New Driver Car Insurance
Finding car insurance for a new driver can be time consuming and scary. Starting out as a new driver can be quite a frightening experience for many young adults. The thought of having to pay a high insurance premium can add to the fear, and make the thought of owning and driving a car not worth it. There are several ways to save money on new driver car insurance, and the premiums can be quite affordable to many.
Although, drivers are considered “young” drivers until the age of 25, there are ways to get an affordable rate on new driver car insurance. Many young drivers stay on their parents policy as a secondary driver. This may save money on new driver car insurance, as paying parents for a portion of their insurance is much more affordable than buying and maintaining your own policy. If a new driver does not have their own car, and may driver their parent’s or guardian’s car anyway, this is definitely the way to obtain the cheapest car insurance coverage.
If a new driver has their own car that needs to be insured, they may wish to get their own policy. Ways to save money on a policy as a new driver are to buy a safe, reliable car that has no lease or finance payments. Cars such as older sedans, cars that have anti-theft devices, vans and hybrid vehicles tend to get lower rates than newer cars with payments left, sports or luxury cars and cars that are considered are high probability to be stolen or vandalized.
If a new driver is a student, getting good grades is a simple way to save money on new driver car insurance. Maintaining a 3.0, or B, grade point average will get a good student discount to the policy holder. This good student discount is good for both high school and college students. Some colleges and universities also work with certain insurance carriers to provide a discount for students that use that insurance.
Finally, the simplest way to get a discount on new driver car insurance is to pick high deductibles and get the lowest amount of coverage possible. The lower a driver would like their deductible means the higher the insurance premium will be. Choosing a $500 or $1000 deductible is significantly cheaper than having a $100 deductible in place. Also, choosing state minimums for coverage is much more affordable than have full coverage, which would charge for many unneeded extras such as uninsured driver, roadside assistance and rental car reimbursement.
