Tips for Cheap Car Insurance: First Time Buyers

March 18, 2013

Cheap car insurance for first time buyers is possible with the bevy of discounts that are made available to insurance purchasers. There are some tips you should be aware of to get the best rate.

Family Car Insurance Plan

Buying a family car insurance plan is a good way to get reduced rates on multiple cars. Similar to cell phone plans, the providers reward you when you purchase multiple plans. With this comes benefits and reduced prices. It is cheaper to do it this way, than to purchase three or four separate policies under the same, or different provider.

Drving History

Having a good driving history before you get your insurance is a good way to show an insurance company that you are less of a risk. The more risk involved for the company, the higher your rates will be. Making sure that you keep your amount of tickets and accidents down is one of the best ways to get a cheaper rate.

Driving Courses

Taking driving courses is another way to get cheaper rates. You can normally take these courses every few years. Taking a single, five hour defensive driving course can save you up to 20% on your insurance premiums for the year. This also works for students and young drivers who take driver's education classes at their school. They get an insurance break of normally 10% for their first three years driving. You can also take advantage of the Good Grades discount that companies offer for students for achieving high marks in the classroom.