When a teenager is excited about getting their very first car, I can assure you that their biggest concern, revolves around the sound system, the colour of the car, and how many friends they can cram into the back, rather than issues such as car insurance and insurance premiums. Although cars are given to teenagers as they come into adulthood, they are still very much youngsters at heart. Youngsters who would like the freedom with adulthood without the responsibilities which come along with it.
The parent on the other hand is the one who is left thinking of all the other details; the safety of the child, possible drinking and driving, theft, hijacking and car insurance. A car represents nothing but joy and freedom to the teenager, could mean nothing but worry and headache to the parent.
Parents are not the only adults who worry about the risks, teenagers pose a great risk for car insurance companies as well. It is for this reason that car insurance for teenage drivers are more costly. Statistics prove that young people between the ages of 18-25 years of age, are higher insurance risks, because of irresponsible behaviour . For this reason you can be assured that obtaining a car insurance quote for a teenager will be higher than the parents
How to lower premiums
1. Add your teenager onto your car insurance policy. You can qualify for a multiple car insurance discount from your insurance company if you add your child onto your policy.
2. If you do not get a good rate with your car insurance company, or if you do not have any car insurance, your next best move would be to get car insurance quotes from as many car insurance companies as possible. The quotes can vary quite substantially depending on the insurance company so, do not settle for the first quote you find.
3. If you can, send your child on an advanced driving course. This will be proof that your teenager has better driving skills than most of his peers. Based on this you should get a discount.
4. If your teenager has a driving record which is less than squeaky clean your chances for getting cheaper car insurance diminish. A good driving record is proof of a responsible driver, use this in your favour.
5. To have a clean driving record you need to educate your teenager on the importance of safe driving. Not just to protect their own lives but to protect the lives of other people on the roads as well.
6. When buying a car for your teenager be sure to choose a model which has lots of safety features. A teenager with a little sports car is a major no, no for car insurance companies. And yes there are parents who do buy their teenagers sports cars!
These are just some of the ways you can save money on a car insurance policy for your teenager. Education about road safety is always the first way to ensure that your child stays safe, and that over time their car insurance premiums will drop.
