| Young Driver Car Insurance Sticker Shock!Unless they | | | | have been proven to teach young drivers to be |
| are insurance agents, most parents are stunned | | | | better drivers. In addition, some insurance companies |
| when their teenager starts to drive. They are | | | | will offer discounts to drivers who take these classes! |
| shocked because of the price of car insurance, which | | | | You can find these classes by searching on the |
| may be triple that of the experienced drivers. This is | | | | internet, checking with your state insurance |
| because the student driver does not have their own | | | | department, or just asking your insurance agent or |
| driving history, and so insurance companies lump | | | | company. |
| student drivers together with other drivers their age. | | | | You may also profit by bundling all insurance policies |
| This group, traditionally, experiences a high accident | | | | with the same company because of multiple |
| rate, and young males are hit even harder than | | | | insurance policy discounts. If the parents and student |
| young females. | | | | driver use the same company, and maybe also throw |
| Available Teenage Driver DiscountsYou can save | | | | in the homeowners policy, then some companies will |
| money by looking for discounts that many car | | | | give the family a break to keep their business. The |
| insurance companies offer. Even though teenage | | | | multiple policy discount will not always give you the |
| drivers tend to be in a high risk group, insurance | | | | lowest possible rate, but it is worth checking into. |
| companies recognize that some young drivers are a | | | | If the cost of insuring a student driver on the |
| lower risk than others. For instance, students who | | | | parent's fairly new car is just too high, consider |
| maintain a good grade average will earn a discount | | | | purchasing an older car for the young driver. Where |
| from many major companies. The companies usually | | | | the newer car may need full coverage, especially if it |
| require a B average. | | | | has not been paid off yet, an older car will probably |
| Also, insurance underwriters - those who assign risk | | | | just need the minimum required liability car insurance. |
| and set rates - will like it if the student driver takes | | | | The savings can be hundreds of dollars a month on |
| an accredited driver safety course. The cost and | | | | car insurance, and that may be more than the price |
| time of taking such a course are sure to be worth it | | | | for a used car payment! |
| for a couple of reasons. For one thing, these courses | | | | |