Young Driver Motor Insurance It seems like all older people dream about being teenagers again, but there are a few times when the younger generation cant develop fast enough. One of those instances is the place they submit an application for auto insurance. The reason for this really is that teenagers contain the worst driving statistics of most demographics, which means that the insurance policy companies understand how to spike up the prices of the premium the second you tell them how old you are. And for good reason, as the statistics also .. The chance of an adolescent getting in to your motor vehicle accident is doubly high in terms of someone much older than 25. Mix by investing in the fact that there will be over 400.000 accidents where young drivers may take place, and 5000 fatalities, this year alone and youll begin to discover why the insurance policy companies want to protect their cash. The reasons just for this are certainly not challenging to figure out. As a group, their accident rates are significantly higher. Teens tend to take more risks, exceed the pace limit, text and talk on mobile phones frequently, and arent reluctant to drive drunk. A 16-year-old driver gets into any sort of accident six times more frequently that a driver between the ages of 30 and 59 (Insurance Institute for Highway Safety). One factor the insurance policy companies consider when they set your rate is marriage. Insurance companies note that couples tend to be responsible, and so they are charged lower rates. Thats why this question always appears on applications. Having kids is the one other indicator of responsibility. Since they have discovered that people with children have fewer accidents, it will cost these folks less. Often our website linked website my homepage parents currently have a well established insurance plan for his or her car. Adding young driver insurance on the plan could be precisely what some families prefer. If you have one teen no added vehicles, you may would like to add your son or daughter on the existing insurance plan. This will enable you to keep your premium low. Car Choice - Vehicle models and makes have a direct effect on insurance premium rates. A 17-year-old could have a dream car theyd wish to drive, yet its very entirely possible that will come at a price, and not simply the price tag on the car. Older, used vehicles can simply have much better premium rates because of better crash test rating scores plus a lesser chance of being stolen.