Top Ten Car Insurance Myths If youve started looking into teen car insurance, your child has to be approaching that coming of age visit website when theyre ready (at least eager) to obtain driving. If so, you might have found out that premiums are higher for teen drivers. These pricing is as a result of insurance companys risks as, according to the Insurance Institute for Highway Safety, 16-year-olds enter into accidents nearly six times more often than drivers involving the ages of 30 and 59. As a general rule, any "high performance" car will set you back. Some reasons the cars be more expensive to insure are that this insurance firms know they are more prone to be driven recklessly and they are prone to be stolen or broken into. There are better alternatives that will help save hundreds of dollars on both the purchase as well as the insurance. Moving to a different area can always be stressful. Keep in mind that contacting a representative about a address change is vital. The area you live will have a direct affect the expense of your premiums. You should also ensure your policy gets the correct address onto it when you receive it in the mail at renewal time. You could be paying more for coverage should your address is incorrect. Always question the discounts and special deals theyve. It does not hurt to ask, particularly when you know it is possible to save additional money as a consequence of such discounts. Insurance companies are competitive; and youll be able to strategically use of such fact to get the one suitable for you. Of course the tactic of dropping collision coverage to economize will continue to work best if you can easily self-insure from the lack of your automobile. The downside of dropping collision coverage is that you will be in charge of repairs to your vehicle in case of a crash that is your fault. You would also be responsible to exchange your car or truck in case of a total loss.