Auto insurance for young drivers: 15 tips to pay less

Auto insurance for young drivers: 15 tips to pay less



Whether you are a student, a young worker or just a new driver, insuring your first car can mean high premiums. Your fears are justified, as inexperience on the road is often the main cause. However, be aware that there are a few tips for saving money on your auto insurance. Here we give you no less than 15 tips that could help you lower your monthly premiums. Ready? On the way!

1 - CHOOSE A CHEAPER CAR

The rule is simple: the more expensive your vehicle, the more your insurance premium will increase. In addition, if the value of your car is low enough, and you have no car loan, you could limit yourself to liability protection and thus reduce your premiums considerably.

2 - CHOOSE A LESS EXPENSIVE VEHICLE TO REPAIR

Inform yourself well before choosing your vehicle model. Quite simply, a car that is expensive to repair will cost more in insurance. The indemnities by the insurer in the event of a claim are then higher. Inform yourself well before choosing your model, you will avoid as a bonus a few unpleasant visits to the garage.

3 - AVOID THE DESIRED CARS

The risk of theft is a factor that drives up the price of your insurance. We therefore recommend avoiding cars that attract lust. Ex .: convertible, sports, luxury or collector cars, modified or one-of-a-kind cars, etc.

4 - SHOW YOUR LOVE

Do you live with your partner? Tell your insurer. He will consider your marital status to reduce the premium. Statistically, the number of claims for married or common-law partners is lower. Enjoy it!

5 - TAKE CARE OF YOUR DRIVING RECORD

This is automatic, your insurer will ask you for the information in your driving record with the SAAQ. License offenses, revocations and suspensions are taken into account when establishing the premium. So make sure you adopt good driving habits ... and keep them!

6 - ENHANCE YOUR CREDIT RATING

In order to receive the best possible deal on your insurance policies, allow your insurer to obtain your credit score from credit reporting agencies. If your record is good, it will prove that you are responsible and that you will be able to pay your monthly premiums on time. A prerequisite for most insurance companies

7 - SHOW YOUR GOOD CONDUCT

Insurers now offer telematics solutions that could well benefit you. Operation is very simple: thanks to an application on your cell phone, your driving is analyzed in real time (speeds, acceleration and braking, distances, journeys, etc.). In the end, you will benefit from a discount commensurate with your good habits. Useful to prove that you drive well despite inexperience.

8 - COMBINE YOUR INSURANCE

Did you know that you can reduce your premiums if you combine your auto insurance with other insurance? Ex .: insurance for your home, residence or even the insurance of your other vehicles (motorcycle, ATV, snowmobile, etc.). Think about it when you shop!

9 - EQUIP YOURSELF WITH A GOOD LOCK

Anti-theft, immobilizer, satellite tracking ... a good system installed on your car can lower your insurance premium, especially if you have theft protection. Check the benefits for you with your representative.

10 - ENJOY YOUR STUDENT STATUS

If you are a college or university student, you may get a discount on your auto insurance. Usually certain conditions apply, be sure to talk to your insurer to check what they can offer you

11 - DRIVE CAREFULLY

Indeed, if you accumulate accidents, your insurance premium may increase. Insurers have access to the central automobile claims file. It is a database listing the claims in which each insured has been involved, whether there has been a claim or not.

12 - MAKE A FEW DISTANCES

Obvious, but oh so important: by choosing to limit your trips or reduce the distances traveled, the price of your car insurance will follow the same logic. Know that the use of your vehicle, the mileage to get to work, the annual mileage, etc. are also factors that influence your premium.