Auto Insurance - Tips on Saving Money with the New Driver

Is there anything that can make you cringe more than getting your first car insurance premium with your new teenager added on? Talk about hanging onto your wallet!

While the sting of adding on your new driver to your auto insurance can be painful, there are some ways to lower car insurance premiums to a more manageable level.

1. Shop for rates - Never go with the first quote you get from your auto insurance company. Make a few calls and get some other car insurance quotes. You'll be surprised at how much difference there will be with rates.

2. Get online car insurance quotes - Use the internet to your advantage and get several different rate quotes in a short amount of time. At worst you'll at least have a good idea of rates before you talk to your current insurance agent.
3. Discounts - There are a good number of discounts available from auto insurance companies. Talk to your agent about these discounts. Here are a few of the usual discounts that should be available.

-Drivers education. If you take a drivers education course your car insurance company may offer a discount.

-Get good grades. Is your new driver in school? Practically every insurance company offers a 10% discount for A students on their car insurance. That's incentive enough to study hard.

If you have more than one car insured, you should also get a multi-car discount on your policy. This can help if your new driver is also adding an additional vehicle to the policy.

Another important factor in reducing car insurance rates is the type of car you're adding onto the policy. It it's a souped up sports car; expect premiums that may shock you. If it's a safe, economical 4-door, expect much lower insurance costs.

Finally, a big factor in reducing auto insurance rates is maintaining a good driving record. By not getting traffic tickets and accidents, your insurance premiums will be lower. Of course, never drink and drive. As a new driver, if you get a DUI, you may find it nearly impossible to get car insurance at any premium.

So, there is hope for saving money on your auto insurance. You just need to check around a little.