Your car insurance rates are determined by a variety of factors based on different car accident statistics. Young, inexperienced drivers are more likely to get involved in a car accident than are older, more experienced drivers. For this reason, the cost to insure younger drivers is often higher than older drivers.

Keeping Costs Low for Young Drivers

Despite the fact that young drivers often pay more for car insurance, certain factors can help keep rates down. Young drivers can keep costs low in a variety of ways:

• Young drivers or their parents should choose a car that is classified under the “low insurance” group, meaning that it costs less to insure than other models. These models are typically basic, reliable vehicles with a low incidence of theft.
• Although young drivers have passed their drivers’ test, this does not mean that they are fully confident or competent out on the road. Have young drivers ease into their new responsibilities slowly, and consider taking additional safety or preparation courses to help become more aware of driving responsibilities.
• Be a good student. Sometimes, car insurance companies offer discounts to high-performing students. Talk to your insurance company about these discounts and other discounts that may be available.
• Young drivers should learn to secure their vehicles and never store valuables in plain sight. Insurance agents will inquire about where you will be storing your vehicle, and those that secure their cars in garages rather than along the street often pay lower rates.

Another effective way for everyone to save on insurance is to research your options carefully. Our Chicago car insurance agents make it fast and simple to access information about a variety of insurance providers.

Contact a Chicago Motor Vehicle Insurance Agent

To learn more about your car insurance options in the Chicago area, contact the Chicago auto insurance agents of Insure on the Spot at 773-202-5060.