Reader’s Question:

Low cost car insurance for teen students is just so hard to come by. Can somebody help me find one for my daughter who is a student here in Michigan?

Eliza

Detroit, MI

It is quite frustrating, especially for us moms, to know that we have to pay a very high price for the ultimate protection of our kids. But I am sure that every mom in this country would be willing to pay whatever it takes in order to ensure the safety of their kids.

But, in any case, teen car insurance for your daughter should not spell impending doom to your household finances. It is excellent that you sought information here on this Web site. I tell you, nothing beats a wise mother.

So, without further ado, let me bring you to the topic of the things you can do in order to reduce your daughter’s car insurance premium.

Low cost car insurance rates for teen students are hard to come by, indeed. So, before buying car insurance, you might consider doing some things in preparation.

What are these?

First, since your daughter is a student, making sure she gets good grades in school would help in proving to the car insurance provider that she could be as good a driver as she is as a student and that the possibility of her getting into accidents and making claims often is close to nil. By doing this, companies are highly likely to insure your daughter for a lower price. Second, you could have her sign up on driving courses there in Michigan, such as a basic driving course or a defensive driving course. This shall develop her knowledge of traffic rules and regulations and at the same time enhance her driving skills.

Think: a responsible driver who is also a good driver is the preferred client of car insurance companies.

If you do these two important guidelines, it is sure that you would get low cost car insurance.

And one more thing – when you ask for quotes, you would find out that your daughter could have more discounts simply because she is a female driver. Female drivers are entitled to lower premiums.

Tags: car insurance cost, student, Student car insurance, teen, teen insurance

Reader’s Question:

To achieve low cost car insurance, I am thinking of taking out my uninsured motorist insurance. Will this be allowed in Oregon?

Adriana

Portland, OR

Oregon is one of the more austere states when it comes to car insurance. Each motorist has to have adequate car insurance or may face a number of penalties for non-compliance. Sufficiently insured in this state means having property damage liability of $10,000 to pay for any ruined public property or the other party’s car at any one accident. Additionally, bodily injury coverage of $25,000 for one person, or up to a combined total of $50,000 for everyone in the vehicle will be shouldered by the insurer.

Also, each motorist has to have Personal Injury Protection (PIP) of $15,000 to pay for the insured’s hospital and rehabilitation bills after an accident. PIP also provides the insured with monetary assistance for not being able to attend employment. It may also provide for funeral expenses it necessary.

On top of all this, the uninsured motorist insurance has to be present in a driver’s car insurance policy. This will kick in if the insured sustained bodily injuries following a car crash with a driver that has no car insurance of any kind. This pays from $25,000 for one person or up to $50,000 for all individuals involved.

Needless to say, you will be considered insufficiently insured if you take out the uninsured motorist insurance from your policy. If you are found by the DMV to have no adequate coverage, you may face possible restrictions to your driving, sequestered vehicle and an exhausted bank account from paying fines, administrative fees, towing and vehicle storage fees. Removing your uninsured motorist coverage to achieve low cost car insurance is simply not allowed in Oregon.

Tags: auto insurance coverage, car insurance cost, DMV, liability insurance

Reader’s Question:

I am 16 and will soon have my car. Will I need to have my name listed under my parents’ insurance policy to have the car registered here in Illinois?

Michelle

Chicago, IL

There are a number of requirements before teenagers are finally allowed to legally drive in the public roads of Illinois. Since you are just 16 years old, you have to take the driver’s education program first. There are public and private high schools that offer this. Local colleges in your community may also be offering this course.

After successfully completing the program, you need to get a provisional permit, so that you can do the required 50 hours of supervised practice behind the wheel. 10 hours of driving in total darkness will be part of this practical exam. Once completed, you may now get your initial license.

In the meantime, your parents will have to inform their local insurance agent that a new driver will be added to their car insurance policy. Typically, adding you, their teenage daughter, in their policy will increase their car insurance premiums up to 50%. If you will buy your own car, then before it can be registered, it has to be insured. It can be insured under the current policy of your parents. It can also have a separate car insurance policy. This may be a little more expensive than just adding your car to their coverage; however, this way, your parents will most likely get multiple vehicle discounts from their insurer.

Tags: auto insurance policy, auto insurance premium, driving school, teen, teen insurance

Reader’s Question:

I’m a single mother of two kids living here in Florida. I’m having so much trouble making the payment for all my insurance bills. How can I save money especially on my car insurance coverage?

Mary

Miami, FL

So many people have the same woes, Mary. Unfortunately, insurance is one of the things we can’t quite do without. But you should know how to keep your payments to the minimum.

Are you also paying for house insurance? One way to keep your insurance costs low is to get different types of insurance from the same company there in Florida. Combining car and home insurance have been known to save families some money.

If you’re more concerned about your car insurance policy, you should be driving a cheaper car. A car insurance company will naturally insure a car at greater costs if it is also costly to repair in case of accidents. Some insurance companies can even give you an estimate before you purchase the vehicle.

Another important thing is, of course, keeping your record as a driver spic-and-span. Bad drivers are viewed as great risks and are hence charged more for premium. Finishing an approved course on driving can create an impression to car insurance companies that you are a good driver, especially if you have good grades. Keep your car safe by purchasing alarms. Try not to file too many claims as much as possible especially if they are quite petty. Everybody wants to make the most of everything they pay for, but this really doesn’t help. Some people who do this too much find their car insurance companies unwilling to renew their car insurance coverage.

Tags: auto insurance claims, auto insurance coverage, auto insurance premium, Car Insurance Company, car insurance cost