Shopping for Car Insurance for Teen Drivers, Farmers Insurance, insurance rates for teenage drivers.

#Insurance #rates #for #teenage #drivers


Car Insurance Shopping for Teens

It almost happens overnight. One day you’re pushing them down the sidewalk in a little plastic car, the next they’re asking for the keys to the real thing. As a parent, letting your teen take the wheel is a strange feeling; it’s a weird mix of pride, protection, fear, and trust.

As the person who pays for the auto insurance, you might also be terrified about your rates going up.

Shopping for car insurance for your teen driver may seem daunting and expensive, but ask yourself a few key questions. The answers could help make the process a little easier on your blood pressure and your wallet.

1. Which kind of coverage do you want for your teen?

Every driver out there requires basic liability coverage to drive legally. How much liability do they want though? Do you want them to have other types of coverage too, like comprehensive, collision, uninsured/underinsured, or personal injury protection?

  • What kind of car does your teen drive? If it’s old, used, and seen better days, it might not be worth getting comprehensive/collision coverage, since any payout on damages could be less than your deductible. If they’re driving a newer car though, comprehensive and collision coverage is something to consider.
  • Will your teen be driving with passengers? If your teen will be driving friends and family around, consider adding Personal Injury Protection (PIP) or Medical Payments coverage to their policy. These could help pay for injuries to passengers or pedestrians caused by an accident with your teen’s car.

2. Which extras or options do you want for your teen?

Auto insurers offer all kinds of beneficial options and extras that you can add to a policy if you’re so inclined. For young drivers who are inexperienced in emergency situations, or who may get themselves into a fender bender or two, options like these can be invaluable:

  • Towing and roadside assistance
  • Small claims forgiveness
  • Incident forgiveness
  • Accident forgiveness
  • Car rental reimbursement

3. Which discounts can save you money?

Adding a new teen driver to your policy may raise your rates since they can pose an added risk. On the bright side, there are car insurance discounts you may qualify for when you add your teen to your policy, and other’s your teen may can qualify for, like:

  • Good student – your teen’s good grades can save you money.
  • Distant student – if your teen driver goes to school 100 miles or more from home, this discount can help you save.
  • Multi-car – adding your teen driver’s car to your policy can earn you this discount.
  • Driver training – gain experience behind the wheel with a state-approved driving course and your teen can qualify for another discount.

After you talk to your teen and your family, speak with a Farmers agent about your car insurance needs. An agent can provide you with more information, help find discounts, and give you a quote for coverage you want.

The information contained in this page is provided for general informational purposes only. The information is provided by Farmers and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to this article or the information, products, services or related graphics, if any, contained in this article for any purpose. The information is not meant as professional or expert advice, and any reliance you place on such information is therefore strictly at your own risk.




Shopping for Car Insurance for Teen Drivers, Farmers Insurance, teenage driver insurance rates.

#Teenage #driver #insurance #rates


Car Insurance Shopping for Teens

It almost happens overnight. One day you’re pushing them down the sidewalk in a little plastic car, the next they’re asking for the keys to the real thing. As a parent, letting your teen take the wheel is a strange feeling; it’s a weird mix of pride, protection, fear, and trust.

As the person who pays for the auto insurance, you might also be terrified about your rates going up.

Shopping for car insurance for your teen driver may seem daunting and expensive, but ask yourself a few key questions. The answers could help make the process a little easier on your blood pressure and your wallet.

1. Which kind of coverage do you want for your teen?

Every driver out there requires basic liability coverage to drive legally. How much liability do they want though? Do you want them to have other types of coverage too, like comprehensive, collision, uninsured/underinsured, or personal injury protection?

  • What kind of car does your teen drive? If it’s old, used, and seen better days, it might not be worth getting comprehensive/collision coverage, since any payout on damages could be less than your deductible. If they’re driving a newer car though, comprehensive and collision coverage is something to consider.
  • Will your teen be driving with passengers? If your teen will be driving friends and family around, consider adding Personal Injury Protection (PIP) or Medical Payments coverage to their policy. These could help pay for injuries to passengers or pedestrians caused by an accident with your teen’s car.

2. Which extras or options do you want for your teen?

Auto insurers offer all kinds of beneficial options and extras that you can add to a policy if you’re so inclined. For young drivers who are inexperienced in emergency situations, or who may get themselves into a fender bender or two, options like these can be invaluable:

  • Towing and roadside assistance
  • Small claims forgiveness
  • Incident forgiveness
  • Accident forgiveness
  • Car rental reimbursement

3. Which discounts can save you money?

Adding a new teen driver to your policy may raise your rates since they can pose an added risk. On the bright side, there are car insurance discounts you may qualify for when you add your teen to your policy, and other’s your teen may can qualify for, like:

  • Good student – your teen’s good grades can save you money.
  • Distant student – if your teen driver goes to school 100 miles or more from home, this discount can help you save.
  • Multi-car – adding your teen driver’s car to your policy can earn you this discount.
  • Driver training – gain experience behind the wheel with a state-approved driving course and your teen can qualify for another discount.

After you talk to your teen and your family, speak with a Farmers agent about your car insurance needs. An agent can provide you with more information, help find discounts, and give you a quote for coverage you want.

The information contained in this page is provided for general informational purposes only. The information is provided by Farmers and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to this article or the information, products, services or related graphics, if any, contained in this article for any purpose. The information is not meant as professional or expert advice, and any reliance you place on such information is therefore strictly at your own risk.




Car Insurance for Teenagers – Online Auto Insurance #auto #insurance #for #teenagers #teenager, #teen #teens #teenage #car #insurance #for #child


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Auto Insurance for Teenagers

Teenagers looking for cheap auto insurance rates can complete a quotes comparison and sort out in a matter of minutes the companies that will offer low prices. Thanks to automated online technology, teens can answer a set of questions to get instant quotations from many recognizable brands offering a large variety of coverage types.

Why it is important for a teenager to compare car insurance rates:

When it comes to teenagers and students. getting rates from a variety of carriers is important because it helps locate those that offer a cheaper rate to teens. In reality, some companies even target the teenage drivers because they are profitable in the young driver category. On the other hand, some coverage providers let applicants know that they are too risky by quoting them an outrageous premium.

OnlineAutoInsurance.com offers instant car insurance quotes from a group of companies that are quite competitive in the teen category. Give it a shot; it only takes a few minutes to compare side by side prices from popular insurers.

For parents:

Is it cheaper to add my teens to my own policy or to have them get their own? The best way to answer that question is to get quotes from other companies to find the insurer that may offer cheaper auto insurance for the desired coverage. Simply enter a ZIP code above to begin providing the basic information needed for a teenager s quotes from multiple companies.

Frequently asked questions by teens’ parents:

Should I add my child to my policy or have them open a new one? – Determining whether a parent should add a child to a current auto insurance policy or should have them open a policy independently depends on a few factors. First of all, it’s a good idea to have an agent or carrier provide a quote for the addition of the child. Remember that if there are have multiple vehicles on a policy, the new driver may cause an increase in premium for all vehicles on the policy.

Depending on the child’s age, time licensed, driving record, marital status, occupation and commute, the premium may vary among different carriers and some will let you know that they prefer not to take on the risk by charging a high rate. With this in mind, it s easy to realize why comparing quotes is important in determining which insurer will be a better choice.

Teens with learner’s permits � Youths with learner’s permits or driver s permits can search for their own policy to be independent from their parents’ policy before being licensed as long as they agree to obtain the permanent license within a specified amount of time. Here are insurance tips for young singles provided by a trusted government source as insuring guidance with a bit of 101 for added knowledge.

Related Subject: 17 year old car insurance Learn the specific ways seventeen year old drivers can increase the chances of finding cheaper rates even as a youth and a lack of driving experience.

Related Subject: Car Insurance Comparisons for Teenagers Learn how to compare rates for teens and find optimum savings.

Questions about Buying Insurance for Teenagers

Teenage drivers are notorious for being a bit reckless behind the wheel, and, unfortunately, this makes them more likely to be involved in a traffic accident. Teens who borrow their parents’ cars will only be covered for an accident if the.

It can be scary enough thinking about a child out on the road in their own car with so many dangers around. Combine road hazards with statistics showing young drivers’ high likelihood of being in a traffic accident, and parents might be tempted to.

Most teenagers act differently around their friends than they do while around their parents, so it stands to reason that they drive differently as well. A newly licensed driver may be a model citizen while mom is in the passenger seat, but eventually every young adult will.

News on Teen Driving and Coverage Issues

July 17, 2014 – Crash claim rates for some teen drivers are more than double than the rates for older drivers, according to a new analysis from the Insurance Institute for Highway Safety. But there’s something else that compounds dangers for teen drivers: They.

December 19, 2013 – Esurance announced Wednesday the debut of a no-cost program that the auto insurance company said will help its policyholders who are parents to monitor their teen drivers and train those young motorists on the rules of the road. DriveSafe operates through a telematics device that Esurance sends to participants who plug that.

October 30, 2013 – Ask a teenager any one thing, and you’ll likely get 10 different answers. But when it comes to why fewer teens are getting insured, the Highway Loss Data Institute (HLDI) has a simple answer: “No jobs, no cars.” That was the headline of the most recent study from the Institute, which delved into issues of teenage car insurance.

Articles on Getting Cheap Auto Insurance for Teens

May 30, 2013 – Five teens got into a car. Two were sisters, a year apart and both dancers. Their friend danced on the same team. Another teen loved soccer. Another was a wrestler.

April 22, 2013 – It’s nearly prom season, so the thought of one teen (or maybe more) in a car driven by another teen creates undeniable worries for any parent. But a report released this month on teen driver safety shows that teen passengers are being less risky on the road.

Jul 06, 2012 – A new calculator feature produced by the Insurance Institute for Highway Safety (IIHS) that attempts to quantify the benefits states could see from developing stricter teen-licensing laws estimates that.

Car Insurance Resources for Teenagers



8 Ways to Cut Insurance Costs for Teen Drivers #cheapest #auto #insurance #for #teenage #drivers


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8 Ways to Cut Insurance Costs for Teen Drivers

My 16-year-old son is about to get his license, and I’m afraid of what that might do to our auto-insurance rates. How can we lower insurance costs?

You’re right to be worried — your auto-insurance premiums are likely to skyrocket when your teenage son starts driving. But a few key moves can help you cut costs significantly.

1. Raise your comprehensive and collision deductibles to at least $1,000, which lowers your premiums and prevents you from filing small claims that could jeopardize a claims-free discount. Add some more money to your emergency fund so you’ll have the cash to pay the deductible if anyone in your family does have an accident.

2. Drop collision and comprehensive coverage entirely on older cars that are worth little more than the deductible. You may be paying more in premiums than you could ever get back from the insurer, even if the car is totaled. Look up your car’s value on Kelley Blue Book .

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3. Get a safe car. Having your child drive a safe car will help you sleep easier and keep your auto-insurance rates under control, too. Check safety ratings at the Insurance Institute for Highway Safety .

4. Encourage your kids to get good grades. Most insurers offer a big discount for young drivers who maintain at least a B average in high school or college. College kids generally need to take at least 12 credits to qualify for the discount, says Trisha Mujadin, an independent insurance agent with NRG, a Seattle insurance agency.

5. Tell your insurer if your child goes away to college. If your child goes to school more than 100 miles away and doesn’t take a car, you can usually get a big break on your premiums but still have coverage when he or she comes home for vacation.

6. Ask about other discounts for teenage drivers. Some insurers offer discounts for driver-safety programs, cutting costs if the kids take a special class, watch a DVD, or read a driver-safety book and take a test. Ask your insurer what your kid needs to do to qualify.

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7. Make the most of multipolicy discounts. You’ll usually get a break on your auto insurance and your homeowners insurance if you keep both policies with the same company. You may get an additional discount if you include an umbrella policy, which provides extra liability coverage beyond your auto-insurance limits and can be particularly valuable when you have a teenage driver.

8. Shop around. Some insurers offer much better deals than others for teenage drivers, so it’s important to compare costs. The insurance company that offered the best rate for you and your spouse may have some of the highest rates when you add a teenage boy to the policy (and it’s almost always better to add the child to your policy rather than have him get his own policy). “One company we work with is really great with young drivers and another is horrible,” says Mujadin.

You can get price quotes from several insurance companies at www.insurancerates.com (a new site by InsWeb.com) or get personalized service from an independent insurance agent who works with many companies (you can find a local independent agent at www.iiaba.org ). You may not want to switch from a longtime insurer just to save a few dollars, however, because your current company may be less likely to raise your rate or drop you if your child has an accident, says Mujadin. “If you stay with the company where you’ve been, there’s some value to that — there’s more room for forgiveness.” Also keep in mind that if you’ve been getting a multipolicy discount, your homeowners-insurance rate might rise if you take your auto-insurance business elsewhere.

One thing you don’t want to do in an attempt to reduce your premiums is skimp on liability coverage. Mujadin recommends liability limits of at least $250,000 per person, $500,000 per accident and $100,000 for property damage (or a policy with a “combined single limit” of $500,000, when available, which doesn’t limit the coverage to $250,000 per person involved in the accident). Young drivers are more likely to have accidents, and lowering your liability limits could leave you on the hook for tens of thousands of dollars in expenses if your child does hit another car or injure someone.



Car insurance for teenage & young drivers. #classic #cars


#cheapest car insurance for young drivers
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Car insurance for young drivers

Find great deals on young drivers car insurance

Just some of our car insurance providers who specialise in insurance for young drivers

Why is insurance so expensive for teenage & young drivers?

Young drivers in the UK regularly find that after paying for expensive driving lessons and tests, they are often unable to get competitive quotes for their car insurance. This is because statistically, new and young motorists are much more likely to be involved in an accident. so insurers cover this additional risk with higher premiums:

Insurers base their premiums on lots of different factors, and understanding them could help you get cheaper quotes:

  • The car you re insuring Its age, engine size, value and average repair cost all contribute to a car’s recommended insurance group. These groups contribute towards premiums, with lower groups generally meaning cheaper quotes. You ll find more information in our guide to car insurance groups .
  • Information about you – Your age, where you live, how long you ve been driving, whether you have any driving convictions, No. of years no-claims bonus you have, and No. of claims you’ve made are just some of the factors insurers will take into account. You ll find more in our guide to how premiums are calculated .
  • The type of cover you re looking for – Whether that s comprehensive, third-party, or third-party fire and theft, the level of cover you choose will influence price. Comprehensive cover is not always the most expensive, so check all the options before you buy.
  • The level of excess you re looking for – Your excess is the amount you agree to pay in the event of a claim, before your insurer begins picking up any costs. It s important to remember that you should only agree on an excess that you could afford to pay after an accident.

These factors will apply to drivers of all ages, but because this information alone isn t enough to base a quote on, insurers also have to use statistical data from all of its customers to determine the level of risk.

Industry statistics show higher accident levels amongst teenage and young drivers (under 25s), which therefore mean they re generally a higher risk to insure.

It s understood that younger drivers are involved in more accidents as behind the wheel; they re more likely to take risks and with less driving experience, are less likely to spot potential hazards .

The road safety charity Brake has compiled some hard facts about young drivers that include:

  • One in four 18-24 year olds (23%) crash within two years of passing their driving test.

  • Drivers aged 16-19 are more than twice as likely to die in a road crash than drivers aged 40-49.


  • Car insurance for teenage & young drivers. #used #cars #dealerships


    #cheapest car insurance for young drivers
    #

    Car insurance for young drivers

    Find great deals on young drivers car insurance

    Just some of our car insurance providers who specialise in insurance for young drivers

    Why is insurance so expensive for teenage & young drivers?

    Young drivers in the UK regularly find that after paying for expensive driving lessons and tests, they are often unable to get competitive quotes for their car insurance. This is because statistically, new and young motorists are much more likely to be involved in an accident. so insurers cover this additional risk with higher premiums:

    Insurers base their premiums on lots of different factors, and understanding them could help you get cheaper quotes:

    • The car you re insuring Its age, engine size, value and average repair cost all contribute to a car’s recommended insurance group. These groups contribute towards premiums, with lower groups generally meaning cheaper quotes. You ll find more information in our guide to car insurance groups .
    • Information about you – Your age, where you live, how long you ve been driving, whether you have any driving convictions, No. of years no-claims bonus you have, and No. of claims you’ve made are just some of the factors insurers will take into account. You ll find more in our guide to how premiums are calculated .
    • The type of cover you re looking for – Whether that s comprehensive, third-party, or third-party fire and theft, the level of cover you choose will influence price. Comprehensive cover is not always the most expensive, so check all the options before you buy.
    • The level of excess you re looking for – Your excess is the amount you agree to pay in the event of a claim, before your insurer begins picking up any costs. It s important to remember that you should only agree on an excess that you could afford to pay after an accident.

    These factors will apply to drivers of all ages, but because this information alone isn t enough to base a quote on, insurers also have to use statistical data from all of its customers to determine the level of risk.

    Industry statistics show higher accident levels amongst teenage and young drivers (under 25s), which therefore mean they re generally a higher risk to insure.

    It s understood that younger drivers are involved in more accidents as behind the wheel; they re more likely to take risks and with less driving experience, are less likely to spot potential hazards .

    The road safety charity Brake has compiled some hard facts about young drivers that include:

    • One in four 18-24 year olds (23%) crash within two years of passing their driving test.

  • Drivers aged 16-19 are more than twice as likely to die in a road crash than drivers aged 40-49.