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“Insurance is an arrangement in which you pay money to a company, and they pay money
to you if something unpleasant happens to you, for example if your property is stolen
or damaged, or if you get a serious illness.”
Lower Premiums for Young Drivers
1) Be named as an occasional driver
as opposed to a principal driver for
a vehicle under the insurance policy of
a parent or guardian.
2) Insurance companies lower their
required premiums for those who
undertake a driver-training course.
It is advisable to shop around for an
insurance company offering this.
3) Some insurance companies offer
student discounts. These discounts
may apply to young drivers with good
grades and/or even to young drivers
who stay away from home for part of
the year.
4) Dealing with insurance premiums is a life-long issue. It is wise to build a good driving record that is free of at-fault accidents. Lower your future insurance premiums by starting young with good driving habits.