Students hate missing the school bus so they are obliged to wake up early. For the privileged ones who are entrusted with driving their own car, they possess the benefit of staying in bed a little longer. It is very important that these student drivers are given the protection that they need.
If you are a parent who is thinking of getting your student child a car of his own, the cost is something that you really need to think about. The registration expenses, gas allowance, routine and emergency maintenance, car payments (if you are thinking of getting a car through a loan), and parking expenses are a few things that you should consider prior to making a final decision because admittedly, the related expenses are quite heavy on the pocket. Not to mention getting him car insurance.
Age is one of the factors that can either make car insurance an expensive or affordable necessity. The person’s driving experience is something that car insurance companies take a look at before giving out the price quote you ask for. Older people tend to have more driving experience, and therefore a lesser likelihood to get into any car accident compared to the younger and inexperience driver. So this is primarily one of the reasons why getting a car insurance for a student may be a little costly than your own.
Getting your student a car requires him to have his own car insurance; this comes hand in hand since law does not allow anyone to drive without this. When thinking of the best car for your kid, think of how this would affect his premium, because the type of car your kid will drive will surely affect the premium that you will be paying. The type of car including its speed and power are some factors that affect the cost of car insurance. Even the model’s reputation of attracting thieves could bring up the premium. So it’s very important to think about the cars functionality before aesthetics. Anything that may cause the premium to go up can also serve as a sign for parents to be careful when buying a car for their child. These factors indicate a higher risk of getting into an accident. So it’s wise to say that when your premium is at an affordable level, your child is quite safe on the road.
An educated driver is a safe driver. Students who learned driving from Sunday sessions with dad may still need to take driving and road safety lessons. Not only does it equip your kids with knowledge and awareness but it also makes the premium more budget-friendly. Since he still has too less of an experience in driving, then the best way to counteract this is by getting him a good driving education. Insurance companies look at this as a good indication of a responsible driver. It’s a small investment that pays off in many ways.
Bundling multiple insurance policies can give you a discount in getting your student his car insurance. This allows you to get a bundled price which could be a lot cheaper than getting it separately from another company. An added tip: tell your kid to give you good grades, because your student’s academic grades can help you ask for a decent discount.