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How much is Car Insurance for an 18 Year Old?

how much is car insurance for a 18 year old

Parents of 18-year-olds who drive their own vehicle need to get teen car insurance. The first question that would probably enter a parent's mind is, “How much is car insurance for an 18 year old?” Some of them want to know this information because they are on a tight budget while others want to know the ballpark figure to be able to choose out of the many insurance companies that offer different products.

Points to Understand Regarding How much Car Insurance is for an 18 Year Old

If you want to know how much car insurance for an 18-year-old is, you need to realize that teen's policies are more expensive compared to those of adults, considering the higher risks involved in the former. Statistics show that there is a high percentage of total driving-related accidents in the country every year with teenagers behind the wheel. This is generally due to the fact that teenagers lack experience in driving. Some teenagers also revel in the freedom driving gives them without considering the responsibility and accountability attached to it. As a rule of thumb of insurance policies, having teenagers behind the wheel may increase your premiums by 100% to 500%.

How to Keep Car Insurance for an 18 Year Old Low

Seeing that the information on how the price of car insurance for an 18-year-old driver will set you back a couple of hundreds of dollars, you need to find ways to keep the insurance rates low. Always remind your teenager to drive safely in order to maintain a clean driving record, since

insurance companies check for driving convictions to see whether the insured individual is bordering on high risk out on the road. In the same light, teenagers should also make sure that they keep a clean disciplinary record as well. Responsible behaviour both in school and in the community makes them trustworthy in the view of insurance companies.

You can compare how much is car insurance for 18 year olds via insurance websites. Consider getting a quote from their representatives through the phone or email so that you can know how much car insurance for an 18 year old is. Explain to them the driving history of your teenager so that they can provide you a more comprehensive quote specific to your teen's situation. Ask them questions about their car insurance policies for teenagers so that you can decide on what company can give you the best benefits. Finally, negotiate prices if you can so that you can get the best premium that fits your budget.

Many parents want to know how much the car insurance is for an 18 year old so that they can make sure their teenager has the right protection while they are on the road. The car insurance may be expensive compared to that of adults, but there are some ways to keep the premiums at an affordable price. The internet is a great place to look for insurance companies that provide reasonable rates and it is just a matter of making the right decision on where to get the best car insurance for your 18 year old.

Category: Insurance

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