Car Insurance Rates for Teenagers (and Parents)!

I cannot think of many things in my life that were harder or scarier than turning the car keys over to one of my kids. I knew I had to let my child move forward, but it was still very tough. I had to let him risk his own safety. And of course, I was a bit concerned about my car too! Last, I had to try to act relaxed and confident as I rode in the passenger seat.

It was not quite as scary, but still nerve wracking, trying to find car insurance for a teenager. As you probably know, insurers consider younger drivers as a high risk group. They back this up with statistics that prove that younger drivers are more likely to have claims than their middle aged parents too. But if I was going to let my kid drive, I was certainly going to make sure that his driving was covered!




Here are some tips to find cheaper car insurance rates for teenagers.

You will probably do better if you bundle your teen's policy with your own. You, as a middle aged adult, have established a driving history and, perhaps even earned some discounts. Major auto insurance companies offer discounts for things like home ownership, combining auto and home policies, clean driving histories, and even owning a safer car. While a younger driver is a high risk driver, insurers may be willing to offer lower rates to get all of a family's business.

Of course, your teen on his or her own, may qualify for some price breaks. Good students are usually given a discount. Approved driver's education classes have also been shown to reduce accidents. Because they reduce accident claims, insurers encourage them by shaving a certain percentage off of the bill.

So by now you shold have some ideas of ways to get lower auto insurance premiums for your younger driver, and also for the whole family. Multiple policies, driver's education, defensive driving classes, and safe driving may qualify for discounts.

In addition, car insurers just consider some cars safer. They offer discounts for safer cars, and also for auto safety features and anti-theft devices.

However, do not assume that your old insurer will give you the best price either. Companies have their own way of setting rates, and you cannot know which one will give a particular family the best rate unless you compare quotes. So how can you do some smart insurance shopping without taking up hours or days calling around to various agents and companies?

Online car insurance quote forms make it fairly simple to compare rates. It shold take 4 - 5 minutes, or less, to fill out a simple form which gives your basic information like your zip code, driver's ages, type of car, etc. Then click the submit button. After that, you will be given car insurance quotes from multiple companies that want to compete for your business.

It may be tough to hand the car keys over to Junior, but at least, buying car insurance for teenagers may not be as expensive as you fear.

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