How much is car insurance for a 16 year old varies due to many factors used by the insurance companies to arrive at the insurance premium. Let’s look at the most common factors affecting the car insurance policy cost for a 16 year old young driver.

1. Vehicle you are planning to buy

For Car Insurance

If you are going to buy a jazzy vehicle with fancy alloy wheels your premium on the car insurance for your teenager can become quite high. Most of the insurance policies do not cover fancy accessories. It is better to go for a basic model which will significantly cut the cost of your young child’s insurance policy.

Just How Much is Vehicle Insurance For any 16 Years Old – 3 Proven Vehicle Insurance Money Saving idea Tips

2. Gender of the driver

If you are planning to take the insurance policy for your teenage girl you will be paying much less premium than a boy of the same age. They consider female drivers to be more responsible drivers than their male counterparts and this rule is applicable for the teenagers too. Insurance statistical data also proves that female drivers are more safe drivers. And this will affect in the premiums they are going to pay.

3. Safe driving

Make sure that you give good driving lessons to your young ones before they are embarking on their driving journey. Insurance companies consider the young people are reckless drivers and this is one of the main reasons which are responsible for the high cost of 16 year and 17 year old kids. If not the first year, from the second year onwards the cost of premiums will drastically reduce if they have a no claim certificate.

Just How Much is Vehicle Insurance For any 16 Years Old – 3 Proven Vehicle Insurance Money Saving idea Tips