Saturday, April 23, 2016

Finding Cheap Car Insurance Tips For Young Drivers

Insurance for teenagers tend to be a little more expensive than for older drivers. Additionally, male teenagers can expect to pay a littler more than their female counterparts. Below are three distinct shopping tips for finding cheap car insurance for young female drivers.

First, if you haven’t already purchased a car, look into buying an inexpensive vehicle. You may not know this but premiums are based on statistical models that are calculated from numerous data points and one of them is how dangerous a car is for any given driver. So, find a reliable car that still looks nice but isn’t necessarily a sports car. In addition, a security system, air bags and other safety features can lead to lower monthly premiums.

The second tip to consider is to pay a higher deductible. By being willing to pay more in the event of an accident or general claim, the insurance company will give you a break in terms of the premium. Try not to let the high deductible scare you off. Do a little analysis on your own driving record to get a snapshot of how often you have filed a claim. This may give you a little comfort as you realize your monthly payments will actually be lower than expected.

The third point to consider is to actually and diligently shop around for quotes. There are several online sites and tools that are available that provide interesting articles in addition to allowing you to compare and contrast various companies. If you need a more professional approach or find that you don’t have a lot of time then you can also look into using a broker who can very quickly give you several quotes from the leading insurance companies.

In closing, car insurance is important. You don’t want your teenager to end up in an accident without having the proper coverage. It also doesn’t have to break the bank. Young female drivers have an advantage over male drivers but there are still some things you can do as the shopper to lower your costs even further. Hopefully, these tips will get you started on the right path.