In my previous post I have written about average cost of car insurance for a teenager. But as per visitors comment I am writing on how much is car insurance for a 16 year old.
See it depends when a 16 year old or 17 year old boy or girl wants to drive then it’s a very risky factor for them, as they are not so matured to drive a car. And for that reason insurance companies are looking into some factors when they are providing car insurance services for a 16 year old boy or girl. Now you will ask that how much is car insurance for a 16 year old?
IT depends upon several factors while deciding the cost of car insurance, and being a good parent you will not want to pay more premiums for your teenager. No i am not joking as many parents try to save money on insurance for their 16 to 17 years old boy or girl. And why should they are…? I would personally suggest that not to give permission to drive car while your child is not enough matured to drive a 4 wheeler. But who cares? Each & every body wants to be a reckless driver(talking about only teenager). Yah I am serious, for 16 to 17 years old boy, driving a car is some thing for entertainment, and they can’t go gently, on the way Always they want to participate in a race among their friend. When I was 16 year old my thinking was also same.
Any way this massage is only for parents, when they are purchasing a car for you 16 year old boy ,don’t think about insurance certainly you are going to get some benefits from insurance companies. But for that all insurance companies are looking into some points like if your child is having good score in driving school (if he or she has taken any lesson for driving). And if your son or daughter is a part of any social organization like “Red cross” then he or she will get an extra benefit.
Many insurance companies give discount on mileage. If you can take an approximate idea that what your child going to drive in a month, you can take an extra advantage.
But remember if your 16 year old boy or girl is going to participate in any sport program and for that you have purchased a big sports car then it will cost you. And you will not get any advantages on that. On that moment don’t think that