Car Insurance For Young People

Reader’s Question:

My mom agrees to buy me a car. However, I’ll need to pay for the insurance. Where can I get a young driver car insurance quote? What information do I need to give and is it necessary that I have a job?

Aaron

Honolulu HI

It’s good that you are taking the first step in becoming a car owner. Car insurance is very important since it could take care of your liabilities in case of your-fault accidents. Anyway, a young driver car insurance quote can be obtained through the Internet, as you’ve probably guessed by now. The question is, where on the Internet? What you can do is to search for insurance companies or agencies providing multiple quotes. The latter is better because they provide more young driver car insurance quote with only one set of information.

As for what type of information you will need to give them, it depends on how accurate the rates are. There are sites that will only ask you for your age, car type and model, any driving violations (which you may not have at this point), and the type of coverage you will want for your vehicle. The quotes will be ready right after that. There are other sites wherein five sets of information are necessary. Additional information includes your address, phone number,
email address and other personal information. It’s up to you which kind of agency you’d want to use.

Do you need a job to get insurance? Technically, no. It’s not customary for insurance companies to inquire about their insured’s source of income when calculating for young driver car insurance quote. It’s understood that the driver will have a source of income to pay for his insurance. In your case, if you have to pay for the insurance and your allowance won’t be enough, then, getting a job is a good idea. Think of it as a good exchange for owning a car.

Anyway, you can also ask your mom where she gets her insurance. You could probably get a discount if you buy from the same company.

Reader’s Question:

My 17-year old daughter will soon be added to our car insurance policy here in Nevada. But since she is just young, what are the things that I could do to save on our car insurance premiums?

Melody

Las Vegas, NV

Policyholders that have young people in their car insurance policy need to pay more for their premiums. According to statistics, young drivers have higher tendency to get involved in car accidents, thus getting higher car insurance premiums that other groups of drivers. The following are the things that you could do to save on your car insurance in Nevada:

Raise Deductibles
Choose the highest deductible that you can pay for your car insurance policy to get cheaper car insurance for young people.

Let Young People Drive Older Vehicle
Make sure that your daughter will be listed as a named driver on an older vehicle. You will surely get higher car insurance premiums if you have her listed on a newer vehicle. You also have the option to cancel collision and comprehensive coverage in the older vehicle that she drives.

Get Good Grades in School
If your daughter has an average of B or higher in school, car insurance companies will offer you cheaper rates for car insurance for young people.

Install Security Features
If you put in airbags, anti-lock brakes and anti-theft devices in your daughter’s car, she will be secured and safe while driving, thus getting car insurance discounts.

Driver Training Course
To be a responsible driver, your daughter has to finish a defensive driving course and she will also be rewarded cheaper car insurance premiums by car insurance companies.

Keep a Good Driving Record
Young people who drive are notorious for being reckless drivers so car insurance companies most of time, offer them higher premiums. For you to prove that your daughter is a safe driver, she has to maintain a clean driving record. If she does not get involved in accidents or commit traffic violations for a long period, she can get discounts for being a good driver.

Reader’s Question:

My son who recently got his driver’s license has been bugging me for a new car. I have been shopping around and found that car insurance for young people is more expensive than mine. Why is this so?

Katie

Seattle, WA

Katie, welcome to the club of moms wondering why car insurance for young people is more expensive than their own car insurance policies. I wondered about that, too, when I had my first car insurance, and I was the one paying the premium. I disliked the fact that my car insurance cost more than my father’s when I was earning so much less.

Later, I realized that it all boils down to statistics. It really is a question of how much of a risk you are as a driver. Aside from lack of experience in driving, young people tend to lack awareness on the consequences of breaking road safety rules and regulations. Back to statistics, I won’t go into details but it is a known fact that many fatal car collisions involve teenage drivers. Not only that, many of those accosted by the police after 10 pm and onwards are teenagers. Some even have alcohol content in their blood. So, Katie, when alcohol and driving are mixed, getting involved in an accident really becomes a likelihood. Hence, car insurance for young people becomes costly. To save up on your car premiums, you should urge your son to avail himself of good grades discounts. Just show your proof of his good grades to your car insurance company.

Reader’s Question:

My nineteen-year-old son and eighteen-year-old daughter decided to get car insurance. I encouraged them to do so, actually. What are needed to get car insurance for young people?

Jeff

Albuquerque, NM

The requirements to get car insurance for young people include: personal driving history including any citations, traffic violations and accidents, credit history, if any, current and previous car insurance coverage and vehicle information. Practically the same information that were required of you when you first signed up for car insurance. Now if your kids have both been most careful drivers and have not gotten involved in any traffic or DUI cases, you might think they are going to get the same rates. That is very unlikely to happen, however.

They are both young drivers, almost the same age, maybe still in school or starting to work, and I would assume single, but both have little personal driving history to be used to assess them. In this case. it would be likely that your daughter would have a better rate than your son; according to surveys, young male drivers aged 16 to 25 meet more accidents on the road than female drivers of the same age.

On the other hand, many young people this age are starting to leave home. If this is the case with your kids, the addresses of your children would also matter. Is the address in a high-risk district where crimes such as car theft and vandalism are high? Another is the car that each of them uses. Do they have regular sedans, SUVs or sports cars? Are the models of the car likely to be stolen? If yes, then rates would be very different for each.

Reader’s Question:

I will be soon buying my car insurance. As a young driver, there are still a lot of things that I don’t know about auto insurance. What can you share about car insurance for young drivers like me?

Timmy

Greater Newark, DE

I was a young driver too for a not so long ago. The first time I bought my car insurance it was quite a disaster. I didn’t do any research for car insurance for young drivers then so I ended up buying what I’m not supposed to buy.

The most important thing to consider in buying car insurance for young drivers is the kind of car insurance coverage that you only need. Remember, you don’t need all the auto insurance coverage being sold to you. When I purchased my auto insurance, I had added comprehensive and collision coverage too.

Comprehensive coverage pays for the damage caused by non-related vehicular accidents like theft and vandalism on your car. Meanwhile, collision coverage pays for the damage if your vehicle got into an accident with another car or property.

I was driving an old car then so it was a huge mistake to have the comprehensive and collision coverage. Insuring an old car with those car insurance coverages is not worth it. I only ended paying more for my car insurance policy more than what my car’s worth then.

Moreover, it’s important to consider buying the auto insurance coverage that is required by your state laws. The state of Delaware requires the minimum auto insurance limits of:

• $15,000/person up to $30,000 for all person injured for Bodily Injury Liability
• $10,000 for Property Damage Liability
• $15,000/person up to $30,000 for all persons inured for Personal Injury Protection

Lastly, remember that one of the best deals for car insurance for young drivers can be found through the internet. So, make sure to shop for car insurance rates from different insurers and learn the art of comparing quotes. From there, you may find the best deal for yourself.

Reader’s Question:

Why is car insurance for young people expensive?

Jessica

Albany TX

Car insurance for young people is expensive because of statistical evidence that show the number of accidents wherein young people are involved with. Young people are generally associated with some recklessness and a little irresponsibility. Most of them like to drive fast cars and go out with friends all over town. Driving fast makes the driver prone to lose control of the car when unexpected things happen. Joy riding with friends is also risky because of the possible accidents that could happen to the group. Because of the adventuresome spirit and exuberance of youth, insurance companies look at them as a high-risk group. Meaning, insurance companies are afraid they will be paying too many claims related to this group, which they probably have already considering the number of accidents involving young drivers. The premium computation will take into account those statistical data of traffic accidents and they will be reflected into the actual premium rates. Since young people can do nothing about this generalizations of their group, each young individual must strive to keep a good record and drive a slower car so that insurance companies will look at them favorably.

Reader’s Question:

I just arrived from another country and I’m here to study. I need a car cheap female insurance young driver.

Graeme

New York

Getting a car cheap female insurance young driver could find it difficult given the current rate of accidents among people below 25. Since you’re a foreigner, insurance companies have some additional requirements for those who are not citizens of the country. In order for you to obtain a car cheap female insurance young driver must obtain from the Department of Motor Vehicles in New York the driving and parking rules of the country.

More importantly, to buy car cheap female insurance young driver must have an international license to be able to drive in New York. Once you are well-versed with the country’s driving policies, you can go online to search for companies in New York that provide coverage to foreign students. There are also sites that can provide you with cheap premium payments for your coverage. The best thing for you to do is to ask from another foreign driver if you know one. If not, you will have to trust your own judgment and ask for as many quotes as you can obtain so that you get the best deal. Just remember that a young person is normally charged more for insurances. If you think that the quotes you are getting are quite high, ask for discounts.