What Are Some Tips for Choosing Insurance for Young Drivers?


Quick Answer

Tips on car insurance for young drivers include saving money by being added to existing policies rather than getting their own, driving low-cost vehicles and taking advantage of good student and occasional-perator discounts, says About.com. If being added to an existing policy is not possible, young drivers should thoroughly compare insurance rates, look for discounts for paying in full, and try to get lower rates after the first six months.

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What Are Some Tips for Choosing Insurance for Young Drivers?
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Full Answer

The good-student discount usually rewards students who have at least 3.0 grade point averages, and even if a young driver doesn't meet that qualification at first, he can apply the discount when his GPA improves, explains About.com. The occasional-operator discount is important when the young driver won't be driving the vehicle much; there are also discounts for students away at college who don't have cars with them. Choosing a car six to 10 years old that carries safety features such as air bags also helps reduce car insurance premiums.

In some cases, it is cheaper for a teen or his parent to buy a separate auto insurance policy for the teen rather than add him to an existing policy, according to About.com. This is particularly true when a policy provides full coverage for several vehicles, and a separate policy for a teen covers only one relatively inexpensive vehicle. In such scenarios, a young driver might qualify for a discount by living in the same house as someone using the same insurer.

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