Best Car Insurance For Young Drivers

Questions and Answers

Your Questions About New Driver Car Insurance Rates

January 29, 2013

Nancy asks…

What’s with the whole ‘women are bad drivers’ stereotype?

All stats point the other way. Men are naturally more aggressive, men have higher insurance rates, men have a 77% higher risk of dying in a car accident, so of course it would only make sense that WOMEN are the bad drivers. Where did this generalization come from?

Administrator answers:

I don’t get this either, but who cares? I have been driving for 6 years I haven’t never been in an accident and my job pre-requisite demand I have a license.

I am in the RTA and I can safely say I have been parallel parking since my orange card. Never had any problems with driving and never had any problems with the men and women I work with. There must be some very unfortunate drivers out there, but contrary to popular belief it isn’t always women. Or I wouldn’t be getting paid 28 bucks and hour.

Mandy asks…

Anyone know a website that compares how cheap cars are to insure?

I’m buying a car soon, and I want one that will have low insurance rates and I’m trying to find some sort of graph or charts that just compares models all in one page.

Thanks!!

Administrator answers:

The best thing to do is to narrow your choices down to about 3-4 cars and them look to Consumer Reports for what they have to say.

Typically, insurance rates will vary from State to State and can even vary by ZIPCODE! It also will depend on the type of car/truck, coverages, limits of liability, and driving record. Some companies run credit scores and MOST run a motor vehicle report and CLUE (Comprehensive Loss Underwriting Exchange) report to see about undisclosed accident involvement.

The best thing to do is call a LOCAL independent agent. Don’t go across town, or to some other city – look for someone CLOSE. Just look in the phone book for the PIA or Big I (Trusted Choice) logos and you will find a professional licensed agent that will be able to help you solve your insurance problems, and give you rate comparisons of several different companies.

An independent insurance agent will normally have a dozen different companies and if he cannot help you, he should be networked with other local agents that can.

In my agency, we have companies that do NOT run a credit score and welcome drivers with “less than perfect” driving records and specialize in youthful operators!

Since it is a NEW car – you will probably have to have it financed, so, you will be compelled (by the lienholder) to carry physical damage “full coverage” on the car. Soooo….stay away from all of the cars that you would LIKE to be driving and settle for something more sedate – don’t mix numbers and letters (300ZX, Z28, 240Z, Z71, M3, Z3 and the like) – instead, lean toward the 4dr sedan like Toyota Camry/Corolla, Nissan Altima. If you want REALLY CHEAP – look at the KIAs and Hyundais – but, you get what you pay for.

Most of the replies on this site say “go to this on-line carrier or that on-line carrier or that 1-800 number” but I’m sure that when you do, you will find some impersonal computer user with a script to work from and you won’t be able to talk with the same person every time you have a problem!

Good luck, drive RESPONSIBLY and I hope this helps!

Daniel asks…

What is the best approach to dealing with a speeding ticket?

I got a speeding ticket last week. It’s so angering, b/c I’m always a careful driver and I was only 7 months away from having a crystal-clean perfect driving record, which would have drastically lowered my car insurance. I can’t afford the increase in my insurance rates. I’m thinking of pleading not guilty, then when I get to court, quick change my plea to “guilty” if the cop negotiates a deal with me. By the way, I live in a PA suburb outside Philly.

Is this the best approach? What is the best way to handle this problem, without having my insurance rates go sky-high? Should I offer the judge to go to driving school in exchange for no points on my record?(Is this even an option?)I am willing to pay a higher fine if it means it will not have points to affect my driving record, since a higher fine will still probably be less money than the increase that my insurance rates will experience over the next 3yrs. What should I do? I don’t think I can afford a lawyer…how much are they?
realnj97, that sounds like a good idea. I was thinking it would be like that, where I could get out of the points and insurance rate consequences if I pay a heftier fine. I wouldn’t mind paying $300-400 more, because that’ll end up being less $ than the increase in my insurance premiums over the next 3yrs!

To the others: Are you SURE that my rates won’t go up for just one ticket? Almost 3yrs ago, I had a very small “accident”(scratched someone’s car pulling out of a parking space). It costed $1560 to repair, only b/c it was a new car(the damage was very minimal)…that is only $60 above PA’s legal cutoff for the accident damage that insurance co’s can use against you. Yet they raised my rates $300/6-mo. period over a 3-yr time, that means I’m paying out $1800 extra over 3yrs for an “accident” that costed less than that(only $1560).So now you see my concern about the ins. rates.Oh and it was the only thing on my record, other than a 6-10mile-over-limit ticket from 3yrs ago.
To GuessWho: Sorry, but Geico is a no-no for me. Geico charges about 2.5X more than the rates that I’m paying currently with Travelers. Thanks for the suggestion though, but I always extensively shop around for car ins. rates every few months, and Travelers has always been the cheapest each time(although I really wish the rates would be lower). My rates aren’t terrible, but they’re far from good.
To the most recent poster: I don’t normally speed. I was driving through on a main road that used to have a speed limit of 50mph but recently got reduced to 40mph. That’s how I got slammed. I wasn’t going 20mph over, so I guess that works good for me, but it was close to 20mph over.

What I meant by crystal clean record, is that the only other things on my record are a minor speeding ticket(6-10mph over) and a small accident($60 over the legal cut-off by what is defined as an “accident”…if the damage had been >$60 less, it wouldn’t have been used as a “claim” on my insurance reports). The ticket and accident are scheduled to “fall off” this fall, which will be the 3yr mark. (In PA, minor occurences affect your rates for 3yrs, but major occurences such as DUIs affect your rates for 5yrs)

Administrator answers:

Call them liars and alcoholics. Unfair tatgeting. Get an attorney for this.

Steven asks…

Generally speaking, which car would cost more to insure?

A Dodge Stratus (Sedan, not coupe.), or a Buick Lacrosse?

I’m leaning towards the Lacrosse because of quality, but I know it’s considered a “luxury” car and that can send insurance rates to the moon. Alternately, the Stratus is sportier, cheaper, and tends to attract younger drivers, so the insurance company may see it as more of an accident risk. As a beginning driver, I’m already expecting some hefty rates, so I’m trying to add to that as little as possible.
I’m adding myself to my parent’s policy. It’s Geico.

Administrator answers:

Probably the Buick, because it IS a luxury car, and thus more expensive going in. However, there are so many other factors involved that only an agent can give you firm figures.

Mary asks…

when getting car insurance does the insurance company look for your age ? or how experienced you are?

when your getting car insurance on 2.4 litre engine as a new driver does the insurance company look for your age? or how experienced you are and how many claims you have made?

Administrator answers:

It depends on the company you want to go with but to answer your question Yes! They look at your Age & Driving Experience (include driving record) Some companies cater to young drivers.

Call a Broker they work with more than one company and can get you the cheapest rate if that is what you are looking for?

Paul asks…

When does insurance comapanies stop charging outrageous rate for male sports car drivers?

I just turned 24 and am thinking about getting a sports car.
I heard the insurance comapany charge outrageous rate for male drivers until certain age. I was wondering what that age is.

Administrator answers:

Yes males typically pay more than females of the same age. My rates went down dramatically when I turned 25. If you want lower rates then keep a clean driving record AND a good credit rating. Insurance companies now use your credit score as well as driving record and type of car to determine a rate. If you get married and buy a house they go down even more.

Donna asks…

is there a way to decrease my Car insurance coverage?

i recently just bought a 2004 jaguar x-type for 12,800 with warranty included.payments is 250 a month.but car insurance is 480 a month! is there something is there a way of avoiding paying that much pay that much in car insurance..im 21 and i would like to no if i really need my car to be fully covered or can i just put the car in under there coverage. Plus i don’t have the best driving record.

Administrator answers:

Because your car is financed, the lender rightfully requires comprehensive and collision coverages. If you didn’t have the note, i.e., you paid cash for the car, it would be a non-issue.

You also have two other strikes against you; your age, for one. Statistically, drivers in the 17-25 bracket have the worst accident rate, and their premiums reflect this.

You also admit to having a less-than-exemplary driving record. Because of this, your insurance carrier considers you a high(er) risk, so they will price accordingly.

Let’s not forget the very car you chose to buy; being a luxury make, its repairs arising from a collision will be inherently more expensive than, say, a later-model car, perhaps a Ford, Chevy, or Toyota, to name three examples. (The big question is, WHY did you choose the Jag instead of one of the three examples I cited?)

Susan asks…

What is the rate of car insurance in denver, co?

also, i am going to be going school there and i am from hawaii..will i have to change my license plate and get a new car insurance or can i keep my hawaii insurance because im just a student.

Administrator answers:

You will need to change your license plate promptly. In most states you have 3 days to get this done or you can get a ticket for it. You may want to keep the same insurance company if possible. However, you must notify your insurance company of the new address. You should also change your drivers license as well.

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