If you’re a teen driver or a parent of a teen driver you may already be aware that the insurance rates for these youngest of drivers are quite high. If you live in the Matthews, NC area, you may be wondering why adding your teen to your insurance costs so much.

Why the rates are higher

According to the Centers for Disease Control, the accident rate for drivers between the ages of 16 and 19 is higher than in any other age group. Driving is a complicated skill that takes time to develop. The problem is that the only way to get experience driving is to do it, and driving itself can sometimes be dangerous. Insurance companies know that teen drivers are at a higher risk for a claim, not because they’re necessarily more reckless, but because they don’t have the experience and mature judgment that older drivers have developed over time. Insurance companies aren’t "out to get" teen drivers. However, all drivers in higher risk categories, such as those with several tickets or accidents and, yes, teen drivers too, will pay higher insurance premiums.

What teens can do to keep rates as low as possible

While teens can’t do anything about their ages, they can keep their insurance rates as low as possible by doing a few things. First, teens should drive safely to keep a clean driving record. Things like traffic tickets and accidents can make insurance rates go even higher. Second, teens can ask the insurance agents at JC Demo Insurance Group about discounts for things like good grades or taking drivers’ education classes at school. Third, teens should consider carefully which cars are driven. Different cars have different insurance costs, so it may pay to shop around.

If you have questions about teen automobile insurance or any other insurance questions, contact the folks at JC Demo Insurance Group, serving the Matthews, NC area.

This is a major question on practically everyone’s mind, and it’s definitely a good one. Your money is important, and whether you want to spend it on your kids or a new surfboard, there’s no reason you shouldn’t be trying to save it at every turn. Find out more about how much you should be spending in Matthews, NC. 

A Policy for Everyone 

The good news is that you really just have to meet the state limits in your state, and then after that, it’s up to you. The only problem with this is that it’s incredibly tempting for people to forego what they need for what they want. Let’s say you’re tempted by getting liability only on your car. Should you cause an accident you may not be able to make it to work, thus jeopardizing your income. JC Demo Insurance Group wants everyone to be able to keep their money, which is why we would advise you to think ahead to the potential consequences of what might happen should you skimp on your insurance now. 

Keeping Things In Perspective 

Living in Matthews, NC, you should understand that your car is extremely important, as are the lives of the people who are on the road. Even extremely small accidents can cost people a lot of money, and it makes it difficult to handle when you’re not prepared. If you truly feel that you have the savings and alternative plans to handle anything that might happen to you, then you will at least feel as though you have all of the facts in front of you. To find out more about those facts or to request a quote for price comparison, call JC Demo Insurance Group for more information today!