Car Insurance For Young Drivers – Keeping Costs Down

Are you a concerned parent looking for car insurance for young drivers? Do you want to secure the car for your teenager? Read this article to find out more about keeping costs down when considering insurance.

Parents are often worried about their teenagers driving on the roads. More often than not, they are concerned about the cost of insurance for the car as well as their security. These days, thanks to the increasing instances of teenage violence, driving under the influence of alcohol and road rage, it’s not even easy to get car insurance for young drivers. Many companies fear that they can be a greater risk and are more involved in accidents and as a result they withdraw from such insurance policies. However, of late, many companies are now offering insurance cover policies for young adults.

When considering car insurance for young drivers, you should be aware that there are many fraud companies that offer cheap insurance with poor coverage. They make claims and huge promises but more often than not, fail to live up to them. One should not be lured by such companies and make an effort to analyze the options. There are very few genuine companies that carefully take into account the needs and requirements and provide beneficial coverage.

In fact, due to the increasing numbers amongst young adults to drive at an early age, many companies have started targeting them for their insurance products. Specialized car insurance for young drivers has been launched to offer better insurance coverage.

Insurance companies have now developed a wide range of policies to offer, therefore, offering security in the worst scenarios. Companies have started offering special discounted rates for those who aim to insure their car without making any compromises to the quality of insurance cover.

Now you can also save money on car insurance for young drivers. In fact, there are a number of ways which you can reduce your premiums when considering insurance. If you have an older model car, the insurance rates can even be reduced close to about 50 per cent! Insurance companies can also offer further discounts to responsible drivers. Insuring your car was never so easy!

Car Hire

Hiring a car while going around another city or country requires a thorough knowledge of all the basic guidelines. There are several companies that provide cars for hire in every place. There are also some global car hire companies. It is very important to understand the policies of the country or the state as well as the policies of the rental company before taking a car for rent.

There are several policies and regulations relating to car hire. The renter as well as the rent agency has their own responsibilities. These are: policies in relation to coverage, driver policies, location policies, rental policies, reservation policies and vehicle policies may differ from country to country or even from state to state. Each of these policies have extensive sub-policies such as automobile liability and property damage protection, group insurance, loss damage waiver, personal accident insurance, theft protection, personal effects protection and public liability under the coverage policies. The driver’s policies could include DMV check, non-licensed renters, additional drivers, traffic violations and parking tickets, towing and other related issues. Vehicle policies could cover certain aspects like accidents and injuries, off road driving, seat belts, border crossing, information about the vehicle and others.

The major aspects to be considered for car hiring are: the rental period, conditions for using the vehicle, the daily rates, inclusive rates, prepay, convention rates, extra days, maximum/minimum rental period, gas policy, refunds, rental agreements, rental extensions, policies about returning the vehicle, etc. Some rental agencies provide premium services such as: emergency roadside assistance/accident report, parking at rental locations, shuttle bus services, special equipment in the cars like cellular phones, child safety seat/infant seat, roof racks, ski racks, snow tires, tire chains and so on.

Other aspects to be considered while hiring cars are the various fees, charges and rates applicable. Fees could include additional driver’s fees, advance booking requirements, airport concession recovery fees, drop off charges, congestion charge, late charges/overtime, premium location fee, service fee, sales tax and other mandatory fees, value added tax, vehicle license fee, surcharges, weekend rates, weekly rates, time and mileage charges and so on. Sometimes, you may also avail certain discount rates, depending on the provider and other factors. Some rental companies offer monthly rates and even free mileage allowances if the car is hired for a certain period of time, such as from 28 days to 59 days.

Most car hire programs are classified basically as: individual travel and business travel. Car hire companies have varied offers for different kinds of customers. These include: corporate programs, federal Government and military programs, business benefit programs, government contractor programs, state and local government programs, group and events programs, meeting and conventions programs, association programs etc. They also maintain different kinds of fleets for different purposes. These include economy, mini, luxury, premium, standard, intermediate, minivans/MPVs, SUVs, compact and other vehicle categories.

There are many car rental agencies in every city and town. Information can be obtained from yellow pages or from local advertisements. The internet is also a very good source for locating a good car hire agency and even applying for the hire online.