Having a teenager in the house is an interesting time. They are
excited about being able to do new things and growing up. You, on the
other hand, are likely anxious about the new things and worried about
them getting hurt. Driving is top on this list. Almost every kid gets
excited about the day they get to start driving on their own, and about
owning their first cars. Parents worry about the expense as well as
their kids being on the road.
Not only does a car come with a car payment, gasoline, maintenance,
registration, and inspection fees, but you also have to pay for
insurance. While the other costs stay more or less the same regardless
of age, insurance prices are much more expensive for teenaged drivers.
This might seem unfair, but its due to a simple fact - teenagers are the
most risky group of drivers to insure. This is for many reasons, but
lack of experience is high on the list. Insurance companies make up for
this risk by charging more for the policy.
Even though insuring a teenaged driver is more expensive than
insuring yourself, there are still things you can do in order to find cheap auto insurance. It might take a little bit of work at the beginning, but you can potentially save a few hundred dollars a year!
First, consider purchasing your car insurance online. When you shop
online you have many choices to choose from. Insurance companies know
this, and therefore online companies keep their prices low in order to
be competitive and lure in customers. Additionally, an online company
has fewer expenses than a brick and mortar store, meaning they can
charge less and get the same profit. If you search for cheap auto
insurance plus your state, you will likely receive hundreds of results
to choose from. Simply browse for the coverage you need, and then
choose the package with the lowest price! This saves you time and
money!
You will want to get at least five quotes, but preferably as many as
possible. This way you can get a good understanding of what a low,
average, and high quote is, and you have more chances of stumbling
across the lowest price available.
Second, try to find as many discounts as you can. When you fill out
online quote requests you will likely see the different discounts
available for you. However, it is always a good idea to call the
insurance company directly in order to make sure you are receiving all
available discounts - not every company lists all their discounts
online. Teenagers will often qualify for good student discounts, low
mileage discounts, commuter discounts, driver education discounts, and
multi-car discounts (for the family). Not every company will offer
every discount, and eligibility criteria will likely vary, which is
another reason why it is good to shop around online and get multiple
quotes so you know that you are getting the best deal.
With a little effort you will be on your way to protecting your child on the road and keeping your wallet a little bit thicker!
