Personal Veer » teens http://personalveer.com Say it your way. Tue, 10 May 2011 20:08:31 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Getting Car Insurance for New Drivers http://personalveer.com/getting-car-insurance-for-new-drivers/ http://personalveer.com/getting-car-insurance-for-new-drivers/#comments Thu, 11 Jun 2009 17:13:40 +0000 whaleadmin http://personalveer.com/?p=256 Inexperienced teenage drivers are considered a huge liability to insurance companies. They drive carelessly and statistics have shown that teenagers are twice more likely to have an accident within their first year than drivers over the age of 25. This is why cover policies for teenager cost much more than regular insurances, even though the indemnity is the same.

To keep the premium rate to a decent level, experts recommend using an old car during the first few years, at least until the driver is eligible for the no claims bonus. An older automobile, with fewer HP’s will lower the degree of risk, as per the insurance company’s assessment. Also, passing a defensive driving course and scoring high at the license exam can help towards lowering the monthly insurance expenditure.

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