It is a well-known fact that auto insurance is automatically higher for young men than any other class of motorist. Normally, a young man between the ages of 16 and 25 face the highest insurance rates. However, cheap car insurance for young drivers is not impossible to get.
There are several discounts available for young men when they take the time to search them out and determine if they qualify for the discount. The Internet is an excellent source of information. Go to an online insurance comparison site or an individual car insurance company web site to search for discounts applicable to young drivers. The discounts available to save money on premiums are worth the effort to do some investigating.
The best discount available is a good driving record to obtain cheap car insurance for young drivers. Many young people underestimate how much difference this one fact can make. Statistically, young male drivers have more serious damage and injury accidents than any other group causing insurance premiums to be high. Collected data shows that young men tend to drive more reckless and at higher rates of speed than other drivers.
If marks go one a driving record, premiums are going to rise dramatically. Any accidents or tickets on a driving record will raise rates. The more incidents on a driving record the higher the premiums will be. In the event a driver gets a ticket, they can often take a driving course to keep it off their driving record.
Young drivers can save money by researching car insurance rates for various types of vehicles. Cheap car insurance for young drivers partially depends on the driver’s vehicle. Save that bright shiny sports car for later in life when insurance rates drop and avoid SUVs, convertibles and modified automobiles.
While drivers need a vehicle they can depend on, the older the vehicle is the lower the rates will be because the replacement or damage costs are lower. Safety devices such as automatic seat belts, air bags, anti-theft devices and anti-lock brakes help keep rates lower.
Good grade discounts can lead to cheap car insurance for young drivers. Any student in high school or college that maintains good grades can get a discount on insurance premiums. When a young person is responsible enough to do well in an educational setting, it is an indication that they are more responsible drivers than those who let their grades slip.
Drivers that maintain a clean driving record will see a reduction in rates each year from 16 to 21. At the ages of 21 and 25, rates will take a large drop. Other discounts also assist with getting cheap car insurance for young drivers. Rates may drop when a young man gets married so it is important to let the insurance company know if a marriage occurs. Taking a defensive driving course may result in lower rates as well.
Keep deductibles as high as possible. When an individual pays more in deductibles, insurance rates remain lower. All drivers should make certain that every type of insurance on the policy is required or needed. Go over the policy and if there are things you will not use or are not required by a financial institution or the law, have it removed from the policy further reducing your insurance rates.