Auto Insurance For Young Adult Drivers

Auto insurance is expensive for young adults because they pose a greater risk to auto insurers due to inexperience behind the wheel. But, there are ways that young adult drivers can save on car insurance by utilizing policy discounts and shopping around for the best rates.

Young adult drivers can also benefit from a clean driving record, which will help them maintain lower premiums for as long as they are insured with the same provider. Additionally, by taking defensive driving courses, which can help improve a driver’s skills and lead to lower accident rates, young adult drivers can often reduce their auto insurance rates.

While the costs of auto insurance are largely driven by age and driving record, there are many other factors that impact a driver’s rate. Other important considerations include a person’s credit score, the vehicle type and model and the company offering coverage.

Some of the best companies to get auto insurance for young adults include Geico, USAA and State Farm, which have some of the lowest full coverage premiums on the market. All four of these companies have great customer service and are financially strong, so they can be trusted to provide quality coverage at an affordable price.

Other options for young adults to consider include reducing the number of miles they drive and avoiding high-performance cars or vehicles with a lot of maintenance costs. In addition, getting an older vehicle that has standard safety features – such as air bags and anti-lock brakes – can often save young adult drivers money on their auto insurance rates.

Finally, young adult drivers may be able to save on their insurance by being added to an existing policy with a parent or other family member. While this will usually only be possible for those with excellent driving records and a clean record, it’s a way to get some of the most affordable premiums available on car insurance.

Another option for young adult drivers to explore is Nationwide’s SmartRide telematics program, which can yield significant savings by allowing a driver to monitor acceleration, braking, idle time, mileage and nighttime driving. In addition to potentially saving on premiums, a young driver can earn up to a 10% discount on select coverage types through this program by proving they are a good driver. Those who want to shop for the best rates should compare quotes from several providers before making a purchase. Often, it is easier and cheaper to use an online comparison tool to make the process faster and more convenient. In addition, it can be more cost effective for young adult drivers to work with an agent who can help them understand and obtain the right policies. For example, an agent can offer advice about which coverages are appropriate and what discounts they can qualify for. This can be especially helpful for those who have recently been convicted of driving offenses and need to file an SR-22 or FR-44 certificate to meet their state’s requirements for reinstatement.