Articles Editor's Blog Reader Mail

Car Insurance for Teenagers Bluefield WV

Why does car insurance cost so much for our teenagers? Insurance companies seek to limit their exposure to high level risk with higher insurance rates for 16 to 24 year-olds than for any other age group.

Allstate Auto Insurance
(888) 355-7971
3213 E Cumberland Rd
Bluefield, WV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
548 E Riverside DR B
North Tazewell, VA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Stanley- Robert A - State Farm Insurance Agent
(304) 325-7070
17 Airport Square
Bluefield, WV
 
Guardian Insurance
(304) 325-2160
210 North Street Frnt
Bluefield, WV
 
Riedman Insurance
(304) 325-2421
Plaza 460 P.O. Box 1420
Bluefield, WV
 
Allstate Auto Insurance
(888) 355-7971
2348 Virginia Ave
Bluefield, VA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Skeens Insurance Agency Inc
(304) 589-3260
USRoute 52 North
Bluefield, WV
 
Sam J. Baker Agency
(304) 589-7283
4132 Coal Heritage Rd
Bluefield, WV
 
Nationwide Insurance Agency
(304) 325-8441
1313 Bland Street
Bluefield, WV
 
State Farm Insurance Companies
(304) 325-8659
308 North Street
Bluefield, WV
 

Car Insurance for Teenagers

Provided By: 

Car Insurance for Teenagers

It's a right of passage for most teenagers to get their license. We smile proudly and tell our friends that our teen got their license on the first try. Then, we get the shock of a lifetime when we find out how much it costs to insure our new young driver.

Why does it cost so much for our teenagers? Drivers under the age of 25 pose the greatest risk to insurers because of their high level of at-fault accidents. It's that simple. Insurance companies seek to limit their exposure to this high level of risk by charging higher insurance rates for 16 to 24 year-olds than for any other age group.

One trick you can use is the same one that parents have been using for decades. It is possible to add a teenage driver to a parents existing auto insurance policy as an occasional driver; once that teen has a permanent drivers license. While this can still be relatively expensive compared to the cost of insuring an adult, it usually saves some money on the cost of insurance overall.

It may even be possible to get a discount directly on your teen driver, if you've invested in your child's driver education. If your teen has taken a defensive driving course, this is likely to get you (and your teen) a break on the cost of insurance. It's well worth the time and money.

My parents took advantage of all of the above. I took a defensive driving course. I was listed as an occasional driver on their insurance. In addition, they purchased a less expensive, older model vehicle that was ultimately shared by my siblings and myself. As a result, my parents saved even a bit more money on my insurance because I was listed as an occasional driver only on the older model car. How can this save you money? Well, older vehicles generally pose less risk to an insurer because repairs tend to be less expensive. Therefore, the insurance premium cost is going to be even lower than if you had your teen listed as a driver on your family vehicle. It also ensures ...

Click here to read the rest of this article from Insurance Guide 101

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap