Driving can be one of the most exciting parts of teenage life for young drivers. Having their own ride somehow gives teens a sort of independence however driving can be more expensive for young people. Teens and college students are generally considered to be risky drivers by auto insurance companies thus giving them really expensive rates.
Today’s economy suggest to earn more and spend less but with teens and college students to start driving, their family’s spending will be adding a bulk. Not until young drivers reach the magic age of 25 they have to face the highly expensive policy rate allotted to them and parents are the ones who normally shoulder it.
If you are a teen or a college student and somehow you wanted to help your parents in dealing with your super expensive auto insurance rate the good news is you can actually do a lot.
You cannot really escape the associated stereotype to young people about being too vulnerable to risky behaviors which as according to studies can be carried behind the wheels thus paying your rate in its costly nature is one thing you have to accept at first. Although you cannot magically turn to 25 you can always change your attitude and behavior to somehow lower your premium.
First you should study hard, seriously. Getting good grades can qualify you to some discounts auto insurance companies are offering. Good grades are highly associated with a sense of responsibility that is worth rewarding for insurance providers.
Second choose safe and older car models. Your dream of riding sports cars or any luxury cars will just make your auto insurance are a lot higher. New models and thieves-alluring cars are expensive to insure given that mere having and driving these cars are already risky. It follows that the higher the value of your car, the higher the cost of your auto insurance thus if you really want to help reduce the amount your parents are paying for your car insurance save your dream or riding your high-speed car until you are 25. Also modifying your car would not help in lowering your insurance rate. As young people it is not surprising for you to dream about adding feature to your car however keep in mind that every alteration can bring additional dollars to your premium.
If you wanted to install something on your car make it a device making your car safer like airbags. This way you help reduce the sky-high rate of your insurance policy.
