Online Vehicle Insurance, Buying Insurance for a 16 Year Old
Probably one of the biggest days in a youth’s life is the day they are able to drive a vehicle on their own. As soon as a child blows out the candles on their sixteenth birthday cake they are eager to ditch the driver’s permit and run down and take their driving test to get their overprotective mom or dad out of the passenger seat.
Once they pass the exam and the teen gets their driver’s license the first thing they want to do is jump behind the wheel and pack the vehicle with friends and head out to the local hot spot; this is usually the first taste that a youth has of being a grown up and some independence. Unfortunately, there is one small matter that must be attended to before driving off, auto insurance.
A proud parent of a newly licensed driver is probably not as enthusiastic about paying for coverage because they are well aware that car insurance for 16 year olds can be quite expensive. There are many reasons for this, mainly because youthful motorists have little experience behind the wheel. With insurers, experience goes a long way and unfortunately teens do not show a past of being the most responsible while operating something as important as a vehicle. From a statistical standpoint, a sixteen year old is three times more likely to be involved in an accident than 18 and 19 year olds and teenagers as a whole are four times more likely than more mature drivers. Therefore, insurers will charge higher premiums to protect against a potential loss.