Parents of soon to be sixteen year olds worry about their child learning how to drive and being safe on the road, but they become even more worrisome about their own wallets when they begin to realize how much it’s going to cost to insure their new driver. It’s no secret that drivers who are 16 get charged a high rate to have insurance on themselves and their vehicle. They haven’t had adequate time to prove to their insurer that they can in fact drive with caution, and with all of the statistics stating they will most likely be involved in accident there’s no room for the new driver (or the parents) to argue. The best thing for parents to do is instead of wasting time worrying about how to pay for the policy, search for a cheaper policy or company instead. It doesn’t have to be a poor quality company by any means, but other companies may offer a cheaper rate for the same policy your current insurer offers now.

Parents might ask themselves, how do we go about finding better or cheaper rates for our teen driver? The answer is simple; stop here at Online Auto Insurance. We can provide any driver with a list of quotes from quality companies in a side by side comparison method, which makes it very easy for anyone to find the cheapest company for their new driver. With an easy process of answering a few questions, you will save time in the quest for the best price on 16 year old drivers insurance. A parent could spend time in the evenings gathering information about other insurers, such as the prices they offer and where they are located. However, many insurers are closed in the evenings, which prevents a problem in gathering their data. We offer our services seven days a week, 24 hours a day. We’re never closed, and we’re always here ready to help insured and uninsured drivers find auto insurance.

In searching for the lowest price on teen insurance, there is some information that is needed by the insurer, or in our method’s case, information that will be needed by us. One benefit here is that the applicant will only need to answer the list of questions once and they will still be given a list of quotes from a number of companies. Without using our system, people will be asking and answering the same questions over and over again as they speak with different insurers. The questions we will be asking applicants are based on the driver and vehicle needing to be insured. These will include the driver’s name, age, address, driving history, and gender. The vehicle information that’s needed is the mileage, where it’s driven, and the make, model and year. In some cases the VIN may be needed as well. After this information is given, there will be a choice about the coverage that is desired by the driver. The applicant can choose the type and the amount wanted.

When the questions have been answered, the applicant will be given access to a listing of quotes and the insurers that are providing them. When the person has finished reviewing the prices and companies, they will have the opportunity to purchase the policy they find most fitting to their situation, but they are in no way obligated to purchase anything.

At this point, parents have a few options when looking at getting the best price to insure their teenager. Obviously they can use our quote comparison tool to find which price is lowest but they can also utilize some other benefits offered by the insurer in the form of discounts. Almost every car insurance company will offer discounts to their policyholders and members. For a teen driver, there is a possibility they could be eligible for the good student discount, as well as any discounts relating to the vehicle they are driving. The good student discount is offered to students who have somewhere around a B or a B+ average in school. Each insurer will give the specific details about the grades that need to be earned, but students who can prove they earn the required grade point average by sending in a copy of their report card each quarter or semester will be rewarded with lower rates. There may stipulations about how long the teen has had their license before qualifying.

Another way to keep the price of the 16 year old’s car insurance low is by giving them a safe car to drive. Certain safety features in vehicles will not only provide the teen with more abilities to be safe, but they will also help get lower rates for the entire policy. Check with your insurer about what features invoke savings.

The third suggestion to get lower rates for your teen is to keep them on the same policy as everyone else in the house. By keeping all drivers on the same policy, insurers give cheaper overall rates as compared to having all drivers on their own separate policy. In addition to this idea, looking for discounts for the policyholder and other members who are not teens will keep the overall price of the policy low. Look into their driving histories and how they can be cleaned up or kept error free.

Discussing the importance of safe driving and setting boundaries with your teen driver can help keep their rates low in an indirect way. When they know the consequences that will come from their parents and the insurance company (a premium hike) if they are involved in a traffic ticket or accident may help them really pay attention to the road and avoid these mishaps. Help them by setting rules about when and where the car can be driven. Give curfews and maximum monthly or weekly mileage amounts for the teen to follow, and be sure they know the punishment for breaking rules. Parents can also demand the teen driver to help pay for their own insurance, either partially or in full, which will help keep the rate lower for the parent’s wallet.

Teenagers are excited to drive and gain this new responsibility, but it’s important they understand the rules so their premium price stays low.