Why Teenage Drivers And The Car They Choose Impacts Pricing

A teenager eagerly awaits his or her first vehicle, since it is a memorable moment as well as one of the first steps into adulthood. Teenagers often drive better cars than their parents, which is no surprise. These cars however, may be influencing your auto insurance more than you think, and that is why you should heavily consider the options and costs of that car your teen has been coveting.

SUV's and other large clunky vehicles are high risk. Auto insurance for teens will cost considerably more if you are insuring an SUV or other popular large vehicle. These vehicles are unsafe and roll over badly in wrecks. Auto insurance companies see them as very high risk, and its not worth it to them to offer you cheap insurance. Even if your teenager desperately wants an SUV, avoid getting him or her one, especially if it lacks a considerably amount of safety features.

If you are considering purchasing your teenager an older model vehicle, it could be a pretty good move. Of course it all depends on the vehicle itself. Older vehicles that are on a safe list, easy to repair, and in good condition can be insured for very reasonable rates; especially when paid for in cash. Older cars that are not in good standing are likely to come with high insurance rates that are undesirable to most.

It is so important that you choose a vehicle for your teenage that you can afford; especially when it comes to teen auto insurance rates. A good vehicle with great safety options, as well as one that is low risk for insurance companies is always a good choice.

Cars that are at high risk for being stolen or damaged are also likely to come with higher teen auto insurance rates. This is unpleasant, especially since the expensive cars are the ones that teenagers typically want. You should do the opposite, and get them a car that is in both their best interest, and yours.

Older and newer cars alike have risks associated with them. Some are more expensive to fix, some are not as safe, and some are hot on the market for theft. You have to draw a boundary line and choose what will work best for your families budget. Teen auto insurance rates are not fun to pay, so getting a lower cost insurance is a much better option.