AUTO INSURANCE ARTICLE
How Much Is Car Insurance For a 16 Year Old?By: RoryF
Parents who have a new driver in the family are sure to ask, "how much is car insurance for a 16 year old". That question will be sure to bring a variety of answers, but with a reasonable amount of research an acceptable rate can be obtained. A number of factors must be considered while searching for the best quotes.
While it is true that teenage drivers, due to their higher risk through lack of experience, can expect to pay a higher rate, it is possible to locate an insurance company with premiums that will fit into your budget.
How much is car insurance for a 16 year old?
When teens are first getting their license, they must decide how they will get their drivers training. Some will take a training course from a licensed instructor, others will use the parent taught method. Either way, there is documentation to present to auto insurance companies, and they will then give a discount. Proof of good academics will also bring a discount. Make and model of vehicle also determines what the premiums will be. Each state also has their own requirements which will affect the premium.
How much is car insurance for a 16 year old male?
Teen males are considered to be an even higher risk than females since they account for 30% of the payouts for injuries due to auto accidents. Therefore, the premiums paid to insure them will be somewhat higher.
Other things to consider when looking to answer the question, "how much is car insurance for a 16 year old", is what type of coverage to purchase. Minimum liability coverage is required for all vehicles, but you may want other coverage as well. Uninsured motorist coverage is always a good idea.