Since drivers below 21 years of age represent a higher risk quotient for insurance companies, the rates for such insurance policies tend to be expensive. Nevertheless, it is possible to obtain cheap insurance for new drivers with a bit of research online.
Getting Married
Persons who are under 25 years of age and are new drivers but are married tend to get lower premium rates in insurance as compared to single drivers. This is because insurance companies tend to perceive husbands and family men as being more responsible and hence less likely to drive rashly. Since the risk element is lesser in such cases, there is more likelihood of obtaining cheap insurance for new drivers.
Additional Driver Parents' Car Policies
If a person's parents enjoy a track record of safe driving, this person can add their name as an additional driver of the car with regards to the insurance policy, especially in the case of multi-driver or multi-vehicle discount offers. In fact, for persons below 20 years of age this represents the best option to acquire cheap insurance as most companies offer large discounts in order to provide service for all family members. In order that this technique works, the vehicle has to be registered under the names of the parents and the registered address has to be the same as where the parents stay. Most young drivers use this method to obtain cheap insurance for new drivers to reduce the costs associated with driving. Though it may be them who are paying the bills towards the car loan, since it is within a family, this constraint does not matter.
Online Quotes
Having knowledge about the best places to get cheap insurance for new drivers online can save as much as 15% on insurance costs. The best way to go about it is by buying the insurance online from the insurance company directly instead of going through an agent. Since agents require commissions, bypassing them saves a percentage of the costs involved. It takes quite a bit of time to browse through various quotations and find one that fits into an individual's budget. Yet, the efforts are well worth the time. Since the car insurance market is highly competitive, individuals can expect to receive quotes almost instantly and hence can compare rates across multiple providers to arrive at an informed decision.
Student Insurance
This represents another way to get access to cheap insurance for new drivers. Many automobile insurance companies are willing to lower rates for students who have good grades. Having good grades is often an indicator of qualities inherent in the student such as maturity, discipline and sense of responsibility, which again makes chances of rash driving minimal. Even if a student has average grades but shows good leadership records within the sphere of extra-curricular activities, these will count to make the insurance rates cheaper.
Register for Defensive Driving Courses
Registering for defensive or safety driving courses can also play a part in getting cheap insurance for new drivers. Not only will the lessons save a person's life but will be instrumental in reducing insurance expenses with every subsequent year.
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