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.

Howie: Thanks for your information on speeding tickets. I am glad that I can still get cheap car insurance, if my offence is not continous.

Speeding tickets and cheap car insurance

Response : Howie, we were discussing the cost of the speeding ticket. Today, let me discuss something which has recently come to light and that is the fact that your speeding ticket can cost you your job also. In case you are driving for your employer and your job involves driving than you will have to be careful how carefully you drive. Your driving history is not only important for the insurance company and for you to get cheap car insurance rates, it is also important for you to maintain your job.

Insurance companies are not only deciding on your insurance but are also deciding indirectly if you can be employed. When the employer goes to insurer you, the insurance company may deny your insurance or charge a high premium if your driving record is bad and thus your employer may decide not to give you your job. This is something the young drivers have to keep in mind.

Insurance companies are considering your driving record in great details and this is becoming a deciding factor of rating. The more driving activity a person has the more likelihood of an accident or getting involved in an offence like speeding. Secondly, your driving history is important whether you are driving your own car, your company’s car or your friend’s car.

The employers are also becoming more careful if you are driving the company’s car and have a bad driving record, since the liability which the company can get might be higher than the coverage that they have taken on the policy.

Young drivers, teens or college student should always remember that cheap auto insurance is not the only thing for what you need to keep a good driving record but it is going to affect your job also. If you want to have a cheap car insurance premium and if you want to make sure that you have a job in the future it would be important for you to have a good driving record. Good driving history would give you cheap car insurance – guaranteed.

Howie Schultz : How much would a speeding ticket really cost in terms of car insurance and other costs?

Speeding tickets- can cost you your cheap car insurance.

Response : Howie, yes speeding tickets can prove very costly in terms of other cost and can also deprive you off cheap car insurance rates, since insurance is dependent on your driving history. Well do not be dispappointed and dejected since for every thing there are solutions and I will show you the solution.

When a driver is pulled over by a police officer and issued a citation, the first thing they look at is how much the ticket is going to cost them. They flip it over and read the number and think that is all it will cost. However, receiving a ticket carries several hidden costs. :
1) The first hidden cost is time. Often people are caught for speeding and say they were running late, they were trying to make up time.
2) They have to pay the fine, appear in court.
3) They need to find out details of a safe drivers course, pay for it and take it.
4) The biggest cost though is usually felt in insurance rates. A ticket’s cost in insurance premiums is often many times more than the fine associated with the violation. Some violations can even result in a company dropping a driver’s coverage or refusing to renew coverage. Your auto insurance premium will be higher and the driving violation will on your record for a period of 3-5 years depending upon the state you are living in. Let me tell you a truth, which is that the auto insurance company will charge you a higher premium not for one year, but for three years. You loose your cheap auto insurance rates.

Yes, the solution is there and it is to compare your auto insurance quotes online, to improve your driving record since just one ticket is not going to crucify you. It would be worth-while to seek an appeal for the speeding ticket, since if it is the first offence the court will also let you off. Another very important thing for young drivers, fresh drivers or college students is too take up the graduated driving lessons which will give you discounts and so your increase ratings would not affect you – you would still be on the scale of a cheap car insurance quote which you were enkoying previously.

I am sure that you have done the research and compared the policies and you know that you have found the cheapest auto insurance rates. The real key, however, is keeping that cheap auto insurance rate. The best way to keep auto insurance rates low is to keep a clean driving record. If keeping a clean driving record means an improvement in your driving record it may be time to compare auto insurance rates with other carriers and discounts for good driving records can vary from company to company.However, the best thing to do is to be careful, not to speed as far as possible.
Thanks.
Kamlesh

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.

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