Although 18 year olds are considered adults and can vote, when it comes to car insurance, 18 year olds are still grouped together with 15, 16 and 17 year old drivers. Therefore, insurance rates for 18 year olds will be almost identical to those of younger drivers. While rates for young drivers are always high, there are a few ways to help lower them a bit.
Get Multiple Quotes
Shop around and get multiple quotes from different insurance companies. Get quotes online by visiting websites like CarInsurance.com to quickly receive multiple quotes all at once. Also, make sure to contact local independent car insurance agencies in your area that write policies for several different companies as well. The more quotes that you receive, the better chance you have of getting a car insurance premium that you can afford.
Keep Your Grades High
Always be sure to try to keep your grade point average as high as possible. Many car insurance companies reward students that maintain A or B averages in high school or a 3.0 grade point average while in college. Car insurance companies know that students with better grades usually make safer drivers. So, keep your grades high and get a 10% discount on your car insurance premiums.
Choose a Job or School Close to Home
When you request a car insurance quote, most car insurance companies will ask you where you are employed or where you go to school. The reason for this is quite simple--your car insurance premiums are based largely on where you may live and how far you commute to school or work. So, if possible, choose employment locations or schools that are closer to your home. Commuting fewer miles every day will do a lot to help reduce your car insurance premiums.
Drive an Inexpensive Car
Wait on driving that fancy sports car until you are 25 years old. Until you are 25, choose less expensive, more practical cars to drive. While all young people want to drive the latest model sports car, choosing a more practical vehicle will save you hundreds of dollars every year on your car insurance. The more expensive the vehicle is, the more it costs to insure. You have plenty of time to drive the vehicle that you really like after your insurance rates go down at age 25.
Take a Driver's Ed Course
It's never too late to take a driver's education course. Even if you have graduated high school, your college or university may have a driver's training course that they offer. Even if they don't, you should consider taking driver lessons in your local area to help reduce your car insurance rates. A qualifying driver's education course will usually reduce your rates 10% to 20%.
Consider Higher Deductibles
When shopping for car insurance policies, choose policies that offer higher deductibles. Instead of $100 or $200 deductibles, opt for $500 or $1000 deductibles. Although the deductible cost you more out of pocket if you have an accident, the savings on your monthly insurance payments will probably be much more than the added deductible amount.