Tips for Auto Insurance Discounts For Senior Citizens, Teens & Students

As you know insurance is for every one and anyone can have this so now let’s know how you have some discounts for you.

Senior Citizens and Students

While the recession has hit everyone hard, two of the hardest hit groups of people are students and senior citizens. Where once students found it easy to get part-time jobs to help pay for their expenses such as school, clothes and car insurance they are finding that many part-time jobs are now being taken by people with families to support leaving few jobs for them to work while going to school. Senior citizens too are having a difficult time making ends meet with limited incomes and the cost of everything from medications to food on the rise. So, many people in these two groups find themselves looking for auto insurance discounts for senior citizens and students.

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However, the question arises just what kinds of discounts can senior citizens and students qualify for and just how much can they save on those yearly insurance rates?

That all depends on the types of discounts you qualify for and the insurance company that is giving the discounts. However, as a general rule, many discounts will allow you to save as much as 20% on your car insurance. In many cases that is a savings of between $200.00 and $300.00 a year. While that may not seem like much it can mean a great deal to people who are trying to pay for their education or who are retired and living on a small fixed income.

To complicate matters one of the easiest ways of saving money on teen car insurance simply may not be an option for either students or senior citizens. While increasing your deductible will help lower those premiums most parents of students insist that their child carry adequate insurance to cover their automobile and medical costs in case of an accident. In the case of senior citizens, many hesitate to increase their deductible knowing they would be unable to pay a large out of pocket expense should the need arise. Finding those companies that give discounts based on something other than deductibles only makes sense for these two groups of people.

Different companies offer different types of discounts to senior citizens and students so in most cases a bit of homework is required in order to find the company that will save you the most. While both senior citizens and students (as well as other drivers) may both qualify for the same discounts such as taking a defensive driving class or having anti theft devices on their cars there are other discounts that are special to one group or other such as a good grade discount or the over 50 discount.

Both seniors and students have found that is a great online resource to find companies that offer a variety of discounts. Visiting this site can give you a great start in learning the types of discounts that are available to you and some of the insurance companies that offer these discounts.

You can also speak to your current insurance company and find out what discounts they offer and whether or not you qualify to take advantage of any of the discounts your insurance company offers. There are also a number of other online sites that will help you find insurance quotes that may lower your insurance.

Finding Auto Insurance for Teenagers

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When it comes to teenagers, they are the people that most need car insurance, however; they are also the riskiest drivers for insurance companies. So how do you find auto insurance for teenagers? That is what we are going to discuss in this article. Not only will we explore how you can find car insurance for teenagers but we will also discuss exactly what type of coverage a teenager will need.

Shopping around for car insurance, especially for a teen is going to be one of the most important things that you can do. The reason is that auto insurance for teenagers is very expensive and you want to make sure that you not only find the very best price but also find the best coverage possible, that way, you can ensure that your teen is getting the best deal.

Teenagers, as mentioned above are the riskiest drivers for an insurance company to take on, that is why shopping around is so important be auto insurance can be extremely high for teenagers. Whenever you are ensuring a teen, getting at least 10 quotes before making a final decision is the best option that way your premium is going to be the best.

There are many different options for you to go with whenever you are looking to insure a teenager; you just have to make sure that you are doing your research – and the best place to do this is searching for insurance info online. For one, you can actually add your teenager to your own policy. Is that better than opening up a new one? Well, that depends.

If you are planning on adding your teenager onto your current policy, you want to ensure that you talk to your insurance agent about it and find out exactly how much your car insurance premium is going to go and exactly how much your teenager’s insurance would be without being added onto your premium.

Whenever you add someone onto your premium, you want to make sure that they are an extremely safe driver, which is one of the major reasons why it is risky to add on a teenager onto your policy, for they typically get a lot of tickets within the first couple years. Tickets are something that will certainly help with making your car insurance premium that much higher.

Finding the right car insurance for your teenager is not something that has to be stressful; however you just want to ensure that you are making smart choices where your teenager is concerned. Based on your teen’s age, their time licensed, driving record and occupation as well as their commute, placing your teenager on your policy might be beneficial as that can save them some money.

Research is the biggest part that is played in finding the right auto insurance for teenagers and it is not something that should be taken lightly. Whether you do it online or you call up a few different car insurance companies, make sure that you are comparison shopping and finding the best deal! After all, that and the amount of coverage your teen gets should be a top priority.

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