If you have been looking around, you would have discovered that a young driver car insurance plan is usually more expensive than the general car insurance for an experienced adult driver. This is the result of the common view that insurance companies have of young drivers. They view young drivers as those with higher risks since they are inexperience and are thus more likely to get involved in car accidents than an experience adult driver.
Since the cost of such young driver car insurance policies are usually paid for by their parents, these teenagers tend to become reckless when they are on the road. As they are not concerned about the possibility of paying higher premiums for their policies and are usually more impatient, the tendency of them getting involved in an accident is higher because they will drive faster and more recklessly on highways.
Before you decide on the young driver car insurance plan for your teenager, you should carry out a comparison among the plans offered by the various insurance companies first. You must be prepared that such policies can be very much more expensive than what you are paying for your own auto insurance. However, if you want to get a cheaper insurance plan, you can contact your auto insurance company’s representative and talk to him first.
Since the driving record of a driver is viewed with great importance by the insurance company, you can ask your insurance company for a discount if your child already has two to three years of good driving records. A driver’s policy premium is determined by his or her driving record. Of course, your rate will be much lower if you have not been involved in any accidents before. However, you should also take note that the policy premiums will be very much higher for someone who is below 21 years old.
Getting your teenager a simple car without any add-ons such as spoilers or lowering the car for faster acceleration can also help in lowering the premiums that you have to pay for the insurance. Any car that has been modified is at a greater risk of getting involved in an accident because it is able to travel at a much faster speed than a normal car. Thus, no insurance company will want to offer you a discount for a car that is capable of going over the usual speed limit. In fact, they will even raise the premiums that you have to pay for the young driver car insurance.
Finally, you have to remind your child to refrain from drink driving. Although everyone knows its danger, most seem to find it hard to abide by the rules. Thus, if you are aware that your teenager is going out drinking, do not let him take the car. This is not only to ensure that you do not end up with a higher premium for the young driver car insurance, it is also to ensure his safety.