Posts Tagged → car insurance for teens
Car Insurance For Teens — Don’t Buy Collision Or Comprehensive Coverage Types
One thing that is sure to help you get a very low rate on car insurance for teens is to use an old vehicle. But for you to do this right, you have to ensure you don’t buy unnecessary coverage as doing so would defeat the major reason for using an old vehicle in the first place.
If you want to take advantage of this trick, ensure that the car is old enough as to make it unnecessary to have collision or comprehensive coverage types for it. This will be because the Kelly Blue Book value for such a vehicle would be too low to make NO sense of making such investments on it.
This will reduce your rate by a huge margin and NOT expose you to any risk since the car wouldn’t get anything meaningful if it’s either stolen or totalled in the first place. But I know it might be difficult to sell this idea to a teen driver since they all prefer cars that are trendy. Would you blame them? After all, you were no different when you were their age.