When it comes to car insurance for a 16 year old driver, many people get confused about the process and it is expensive as well. A parent can add a teen driver to their policy and will have to pay more than $3,000 to buy full coverage. Moreover, if a teen driver has his/her own policy, car insurance will be higher i.e. more than $6,000 and may even be up to $10,000 depending on your state.
Now, a car insurance cost for 16 year old female and male would always be higher, since they are considered as the most risky drivers. Let’s have a look at some ways that can help you lower the premium rates of teen drivers and find the cheapest auto insurance for 16 year old.
Get cheap estimate car insurance for 16 year old
You can lower the car insurance cost by taking benefits of discounts and other perks offered by various insurance companies for 16 year old drivers. Some of them include:
Good student discount
The students who gain good academic grades are eligible to get a good student discount. It is available for students under the age of 25 and can help them save hundreds of dollars. You must maintain your good performance in your school or college to enjoy getting this discount for the eligible age.
Drive fewer miles
If you are a driver who drives a few miles annually, you may be qualified for getting a low mileage discount and reducing your coverage cost. You just require informing your insurance company and install a telematics device in your car that will monitor your driving behavior and the distance you drive. This discount is great for those who drive very often.
Driving training course
As the 16 year old drivers are very energetic on the roads, it becomes beneficial for them to get an additional driving training course that can help you to learn safe driving. In some states, you can get a discount of 10 – 15% for taking a defensive driving course. First, check this with your company and make sure that such a course will lead to a discount.
Student away discount
Many insurance companies offer this kind of discount to the students who are living away from their homes during college or high school. If you are one such 16 year old driver, you can receive a discount of 5 – 10% on your premiums, but there are many companies that offer up to 30% discount, thus saving a huge amount.
Raise your deductibles
One of the easier ways to reduce your premium rates is to increase your deductibles. Though teens are more likely to be involved in the accidents, raising your deductibles from somewhere $500 to $1000 will help you in lowering the annual premiums by around $400. Moreover, if you are driving an old car, then you can choose to drop collision and comprehensive coverage.
Apart from these, it is also advised to check with your insurance company for other discounts you are eligible for. These can be a multiple vehicle discount, a bundle of insurance and others, and get additional savings.
If you are looking for cheap car insurance for a 16 year old male or female, Alias insurance can help you in getting a variety of discounts and reduce the car insurance premiums. The experts also provide you the guidance to make the entire insurance process easier, quicker, and smooth.
