Yes. Teen car insurance was expensive in 2002 and is still expensive in 2013. The realty still remains that the teen car accident rates are higher – the car insurance claims are higher, which is the reason behind the auto insurance rates are expensive.

You do not want to miss this one most important point – Teen car accidents are the highest in the first six months of driving. You need to ensure “Confidence, training and guidance” to your teen during this period.

As per recent publication from the Insurance institute “ According to the Insurance Institute for Highway Safety, the study tracked 42 newly licensed 16-year olds with cameras, sensors and computers. Of the total 40 crashes and 279 near crashes recorded by all of the drivers of the monitored vehicles (including parents) during an 18-month period, teenagers had 13.3 crashes or near crashes per 16,000 kilometers in the first six months. This fell to 8.5 in the following 12 months. The teen crash rate averaged about 10 per 16,000 kilometers during the entire18 months compared with 2 for the parents.

The National Institutes of Health and the Virginia Transportation Institute found that crashes and near crashes are more common during the first six months of independent driving among young drivers than in the following year. Previous studies had shown that teen crash rates decline quickly as young drivers become experienced, but the joint study, released in December 2011, was the first to use in-vehicle monitoring to confirm the trend.

Insurance Companies are helping you get cheaper teen car insurance rates – how?

The reality is that we are moving to a movement of co-operation from one of competition.  Insurance companies are not on the other side of the fence for their clients- they are working with you, wanting the teens to be better drivers, to be safe on the road. Technology is helping us to accomplish what we never had thought possible before. It is not about spying on our teens, it is about helping the students, the teens and our beloved young drivers know their own driving habits in order to help them improve their driving.

Let us check out what the efforts are and how the companies are contributing:

1)       The cost of electronics devices are subsidized by the insurance companies. This is so that parents or teenagers can get these devices and install them to monitor the teen driving.

2)       Insurance companies also offer a discount to policy holder’s even teenagers for putting electronic device.

Check out what the insurance companies are offering

American Family Insurance Company has “DriveCam program”. They offered video cameras that alerted parents of their teens driving mistakes were devices were used. This was done for 2000 families.

-Cameras were free for one year. Camera offers weekly reports to parents and these are monitored and provided by independent company.

-Discount on policy holder.

21^st Century (Zurich) and Safeco Insurance (Liberty Mutual) use GPS to track driving records

-GPS given for free.

- Emails or text message sent to parents if their teenagers if the limits of time, speed or boundaries are not followed.

- Safeco even allows parents to monitor their teens driving in real time

Progressive “ My Rate”

-       Free black box

-       Free black box given even if you do not have Progressive car insurance

-       Black box records speed, braking, time of day and distance driven. Car insurance discounts given based on this.

GMAC “OnStar program”

-       GPS based

-       Incentives to all drivers who limit their mileage.

Imagine what it would be to see that you have both the benefits – cheap car insurance quotes and also having your teen safe! Get your quote now.

Check out” Drivecam”"

How do you add friend on auto insurance?

Response :  Before we go into how do you add your friend on your car insurance policy there are certain corns which you need to first keep in mind .

When your friend will be added to your car insurance policy, he would have the rights to the policy and hence, if  when your friend is driving your car, your auto insurance policy would respond. This would mean that when an accident occurs - since the car insurance policy would respond and your friend is added on your policy, your car insurance premium would be affected on the renewal – since claim is attached to your policy.

Adding your friend on your auto insurance policy

This is quite common for students or when you are staying with your friend and are using the same car  or have bought a joint car. There would be two ways you can add your friend on the car insurance – 1) As an additional Insured         2) As a listed driver.

Lets take each of this one by one to understand this better :

A difference definitely exists between an additional insured and a listed driver. Do not assume because you are listed on someone’s policy as a driver, you will be compensated for a loss. Only named insured’s, loss payees, and additional insured’s are listed on insurance claim checks for total losses.

Additional Insured:

1. Must have ownership of one or more vehicles on policy

2. May or may not drive the vehicle depending on whether or not the additional insured is listed as a driver or has insurance elsewhere.

Who is usually Added as an Additional Insured?

Co-titled Vehicles usually have an additional insured if the two people on the title are not married or listed as named insured’s together. For instance, if your friend cosigned on a car for you and doesn’t live in your household, he would be listed as additional insured. He does not need to be listed as a driver because he lives out of the household and probably has his own car insurance policy. As part owner of the car and additional insured he is entitled to compensation after a total loss if both of you owe less than the actual cash value of the vehicle.

Secondly  Leased Vehicles should always have the lease company listed as both loss payee and additional insured, sometimes referred to as combination. The lease company acts as both the lender and owner of the vehicle. In a total loss, the lease company would get the claim check. Usually, gap insurance is required on leases so you won’t have to worry about an out of pocket expense.

What is the Purpose of being Listed as an Additional Insured?  The additional insured is notified anytime a change is made to the vehicle. If coverage is reduced to storage insurance, the additional insured is notified. Same goes for if the vehicle is removed from the policy or coverage is added or reduced in anyway. It keeps the additional insured in the loop when it comes to insuring the vehicle. Additional insured’s are included in insurance claim payouts. As a owner of the insured property, the additional insured’s name is on total loss claim checks.

When should an Additional Insured be Removed? An additional insured is only removed when the name is off of the title due to a sale. After the additional insured has no interest in the vehicle they should be removed immediately. Having an additional insured listed on the policy that does not belong can delay a claim from being finalized. The owner of the vehicle is entitled to compensation if the coverage is right and the owner owes less than the actual cash value. Whether you are the additional insured or you need to add one on your insurance policy, it is important to know about how an additional insured works. Make sure the additional insured is listed properly on your policy by checking your declaration page or asking your agent.

Listed Driver:

1. May have no ownership of vehicle

2. Primary or occasional operator of the vehicle

When a listed driver would be involved in an accident with the car, the car insurance policy would respond both for liability and comprehensive coverage. Also since he is not the owner of the vehicle and has been legally given insurance coverage as an occasionaly driver – he would not be responsible for liability, if the insurance coverage is insufficent. Since your friend is not your relative, some insurance company may provide a listed coverage only if you can establish some relation with your friend  as a listed driver- by relation it would mean that if the listed driver should be staying with you, or your employee.

Think carefuly before you add anyone to your car insurance policy, since it is a question of finance. You can get your auto insurance quote or teen auto insurance for getting cheap car insurance

Buying a  car for a teenager is a challenge – a bigger one than getting them in college and university. This is true since, here the choices are unlimited for buying a car, however you need to think of the cost of teen car insurance. Yes, teen car insurance cost is very high- higher than the cost of the actual car if you consider what you pay as car insurance premiums for 2 years or less when you buy a used car. This clearly shucks!!! If you are not….. this certainly aggravates me and hence, here is something specially for you teens or your teenagers to ensure safety and cheaper car insurance since car insurance depends on the choice of your car.

Watch the video given below to find out which small cars are safe – do you have one of these cars?

Low car insurance quotes can be got for these small cars since these cars have been tested by the Insurance Institute for Highway safety  and they have reccommonded them to be safe in crashes. Since the chances of crashes are reduced and major injury are reduced in these cars, insurance companies give lower car insurance rates for these cars or vehicles.

If your car is not in this list check out our next post which is going to discuss some more cars. Which car are you driving?

Small cars Chevrolet Cruze, Chevrolet Sonic, Chevrolet Volt, Ford Focus, Honda Civic 4-door, Honda CR-Z, Honda Insight…. get more information on what Insurance Institute for highway safety says.

Thanks.
Drive safe and save money.
Kamlesh

Lindsay Lohan in car accident – do you have the right teen car insurance coverage?

Lindsay Lohan was involved in a collision which “Totaled her car”. She was hospitalized and emerged uninjured from a collision with a dump truck on a coastal highway near Los Angeles on Friday, returning to the set of her new movie hours after the accident left her sports car crumpled.

Santa Monica Police Sgt. Richard Lewis said that Lindsay was not under the influence of drinks at the time of accident. This was an accident caused when Lidsy’s Posche rear ended a 18 wheel vehicle, investigation is on going for the accident.  The truck’s driver was uninjured and that driver also showed no signs of driving under the influence as per Lewis..

Police are seeking witnesses to the crash, writing in a news release that detectives were trying to determine who was driving. Lohan was traveling with a male assistant to the set of her new film; the assistant was also uninjured.

Teen car insurance policy

Do you have a teen car insurance policy?  If not you should for one it is illegal to drive without insurance and secondly, you could end up in jail besides would have such a high liability that financially this might ruin you and your family.

Lets examine the teen car insurance coverage keeping in prespective the accident Lindsay had. Anyone could land an accident like this:

Car is totaled: The claim for damage to the car in an accident – which is a collision in this case, would be paid to you, if you have the collision coverage on your teen car insurance policy, If you do not have teen car insurance coverage of a collision, you could recover in case of collision to your car only if the other party was a fault -100%. Normally a rear end accident would be considered  a fault of the driver who rear ended by the rule of thumb since each driver is supposed to keep a minimum distance of 2-3 cars. However, each accident would be judged based on all the information gathered on this and the witness to the accident.

Lindsay was hospitalized. You would be paid for the hospitalization benefits or medical benefits for an accident for a car accident, if you have PIP coverage on your car insurance policy. PIP means personal injury protection coverage. The other party would be paying for your hospitalization benefits, if he or she was clearly at fault.

Car insurance coverage or teen auto insurance coverage would be very easy for your to understand now since I have demonstrated this with an example of Lindsy Lohan.

Summary : Ensure that your teen car insurance policy has the right coverage. If you have an expensive vehicle you would need to have comprehensive and collision coverage both. Its best to have medical coverage of PIP if you are driving a vehicle and do not already have any medical coverage. The PIP coverage is cheaper than medical insurance coverage, but would protect you only in case of a car accident medical emergency.

We all are now very familiar with that car insurance is not only dependent on the car you drive though your car is the subject matter of insurance. You need to appreciate that all the other factors like the geographical location, how congested is the place you are driving your car – a big city or a country side and many other consideration will make up the final magical figure of car insurance.

 That being said, insurance companies go on the statistics, the insurance highway safety rating safety rating score. You can go to Insurance highway safety link here to check out the safety features. Insurance link . In government crash test ratings the car did perfectly. For frontal impacts the Rav4 received whether perfect 5 star, or 4 star rating. Side impact crash tests received a perfect 5 star rating. People results might help make certain that Toyota Rav4 vehicle insurance can be as low from the quote as you can.  Let us also check out the other features which would ultimately affect your cost of the insurance and driving the vehicle.

 Features of Toyota RAV4

Spacious, easy to operate a vehicle, the 2012 Toyota RAV4 is great choice for just a little-to-midsize crossover Vehicle, especially if you need a V6 or possibly a practical kid-size third-row chair. Yet newer rivals are extremely worth a peek.  Strong energy and fuel usage from optional V6 huge cargo space with flat load floor and low load height comfortable ride responsive handling. The disadvantage to this car is that interior features a budget feel right-side hinge for tailgate impedes curbside loading for taller drivers.

RAV4 does not appear modern to look at, it’s fully as much as class rivals in performance. The bottom 179-horsepower, 2.5-liter four-cylinder engine is smooth, responsive, and it has enough energy to help keep most motorists happy, while a 269-hewlett packard, 3.5-liter V-6 remains optional as a result, it is able to sprint with hot-fishing rod-like authority or accomplish astonishingly quick passes. All RAV4 models include a computerized transmission-four-speed using the four-cylinder, five-speed using the V-6. Either in situation, the RAV4 is provided with either front- or four-wheel drive. The not compulsory AWD system uses electronic control to transmit energy rearward when slippage in-front is detected, while offering a genuine 50/50 fixed energy split having a 4WD Lock mode.

Factors of the car that Determine Insurance Costs

The factors which decide a car insurance cost or rate based on the model is the safety and security of the vehicle . The security and safety features of Toyota are as under :

 All automobiles come standard with Toyota’s star safety system

Enhanced Vehicle Stability Control (VSC)

Traction Control (Trac)

 Anti-Lock Brake System (ABS) with Electronic Brake Distribution (EBD

Side Curtain Airbags

The Toyota Rav4 is fantastic for insurance because although it is a Vehicle it carries typically the most popular security measures you recognized in the family sedan. The safety features above won’t dictate a specific insurance rate, nonetheless they will have a way to lessen the cost of covering your car.

  The excat rating attributed to the vehicle is not known to anyone since this is a built in factor and would vary from insurance company to company and also would differ for the same insurance company based on their own claims experience for that particular class of vehicle.

Expected Car insurance cost for Toyota RAV4

 The average American pays roughly $880 yearly on insurance. Now remember that there is a great diversity of vehicles insured on the road, from brand new to very old. If you are looking for rate quotes on car insurance for a new or used 2012 Toyota RAV4 then you’ve come to the right place. The average 2012 Toyota RAV4 insurance prices range $1,304 – $1,393, however this is based on the minimum coverage’s and the assumption that it is low mileage, clean credit and driving record for a middle aged 15 years experienced driver.

Other factors which affect car insurance cost

Beyond the available safety features there are many other factors the insurance providers use to give you a quote. To get the absolute best price for your Toyota Rav4 you will have to shop around and compare different quotes from a wide variety of insurance companies. Some of the other factors considered include your credit score, claims history, and where you live. Of two people with identical vehicles, a person living in a rural area will pay less for insurance than someone who live in or near a city. How much you drive will also determine how much it costs to insure your Rav4.

Tips to lower Toyota RAV4 car insurance or teen car insurance

For getting low car insurance you would need to get higher discounts which can be obtained by

Lowering the deductible

Buying multiple insurance with the same carrier

Getting safety discounts

Getting good grades discounts

Maintaining an excellent driving record

Keeping low car insurance mileage.

Best of all compare teen auto insurance quotes here and get your low car insurance cost.