Several benefits offer so much freedom, how to make a driver’s license and stepping behind the wheel of a car. Along with this privilege comes a huge amount of responsibility, and the risks that are partially negated by car insurance that every driver should buy before legally allowed to drive a car. Below we share some car insurance tips and advice for teenagers and first time drivers, including how to save some money by purchasing it for the first time.
Car Insurance Requirements in America
For the purposes of this article, we will assume that our readers have already got their driver’s license in America and are legally entitled to drive in the state. Hence, the driver of the car must be registered, have license plates and have adequate insurance coverage for teens to meet the mandatory state minimums in these four areas:
- Injury Protection Personal data: $ 50,000 Minimum
- Bodily Injury Liability Coverage: 25 000 $ per lot / $ 50,000 per accident
- Property Damage Liability Coverage: 10 000 $ for the accident
- Uninsured / Underinsured Motorist Coverage: 25 000 $ per lot / $ 50,000 per accident
Please note that the minimum amount; many drivers prefer to purchase additional coverage if they have room in their budget car insurance for teens.
Expect to pay a little more for car insurance for teens. Unfortunately, numerous studies have shown that new and young drivers are significantly more likely to be involved in a car accident than more experienced drivers, and for this reason you have to be willing to pay more for auto insurance. Insurers in the risk management business and the only way to compensate the customer with a high level of risk to charge them more than the customer at lower risk will pay.
There are a number of ways to reduce the total amount of your annual car insurance for teens bill, including driving a used or old car, which has anti-theft device installed, and more. Talk to your auto insurance agent or your insurance company of choice to learn about other ways of attracting insurance costs.
Leverage Specials As You Graduate And Move To College
Auto insurance companies are always looking for ways to encourage its clients to stay in the long term, and these incentives usually come in the form of discounts in order to achieve some form of milestones. Completion of secondary school and / or admission to college is an area where some insurers offer discounts, while others will offer discounts for academic or sports achievements in college as well. Check with every car insurance company on your short list of vendors to find out what are the discounts that!
Watch this animated video to find out more about car insurance for teens: