Jake Pavelka : What are the changes in teen driving regulations? Will this help in getting cheap car insurance for the young driver?

Teen driving changes and cheap auto insurance

Response : As on 23rd February 2010, a New York law has been brought into effect . The main objective of this is to strenghten the state’s existing graduated driver license (GDL) system for teenagers, according to the Insurance Information Institute (I.I.I.).

As per this there is a a teen driver or young driver under 21 years can have only one non-family member in the car.

Secondly they need to have 50 hours of supervised driving instead of 20 hours before the teenager can take a road test.

Third, out of 50 hours of training the young driver must have 15 hours after sunset.

Graduate Driving License is a three-phase program that gives teen drivers an opportunity to develop more mature driving attitudes and gain experience behind the wheel over a period of time. Florida became the first state to enact a GDL law in 1996, and GDL legislation has been credited with reducing the number of motor vehicle accidents involving teenaged drivers in that state and elsewhere.

Nonetheless, motor vehicle crashes remain one of the leading causes of death among 15- to 20-year-olds and insurance industry research shows that more than half of teens who die in crashes are passengers, many of whom are not wearing a seatbelt. In addition, the data indicates that a teen driver’s chance of getting into a fatal accident doubles when a teen passenger is in the car. With three or more passengers, the risk quadruples.

“Immaturity and lack of driving experience are the two main factors leading to high crash rates among teens,” said Barry. “Even the best teenage drivers don’t have the judgment that comes with experience. It affects their recognition of and response to hazardous situations and results in dangerous practices such as speeding and tailgating. Teens also tend to engage in riskier behavior—eating, talking on their cellphones and text messaging. The added distraction of another teen passenger in the car just adds to the risks facing young drivers.”

If you are parents than there are ways that you can get cheap car insurance quotes for your teen and young driver. The key is to keep your teen safe which is your first goal and than comes getting cheap car insurance. For this you need to :
1. Give confidence and support to your teenager so that he or she is encouraged to build up excellent road habits.
2. Ensure that they complete their graducated driving schools so that they know the safety rules of driving. The more driving practice your teen gets, the more confident he or she will be behind the wheel and the better able to react to challenging situations on the road.
3. Some insurers offer “safe driver” programs. Teen participants in these programs sign parent-teen driving contracts which outline the young driver’s responsibilities and the consequences of failure to meet those expectations. Check whether your insurance company has such a program—if your teenager completes the program, you may be eligible for a discount.
4. Pick up a safe car : I know that in this time and age this is a big deal since big names like Toyota and General Motors are also having issues, however, you can still pick up a car which is safe as per the safe cars given by the Insurance Information Institute.
5. In addition, insurance companies are helping to reduce the number of accidents involving teen drivers by subsidizing the cost of electronic devices, such as GPS systems and video cameras, which can monitor the way teens drive. These monitoring services are usually operated by independent companies and alert parents of unsafe driving by email, text message or phone. Some insurers now offer discounts for parents and teens who participate in these safe driving programs.
6. Talk to your teen about the dangers of drinking and driving and distracted driving.
Alcohol and driving do not mix. Parents should impose a no tolerance policy when it comes to alcohol and driving.

Once you teach your teenager the safety rules cheap car insurance will automotaically follow them.

Thanks.
Kamlesh

Rayan Desis : How Can I get the cheapest auto insurance quotes with auto insurance discounts?

Getting cheapest car insurance rates for young drivers

Response : The teen auto insurance accidents are being lesser and less fatal as per the Insurance Information Institute. This has resulted in cheaper auto insurnace rates in 2009. Yes, cheaper auto insurance can be obtained Recently, insurance rates have been dropping nationwide. Just like mortgage rates, insurance rates are cyclical, moving higher or lower every couple of years on average.

Unfortunately, your insurance company likely won’t lower your rate just because they improve, despite the fact that new clients may be offered lower rates. That’s why it may be in your best interest to seek cheapest auto insurance rates online and you are at the right place. There can be a number of auto insurance discounts or credits if you qualify. Not all insurance companies offer every one of the following, but it would be best to get mu;ltiple auto insurance quotes and see if any of them apply.
Good Student Discount – Students who maintain a certain grade point average often qualify for a discount on their insurance.

Student Discount – If you have a child on your policy, who is away at school, be sure to let your insurer know. If the student does not have access to the car, your rate may be lowered.

Multiple Vehicle Discount – Insurance companies assume if you own more than one vehicle, you will not be able to drive either as often; therefore you are less at risk for getting into an accident.

Credit Discount – Many states are using Financial Responsibility or credit scores as a determining factor in your premium. The higher your score, the lower your rate. So make sure you use credit wisely.

Car Alarms – If you have a car alarm, be sure to let your insurance company know about it. Car alarms deter thieves from stealing your car, and thus will reduce your risk.

Package or Multi Policy Discounts – If you have a homeowners policy and an automobile policy with separate companies, you may want to contact both to determine if you can place both policies with the same company.

Airbags – If your car has airbags, be certain to let your insurance company know. If you get into an accident in a car with airbags, the bodily injury you suffer is typically less, which in turn costs insurance companies less for claims.

Renewal or Loyalty Discount – If you remain with the same company for a certain number of years, with a clean driving record, you should be receiving a discount.

Good Driver Discount – If you have a clean driving record for at least three years, you may qualify for this discount.

Non Smoking Discount – If you are a non smoker, your insurance company may offer you a discount.

Defensive Driving Discount – Some companies offer a discount for individuals who take these courses. Many of these courses can be found online.

Low mileage discounts– Typically, senior citizens do not drive as many miles as younger drivers, which may qualify them for a discount.

Increased Deductible – By doing this, you agree to pay a larger portion of the physical damage to your vehicle in the event of a claim. This means the insurance company pays less, which typically lowers your rate.

Lower Limits – While I can’t recommend you lower your coverage, if for any reason you simply cannot afford your current insurance rate, you have the option to lower your limits. This will result in some savings as the the insurance company won’t have to pay as much if you are found at fault for an accident.

Group Member Discounts – Insurance companies often offer discounts to members of certain groups who typically exhibit similar characteristics to one another. Some examples include AARP, AAA, or USAA members.

Credit Unions – While credit unions may differ, some offer their own insurance programs, which will provide discounts simply for being a member.

Military Discount – Many insurance companies offer this discount because service men and women often do not drive their vehicles year round, or typically only drive them within a limited area; on base for example.

Renters Insurance Discount – If you rent an apartment or a home, you may qualify for this discount. It is sometimes referred to as the “renters,” or “responsible citizen” discount.

Proof of Prior – Typically associated with Non Standard auto insurance policies, the “Proof of prior” discount shows an insurance company you have had at least liability insurance for a period of six months or more. This proof of insurance would demonstrate your ability to pay your insurance premiums monthly without a lapse in coverage (missing payments or not having insurance for any period of time), which ensures you will not force the insurer to incur the extra expense of reinstating your policy each month.

Once you know what auto insurance discounts you qualify for and select the right options, cheapest auto insurance quotes for young drivers or teenagers is just a click away.

Thanks.
Happy driving.
Kamlesh.

Mike Hill : I am back again. I would like to know how long my son can get cheap auto insurance quotes, since he is getting excellent grades. He will soon be 25 years old.

Cheap students auto insurance with good grades discounts.
Response : Mike, I know that when you are sending a student to college requires a good deal of financial planning to make sure the student is able to receive a quality education. One way many parents keep their budget in check while sending a child to college is to take advantage of discounts for car insurance for college students. This would earn them and gives them cheap student auto insurance.

Cheap student auto insurance is usually attainable by making sure to take advantage of all discounts offered and by using an online resource to compare the discounts offered by multiple companies to find the company that provides the best discount car insurance for college students.

College offers an average high school student the chance to start fresh. For students who did not carry the necessary grade point average (GPA) for student car insurance discounts, college offers them a fresh slate to build a great GPA and earn a discount.

College graduate discounts often carry on this discount until age 25, after the student graduates. Many insurance companies will continue to apply the good student discount they earned while in school until they reach an age when their risk level drops.

Mike, here is a tip, you do not have to worry a lot about the good grades discounts , since if you encourage and guide your son and instill good driving habits, than he will definetely get a cheap auto insurance quotes. He will have already built a good driving record of over 8 years since he started driving as a teen. Teen auto insurance are expensive , but now his driving record is the key to cheap auto insurances.

Steve Iser :I want to have a sports car? Will I be categorize as high risk. How can I lover my risk since I am also a teenager.

Cheap car insurance for young drivers, teenagers for sports car. Response : Even if you have a clean driving record, and have never broken any traffic laws, they would still consider you as high risk just because of your sports car. You have a second reason for being categorised as high risk since you are a young driver. Is this fair? Nothing is fair when you see your high risk auto insurance rates increasing continuously and there seems to be no other way of getting around it. Fortunately, there are still ways to lower them and enjoy your auto policy or coverage just like any other car or vehicle owner. Here are some of these reminders:
1.Search for a company or provider that specializes in high risk auto insurance or speciality insurances. There are several insurers which understand your situation as a high risk driver and offer cheaper auto policies than usual companies do. When you get insurance make sure that they offer specialized packages for you to save a few hundred dollars on monthly premiums. However, looking for such companies is a little difficult, good thing the Internet is there to provide assistance. Using quoting and comparison websites, you can contact them and evaluate whether they would be the best insurer for you.
2.Join a sports car organization or club. Most insurance companies offer great discounts to clients that are members of popular and recognized sports car clubs or organizations. Other associations such as employee groups and labor organizations may also be recognized by insurers. Even the mere possession of credit cards issued by well-known banks can give you surprising offers. Try them now.
3.Do not forget to ask for discounts. If you want to save a lot of money in your high risk auto insurance, always ask for discounts where you may be qualified. They will never know what you need unless you inform them. Some factors that are usually eligible for discounts include low mileage, safety features, defensive driving courses and anti-theft devices.
4.Purchase multiple policies from one company. If you need other kinds of insurance such as home, health, or life insurance, try to purchase them together with your auto policy from the same insurer. Aside from saving a substantial amount of money, you also get to pay your bills easier.
Cheap high risk auto insurance is available in the market. Shop online and look up for a quote at teenautoinsquote.com You will not be dissapppointed.
Thanks.
Kamlesh

Eric Rockfeller : Are auto insurance discounts offered to college students? How can one get more discounts?

Cheap car insurance quotes for college students.

Response: Most certainly college students would qualify for auto insurance discounts and cheap car insurances just like any other drivers. What you need to remember is that the discounts would differ for each category. The truth is that college students enjoy more discounts than other normal drivers and they get additional discounts like:

1. Being an additional driver on their parent’s policy. Living with parents and remaining on their policy often is the easiest way to find cheap car insurance for college students.
2. Good student’s discount: College students who earn a grade point average of a “B” or better are often given good student discount auto insurance.
3. Group discount of being a member of the college or institute based on which insurance company they have tied up with. Some colleges or institutes have a tie up with certain insurance companies for all their insurance needs and these companies offer an additional group discount to students for their insurances. However, it is still advisable to compare auto insurance rates since the basic rate of the insurance company might be higher.
4. Defensive driver education course discount is offered to college students or young drivers or teens for taking up this course. Some insurance companies offer up to 15% discounts on this.

Additional common auto insurance discounts:

5. Low mileage discounts: Low mileage discounts can be obtained for those who commute a short distance to work and school. With the new technology online this is very easy since insurance companies offering drive as you go polices or GPS to track your mileage.
6. Increasing your deductible limits would help you in reducing auto insurance premium and getting cheap auto insurance quotes. The higher the deductible the lower will be the auto insurance premium.
7. Get multiple quotes online to find cheap insurance for young drivers without having to fill out the same information for each company. Also if you go for multiple coverages with the same insurer you will get higher discount. Buy home and auto insurance from the same insurance company.
8. Keep a good credit score and you will be rewarded with discounts or cheap car insurance quotes.
9. Most important is that you should establish a good driver history. A good drivers discount of 20% is given to a driver who has been licensed for at least three years, has not had accumulated more than one “violation point” against their driving record, have not been found liable for an accident which resulted in a death or injury and have not had a conviction for driving under the influence of drugs or alcohol in the past seven years. Therefore, it is very important to to always obey traffic laws and practice safe driving at all times to maintain a clean record Never drive intoxicated. A Driving Under the Influence (DUI) conviction may result in a young driver not qualifying for car insurance policies offered by reputable inexpensive companies.
10. Air Bags and Automatic Seat Belts: There are insurers which will apply a reduction to a premium of up to 30% on Personal Injury Protection (PIP) and Medical Payments for having these safety features. The basic principle behind this is because if an insured is involved in an accident these features can prevent the risk of injury or lower the amount of injuries sustained by the policyholder and/or passengers.
11. Anti-Theft Devices: Companies offer a lower rate on Comprehensive coverage to those who own a vehicle equipped with low-jack, a GPS tracking system or an alarm. There are two reasons for this. The first is that an alarm can deter a thief if it is activated which in turn may stop them from stealing the automobile. Secondly, if a vehicle is stolen and it can be tracked, it raises the chances of recovering vehicles and the automobiles being recovered in a timely fashion which can result in minimum damage. This will save the insurer a significant amount of money if a claim is filed and the automobile is recovered before it can be stripped or destroyed. The savings on coverage are usually in the area of 5% which may not seem like much but in combination with others it can add up.
12. Anti-Lock Brakes (ABS): Having anti-lock brakes can enhance the ability to stop before striking another vehicle and therefore can offer a rate reduction of 5% or more on Property Damage and Bodily Injury policies

Remember that you will get a maximum discount of 40-45% overall even though you qualify for a lot of discounts. This is because most insurance companies do not allow overall discounts higher than this and there is a cap on the maximum allowable discounts. However, you can rest assured that you will win cheap auto insurance quotes.

Thanks.
Kamlesh