Cheapest car insurance for 18 year old male
Tips for Getting Car Insurance for 19 Year Olds
While 19-year-old drivers are certainly young adults, car-insurance companies price their policies more in line with drivers who are 15, 16, and 17 years old. In fact, there is very little difference in the rates paid by 16-year-old drivers and those paid by 24-year olds. While prices start to go down very slightly after a driver’s 18 th birthday, the difference in price is almost negligible. As a 19-year-old, you will never find really cheap car insurance, but there are few things you can do to help mitigate the costs. Continue reading for tips to help you save on your car-insurance payments.
Keep Your Grades Up
If you’re still in school, make sure to keep your grades as high as possible. Since you’re 19 years old, you’re probably in college. In college, you’ll want to aim for a 3.0 GPA as this is typically the cutoff for most insurance company’s good-student discount.
By showing the insurance company you study hard and get good grades, you also show that you’re a responsible person. People who get good grades and are more responsible in their studies usually make much safer drivers than those who do not. How much are your good grades worth to the car insurance company? A 3.0 or higher GPA will usually get you 10 or 20 percent deducted from your regular car-insurance premiums.
Take a Driver’s Safety Course
If you failed to take a driver’s education course while you were in high school, you probably regret it every time you see your car-insurance bill. However, even if you didn’t take a course in high school, it’s not too late to take advantage of the discounts that a driver’s safety course can offer. Look for courses in your local area that teach basic driver-safety techniques. Your car insurance company may reward you with a 10 or 20 percent discount. Just make sure that the school and course are recognized by your insurance company before you enroll.
Work and Study Close to Home
Whether you’re still living at home with your parents or sharing an apartment with friends, try to choose a job or school that is as close as possible to home. The fewer miles you commute to work or school every day, the less expensive your insurance premiums will be. In fact, when you apply for a new policy, one of the first questions the agent will ask is how far your job or school is from your home. Drivers who don’t have to travel long distances will usually save money on car insurance. If your insurance company doesn’t offer a low-mileage discount, use the Internet to search for companies that do.
Choose Higher Deductibles
Ask your insurance agent how much raising your deductible will save you on your monthly payments. You may find that the amount of money that you save on your payments will more than account for the increased deductible. In fact, you can start depositing the money you save on your insurance payments into a savings account and save up for something really nice.
Related Questions and Answers
Unfortunately, car-insurance rates do not really start to drop until a person’s 25th birthday. While three years of clean driving will certainly result in slightly lower rates, the drop will not be huge. Insurance industry research shows that accident rates for teenagers and young adults are much higher than for drivers over 25 years of age. This is why rates do not drop until the age of 25.