With the insurance premiums for young drivers undergoing a steep hike, it is tough to be a young driver behind the wheel. The simple reason behind this is that teenagers and young drivers are considered high risk drivers, which means they are more likely to land up in accidents and file for claims. Thus, insurance companies offer more expensive insurance quotes to young drivers than they do to experienced ones.

 

But that doesn’t necessarily mean that you have to empty out your pockets to buy an insurance policy for your young son or daughter. With a little help and information from Quotella, you can save big on young driver’s car insurance. Through Quotella, you can get young driver’s insurance quotes from leading insurance companies across the country.

 

There is a very valid reason why young driver’s car insurance is so expensive. Usually, young drivers are more prone to accidents, since they drive at faster speeds and are usually more distracted during the drive. Statistics from organizations such as IIHS and AAA support this view. A report from AAA shows that between 1998 to 2007, crashes with drivers aged 15 to 17 resulted in the deaths of 28,138 people in the US alone, with 37% of them being the teen drivers themselves. The chances of a 17 year old driver being involved in a fatal car accident are 4 times higher than that of a driver over 26 years. A research by NHTSA revealed that instead of drugs, alcohol abuse and diseases, car accidents were actually the leading cause of teenage deaths in US.

 

Thus, teenagers or young drivers are classified as high risk drivers by insurance companies, making it difficult to find cheap insurance for young drivers.

 

There are many ways of getting cheap car insurance for your young driver. First and foremost, be your child’s guide to safe driving. Encourage them to follow traffic rules strictly and to avoid mixing drinking with driving. A clean driving record may not instantly get you lower rates on your young driver’s car insurance, but will ensure that their premiums get lowered over time. There are also certain certifications and courses available and recommended by law. Not only do such courses train your teenagers on safe driving, but will also help you get heavy discounts on your young driver’s insurance quote. Your driving instructor will be able to provide you more information on the same.

 

Try and go in for a higher deductible. This will help you bring down the cost of the premium. However, make sure you can afford to pay that much in case your teenager gets into an accident. Several insurance companies also offer discounts if you pay for your young driver’s insurance in one go, since many of them charge interest on monthly payments. Paying a lump sum amount could significantly lower your premiums.

 

Another good way to save on your young driver’s insurance policy is to avoid buying a very flashy car, go instead for a car that is not top of the range but practical. Also, make sure the car has enough security equipments installed. This safeguards your car against theft and vandalism to an extent, and thus, insurance companies may offer you lower premiums.

 

All said and done, until and unless you actually start looking around in the market for the young driver insurance quotes, you’ll never know what really is available for you.

 

Quotella can help you get and compare several young driver insurance quotes which will be tailor made to suit your specific requirements. Try our online quotes tool now and see how much you can save.