Every parent dreads the day when their kid gets their first license and parents have to find their 17 year old car insurance. Car insurance for 17 years old is not cheap but you can’t afford to be without it and it isn’t likely your teen is going agree to wait until they are a legal adult to drive. There really isn’t such a thing as cheap car insurance for 17 year old, but there are some things you can do to cut the costs by thinking ahead.
Because of their lack of practical experience behind the wheel and national driving statistics, 17 year old car insurance policies begin at a higher rate. The risk with young drivers is multiplied by six times that of the more seasoned driver. Car insurance for 17 year old males is going to cost you more than car insurance for 17 year old females. The statistics show young men have more accidents. If you have a daughter getting her first license, you will be able to obtain cheap car insurance for 17 year old. This is probably as cheap as it will ever get for young people.
Putting your student through driver education will help with the cost of 17 year old car insurance. This training will also teach your child to be a defensive driver and a safer driver. Another thing which can lead to cheap car insurance for 17 year old is the student’s grade point average. Holding a three point zero or a “B” average shows the student has some level of responsibility in the insurance company’s eyes and will lower the risk they are taking by issuing car insurance for 17 year old.
The car your child drives will make a difference in the price of car insurance for 17 year old. Putting them in the family car or an inexpensive economy model with very little horse power will insure cheap car insurance for 17 year old than a sports car with lots of power in the engine. If you purchase a car for your teen, compare insurance prices before you buy. Car insurance for 17 year old also depends on other factors such as regularity of car theft for certain models and safety ratings.
Cheap car insurance for 17 year old may be available with your current company but it never hurts to compare prices. You may also discover that 17 year old car insurance policies might be cheaper with another company but also that cheap car insurance for 17 year old is more affordable if they have their own policy.
Look at their driving record. Insurance companies charge less for 17 year old car insurance if the driving record is clean. Monitor your student’s driving by riding with them often. Limit the amount of night time driving they do. All of these practices will hold the price tag of 17 year old car insurance down. Although you will never find cheap car insurance for 17 year old, you can lower the cost.
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