Auto insurance – new driver, cheap liability
Read this and save 40% to 50% on your car insurance by following these 6 easy steps to reduce your rates. Automobile insurance is higher for new drivers but even new young drivers can save a substantial amount of money by taking advantage of these discounts.
Car insurance companies will calculate the rate of information about the driver. If you have a good driving history with little or very few traffic tickets and no major accidents where you are at fault you can expect to have low car insurance rates.
There are steps you can take if you are a new driver to drop your rates down even lower.
6 Steps to save money.
1.Get cheaper liability car insurance. 20% Savings.
You can only go with liability insurance if the car you are driving is not financed. This will save you 20% as opposed to having comprehensive automobile insurance. If someone is making payments on the car the finance company will insist on comprehensive insurance to protect their investment, no matter who the driver is.
2. Drive a four door sedan.
Many new drivers want to drive a high-powered sports car and expect low auto insurance rates. It does not work that way. The bigger the engine, the more expensive the insurance will be.
3. Take drivers education. 10% Savings.
Most high schools with will have this program and upon completion will lower your car insurance rates about 10% and give you credits toward graduation.
4. Get good grades. 10% Savings.
Many new drivers are still students and if you maintain a “B” average you can drop your automobile insurance rates another 10%.
5. Raise deductible. 40% Savings.
If you raise your deductible to $1000 per accident or even up to $1500 per accident you will save yourself at least 40% on the cost of your insurance.
6. Stay on your parents insurance policy.
It is a lot cheaper to stay on your parents policy instead of getting your own policy which you do not need to do unless you own your own car.
Jimmy says if you do these six things you will have much lower prices for your car insurance.
Auto insurance new driver cheap liability is possible if you will take advantage of the steps outlined in this article.