Car Insurance For 18 Year Old Tips

18 Year old Car InsuranceFor parents who have a driving 18 year old, car insurance is certainly another thing to think about. They will be wanting to know how much auto insurance for an 18 year old costs. You need to be creative and have all the car insurance information to save cash in insurance payments and steer your child away from accidentally ruining his insurance history. There is some debate as to whether insurance should be taken out for a driving 18 year old, car insurance however is something that is a no brainer and will make it worthwhile in case of an accident.

Did you know? Any teen below the age of 21 falls under the high insurance risk category and any claims made with the insurance company with kids this age will impede insurability of the child until they reach legal age.

How much is car insurance for a 18 year old?

If you are looking for an insight on the insurability of your driving 18 year old, car insurance companies will tell you that gender and driving experience are qualifying factors for the kind of premium your child will have to pay to be insured. An 18-year-old driver will pay an average of $4,055 per year for car insurance according to the carinsurance.com website.




Car insurance: 18 year old males

Males under the age of 21 and who are first time drivers will drive the highest insurance payments on the market, attributed to decades of insurance studies on the prevalence of teenage vehicular accidents orchestrated by a male driver. This is not a stigma or a stereotype being enforced by insurance companies but is a plain fact that has been reinforced by countless accounts of insurance claims over the years. Young men tend to drive faster, take more risks and lack the judgement of their female counterparts.

What not to do:

Arguing with the car insurance agent about why your teenage son will have to pay more to be insured won’t get you anywhere and will probably get you denied insurance coverage. For a driving 18 year old, car insurance agents that will steer you in the right direction will always work under the catch phrase of “go with the flow”. At this age you really don’t have much of a choice, and if you want to cultivate your son’s insurability until he reaches legal age you should be careful about how he uses his insurance as well.

Car insurance: 18 year old females

Auto insurance at 18, varies by state but the good news is that it can be significantly cheaper than for a male of the same age!

For example, in the state of California, rates for 19 year old males are on average 14% higher than rates for 19 year old females.

Any age before 21 is considered high risk in the insurance business. This means that if a claimant makes his insurance claim at a high risk age, his claims will become a stamp against his insurability as it will be viewed as liability based on reckless judgment.

Don’t make this mistake!

A lot of teenagers make the mistake of filing a claim with insurance companies for car repair and vehicular policy qualifiers worth less than $1000. Doing so will jack up the insurance prices for your teen once his insurance lapses and requires renewal. Having a higher deductible on the policy will help to keep the teen insured and prevent them from making claims for anything that is not a major incident.

Consider getting added to your parent’s car insurance policy as it may work out cheaper.

 

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