If you’re under 25, your car insurance rates could be quite high. In fact, car insurance rates for people under 25 can be several times the rate of people who are much older. This is especially true if you are under 25 and male. However, it is possible to get a relatively good deal on car insurance if you know where to look and maintain a clean driving record. You can also save money by bundling. For instance, if you purchase renter’s insurance from the same company that you get auto insurance from, you may be able to save some money because of a bundling discount.
What factors into your car insurance rate?
In addition to your age and driving history, your habits related to driving can have an influence on the rate that you pay. People who drive in areas where accidents are more common will have to pay higher rates, and people who are in areas that require you to drive long distances are likely to deal with higher rates.
Why are rates for car insurance higher for people who are under 25?
People who are under 25 pay higher rates on car insurance because people in this age range are statistically more likely to have a car accident. This is true for people who have recently got their driver’s license, especially drivers who are under 18.
Can young people save money by staying on their parents’ car insurance plan?
If you are under 25, you can save money by remaining on your parents’ car insurance plan. In many cases, the savings will be substantial.
If you’re under 25, do you have to have car insurance?
If you live in Austin, Texas, or anywhere else in the state, the answer is yes. Not only can insurance protect you in the event of an accident, but being insured is required by law. Driving without insurance can have serious penalties, which can include a fine that’s even more costly than getting your car insured.
EZ Insurance offers great rates for drivers under 25!
If you’re under 25 and looking for car insurance, EZ Insurance offers a great deal in terms of affordability and the comprehensiveness of the coverage. Furthermore, the fact that we’re a local insurance agency means auto coverage is tailored to the needs of Texas residents. So, give us a call or get a quote from us online today!