How to Get the Most Affordable Car Insurance for Your Teen By Floyd Arthur (PPT) http://carmoongroup.com

1. How to Get the Most
Affordable Car Insurance for
Your Teen
By Floyd Arthur

2. Finding affordable car
insurance is challenging for
anyone, but finding it for a
teen

3. driver can be a daunting task.
Teenagers pose a high risk to
insurance companies, so

4. they cost more to insure.
Depending on factors such as
where you live and your
family's

5. combined driving record, the
cost of insuring a car for a
teenaged driver can range
from

6. $1,000 to over $20,000 per
year.

7. Of course, there are good
reasons for these high
premiums. Teenagers are
involved in

8. three times as many
accidents per mile driven as
those 20 and older, and their
accidents

9. tend to be more severe.
According to the Insurance
Institute for Highway Safety
Loss

10. Data Institute, teenagers are
involved in three times as
many fatal accidents as those
in

11. their early 20s. Younger
drivers pose the greatest risk:
A 16 to 17 year old is twice as

12. likely to be killed in a car
crash as an 18 to 19 year-old.

13. Nonetheless, there are some
ways to improve your
chances of finding affordable
car

14. insurance for your teen. Here
are a few tips from the
experts at Carmoon Group:

15. Add Your Teen to Your
Policy

16. In most cases, adding your
teenager to your existing
policy will yield the most
affordable

17. car insurance rates.
According to a NerdWallet
study, covering all cars under
a single

18. policy saves U.S. families an
average of about $3,400 per
year. Many insurers also offer

19. a multi-car discount, and
some extend your family’s
earned discounts (such a
Good

20. Driver discounts) to your
teenager as well.

21. Shop Around

22. Our insurance agents can
help guide you towards
companies that offer the most

23. affordable car insurance
rates, but it’s also a good idea
to shop around on your own.

24. Premiums, discounts and
other perks vary
considerably. For example,
many insurers

25. offer Good Student
discounts, but the amount of
the discount can vary by up
to 15

26. percent. On an annual
premium of $2,000, that’s
$300 per year.

27. Get Your Teen a Safe Car

28. Safer cars equal less risk, so
getting your teen a slightly
pricier car can buy you more

29. affordable car insurance and
lower your overall costs. Late
model cars have more built-

30. in safety features, which may
earn you an additional
discount as well.

31. If you can’t budget for a new
car, choose an older model
from this list of Good and
Best

32. Choices for Teens from the
Insurance Institute for
Highway Safety.

33. Set Ground Rules

34. Let your teen know that you
expect him to earn the most
affordable car insurance by

35. following certain rules. The
ground rules for driving
should include:

36. * Get good grades

37. Teenagers who maintain at
least a B average are about 30
percent less likely to get in an

38. accident during their first
year of driving than those
with lower grades.

39. * Stay sober

40. According to the National
Transportation Highway
Safety Administration, car
crashes

41. are the leading cause of death
in teenagers, and about one
in four of those involve an

42. underage drinker. It’s not
surprising, then, that a DUI
conviction can raise the
average

43. insurance premium for a
teenager by about $2,400 per
year.

44. * Don’t speed

45. A single speeding ticket can
increase a teen’s insurance
rates by much more than it

46. would an adults. According
to one estimate, getting
caught driving just 15 mph
over the

47. speed limit can raise a teen’s
insurance rates by nearly
$700 per year.

48. * Attend a certified
driving course

49. Teens who take a certified
driver’s training course are
safer drivers. According to a
2015

50. study from the University of
Nebraska, they are:

51. * 40 percent less likely to get
a ticket

52. * 15 percent less likely to be
involved in an accident

53. * 20 percent less likely to be
involved in an accident that
resulted in serious injury or
death.

54. Some insurers offer discounts
to young drivers who have
completed a certified training

55. or Driver’s Education
course.

56. * Pay attention to the road

57. Distracted driving is a
growing menace on U.S.
roads. According to the U.S.
Centers for

58. Disease Control and
Prevention, eight Americans
are killed and over 1,100 are
seriously

59. injured every day due to
distracted driving. A
disproportionate number of
those killed are teens.

60. Finding affordable car
insurance for you and your
family doesn’t have to be an

61. impossible task. Let our car
insurance specialists help
you find the best policy for
your

62. budget and your needs. Call
us today at 516-292-3780 to
schedule an appointment:

63. We’re here every weekday
from 9 a.m. to 6 p.m. Or if
you prefer, request a free

64. consultation online now and
we’ll get back to you within
one business day.

65. Visit
www.Carmoongroup.com
for Free 30-Minute
Consultation