Getting Insurance for the Teen Driver
The best way to go about purchasing an insurance policy for a 16 year old driver
is to comparison shop between many of the major insurance companies. The teen and
the parents should work in tandem to complete the research on line and allow both
parties to be part of the buying process. An easy way to complete this project is
to simply request an auto quote from our QuoteNoodle website and companies will
email you the results. It is quick and convenient and will provide a number of quotes
from which to select.
Information Needed to Purchase a Policy
When looking to purchase coverage for a teenage driver, certain information will
need to be given to the insurer. This information is put together by the insurer
and evaluated to come up with the final price. How they evaluate the info is by
comparing it to statistics they have found over the last number of years. Insurers
have learned who they can offer low rates to and still be profitable because of
statistics. So, while these questions may seem irrelevant in some cases, they are
all pertinent to the insurer.
The following is information needed by insurance companies to give the most accurate
quote for a teen driver. The teen’s name and age will be needed for basic purposes.
Whether or not the 16 year old has their license or if they are still driving with
a learner’s permit will also need to be known. If they have their license already,
their driving record will be inquired of, for the driver’s sake hopefully it doesn’t
have negative marks on it yet. Also needed is their address. For the vehicle, the
make, model and year with the VIN need to be submitted. Insurers also want to know
the purpose of the car, if it will be driven to work, school or for pleasure. Finally,
the estimated annual mileage of the vehicle will be asked for. This is to see how
often the vehicle will be on the roads, and the more miles it takes on each year
the more chances of it being in an accident.
Frequently Asked Questions about Teen Driver Insurance
- Is insurance required for teen drivers if they only have a permit?
Every state requires all drivers to carry auto insurance or some other form of financial
responsibility. So unless the 16 year old with a learner’s permit has given the state the
appropriate amount of money beforehand, they will need coverage. Insurance for a driver
who only has a learner’s permit is offered by almost every car insurance provider,
so it’s very possible the teenager can stay with the same insurer once they get their license.
- Do students with good grades get lower rates?
This is true in most cases. The only way this statement is false is if their provider does
not offer this discount. However, most insurers do offer a discount to those students who
receive a certain high grade point average each semester. The student will need to provide
a copy of their report card every marking period to receive the discount.
- Are all 16 year old drivers considered high risk drivers?
No. A high risk driver can be classified as a driver who has many tickets and/or
accidents on their driving record, or it can be a driver who has little to no driving
experience. They are high risk because they do not have the experience it takes to
avoid accidents on purpose. They may accidentally avoid an accident, but they have
not yet acquired the skills it takes to make really smart driving choices.
If you’re wondering how much is insurance for a 16 year old then fill out a request
for a quote and let the insurance companies send you the information. QuoteNoodle
can show both parents and teenagers where to find coverage and how to get it for
the lowest price possible.