Tips to buy cheap insurance for teenagers

Tips to buy cheap insurance for teenagers

It's a well known fact that young drivers usually have a tough time finding inexpensive insurance premiums. One of the most important problems for young drivers is that many of them don't have the amount of time behind the wheel to prove to insurance companies that they are good, safe drivers. Insurance companies see young drivers as certainly high risk and as a result, may purposely ward them off with higher premiums, or give better premiums to young drivers with far better grades or a more constant income.

Having cheap insurance for young drivers seems like an impossible task, but there’s many available to do to help keep costs down. From selecting the correct car to enhancing your excess, our tips go back to principles to be able to think about a wide range of insurers, not only those that feature telematics or pay-as-you drive insurance.

If you have a low annual mileage you should be capable of lower your premium relative to a person who drives more every year. The logic is simple: the more miles you go, the more likely you are to be involved in a car accident. But make sure the figures you give to the insurance company on your proposal form are right because you can invalidate your policy in case you breach the agreed annual mileage limit.

You could lower your rate and buy cheaper car insurance by getting certain small changes. A higher auto insurance deductible on the vehicle may lower the rate, however you must pay even more out-of-pocket charges after an accident. If the car is older or has very high mileage, think about removing collision and comprehensive coverage, which protects damage to your car. However, should you choose this and have an at-fault accident, you will need to pay for your car's damages.