Insurance companies seem to view young male adults with a high level of suspicion hence their tendency to charge them quite high on their auto insurance. Is it possible for these young men to get lower rates on their auto insurance?
It is generally taken for granted that young male drivers are more accident prone that any other class or category of drivers hence their classification as high risk. If you consider that insurance companies generally operate a higher risk higher rate system, any young male adult looking for lower rates need to do a couple of things to reduce the rate brought about by this stereotyping.
To really get low rates as a young male Adult, you need to start right. Even before getting your car, you need to first get as many quotes as possible. This would help you decide which car would cost you more and how much you are willing to sacrifice for a particular car. This quotes actually cost nothing but are very beneficial.
To really lower your rates more. you need to begin to create a history for yourself because your personal history certainly take precedence over the generalization. So drive careful and try not to get any tickets fro violation you would eventually cut your premium (because I would advice that you review your policy after about a year or two of good driving) and you would also earn a discount for not claiming on your auto insurance.
Another option you might choose while building a history for yourself is to add on to your parents insurance while still doing all of the above. By the time you are ready to get yours, you would also have a history that would do you good.
Do not forget the importance of getting as much quotes as you can it increases your chances
of getting very low rates by four fold.