Hello! My dad recently bought me a used Honda Civic. I am still a freshman in college and was wondering how I can reduce the high cost of auto insurance since I’ll be the one paying for it.

Richard

Miami , FL

Cheap car insurance for young drivers is still possible to find these days. The first step is to go to an online car insurance comparison website. Fill up the form with your personal and vehicle information and once you done that, submit it and a list of car insurance company will show you their on going rate. Just take note of the most inexpensive rate because it still doesn’t end there. The insurance quote you got is just an idea on how low your insurance rate can be. You can still lower that quote by doing the following:

• Save money on a savings account so you can increase your deductible. A higher deductible means lower insurance premiums and you’ll be confident in an event of an accident because you know you can cover the high deductible amount that you choose.
• If you learn how to drive from a relative or a friend, learn and get a defensive driving certificate to lower your premiums.
• Cheap car insurance for young drivers means sticking to a low profile car. Don’t think you can have a fast and powerful car and at the same time asking for a cheap car insurance.
• If you still live with your parents, register the vehicle under their name and get a discount for being in their insurance policy.

Cheap car insurance for young drivers is achievable but you need to allocate your time and you should be ready to work for it.

My name is Errol and I’m from Anaheim, CA. My dad has a Mustang (baby!) but he uses his hybrid to and from work. I am going to get my license three months from now, and I plan to use that mustang (baby!) every chance I get. Is my dad going to pay more if he adds me to his insurance policy? Can you help me get a lower rate quote or at least tell me where to go to get the cheapest insurance I can possibly get for this car…and my age.

Errol

Anaheim, CA

Errol, Errol, Errol, according to statistics, and insurance companies believe in them with uncommon fierceness, teenagers are a reckless lot. They were the ones who coined the phrase “pedal to the metal,” and they are not known to be experienced drivers. Your dad will pay more because of these statistical data. He will pay more because the risk factor just got colorful. I assume that you are already driving the Mustang (Baby!) every once in a while but with a “chaperone.” When you get your license three months from now, the cost of insurance will increase even more (not to mention your dad’s blood pressure) because you will then be able to drive the mustang (baby!) by yourself most of the time. teenage drivers, premium will increase; teenager with a license, more increase. Again, this is about the colorful risk factor and statistics that I told you about. As disheartening as it sounds, the price will not be as high as getting your own policy.

All in all, your dad’s insurance will increase but it will not be as expensive as getting you your teen car insurance. Drive around Anaheim and enjoy your Mustang (baby!) but please don’t make your dad get a drunk driver insurance.