Seemingly, there is no chance to get cheap auto insurance for new drivers. It is just sensible since auto insurance companies will regard them as high risk drivers due to their lack of experiences in the past. There is no proof that new drivers shall not get involved in an accident for several years require insurance companies charge them with higher rates.
However, the age for high insurance cost for new drivers is already over. This article will tell more about what new drivers can do to save money up to 50% for their auto insurance. Look at these following steps and then apply!
Begin Research
Insurance companies offer various different levels of coverage. In general, there three types of coverage, namely liability, vehicle and medical. Liability coverage is the minimum requirement that all drivers must have.
The one that determines the liability premium is the size of the vehicle. That is the first thing that affects the insurance rate.
Then, there is also vehicle coverage (comprehensive and collision coverage) and medical coverage. These two types of coverage are not mandated by states, but drivers have to highly consider these types due to their importance.
Almost all insurance companies provide the coverage so it will be easier to find cheap auto insurance for new drivers.
Know the Detail of Vehicle
Then, know that some types of cars may increase the insurance premiums. Having cars with high horsepower, expensive repair cost, and high price tag will be charged more.
For example, luxury and sport cars will have higher premiums than a minivan or Volvo. It does not mean it is a must to have a minivan to get cheap auto insurance for new drivers.
Get Online Quotes
Other than driving record, age, zip code and the drivers’ demographic, the type of the vehicle will be a major factor for new drivers to get low or high insurance premiums. With a lot of various offers, the first thing to do before purchasing a car is to do comparison quotes. Quotes are available online without any charges.
When requesting insurance quotes, drivers will be asked to fill several kinds of information related to name, the area where the drivers are living and made and year of the vehicle. However, it has to be noted that there is not the best time of year to get auto insurance.
Rates will not be affected by weather, but several factors such as the number of insurers in each year, state, the number of car accidents and so forth. The best trick to get cheap auto insurance for new drivers is by comparing quotes from at least three different companies.
Get the Best Insurance Rates
Online quotes only give us a brief description about what drivers likely get if they buy car insurance from those companies. The real tip to get really cheap insurance is by first keeping the driving record as clean as possible.
Although new drivers are less likely to get lower insurance; there is a possibility for them only if new drivers can keep their driving record clean. Insurance companies will finally believe that new drivers deserve to get lower premiums.
Then, new drivers are usually students. Cheap auto insurance for new drivers can be obtained by qualifying to some discounts that are specifically for students. New drivers, however, have to perform a good academic record.
These discounts will be given as long as new drivers are still students and one year after graduation. There is also driver’s education course that students can attend to open more possibility to get cheap insurance.
In short, cheap auto insurance for new drivers is possible to get. New drivers only need to stick to the tips above and apply them when they purchase their auto insurance.