If you are a teenager or the parent of a teen, you must be going through a lot of heart ache trying to figure out the best way to get the cheapest and best policy for your needs. Car insurance companies consider younger drivers to be a risk factor to the firm and hence charge a lot more in the name of premium.
Drivers between the age group of 16 and 25 are considered to be high risk drivers. The car insurance companies depend on historic statistical data to come to this conclusion. So how did we arrive at this conclusion?
it has been found that drivers between this particular age group are much more susceptible to be involved in an accident related fatality. There is almost a 50% greater chance of meeting with an accident related fatality for this age group. We now arrive at the question of why this is the case?
Psychological studies have shown that drivers of this age group suffer from a serious over confidence problem. They do not have the relevant experience or the skills, but they however feel that they are highly skilled and hence take unnecessary risks. it has also been seen that younger drivers are more prone to driving under the influence of alcohol or narcotic substances.
As a parent it is a responsibility to ensure that the child is under control. If your kid is going out to a party, make sure that you offer to drive them to and from the said location. This can ensure that the youngsters do not indulge in drunken driving.
There are a number of ways to make sure that you do not pay a fortune in paying for your Childs insurance policy. the best way to do this is to show good grades as a student. Any grade above a ‘B’ is considered to be a good grade. And the car insurance company will automatically consider the individual to be a low risk driver. This is due to the fact that they consider someone who is serious about their grades to also be serious about life in general. Such a person will be less likely to indulge in illegal activities behind the wheel.
Another way to convey the fact that you are serious about safe driving is to enroll for a defensive driving course. A defensive driving course is something that is for advanced drivers. It will help one fine tune their skills about safe driving. it will help someone avoid getting into an accident like situation. It’s all about taking evasive action in order to avoid getting into such a situation, because it will be too late to get out of it once you are in such a situation.
But even if you take all these steps, it is very important to shop around for good policies. go online and try to find different quotes. These quotes are available online for free from various insurance company websites and also third party websites. You need to take some time off to find out which companies are offering the best deals. Do remember that a few hours that are put in now will help you save hundreds of dollars later on in the future. if you have this in mind, you can make a very good decision in finding the right insurance firm.