Shawn White : My teen – a young student has moved back home. He had his own auto insurance policy but now with my job gone. I am lokking for cheap students auto insurance quotes or teen car insurances. I cannot afford the high auto insurance premium. Please help me to get cheap car insurance?

Teen auto insurance : Cheap car insurance
Response : A recent Pew Research Center study found that, in the past year, nearly 13 percent of parents with grown children have had at least one of their adult sons or daughters return home to live for financial reasons. Saddled with college loans and unexpected job loss, these young adults are forced to live at home until they can find a job and get their finances back on track.

This is a time of economic down turn and with the layoff in the jobs, bad employment situation, you are not the only one. Yes, you might be considering the auto insurance coverage.

Teen auto insurance coverage is another important consideration. Does the young adult have his or her own car that needs to be added to the parent’s policy? Or does the young student need to be added as another driver of an existing family vehicle? The good news is parents can keep any member of the family on their auto insurance policy as long as that person lives in the same house. But rates may increase and to decrease this and get cheap auto insurances and the best car insurance rates you must start looking for additional discounts.

Here are some additional discounts that you can have – multiple auto insurance discount, multiple polices discount – coverage for home and auto insurance together gives you a discount of 10=15% on both. Low mileage discounts, anti-theft discount. You can still get your good grades discount and of course compare auto insurance quotes online to get the best auto insurance quotes. I am sure you will find cheap auto insurance quotes.

Tim Schmidt : Why are auto insurances expensive for young drivers? I am looking for cheap auto insurancesfor teens or youg drivers, please let me know how I can get this?

Cheap auto insurance for young drivers :
Response : . Most young drivers, or teens will soon realize that there is a good chance they will have to pay a high auto insurance premium. This is due to the fact that they are considered a high risk because they are inexperienced and young. Studies have revealed that young males are more careless drivers than young females. Statistical research affects auto premium costs. Fortunately, there are number of measures a young driver can implement in an effort to obtain really cheap auto insurance or cheap teen auto insurance quotes. It is not just a responsible act, but the law mandates that all drivers have auto insurance

I have already touched on this in a nimber of my articles, however, here are some of the ways in which you can obtain cheap auto insurance quotes for young drivers.
•Young drivers can be added to their parents’ auto insurance policy. A teen can pay for the extra costs associated with the new addition to the policy. Parents can play an important role in obtaining cheap auto insurance for thier teens. Parents be are the biggest influnece and the best teachers, who can teach their teens all the does and don’ts driving, volation and teach them the good driving habits which would win them cheap auto insurances.
•Premiums are affected by the type of car driven. Expensive cars will have higher premiums. Young drivers should start out on older used cars.
•Maintaining a low mileage will help lower auto insurance premiums. Parents can implement a limit on how long their teen can drive the car.
•Schools and community organizations offer young driver training programs. Many insurance companies will reduce their rates if a young driver has completed a certified driver training program
•Never purchase the first insurance policy offer. Comparing insurance quotes will help one find a cheaper auto insurance plan. There are web sites that provide online quote comparisons from several different insurance companies.
•Theft is a major factor insurance companies consider when calculating premiums. Installing security devices such as a theft alarm, steering wheel immobilizer, and strong locks, will help reduce insurance premiums.
•If a young driver is still in school, insurance companies will often offer discounts for students who can maintain a grade A average.
There are many reasons why auto insurance is expensive for young drivers. Research shows young drivers are more prone to receive a traffic violation such as a speeding ticket and get into a vehicle accident. The best step a young driver can take is to maintain a clean driving record. Once one has proven that he or she is not a high risk, the premiums will decrease. Most auto insurance companies will reduce the insurance premium of a new or young driver after three years of driving experience that does not contain any traffic violations.

Acquiring cheap auto insurance for young drivers is possible. Researching insurance companies, implementing methods that will help reduce premium costs, and maintaining a clean driving record, will all play a big role in securing cheap auto insurance.

Andrea : I am a young driver and do you have any ideas of how to get cheap car insurance rates for young drivers ? I know that we fall in the high risk class.

Response : Andrea, I would like to give you the basic five tips for getting the cheap car insurance rates for young drivers. :

1) Slow down. Young drivers who have had accidents or serious traffic violations usually pay more than those with clean driving records, so consider safe driving a financial investment. Some insurance companies offer as high as 20% discount on good driving records.
2) Buy the right car. A car’s value, age, safety record and repair costs, as well as the likelihood that it could get stolen, all help determine insurance premiums. Please check the article on top safety for 2010 which contains a list of cars which are safe for young drivers. These cars will certainly carry cheap car insurance rate for young drivers. Also rember that imporving your present car and adding anti-lock brakes will save 10 percent, you can save another 10 percent with airbags or motorized seat belts.
3) Drive less mileage : Young drivers or teens auto insurance is normally high though they do not drive a car more frequently since they are usually studying. As per the new programs of Pay as you go the less you drive the more discount you get.
4) Insure your property and car with the same insurer. Most companies offer atleast 10% discount if you insure multipule coverages with the same insurer. You will save on both your auto insurance and home insurance policy.
5) Study hard. In most states, full-time students who meet GPA requirements could save on auto insurance premiums with a discount of 10-20 percent.
Here is a tip, the maximum discounts that would be allowed on your auto insurance policy will not be more than 45-50% since this is the maximum allowed by insurance companies. Besides this, each insurance company will have a minum premium requirement below which they will not quote.

Try these tips and let me know how much you save.
Happy hols, enjoy your holidays with cheap car insurance rates.

Kamlesh

Steve Levis : I live in Michigan and am expecting my renewal of my teen auto insurance policy soon? Would it be possible to obtain cheap auto insurance quote?

Response : Yes, you need to maintain a good driving record and please look up my previous articles on cheap auto insurance quotes for golden nuggets.

Presently in Michigan the debate is heating up between the lawmakers and the insurance companies. The
Democratic lawmakers in Michigan are promoting proposals they say would make auto insurance more affordable and strengthen consumer protections in the state. The insurance industry and the opposition is trying to stop this and says that this would lead to elections, according to Associated Press reports.

The Democratic proposals would require that companies get prior approval from the state insurance commissioner before raising rates. A driver’s education level or credit history could not be used as factors in determining rates.

The proposed initiative would allow Michigan voters to weigh in on consumer-oriented insurance reforms that have saved California drivers an average of $3 billion per year since being enacted in 1988, according to consumer advocacy groups Consumer Watchdog and Consumer Federation of America (CFA).

Those groups said a 2008 CFA study that reviewed insurance regulations around the country and determined that the California system, on which the Fair Affordable Insurance Rates (FAIR) proposal is based. This has been the most effective law in the nation in creating an auto insurance market that is competitive, has low rates and protects consumers from abusive insurer practices.

They maintain that auto insurance rates in Michigan are around 12 percent higher than the national average. The proposal, according to the consumer advocacy groups, would reduce rates in Michigan by 20 percent. It would require insurers to base rates primarily on a motorist’s driving record rather than factors like their ZIP code or marital status, which currently dominate the pricing structure of many insurers.

The insurance companies are objecting to this, however, the reality is that the market is shifting in favour of the consumers and they will ultimaltey benefit and get cheap auto insurance quotes. It is also time the consumers were favoured.
Thanks.
Kamlesh

Tony Robinns: Christmas is round the corner and my sons birthday is in December. I want him to buy a sports car – a Ford Mustang or a Ferrari or a Lamborghin. Someone was telling me that the teen auto insurance quotes for sports car is very high. Is it true and any tips would be appreciated.

Response: Tony, I am glad that you are thinking of gifting a sports car to your son. A Ferrari seems to be a handsome choice. Well, teen auto insurance quotes and car insurance rates are very high for any car. When you are gifting the sports car, I know that you are prepared for a high car insurance premium. This is a reality and no one can claim that they can get cheap rates with a combination of a teenager and a sports car since both are perceived as high risk by the auto insurance or car insurance companies.

Now without wasting much of your time, here are a few tips which can help you in getting a good auto insurance rate for the Ferrari.
1) Ensure that your son has a good credit rating and maintains this, since auto insurance rates are linked with credit.
2) Your teen’s driving record is very important. A clean driving record will go a long way in saving auto insurance premium even for sports cars. Talk to him and ask him to stay away from drunk driving, agreessive driving and distractions.
3) Shop around for the best insurance rates since a little bit of research will certainly go a long way. Each insurance company differs in their rating philosphy and so you can certainly find a good insurance quote by comparing the auto insurance quotes.
4) Review the auto insurance coverages and go for right car insurance coverages . The optimum limits and the optimum coverage should be the focus, since getting something good and befitting is the aim here.
5) Go for the speciality insurance companies since they offer better rates for higher risk.

I know your focus is getting the right auto insurance policy rather than cheap auto insurance policy and this will not be a big deal.
Enjoy your rides with your teenager! Have the thrill, speed and pleasure when the risk is passed on to the auto insurer.

Thanks.