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Monday, April 13, 2009

Young Driver Car Insurance

By Vincent Harper

Car insurers have always been known for charging high car insurance rates on young drivers. Young drivers usually suffer from the lack of a lengthy driving history, lack of reputable credit rating, and driving unsafe vehicles, making them susceptible to high car insurance rates. However there are things that young drivers can do in order to qualify for cheap auto insurance.

One of the reasons why car insurance companies charge young drivers with high auto insurance is their lack of driving experience. Most young drivers do not have lengthy driving records to show of. Thus car insurance companies do not have any basis to know if the young driver is a capable and responsible driver. Consequently, car insurers rate them as high risks drivers.

Young drivers are also involved in more car collisions and accidents, making them more high risk compared to other older drivers. Statistics from all states reveal that more young drivers aged 25 and below have been involved in more car accidents compared to other drivers of older age brackets. Since they are involved in a lot of car accidents, young drivers tend to get high risk rating from almost all car insurers.

But there are things that young drivers can do in order to avail of lower car insurance premiums. First, young drivers should take up driving courses. This makes them appear more skilled and schooled in driving, and consequently making them qualified for cheap auto insurance.

Young drivers can also get cheap auto insurance if they have a good credit standing. Good credit rating allows young drivers to prove to car insurers that they are financially capable and responsible in paying their financial obligations on time.

It likewise helps if a young driver has a safe car equipped with security devices like security lock, alarm and brake system. This will make their cars rated as low risk by any car insurance company.

Young drivers need not pay a lot of their auto insurance. They should just remember the simple tips mentioned above so they can have a better chance of availing of cheap auto insurance. - 23211

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