It is a simple fact that all drivers are not the same. At different stages in life, a driver will have different needs for their car insurance. At each progressive life stage, the driver should select car insurance coverage that is specifically geared toward drivers of that type. It is important to determine what kind of insurance you need: those who use their car for business may automatically assume that they need commercial auto insurance, but may actually be suited to a personal policy. Amongst personal policies, there is huge variation in coverage types.
All parents want to ensure that their children are safe—and this is no less true for the parents of teenage and young adult drivers. Whether you have purchased a car for your son or daughter, or allowed them the use of your own car, the law requires that they have car insurance, in case an accident occurs. However, car insurance coverage for teenagers and young adults is notoriously expensive, and can be a major impediment to young drivers who want to use their newly-learned skills to enjoy the freedom of the road. The rationale behind hefty insurance premiums is that teenage drivers are new to the roads, new to driving practice, and new to the rules of driving. A number of studies have given support to the assertion that young people are involved in more motoring accidents than other drivers. But this does not mean that all young people are careless and reckless drivers, and if you shop around it is still possible to get cheap car insurance deals for teenagers and young adults. There is no need to pay outrageous sums to insure your teenager, as long as you follow some basic guidance on bringing costs down.
Firstly, when purchasing a car for your child ensures that it is a model and type that is affordable to insure. Investigate adding your teenager to your existing insurance policy, rather than taking out an independent one – this is often a cheaper option. Use an online insurance comparison website to compare quotes between dozens of different providers to find the cheapest quote for your teenager's circumstances.
If your teenager is willing, have him or her complete further driver education courses for safe driving, which may lead to insurers offering a discount on teen car insurance. Usage-based insurance programs are a great opportunity for savings if your teenager is a good driver: some individuals save up to 30% on premiums through schemes designed to reward safe, no-claim driving. Many of these schemes involve the installation of a device which monitors driving habits such as speed and stopping. Teenagers enroll online and have their driving assessed through this device, with discounts applied to safe, reliable drivers after a period of time. Some insurers even offer cheaper insurance to students with good grades, as there is plenty of evidence to show that these teenagers have fewer accidents.
Other individuals may be eligible for discounts: spouses of deployed military personnel should investigate whether they are entitled to lower insurance premiums, particularly if your partner's car is not being used. If you are moving overseas temporarily, you may also be entitled to reductions on unused cars.
At the other end of the age timeline, older drivers may also find that their insurance premiums start to rise. Defensive driving courses are specifically created for mature drivers over the age of 55 who want to brush up on their foundation and advanced driving skills. Completing a full course of instruction and practically assessed driving may make you eligible for discounts on your insurance.
Getting insurance as a married couple is a great way to make savings, some domestic partners also qualify. Deemed less risky and lower-usage than other drivers, married couples (even those under 25) are often eligible for discounts, particularly if you have more than one car. For drivers of any age or situation, choosing a car that is cheap to insure is a smart way to bring insurance costs down. Insure.com compiled data on the cheapest cars and trucks to insure, based on averages for a 40-year-old male commuting 10 miles to work, who has a $500 deductible sum and policy limits of 100/300/50. The cheapest car to insure was the Hyundai Santa Fe, a family vehicle capable of transporting up to 7 passengers, which has an average insurance premium of $832. Runners up included the Kia Sportage ($840), Hyundai Entourage ($848), Kia Sedona ($857), Kia Rio5 ($870) and Honda Odyssey ($871). As you can see, some car manufacturers have lower insurance premiums. The dubious honor of being the most expensive car to insure falls upon the Nissan GT-R, the first generation of this well-known Japanese super-car available to consumers in the United States, with an average insurance premium of over $2,500. Runners up include the Dodge Viper ($2,446), BMW M6 ($2,236), Ford Shelby GT500 ($2,186), and the Mercedes-Benz G-Class ($2,088).
Any driver can also qualify for safe driver discounts on their insurance premiums. To qualify for these, there are a number of steps you can take in the short and long term. A clean driving record is the very best recommendation of you to an insurer: if you are a driver who has accumulated several points on your license for minor offences and traffic violations, you should Endeavour to keep future accidents to a minimum. A report by money.us.news.com found that drivers with a three-year clean driving record usually qualify for discounts on their insurance. If you have more than one vehicle, insuring additional cars on the same insurance policy will often entitle you to a discount on each. Drivers' education courses are a good wayto demonstrate your road safety and capability. These usually combine theoretical classroom education with supervised driving practical. In addition, ensuring that you are operating a safe vehicle is another way to become eligible for savings: cars equipped with safety features such as anti-lock brakes and air bags usually get discounted insurance premiums.
TIP:
Enter the amount, and click "Tip" to submit!
Scribblenerd
Irma Arkus
Kirsty Isitt
emma peel
Mungular
wakingupslowly
Salon.com
Comments