Los Angeles, CA (WiredPRNews.com) The price of auto insurance is heavily dependant on the age of a driver as well as driving history; unfortunately sixteen year olds do not have much of a history behind the wheel and subsequently are charged much more for coverage than more mature motorists. The main reason that these teens receive higher premiums is due to lack of experience and are also statistically shown to be much more likely to be involved in a traffic accident than drivers of any other age.
According to the Arizona Department of Insurance, motorists of age sixteen are three times more likely than those between the ages of 17 and 19. Due to these statistics, car insurance for a 16 year old can become quite expensive if not shopped for properly. By taking the proper approach when shopping for coverage, affordable rates may be obtained.
Comparison shopping is a major key to finding affordable coverage for teen drivers. Websites such as OnlineAutoInsurance.com allow consumers to get rate quotes from several different companies and compare between them which may help locate the lowest rate and preferred carrier. Consumers can also call multiple companies or visit offices of insurers to obtain quotations which can be just as effective.
When comparison shopping, taking advantage of discounts can reduce a premium quite a bit; there are usually some discounts that can be applied such as the good student discount offered to students who maintain a “B” average or higher. Many companies also offer discounts for taking a driver education or defensive driving course which is recognized by the state.
A common method used to make insurance more affordable for 16 year olds is by having the youth added onto a parent’s policy. Many companies will add an inexperienced driver to parent’s policies for much less than the cost of issuing a policy specifically for the teen. Although this may raise the parent’s premium; as these new motorists gain driving experience and maintain clean driving records, premiums will begin to decrease.
For helpful tips on finding the most affordable auto insurance for sixteen year olds, consumers can visit http://www.onlineautoinsurance.com/learn/how-much-is-car-insurance-16-year-old.htm and also obtain free rate quote comparisons to help locate the cheapest company.