Insure Your Young Drivers in Detroit?

Answer 1

Many variables factor into the cost of automobile insurance, but one of the variables that quickly drives up the price of car insurance premiums is a driver's age. Young drivers in Detroit who are under the age of 25 face the highest car insurance premiums because of their age and lack of experience. However, there are several ways to reduce the cost of automobile insurance for young drivers. Follow these tips to insure your young drivers in Detroit for the best possible rates.

Coverage and Deductibles

The quickest and easiest way to reduce car insurance premiums when insuring a young driver is to set the deductibles for collision and comprehensive coverage to $1,000 or more. Raising the deductibles will lower the premiums. Another fast way to reduce the cost of insuring a young adult is to completely drop the collision and comprehensive coverage if the young driver is driving an older model vehicle. However, young drivers should never cut liability coverage.

Safe Car

One important variable that car insurance companies use to determine a young driver's premiums is the safety of the car. A car that has safety features like air bags reduces the cost of car insurance and reduce's the insurance company's costs for injuries.

Good Student Discount

Most automobile insurance companies offer discounts to young drivers who attend high school or college full time. Students who earn grade point averages of 3.0 or better can earn discounts of up to about 10 percent off of their car insurance premiums.

Multi-Policy Discounts

Many car insurance companies offer discounts when a household uses one company for all of their insurance needs. By lumping together car insurance policies and even home insurance, renter's insurance and health insurance policies, drivers can save a lot on their insurance premiums.

Safe Driving Course

Young drivers should ask about discounts that may be offered for safe driving programs. Automobile insurance companies may offer discounts to young drivers in Detroit who attend defensive driving courses, watch instructional DVDs, read driver safety books or who take special safe driving tests.