I’m a mother of a 19 year old kid. He is starting a delivery service and I am worried about car insurance. What can I do as a mother to find the cheapest  commercial vehicle insurance.

Marian

Jackson, MS

Your kids will not drive their toy cars forever. Eventually, they will grow and learn to drive the real thing. Although the idea of it can be uplifting (knowing your babies are grown up and starting to be independent); it can also be daunting. It is simply because they are inexperienced and they are not yet fully aware of the dangers of the road.

Well you can always do something about it. You can be a role model to them. Teach them how to drive safely. Enroll them to driving classes. However, we can never tell when accidents will happen. They might not find it but it can find them. Let us face it. The world is full of careless and irresponsible drivers.

Therefore, if prevention does not work, the right protection you can give to them is car insurance. However, there are certain things you need to learn about car insurance for young drivers.

First, expect that purchasing car insurance for young drivers will wind you paying for higher rates. As mentioned above, most of them are inexperienced drivers. Therefore, they are most likely at risk for accidents. Second, statistics have proven that younger drivers are also prone to accidents. Insurance companies consider age as a factor for calculating premiums. In this case, it will normally be high. Third, the gender of your kids can also affect your rates.

However, you can always save if you decide to cover them under your policy. You can also inspire your kids to get good grades at school. Encourage them to keep a clean driving record. Lastly, pick out cars, which are safer to drive. Eventually you will be entitled for discounts to lower you rates. Doing these things will not only protect your kids from accidents; your savings is also ensured.

What are the factors that affect the rate of auto insurance in North Little Rock, AR? I’m about to get my car insured for the first time. I’m going solo and will be out of my mom’s car insurance soon. I’m totally lost about insurance rates. Can you give me some tips?

Dante

North Little Rock, AR

There are several factors that affect your premiums to go up or go down:

1. Driving Record. Were you able to maintain a clean driving record? If you have, then you’re up for a discount.

2. Age. Are you less than 25 years old? If you are then, you’re just up for higher premiums. Auto insurance companies offer higher rates to younger drivers because they are often involved in vehicular accidents as compared to older drivers.

3. Type of car. Are you driving a sports car? a fancy car? If you are, then you might want to consider getting an inexpensive car first. The higher the value of a car, the higher the rate for it to be insured.

4. Driving Miles. Do you drive more? If your driving miles is less than 10,000 miles per year then you’ll surely get lower rates. The more driving miles an insured driver has, the higher the risk of getting in an accident so the higher your premiums will be.

5. Your place of residence. Do you live in a rural area? If yes, then you’ll have lower rate. Insured drivers who live in urban areas are more prone to be involved in accidents and thefts as compared to a peaceful place like in rural areas.

Those are just some of the factors which can help you determine if you’ll get cheap car insurance rates or not. Don’t forget to check websites to compare auto insurance rates. I hope you’ll find the best insurance that will work for you.