How to find the best deals on car insurance for teenager driver?
Tips for cheap car insurance for teens: As soon as kids reach at the age sixteen, they drive parent’s cars and naturally parents think about how to save money once their children start driving. They also fear about road accidents and damaged car sometimes severe damage in accidents. Here we will discuss on cheapest car insurance for teenager and comparison of prices.
According to one report, sixteen year old driver get into accidents six times more than drivers between the ages of 30 to 59. And also insurance premium rates of this age group are highest all time. Finding a best insurance coverage takes more time and lot of research to get affordable plan.
Let’s check best deals on car insurance for teenager driver. Parents can use online tool for comparing information on insurance.com which gives a best deal around local market. However, experts give advice to get deal directly from insurance companies which requires more work but ultimately pays off. Because most of the insurers offer discount rate policy for a driver who drive car occasionally, they have to pay less for occasional drivers which saves approximately $500 each year.
Another solution of getting lowest car premium is buy an old car instead of new or braded car for teenager. This will not only reduce annual car premium rate but also give peace of mind. As per popular opinion, person has to take at least three quotes and compare to get best deal. Unfortunately, this is not right way to take decision, but compare with the money that you may save, and spend them to make good sense.
Other option is to buy ‘Green Teen Package’. Some states offer this plan and Green Teen Package clearly means only pay premium for miles you actually drive. If one drives few miles, he has to pay less insurance and vice versa. In Texas, there is a popular program MileMeter.com which offers discounted car insurance plan based upon miles actually driven and charged premium that much only.
Parents may search for “accident forgiveness clause” that waives any premium increase for one minor accident. Insurance costs money decide by contributing to the cost. This contribution can be in-kind, such as keeping grades up, no speeding, parking tickets and adhering to curfew. Young adults who have got employment can contribute towards the cost of insurance that will up to parents to decide how much of a percentage of it they expect their teen to pay. It is parent’s responsibility to make sure about personal, financial responsibilities and new found freedom.
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