The time has finally arrived. Your son or daughter has turned 16 years old, has undergone driver's education, and have passed their driving exam to obtain their driver's license. But before you can let them take the family car for a spin, you must purchase young driver auto insurance to be sure they are insured on the road. In many states, it is illegal for anyone to drive without car insurance.
The Cost Of Young Driver Car Insurance
Young driver auto insurance has the highest insurance premiums of all of the types of car insurance available. That is because a high percentage of accidents in the United States are caused by drivers under the age of 25. Some of it is due to the fact that younger drivers are more inexperienced on the road, but younger drivers are also more apt to drive dangerously showing off for friends, not obey the posted speed limits, and be distracted while driving. All of these factors drive up the cost of car insurance.
The premium for auto insurance will typically be lower if the young driver possesses good grades in school. Insurance companies believe that good grades reflect a high sense of responsibility and assume that the sense of responsibility will carry over into driving. But one accident or speeding ticket can drive the premium for car insurance right back up to the normal rates. It is very important to maintain a good driving record to ensure that the insurance rate does not rise.
Where To Purchase Young Driver Auto Insurance
Young driver car insurance can typically be purchased from any company that provides car insurance policies. A young driver policy is no different than a regular policy in terms of coverage, but consistently has a higher monthly premium because the young age of the driver presents an increased risk of an accident. In some cases, the auto insurance policy can be added to the parent's car insurance policy so that the parent will only have one bill to pay with one insurance company.
Young driver car insurance is very important if you are going to allow your child to be on the road. It is illegal for them to drive without it, and it is illegal for you to allow them to drive your car without it. If a young driver is caught driving without auto insurance, they could lose their license until they reach the age of 21.
