make you faint. Other than comparison shopping for your insurance, what can you do to reduce those quotes?
Why are the Rates so High?
There are several factors which contribute to the high car insurance rates. First, young drivers don't have much of a track record. Lack of experience plays heavily into the car insurance quote. There's not much you can do about that, but you can be proactive in developing a good record. It is recommended you get as much instruction and practice in before you go for your license. When you take the test, go for a perfect score instead of just trying to pass. The better you know the rules of the road, the less likely you are to receive a ticket.
You may be surprised to learn that the make and model, color and even body style affect your rates. For example, car insurance for young drivers with a red Corvette will be far greater than the same aged driver with a white four-door family car. South Carolina insurance company statistics show that young drivers in fast, red cars are involved in accidents at a much higher rate. Select your vehicle accordingly.
How Do You Lower the Rates?
Look and see if there's a rigorous driving course available in your area. These programs are gaining in popularity, because it's been proven that these in-depth driving courses work. You’re given instruction on a private driving course which is set up to teach you how to drive defensively and safely maneuver out of dangerous situations, such as braking abruptly, hydroplaning and maintaining control of your vehicle on an icy road. You'll be an improved driver at the end.
You'll also find that car insurance rates for young drivers go down if you have good grades. Insurance companies reason that if you have good grades, you're likely more responsible behind the wheel too.
Once you have your license, keep it clean. Don't make a habit of talking on your cell or doing other tasks while driving. Observe the speed limits, know the law and avoid being pulled over. You'll eventually enjoy low car insurance rates when you have no tickets.
If you live at home, you can be written in on your parent's policy and save a lot of money. Your parents must consent, so don't let them find you driving irresponsibly, causing them to refuse, if only because they can't afford the rate.
Car insurance for young drivers is notoriously high. If you want to have the luxury of driving, do everything you can to earn the low cost car insurance. With a clean record and three years, your rates should decrease substantially.
