Young Driver’s Car Insurance – Protecting Everyone’s Best Interests
While it is true that young driver’s car insurance in Alberta is more expensive than insurance for experienced drivers, rates are protected by regulations set out by the Automobile Insurance Rate Board. A premium rate grid outlines limits on maximum premiums for new drivers as well as drivers with poor driving records.
Tips on how to Reduce the Cost of Young Driver Insurance
At HDF, We Work For You – in more ways than one! Here are a couple of considerations that can help you secure the cheapest rates possible for young driver insurance.
- Register your teenager in driver training courses. There are many companies and organizations that offer this valuable program. Not only can in-car and classroom training have up to a 25% impact on your insurance rates, your new driver will be a safer driver.
- Consider the type and year of vehicle that your young adult will be driving. Young driver car insurance is less expensive for older models. Depending on the value of the vehicle, we can help you decide if collision should be included in your policy.
- You may also want to use our handy Buy Auto Insurance online quoting system to research insurance costs for different models. Simply fill in the form and the system will generate a range of quotes for your consideration. Plug in different models and see how the costs fit into your budget.
- Finally, don’t hesitate to contact us with any questions you have about young driver’s car insurance. Our knowledgeable brokers are standing by!