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Real Estate News Releases
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(EstateNewsWire.com, July 16, 2012 ) Miami, Florida -- A recent study conducted across 25 cities has revealed that the average car insurance policy premium goes up by 156% when teens of 16 or 17 years of age are added to a policy.
“How much is car insurance for a 17 year old” is one of the most common questions parents would like answered and insurance comparison website Cheapestcarinsurer.com comes to help, by providing the lowest rates of insurance services from companies across America.
In Arizona, California or Vancouver, the car insurance premiums tripled, even under favorable circumstances, with the average increase of 156% across all participant states. What this means in dollar terms is that drivers who decide to add their teenage child to their insurance will pay an extra $500 every six months. With rates that rise so much when teenagers join the policy, the punishment for failing to resort to a comparison service grows even more: considering, for example, that a particular family would not have gone for the cheapest insurance, but for the second-lowest deal, the six-month premiums they will have to pay once they add their teenage child will still have increased by $480.
The National Highway Transportation Safety Administration says a 17 year old driver will get 1.8 times more traffic tickets than an average driver and is almost 4 times more likely to cause or be involved in an accident. These facts, along with the type of vehicle, the record of the teenager or the number of thefts in the city of residence are the most common factors that can influence how much is car insurance for a 16 year old.
The first thing to do in order to find out how much is insurance for a 17 year old is to shop around – the more money one pays for insurance, the more likely he/she is to save considerably on premiums. Since insurance companies evaluate the coverage they offer differently, asking for recommendations from friends and family might not be of much help. Instead, on Cheapestcarinsurer.com drivers can compare auto insurance quotes and narrow the search down to the best offer to suit their budget and needs.
For parents curious to find out how much is insurance for a 16 year old, Cheapestcarinsurer.com has several insightful articles on the topic, along with tips and suggestions on how to lower the premiums without settling for less coverage.
Please visit http://cheapestcarinsurer.com/ to compare auto insurance quotes from companies in the US.
About Cheapestcarinsurer.com
Cheapestcarinsurer.com is a free auto insurance comparison website that allows drivers to narrow the search down to the best deal for their needs and budget. It also contains several insightful articles and useful resources to help parents looking to add their teenage daughter or son on their insurance, without having to pay double on insurance premiums.
Contact Information:
cheapestcarinsurer.com
5201 Blue Lagoon Drive
Miami
FL 33126
United States
cheapestcarinsurer.com
Frank Cruise
252-296-3849
carinsurance2020@yahoo.com
Source: EmailWire.Com 
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