How to buy cheap insurance for teenagers

How to buy cheap insurance for teenagers

It's a well known fact that young drivers are likely to have trouble getting cheap insurance premiums. One of the most important difficulties for young drivers is that they normally don't have plenty of time behind the wheel to prove to insurance companies that they are good, safe drivers. Insurance companies notice young drivers as probably high risk therefore, could purposely ward them off with higher premiums, or give better premiums to young drivers with far better grades or a more stable income.

Getting cheap insurance for young drivers feels like an impossible action, but there’s many available to do to help keep costs down. From deciding on the right car to increasing your excess, our tips go back to fundamentals so you can consider a wide range of insurers, not simply those that feature telematics or pay-as-you drive insurance.

In case you have a low annual mileage you should be able to lower your premium relative to somebody who drives further per year. The logic is simple: the more miles you drive, the more likely you can be to have a car crash. But be certain that the figures you give to the insurance provider on your proposal form are correct because you may invalidate your policy once you breach the agreed annual mileage limit.

You can lower your rate and buy more affordable car insurance by having a number of small changes. A higher car insurance deductible on the vehicle may lower the rate, however you will need to pay more out-of-pocket fees after an accident. If the vehicle is older or contains high mileage, consider removing collision and comprehensive coverage, which protects damage to your car. Yet, if you choose this and have an at-fault accident, you will have to pay for your car's damages.