How to Find Cheapest Car Insurance For a New Driver?
If you're a new driver, finding the cheapest car insurance can be a challenge. But there are steps you can take to reduce your rates and save money on your coverage.
One way to save on insurance is to pay attention to your deductibles. Increasing your deductible amounts can cut your premiums by a significant amount.
Age
Age is one of the main factors that determine your car insurance rates. Drivers under 25 usually pay the highest rates for their first policy, but prices tend to go down as drivers gain experience and drive more carefully.
As a young driver, you can lower your costs by getting a good driving record, taking a defensive driving course, and installing an anti-theft device in your car. Also, some companies offer discounts for safe drivers, so it's a good idea to shop around for quotes from multiple insurers.
In Texas, a 16-year-old driver with no previous experience can expect to pay $1,105 for a six-month policy. After a year, the premium goes down by about $131 and after five years of driving, the rate drops by $333.
Despite this, drivers over 70 are still likely to pay more than younger drivers for car insurance. Statistics show that older drivers are involved in more accidents than middle-aged drivers, which leads to higher accident claims and higher car insurance rates.
ZIP code
When you’re trying to find the cheapest car insurance new driver, it’s important to shop around and compare prices. Your driving history is one of the factors that determine your rate, and shopping around every six months can help you save.
The United States Postal Service (USPS) introduced the ZIP code system in 1963 as a way to improve mail sorting. Prior to this, letters and packages would go through a number of different sorting stops before being delivered.
A ZIP Code consists of five numerical digits, with the first digit indicating a national area and the second identifying a city or region. The third digit identifies a central mail processing facility, also known as a section center or SCF, to which the ZIP Code belongs.
Businesses, government agencies, and individual citizens use ZIP codes to identify areas and address groups. For instance, a gas company assigns gas-meter readers by their codes, and some military reserve units detail new personnel to training centers near their homes by ZIP code.
Car
Teens typically have higher car insurance costs than older drivers, but there are ways to lower your premiums. You can lower your deductible, add anti-theft devices and choose a safe car.
Young drivers can also save money by staying on their parent's auto policy for as long as possible. This option can help them avoid high costs when they’re starting out and can save thousands of dollars over time.
GEICO offers some of the cheapest car insurance rates for new and younger drivers. Their cheapest rate for a 16-year-old male is $257 per month, which is dramatically cheaper than the average premiums of most other insurers.
The company also offers a number of other features designed to make life easier for new drivers, including discounts for good grades, membership in certain student organizations, and completion of an insurer-approved driver education program. It also offers a discount for drivers who complete a defensive driving course. These programs are a great way to learn the proper driving techniques and avoid accidents.
Driving record
The driving record is a big factor when it comes to figuring out what your insurance rates will be. Those with a clean driving history may be eligible for discounts that can help lower their premiums.
Keeping your insurance costs low starts with an accident-free driving record and avoiding any traffic tickets, including speeding fines. Also, be sure to shop around for the best rates and find ways to improve your credit score if you haven’t already.
Getting the cheapest car insurance for new drivers isn’t easy, but it can be done with the right tools and knowledge. It’s a good idea to shop around for car insurance at least once a year and compare quotes from a variety of companies to make sure you’re paying the lowest rate possible.
