Cheap car insurance for first time driver 17 year old

6 tips to get cheapest cars insure for 17-year-Old.

When your 17 years old and looking forward to drive your fist car is an existing experience with a lot of responsibility. The majority of teens find it difficult to get cheaper car insurance. The premium charges for teen drivers are four times higher than what is paid by 35 years old driver.

The reason being the insurance company look at teen drivers as inexperience behind the wheel therefore a high chance of getting an accident. The premium quote will mainly depend on several factors like age, type of care, driver history, where you live, type of coverage, etc.

 

How do I go about getting cheaper car insurance for a teenager?

When you look around the market, you will find different options being offered by insurance companies. I know it can be confusing but is quite simple if you know exactly what you’re looking for. If you’re still more confuse, please get help from your insurance agent to advise. Always remember to choose a coverage that is suitable to your needs.

Are there discounts for students?

The insurance companies have discounts for full-time students with a GPA of 3.00. It is advisable to ask for this type of discount because it reduces the price by 10 to 20 percent.

Is it a good idea to be added to your parent’s insurance policy?

Yes, because you will be in a position to save money and get affordable car insurance. This is only possible if you are still staying full time at your parents’ home. Remember, it is only possible only if your parents agree. However, your parents will be paying a higher premium. It is advisable to contribute in paying your portion because they are helping you in the long run.

 Is it right to shop around for car insurance?

There is no right or wrong. What the insured subject is looking for is the best deal in the market. A policy that is pocket-friendly and will serve his or her needs. It is good to look around and get several quotes. Only make a final decision when you are satisfied with the policy you choose.

Happy young woman seated in her new car

Why do insurance look at your credit score?

The insurance company will look at your credit score mainly to determine how much premium they will charge. When you have a good credit score, it helps the insurer subject to get lower rates and to qualify for other benefits.

Does the car model you drive determine the premium rate?

Yes, it does. Auto insurance companies have categories car models according to the risk involved in driving. For example, cars that are categories as safe will incur fewer premium rates.

Is their benefit in paying deductibles?

When you decide to pay a lump sum from own pocket before the insurance policy kicks in to pay claims, it’s called deductibles. This will help you to lower your premium by 30% by adding a few hundred dollars. It is a good strategy for saving money in the long term.

Bottom Line

It is a fact that premium charges for teen drivers is very high. Therefore, they have a difficult time picking a car insurance policy. This should not discourage them, rather than look for alternative ways of getting cheap car insurance. If it is confusing, kindly seek advice from an insurance agent to point you in the right direction.

 

 

 

 

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