Event Data Recorders and Cheap Insurance For Young Drivers

Your opportunity to get cheap insurance for young drivers can be greatly enhanced by the use of Event Data Recorder (EDRs). EDRs have been used for tracking data from cars such as speed, air-bag deployment, and safety-belt use and are in fact already installed in millions of vehicles.

What is happening now is that aftermarket products are becoming available that are purposely designed to track the driving behavior of teen drivers. Small, easily installed and inexpensive, parents can now install EDRs on their vehicles and know how their young drivers are behaving behind the wheel.

There is lots of motivation to installing EDRs. Teen drivers have some of the highest insurance rates because their immaturity and inexperience are a dangerous combination that leads to higher accident rates. When teens know that their driving habits will be monitored and reported to their parents they are more likely to show more maturity behind the wheel and their driving performance will also improve more quickly. This fact is recognized by insurance companies and as a result they will offer reduced rates for young drivers when an EDR is installed.

Certain models have the added feature of audible warnings when certain types of behavior are detected such as driving faster than a preset limit, braking too hard or cornering too fast. These audible warnings can help the teen driver correct bad habits before they develop.

Installing the devices is relatively straightforward as they simply plug into the On-Board Diagnostics port. This is the port that has been installed in new vehicles since 1996 and is used by mechanics to run diagnostic tests or check systems for proper performance. These ports are usually easy to access making the EDRs easy to install.

One thing you want to check before purchasing is their ease of use. Most will allow you to download the data and produce a number of reports that you can then use for review with your teen. Don’t buy without the opportunity to experience the ease of downloading the data and what kinds of reports get produced. Make sure they give you the information you think you will need.

The cost of installing an EDR should be recovered by getting some cheap insurance for young drivers.

Cheap Auto Insurance Quote – How Can You Find It?

There are some secrets that you don’t know about getting cheap auto insurance quote. Most people think that there is no such thing as cheap auto insurance quote, but the truth is they are wrong. What they don’t know is how to get it. Here, I am going to share with you some secrets on how to get cheap auto insurance quotes.

Drive less and you will get cheap auto insurance quote. If you manage to reduce your vehicle’s mileage, especially the rush hour miles you drive to and from work every month, insurance company would be happy to quote you lower price. Low mileage indirectly means that you have less risk to involve in accidents and make claims due to the fact that you spend less time driving your car. There are some things you can do to reduce your mileage. You can carpool with the people who are heading to the same destination as you. Otherwise, you can take public transport if it is convenient for you.

Next, your deductible can help you to get cheap auto insurance quote. If you take up high deductible amount, you will get lower quotes for your premiums. However, you should always exercise caution if you are planning to get lower quotes using this way. Do not promise to pay a huge amount of deductible if you cannot afford it.

Besides that, if you are married, simply list the wife as the primary driver and husband as the secondary driver and you will get lower quotes instantly. Women are generally more careful drivers than men, and this explains why they often get lower quotes. The wife’s marital status would be an added advantage as married people are being regarded as more stable drivers and more likely to get cheap auto insurance quotes.

Cheap Insurance For Young Drivers – Some of Your Options

Cheap insurance for young, new and inexperienced drivers can be realized if you know how to proceed. You first step should be to get quotes for insurance. Beyond that there are several things you can do that can significantly lower your rates.

For some people, going on a road trip with family or your friends is fun. Although it is tiring to be sitting in the drivers seat for hours but the happy faces of your passengers and the happy moment that you’ve shared on the road is enough to wipe away your complaints.

But when you are on the road many unexpected things happens and when accidents occur even a very good driver won’t stand a chance. When people get older they began to be cautious and careful of their movements. But young people have lots of energy stored in their body they are very aggressive and are risk takers in almost all the things that they do.

When your children turns 18 they want to be independent and most of the young teens would want to get their own drivers license. Parents are being supportive in helping them prepare to stand with their own two feet in the future would help them get their license.

But when you’re young teens gets their license the next thing that they have to get is drivers insurance. This is where the hard part will come for everybody knows that getting insurance for your young drivers is very expensive. This is because the insurance companies find young drivers inexperience on the road and therefore prone to accidents. However parents should not give up for there are still ways to find cheap insurance for young drivers by getting discounts or looking for ways on how to lower their rate.

Here are some tips for those who want to lower their young driver’s insurance rates.

  • If you want to get a cheaper insurance for your young drivers you have to do your homework and search the net about insurance for young drivers. Doing research is important for the information that you have gathered and read might be helpful in your search.
  • There are many ways in which you could lower your young driver insurance one way is if your young driver is still going to school maintaining a high grade like a B average would help you lower your rate even if it’s just a little. You should never lie to your insurance company you’ll just get caught when they ask for a fax of your grade.
  • Since the company believes that the reason why young drivers have high rates is because they are in experience and are prone to accidents you should find a ways and convince them. One way of doing it is by applying for a safety driver’s lesson or by taking a drivers course education with a road component. When you do this they might consider lowering your rate.
  • If your insurance company offers multiple driver discounts then you could also try insuring your young driver with you so you could avail for the discount.
  • Also choosing the right car for your young driver is very important a brand new car model won’t help you lower your drivers insurance. The best car to choose is finding a couple of years old quality car.
  • You could go online and find insurance quotes for your young drivers, for on the net you could find one site that would give you 5 quotes of different insurance company. After getting the quotes you could compare them and see who offers you the best rates.
  • Do not be afraid to ask the agent if there are any ways or discount that could help you lower the rate of your young driver. If there are discounts then ask them the details so you could see if your young driver would be qualifies to avail for it.

You won’t lose if you prepared for the unexpected thing, for we don’t know what come when we are on the road. You could have a peaceful ride at first and the next thing you know you’re in an accident. Accident strikes without a warning so it is better to be prepared than not.

Want Cheap Insurance For Young Drivers – Learn The Basics About Car Insurance

If you’re a teen who has just gotten their license and you are looking for cheap insurance for young drivers, it’s a good idea to gain an understanding of the basics of car insurance. If you’re the parent of a teen and you are now looking to insure them, it’s still a good idea for the teen to learn about the basics of car insurance.

First, what does automobile insurance protect against? Auto insurance protects you against any loss that you might incur as a result of being involved in a car accident or having your car stolen, vandalized, set on fire or any other number of incidents. It’s a contract between you and the insurance company where you agree to pay premiums in return for which the insurer agrees to compensate you in case of loss. Inside of this simplistic description of course is a lot of fine print but were just covering the basics here.

What typical options are available to a driver when it comes to auto insurance?

Bodily Injury – protects you from financial loss in the event that you cause someone else injury.

Property Damage – financially covers you cause to someone else’s property.

Collision – similar to property damage but this one covers damage to your property.

Uninsured/Underinsured Driver – covers you in the situation where you suffer damages caused by a non-insured or under-insured driver.

Medical – in case of injury in an accident that results in the need for medical care this insurance will pay for all or some of your expenses.

Beyond the kinds of coverage you can get, the next most important concept to understand is the deductible. The deductible is the amount that you have to pay on any claim before the insurance company has to start to pay. For example, if your deductible is $1,000 and you are in an accident that results in $700 of damage, the insurance company will not have to pay you anything. If the damages are $1,500 then you would pay the first $1,000 and the insurance company would compensate you for $500.

When reviewing your insurance policy you should normally find several sections, each of which serves a specific function, however, make sure you review the Policy Declarations which spell out the details of your coverage and the Policy Exclusions which highlights what is excluded from coverage.

Armed with these basics you should now be in a better position to review your current policy and start shopping for some cheap insurance for young drivers.