Considering driving barefoot? Here are some things you should consider before jumping into your car without shoes!
updated: Jan. 16, 2016 –
If you are a teenager that has just passed your driving exam then you can start looking forward to getting your license and driving on the open road. Of course, before you do this you will need to get your car insured, which may lead to a very unpleasant surprise: your premiums are very high.
The reason for this is very simple: teenagers are considered to be high risk drivers. A common misconception that some drivers have, especially new ones, is that all motorists are equal in the eyes of insurers. This cannot be farther from the truth. All insurance companies have various ways to categorize their clients, but basically all drivers fall into three categories: low risk, medium risk and high risk.
There are plenty of valid reasons why teenagers are high risk drivers, chief among them being lack of experience. It will take a few years of safe driving before you can lose this stigma. Another reason is teens often feel invincible and do not yet understand the expensive, painful and life threatening consequences of driving at high speeds or texting while driving. As you can see in the chart below, teenagers are by far the most dangerous drivers on the road.
However, all is not lost. Even as a teen, you can still get cheaper full coverage auto insurance with a little effort. For starters, raise your Grade Point Average as high as you can. If you have a high GPA, you may be eligible for a “Good Student” discount, which can be immediate and substantial.
The car you drive is also important. Fast sports cars might be cool, but they come with a hefty premium. Opt instead for a “safe” car. One with a lot of safety features that will keep you protected in an accident.
There are also various driving courses and programs which you can take even after you have your license. Passing some of these can convince certain insurers to lower their premiums for you as well.
Always compare multiple insurance quotes before you purchase so that you are sure you are getting the best rate available. Our 100% free online comparison service can help you generate multiple quotes fast. You’ll be surprised how dramatically rates can fluctuate from company to company.
Finally, drive safely. Keeping a clean record will eventually lead to reduced premiums down the line.