5 Ways for Teenage Drivers to Find Low Insurance Rates

Here is an excerpt from a new blog post at GreggMarcus.com:

Auto insurance companies typically feel that teenage drivers pose a higher risk because of their young age and lack of driving experience. This higher risk generally leads to increased car insurance rates for teens. In this post, Long Island Insurance Executive, Gregg S. Marcus, lists 5 ways teenage drivers can take to find lower car insurance rates.

1. Consider a higher deductible
Increasing the deductible to $500 or $1,000 can save you 10-20 percent on your premium. You will want to decide if you can afford the out-of-pocket costs in the event that your teenager gets into an accident.

2. Student and course discounts
If you have a B or better grade point average, let your insurance company know. Insurers will often offer good-student discounts, which typically range from 5-10 percent.

To read this post in it's entirety, click here to visit the Gregg Marcus official website.