Teen auto insurance and teen safety

AnikSingnal :

Is October a dangerous month for teen safety and teen auto insurance quotes?

Teen auto insurance quotes and teen safey, it really matters

It is no secret that auto accidents or car insurance claims are directly related to teen safety andteen auto insurance rates. The higher the number of accidents, the higher the cost to the insurance company and the higher would be the cost of teen auto insurance. Auto insurance companies are continuously conducted surveys and examining the data to find out more details on the crashes, so that they can have the correct auto insurance rates assigned to the exposure. The recent data from State Farm claims that October remains the most dangerous month of the year for teen safety and teen accidents are higher in this month. According to claims data spanning the last seven years, the highest number of injury or collision claims filed by 16- and 17-year-old drivers continues to hit a high point in October, spiking by about 15 percent when compared to other months of the year. State- Farm has been evaluating this data continuously each year from 2003 onwards

Why is October a dangerous month for high rise in accidents and surge in teen auto insurance rates?

The high rise in the teen auto accidents and increase in teen auto insurance rates is mainly because the teen drivers 16-17 years old have just started school and the weather conditions do also change in October. However, the fact has been revealed in the survey that the real cause of higher teen auto accidents are that the teens are in conflict. The teens are lacking the awareness and skills of driving and are really nervous. The teens are upset and scared to get involved in an accident and this was revealed by 70% of the teens participating in the survey. Besides this more than 50% agreed to distracted driving.

There is no specific clue on which you can arrive at a conclusion as to why October is the month when the teen auto accidents are higher and teen safety becomes an issue. However, some the reasons for this is because September when school starts the students and teens are precautious in the initial stage, however when October starts it is possible that they are not as attentive on the road as desired. Secondly, they indulge in distracted driving since to them their friends and responding to their friend is very important, hence they do not realize the dangerous of distracted driving.

How can you help reduce teen auto accidents and get cheap teen auto insurance?

As parents you need to guide teens and explain to them the dangerous of distracted driving. It is best to talk to your teens as often as possible about driving safety and tips. Demonstrate to them the driving safety when you are driving your vehicle and they are with you.

It would be a good idea to make them responsible for their own auto insurance payment. This way they would be more responsible when they realize that a single accident can shoot up their teen auto insurance premium through the roof. They would start taking all measures to remain accident free. You would be surprised that they would start taking a keen interest in safety driving lessons, or any online information that they can find. This would help them to get a good driving history which is a pass for cheap teen auto insurance quotes.

Get your teen auto insurance quote now, since comparing teen auto insurance quotes is the second most beneficial way to get cheap teen auto insurance quotes.

Johnny Carson : Is your use of credit card affecting your teen auto insurance quotes?

How can you get cheap car insurance by making changes to your credit card use?

Credit card use and relation to teen auto insurance quotes

Students, young drivers or college students are using credit cards more and more to finance educational expense. This is not surprising in the challenging market for jobs and the expense of college education. Managing credit cards and finance is a real challenge. Though most college students or young drivers do not realize it finance and credit ratings affect not only one area but a lot of areas of your life. Establishing a good credit rating is very important for getting teen auto insurance quotes or cheap car insurance since insurance companies always check the credit ratings and base their car insurance quotes on their credit.

As per a study for 2009, on average, students have 4.6 credit cards, and half of college students had four or more cards. The average (mean) balance grew to $3,173, higher than in any of the previous studies. And, only 17 percent said they regularly paid off all cards each month, and another 1 percent had parents, a spouse, or other family members paying the bill. The remaining 82 percent carried balances and thus incurred finance charges each month.

How good credit can help you in getting cheap teen auto insurance quotes or cheap car insurance and other areas.

Good credit can help you in getting cheap teen auto insurance quotes , cheap car insurance rates and even cheap home insurance rates. As per the insurers, if a person can handle their financials well than they are responsible persons. A responsible person will maintain their vehicle and also not be an aggressive driver. Logically, the driver is the main person who is responsible for car accidents or car insurance claims, and thus the probability of loss would be very low for a responsible person. Insurance rates are based on probability and since the probability of loss is less here, you automatically qualify for cheap car insurance or cheap teen auto insurance quotes.

Your credit rating will help you getting a job, renting an apartment and even securing loans if you want to start a new business.

How to maintain good credit for cheap teen auto insurance quotes

Once you are able to maintain a good credit rating than getting cheap teen auto insurance quotes or cheap car insurance is easy or for that matter any insurances.

The best ways to maintain good credit is to pay your outstanding amounts in time or keep the balance outstanding as low as possible.

Secondly set a budget and stick to the budget.

Third keep in touch with creditors so that you do not miss paying a bill if the same is misplaced in the post since any non-payment is going to hurt you.

Last but not least, monitor your credit report and keep on checking your credit rating once a year.

A positive credit is going to earn you cheap teen auto insurance quote and cheap car insurance.

Jenffier Garnier : I learnt a lot on how to get cheap car insurance for young drivers and a cheap auto insurance quote for my car . Thanks I saved $477/- per year. I have some querries for auto insurance claims. What if I meet with an accident when I am a passenger in a car? Will I qualify for cheap car insurance if involved in an accident as a passenger?

Teen auto insurance and car insurance claims
Response :Jennifer, thanks for sharing with me that you got cheap car insurance for young drivers from here. Your satisfaction is most rewarding for me. When you are involved in any auto insurance claims situation if you are aware of how to go about things, it saves a lot of time and grief on both sides – yours as well as the insurance company.

There will be two situtations where you are the passanger of a car involved in an auto accident. One is when you are riding in the car out of choice in your friends vehicle or family vehicle. As a passenger, you can collect for damages from one of two ways: 1) under your driver’s medical payments coverage or 2) filing a claim against the at-fault driver’s liability coverage. You must collect like the driver, all important information—names, addresses, license numbers, policy numbers, etc. How much you will be paid would depend upon the extent of your injury, how much coverage your fried or family has, how many people were involved in the accident, and on how well insured the other drivers are. This is because under liablity there is a per person and per accident limit.

Taking another example, if you are riding a cab as a paid passenger and are involved in an auto accident, than besides the above ways of claiming you have another option. You can file a legal suit against the cab driver or the cab driver’s company claiming for your injury and any other damages resulting from the injury.

Will I qualify for cheap car insurance if involved in an accident as a passenger?

This will not blemish your driving record since you were not driving and also not affect youa auto insurance rates since it was not involving your vehicle. You will still get the cheap car insurance rate on your auto insurance policy which you can continue to enjoy.

Thanks.
Happy Valentie Day.
Kamlesh

Jeff Walker (New York): I live in New York and am a teenager. I want to know what “No fault” insurance is and whether or not this would affect my auto insurance?

No fault insurance
Response: A very interesting question. The main intent for brining in “No fault” insurance was to enable cheap auto insurance rates. Normally the auto insurance rates increase due to the expense of loss or car insurance claims payments and legal expenses for settling the claims. To avoid legal payments No fault was accepted by many states like Colorado, Florida, Hawaii, Kansas, Kentucky, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Dakota, Pennsylvania, and Utah. The more the insurance companies save on auto insurance expenses the more cheaper auto insurance rates can be.

When you have an accident under a no-fault system, your insurer automatically pays for your damages, regardless of fault (up to the specified policy limit). In exchange for this guaranteed payment, you must give up some of your rights to sue the other driver involved in the accident. There are elements of no-fault in all auto insurance coverage. For example, medical payments and property damage are typically paid regardless of fault.

Here the intent of No-fault insurance is to reduce auto insurance premiums by reducing the number of automobile accident cases in the courts, by restricting recovery for pain and suffering damages, and by providing limited payment for losses.

However, for New York, as per the latest as per the Insurance Information Institute (III), New York’s auto insurers saw their typical no-fault payment for the medical care of accident victims rise by 56 percent to $8,748 per claim in the second quarter of 2009. In late 2004, the average no-fault payment stood at $5,615 per claim.

In a speech to the New York Insurance Association (NYIA) this week, Robert Hartwig, the group’s president, said the insurance industry, the New York State Insurance Department, National Insurance Crime Bureau and law enforcement agencies continue to investigate suspicious claims vigorously, but loopholes in the no-fault system make it particularly vulnerable to what he described as “fraud and abuse by a ‘no-fault industry’ of corrupt medical professionals, attorneys, and street-level criminals who work on their behalf.”
“The costs of fraud and abuse of the state’s no-fault system ultimately are borne by New York’s honest policyholders,” Hartwig said. “New York’s no-fault claim costs are now the second highest in the country and are 111 percent higher than the U.S. average of $4,152.”

This would mean either that the cost of auto insurance premium will increase for New York and secondly as per the insurance companies they would have to take more preventive and loss control measures so that the claims can be curtailed and kept very low.

It would be best for you to shop online for cheap auto insurance quote. Please check out the quote here. You will be suprised at the amount you can save.

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