A Guide to Buying the Cheapest Car Insurance: Young Drivers

Finding the cheapest car insurance for young drivers can be a tough task because young drivers typically have the highest rates. Young drivers are often at the highest risk for an accident due to many factors, but mainly lack of driving experience. Driving a car doesn't get taught over night, and experience can only be learned when on the road. Young drivers typically don't know as much as more experienced, adult drivers. That being said, car companies allow different ways to reduce your young driver car insurance in the form of discounts, and some changes that you can make. Overall, their goal is to make you a safer driver, and if you do things that can make you a safer driver, they will lower your rates.

Get Good Grades

Getting good grades while in school should be your number one priority. Your grades don't just matter for your future in the job market, but it can also effect your car insurance rates. Many companies offer a good grades discount for student drivers who show excellence in the classroom. Responsible students in the classroom are more likely to be responsible behind the wheel. The grades are very obtainable for most students as the average GPA is normally around a 3.0 GPA. Other companies award you if you are on the Honor Roll or the Dean's List.

Driver's Ed/Defensive Driving Course

Young drivers often go through driver's education when they are just starting to drive. This is a great class to gain experience and learn some safe driving techniques. Another benefit is the insurance reduction. You can get 10% off of your rates for three years with a passing certificate. When the driver's ed discounts expires, you can take a defensive driving course. It is a five hour, one time course that shows you some ways to avoid accidents, how to drive in bad weather, and other things. This course can give you as much as 20% off of your annual premiums for two to three years.

Multiple Policies/Family Plan

Buying multiple policies for items you own such as your house, boat, RV, motorcycle, etc is a great way to get lower rates. A family plan also uses the same principle, but you can mix these two. For example, a parent can put their house on their plan, while also getting a family plan for auto insurance for maximum savings.

Safe Cars

Having a safe car is important to an insurance company. This means that if your car has some safety features such as alarms, sensors and other devices that can prevent your car from being stolen, you can get a cheaper rate. Also, check out the Insurance Institute for Highway Safety website for a list of the safest cars. Buying a car that was awarded a Top Safety Pick award will with out a doubt get you an insurance reduction. It is better to get a cheaper, even older car than a new expensive car because expensive cars will raise your rates as they are harder to repair in the event of damage.