Thursday, March 26, 2009

Auto Insurance for Young Drivers

The biggest worry of most parents today is their children growing up and beginning to drive. They dread having to add them to their auto insurance policy because of the increase in premium. Unfortunately, all children grow up and when they start driving this has to be done. There are several reasons why insurance for young drivers is so high.The first reason that premiums are high for young drivers is their lack of driving experience. You will need to have, at the least, over three years driving to be quoted a lower rate.

Next is their age itself. If they are under the age of 25, the rate will mostly likely be high. Normally a single male driver rates higher than a single female. This is because males are rated as a higher risk to insurance companies.

Source

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