When you are young and inexperienced, most insurance companies will see you a road risk and being categorized in the high risk tier means paying higher comprehensive car insurance premiums. Companies offering local car insurance will typically quote young drivers aged 16 to 25 years old with higher premiums due to the probability of young drivers getting involved in car accidents. Yet the most burdensome of all is that you are a young male driver and you are just beginning to develop your driving skills.
There is considerable reason to believe that male drivers are most likely to get involved in vehicular accidents due to their aggressiveness and love for speed. This is based on facts and statistics. So if you are a young male driver shopping for a local car insurance, expect to get higher quotes than your female counterpart. A neophyte male driver’s only concern now is how to save on their insurance premium with some existing controllable factors.
First is to start with the value of the car. It is typical for comprehensive car insurance companies to charge you more for newer and luxurious cars. It is just common sense that it will be more expensive to repair or replace a high value car. Then the next thing to target is to install automobile electronic devices for theft security and recovery of the car. This will definitely provide a discount on the premium quotes from local car insurance dealers. Also ask for multiple insurance policies discount especially if you have health, house, and life insurance policies from the same company.
Since you cannot control your age and your gender, perhaps you may have to look at your residence and how it can affect the premium quotes. Local car insurance companies tend to increase premiums if you live within the proximity of a high accident and crime rate area. This is especially true with comprehensive car insurance with coverage other than collision. Insurance providers will already anticipate the likelihood of your car getting damaged buy vandalism and riots if you live in a gangsters inhabited locality. Lastly, keep you credit history attractive. Remember that financial institutions such as insurance providers look into your credit score as a gauge of your economic health. Proven data have shown that individuals with poor credit scores are most likely to file and insurance claim.