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By: PRWeb
May 25, 2012 at 18:01 PM EDT
Car Insurance for Young Drivers is Costly Unless They Use This Tip

Consumer Daily launches a popular tool to help young drivers get discounted car insurance.

"Cheap" car insurance for young drivers is hard to find, but we have found 3 major discounts to drastically reduce rates for teens and young adults. It's possible to get these lower rates by using at least one of the discounts mentioned in this article.

Good Student Discount

Students with good grades get their rates lowered. Typically, a student has to be 24 years old or younger and have at least a B or 3.0 GPA. Savings are up to 20% off auto insurance premiums when claiming good grades.

Driver's Education

A driver's class isn't required in every state, but for those that take these classes receive discounts. Drivers with formal training are believed to be less likely to cause an accident.

The Most Important Discount: "Safe" Driving Discount

This is critical. Risky drivers are what every insurance company fears. How they measure this risk varies from each company. Some charge less for drivers without DUIs, traffic violations, and many other areas; but there is a way to find that "perfect" company for each individual.

The solution is revealed at the USA.gov website. It states: "To get the best coverage at the best price, get several quotes from insurance companies. It may save you hundreds of dollars a year."

Auto insurers do not tell their policyholders this, but savings vary drastically from every company.

By comparing multiple companies, you are almost guaranteeing that you will have the best rate. We have a free comparison tool that has helped over 650,000 drivers look for better rates. You may test out the tool here.

Read the full story at http://www.prweb.com/releases/2012/5/prweb9539730.htm

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