Insuring young drivers isn’t the cheapest or easiest thing in the world. Young drivers are inexperienced, and at times reckless, which means that they’re the demographic most likely to be involved in an accident. Because of this, auto insurance companies charge the most to cover young drivers.
Even though young drivers can be costly to insure, you can still find a good deal. And just as importantly, you’ll want to find a good plan, one that really covers the car that will be driven. Thankfully, finding auto insurance for a young driver is a very easy process.
How to find a good car insurance plan for a young driver
Step 1: Shop around. The best way to find any car insurance plan is to shop around. When it comes to young drivers, the way to do this is to start with the auto insurance plan of the parents, assuming the driver has a good relationship with them.
Adding a young driver to a family auto insurance plan is far and away the most affordable way to find great coverage for the driver.
Step 2: Look for discounts. Auto insurance companies will offer discounts to families who have multiple people on one plan, and if you have multiple vehicles, you can also put a young driver on the insurance plan of the safest one, which lowers the rates as well.
Step 3: Check for incentives. If it doesn’t make sense for a young driver to be on a family car insurance plan, then the next best thing is to check with many auto insurance companies, and see what kinds of incentives and prices they can offer.
Step 4: Take a safety course. Many auto insurance providers will give young drivers discounted rates if they take a safety course, or if they’ve never been in an accident before.
Many car insurance companies even lower their prices for young drivers who are earning good grades, or sign a contract saying they’ll always wear a seatbelt, never text while driving, and always follow other basic safety precautions.
If you shop around, you’ll be able to find a car insurance package that is ideal for a young driver in need of auto insurance coverage.
Just because young drivers are more likely to be involved in accidents, doesn’t mean they shouldn’t be driving. But since they are driving, it’s extra critical that they be insured. The last thing you want is an inexperienced driver on the road, with no financial coverage should they find themselves in an accident. Always do your homework and your due diligence, and make sure that any and all young drivers in your life are properly insured.