4 Auto Insurance Tips for Young Drivers to Save Money

​Auto insurance rates tend to continue increasing in recent years, and there is a big possibility that it will remain to climb this year. As prices are extra high for young and new drivers, this wouldn’t be good news for teens and college students, and other inexperienced aspiring drivers, since a federal research results into having newbies the higher risk rate than the older ones.

Here you are about to find out four tips that would help you save money while paying for your car insurance.   

Invest in Yourself, For Yourself
Aim to learn by taking a defensive driver training course.  This kind of training may help you master things that are beyond the basics taught when getting a license. The great news is that it usually costs only 25-75 dollars and that could be an excellent investment for yourself that would give you a discount from 5 to 15 % for three years.

Under the Parents
This strategy is usually the cheapest way to get insurance if you are a new driver. All you need to do is stay as a named driver on your parent’s policy. Your parents can apply for a multi-car discount of up to 25%.

Cheapest to Insure
If your family owns a lot of cars, having assigned to a specific one can help you to save money. Choose a vehicle that is cheaper to insure. Some companies automatically assign young motorists to the most luxurious automobile unless you tell them not to, so check and double check your policy with your insurance provider.

Shop Around Car Insurance Online
As mentioned above, having a “good student discount” typically gives you at least a 15 percent discount if you maintain a B average. But you could save your time, and instead of taking an advanced training course to have cuts, you could shop around and compare car insurance online. 

Conclusion 
Research shows that the younger the driver, the higher the insurance rate one will be provided unless you tell them otherwise. If you are targeting to pay auto insurance at a considerable price for good coverage, you’ve got to shop wise and be knowledgeable in this field. 

At Cornerstone Insurance Agency, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (888) 661-8831. You can also request for a free quote by CLICKING HERE.