Finding affordable car insurance for a young person is not an easy task, because auto insurers usually charge higher car insurance premiums for younger, less experienced drivers. There are steps you can take, however, to get cheap car insurance without giving up great coverage, including breakdown cover. Let’s take a look at 6 car insurance tips for young drivers.
The simplest way for a young person to get cheaper car insurance is to maintain a clean driving record. A young driver can do this by driving safely and responsibly and staying with the posted speed limits. Avoiding tickets and accidents proves to the auto insurer that you are a good risk; they will reward you by issuing you a cheaper car insurance premium. And finally, never drive under the influence of alcohol or drugs. There are numerous reasons to never drive under the influence, and though a higher car insurance premium is perhaps a minor consequence, it is still a good reason.
Drive a Safe Vehicle
The type of vehicle you drive affects the cost of your insurance premium. Expensive cars usually cost more to insure because they have costly parts and expensive repair bills. A young person can get cheaper car insurance simply by driving a modest vehicle with many safety features. The more safety features your car has (e.g. air bags, Anti-Lock Brakes), the more you can save on car insurance.
Establish Credit in Your Name
Many young people do not have credit in their name. You can get credit in your name by applying for a credit card. To maintain good credit, simply pay your credit card bills on time and do not exceed the limits. Auto insurers offer cheaper car insurance rates for a young person who has a good credit history and pays their bills on time. Establishing credit will help you in other aspects of your life, too, such as renting an apartment, buying a house or being approved for other major purchases.
Enroll in a Driving Class
Another way a young person can get affordable car insurance is by taking a defensive driving or driving safety class. You can usually register for these classes at your local high school or community school. Taking a driving class proves to the insurer that you are serious about safe driving. You could save you up to $250 on your yearly auto insurance premium by completing a driving course.
Car Insurance Discounts
There are many types of car insurance discounts to ask for, such as the good student discount and the low-mileage discount. The good student discount is reserved for students who are on Honor Roll or Dean’s List and maintain academic excellence in the classroom. The low-mileage discount is for young drivers who do not drive very often and need cheap car insurance that doesn’t skimp on coverage.
Remain on Your Parents’ Policy
If your parents will allow it, be a secondary driver on their insurance policy. Most insurers offer lower rates for young drivers who remain on their parents’ insurance policy.