Insurance price tags have become the talk of the town, and nothing is more vexing than that which is related to younger drivers.
It's the absolute truth. Adding your teenage son or daughter to your auto insurance policy can be a mighty expensive endeavor. To be fair, there is good reason for insurance companies to demand more on a premium quote: it is simply because there is more of a liability risk with a car, van or truck teenage driver!
In order for the average Joe to understand precisely why that young driver amounts to a double headache - one for you and another one for your insurance carrier - I've brought some super underscoring facts. The ratio in regard to age-related collision statistics speaks for itself.
Did you know that teenage drivers between the ages of 16 and 19 years old have double the chance of causing a crash than 18 to 19 year old teens? Did you know that teenage drivers between the ages of 16 and 19 years old have been involved in auto collisions more than four times as much as senior citizen drivers?
The facts definitely get more sobering when exploring further statistics.
The median auto insurance rate rises across the country by one hundred, fifty two percent upon inclusion of a teen driver. There’s another issue as well: male teens are pricier than females - with the median cost for an added teenage boy rising one hundred, seventy six percent, and the average bill for a policy that includes a teenage girl rises one hundred twenty-nine percent. Moreover, the state of CA has the highest rise in premiums when adding a teenage driver - more than two hundred percent!
How do you save on a policy that includes a teen?
Now that households with teen drivers have been informed of the bad news, here's a bit of a silver lining that will help swallow the bitter pill. There is a tremendous difference in insurance rates between companies and various states. Though sifting through the many sources for the layman can prove incomplete at the least and cumbersome and daunting at the best, thankfully, there is an alternate prevailing route.
By partnering with an experienced, independent insurance agency that has an abundance of company resources at its fingertips, you will be presented with tailored coverage at competitively lowest quotes that are buoyed by significant bundling savings as well as other great sources of discounts.
Of course, in order to locate the appropriate agency that delivers on its promise, it is wise to evaluate associated performance. The best way to do that is by getting good reports about a particular place - from those who are satisfied customers. After that, you're free to enjoy the coverage benefits of an exceptional ride! Best of luck and bon voyage!
PRIME Insurance is that independent agency that more than 10,000 satisfied customers will refer you to. Presented with numerous industry awards for the excellence that it touts, PRIME has also been appointed to do direct business with over 40 of the leading insurance companies - such as ACE, AIG, AMERICAN MODERN, CNA, FOREMOST, GUARD, MIDDLE OAK, PROGRESSIVE, Safeco, USLI, ZURICH and more.
We're providers of nationwide plans, including NJ auto insurance, business, homeowners, general liability, umbrella, life and more. Experience us on the web at http://www.primeins.com/, email us at PRIME@primeins.com or call us directly at 732-886-5751!
Article Source: http://EzineArticles.com/expert/M_Wyzanski/2158115
Article Source: http://EzineArticles.com/9286828