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Getting a 17 year old a car insurance policy is not inexpensive but it is a necessity. If you are a parent of a teenager that is just beginning to drive, looking for a reasonably priced insurance policy can be a daunting task.
There are some things you can do to make sure you are getting the best possible rate for your teen driver. Although there is not much chance of getting a rate that is even close to what you pay for an older driver, you can still get the best prices available if you follow a few simple steps.
Insurance for 17 year olds start out at a higher rate because of national driving statistics that prove that younger more inexperienced drivers are more likely to be involved in an accident than older more experienced folks. Stats also show that young men are more prone than young ladies to be involved in an accident.
Safe Driving Course
First and foremost you will want to make sure you put your student driver through a good, certified driver safety program. This carries weight with insurance companies and also teaches the young person good driving habits and how to be safety conscious when driving.
Good Grades
Another big factor is the young person’s grade point average in school. Insurance companies believe (and can prove it with statistics) that a responsible student is more likely to be responsible behind the wheel of a car.
The Right Car
The type of car they drive is a huge factor. An older, 4 door car, although it may not be attractive to your child, costs less to insure than a sporty 2-door that has a record of being involved in more traffic citations and accidents.
Putting Them On Your Policy
If at all possible you should consider putting them on your policy. Insurance companies usually offer discounts for multiple drivers. This can be a double edged sword however. If your 17 year old boy has a history of being irresponsible keep in mind that you will be liable for any damage that he may cause in an accident if the costs exceed the coverage on the policy.
Shop For The Best Rate
Consider shopping around on the internet for the best rates for 17 year old car insurance. While doing so make sure that you don’t buy a policy just because it is the cheapest. Check out the company and make sure they have a history of good customer service and paying claims promptly.
- Want to save $500 or more? Enter your zip code!
You could save up to $598 on your auto insurance!
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1 user responded in this post
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