Purchasing car insurance for new drivers involves as much as consideration and research as when choosing a policy and purchasing coverage for an experienced driver. In fact, it requires even more. While new, less experienced drivers will always pay higher rates than drivers with many years of experience behind the wheel, there are some ways that you can save money and get cheap car insurance for new drivers. So, here are some useful tips on how to purchase the best car insurance for new drivers.
Provide Proof of Driver’s Safety and Training Courses
Before shopping for rates for car insurance, make sure that you have documentation and proof of completion for any driver safety and training courses that the new driver may have completed. By providing proof of course completion, many car insurance companies will give new drivers a discount on their auto insurance premiums. Some companies may even deduct as much as 10% to 15% off of normal new driver premium rates. While this may not seem like a lot of money, it could help to save you several hundred dollars a year on insurance premiums.
Add a New Driver to Parent’s Policy
If the new driver is still in school, most insurance companies will allow parents or guardians of the student driver to list the new driver on their present car insurance policy. Adding a new driver to an existing policy always results in much lower car insurance premiums than if the new driver were to purchase a policy on their own. Most car insurance companies will allow students to remain on their parent’s car insurance policy—even if they are away at college. The only requirement is that the student's official home of record is listed as the same address as that of the parents.
Choose Less Expensive Vehicles
One of the surest ways for new drivers to save money on car insurance is to simply choose a less expensive vehicle. While many young drivers want to drive the coolest and most sought-after sports cars and trendy vehicles, these types of vehicles are usually very expensive to insure. Choosing a more practical vehicle—that doesn't cost as much—will result in huge savings on your car insurance premiums. So, instead of opting for that expensive sports car - choose a fuel-efficient economy model or older vehicle. You can always purchase the more expensive vehicle when you have some driving expense and your car insurance rates go down.
Choose a Job or School Close to Home
Whether you are listed on your parent’s car insurance policy or purchase your own policy, the fewer miles that you commute to your job or school every day, the less your car insurance premiums will be. One factor that many car insurance companies take into account when determining car insurance premiums is how far a driver lives away from a place of employment or the school that he/she attends. By choosing employment or schools that are closer to your home, you will reduce the number of miles you commute every day, thus your insurance premiums will be lower. The reason for this is quite simple—the less you drive, the less chance you have of being involved in an auto accident.