Posts Tagged ‘own car’

Licensed or unlicensed, teens nowadays are undeniably enthused to be behind the wheel, driving their very own car (or at least their family vehicle.) True enough, more and more teenagers today are drivers in their own right, bringing themselves to anywhere they possibly can. With this, car insurance companies are keeping up with the needs of these restless adolescents, and more importantly their concerned parents.

Evidently, teenagers are more prone to car accidents due to a lot of factors (i.e. drunk driving, use of mobile phones while driving), which implies higher insurance claim rates, that would resolve to higher premiums. Now, this may be an issue to the parents considering the burden this puts on their budget; but luckily, there are a few measures that they could take to not only lessen what they could possibly be paying after giving their child driving privileges, but most especially, to ensure the safety of their teen.

Impart the Right Knowledge

Knowing the do’s and don’ts of driving will give your teenager a greater sense of responsibility as a driver. Understanding and obeying the traffic rules should always be the foundation of everyone who aspires to drive. Also, the parents should first be a good example to their children when it comes to driving.

Ensure the Right Skill

Before allowing your adolescent to get behind the wheel, ensuring that he/she can actually drive and drive well is very essential. Close supervision should be provided at first, then taper to promote independence and confidence for your teen driver. Sending him/her to a good driving school is also of great help to establish his/her driving skills.

Instill the Right Attitude

Driving is a big responsibility as it is a privilege; thus, the right perspective towards it is always vital. Having the right attitude towards driving will then ensure the adolescent’s right knowledge and skill. Therefore, keeping within speed limits, obeying road rules, putting on the seat belt, not drinking and driving, etc. are a few of the correct attitudes that the teen driver should understand by heart and practice. Now, the responsibility of instilling these to the them goes to the parents. Teaching proper “driving ethics” will spare you both your money and your child. Making a contract between you and your teen, which may include rewards or punishments, is one concrete example for making sure that they will be at their best behavior when driving.

These 3 measures will assure you of fewer charges for your teen’s auto insurance. In addition to these, canvassing for the right insurance company and buying the right car are also good actions to take when considering applying for one.

Writer: Irah Victoria

In Wisconsin, anything can happen when you’re on the road – this is why you will need to have auto insurance to back you up. Having one will protect you from any financial losses in case you meet a driving accident. By paying a premium each month, you will be backed by an auto insurance company giving you the security for yourself, your car and other drivers as well.

Wisconsin auto insurance will also give you liability, property and medical coverage. The liability coverage will pay for your legal responsibility to others in case you have inflicted body injuries or damaged properties. The property coverage will pay for any damages made to your car or theft. And lastly, the medical coverage will be used to pay for the cost of treating injuries, rehabilitation and sometimes funeral expenses. There is also collision insurance which covers the damage to your own car.

In applying for a Wisconsin auto insurance, most companies will be asking you for your driving record, age, vehicle model, driving mileage and residence since these factors can determine and affect how much your auto insurance coverage will cost.

Young drivers – normally those under the age of 25, are generally considered to be high risk so the insurance rates are usually higher than the usual. Gender sometimes matter as well. There are insurance companies that give lower auto insurance rates to female drivers compared to male drivers. This is because females are generally safer drivers compared to males.

If you have a clean driving record for over three consecutive years then auto insurance companies would willingly extend their policies for you and give you lower premiums.

Compact cars like sedans have lower rates compared to sports models or exotic cars. Your car’s condition would matter and this would tackle the age of your vehicle and its maintenance. If your car is in a prime condition then you will be getting better premium rates.

Your financial status will also affect the rate of your insurance. If you have a good credit score then you will be paying lower premiums compared to those who have bad credit scores.

Your residence is also a factor since people who live in the city pay more compared to those who live in the country side. This is because there are higher crime rates in the city. The distance that you travel or mileage is also taken into consideration. Lower miles mean lower rates.

Writer: Marie Saycon