Will a driver’s ed class really lower my car insurance?
Auto insurance is a necessary expense for anyone with a car, and it can be quite pricey for some people. Young drivers especially pay a lot for auto insurance. Because they have very little driving history to base rates on, car insurance companies must use statistical information to decide how much to charge for a policy. Teenagers and young adults are notoriously accident-prone, with teens having the highest number of accidents of any age group of drivers.
Young people aren’t the only ones who pay a lot for car insurance.
People with bad credit, unmarried men and drivers with multiple traffic citations or a history of DUI will all pay higher rates than other drivers. People who have had car accidents may see their rates double or even triple afterward, and it can take a long time to lose the effects of a bad driving record.
Fortunately, there are ways to reduce the cost of auto insurance. By taking advantage of discount programs when they’re available, an insured can reduce the price of their premiums and afford more coverage than they could otherwise purchase. Some common discounts include good student discounts, safe driver discounts and multi-policy discounts.
One option that some drivers may not be aware of is the opportunity to take advanced driver’s education courses for a discount on their auto insurance. This is a great option for people to take advantage of if they are unable to qualify for other discounts, and it can also be used by people in conjunction with other discounts for even greater savings.
Why do auto insurance companies offer these discounts?
Auto insurance companies calculate the cost of insurance by determining risk. The higher the risk of a person being involved in an accident, the more their insurance policy will cost. Poor driving habits contribute to auto accidents; people who routinely disregard traffic laws or who do not obey right of way frequently cause accidents. People are also at a high risk of being involved in an accident if they are inexperienced drivers and do not have the reaction time necessary to avoid a collision. If a person can avoid these risk factors and prove it to the insurance company, he or she can pay lower premiums.
This is why driver’s education courses can help a person save money on car insurance. Certain courses, such as defensive driving, teach a person how to drive in a way that reduces the likelihood of accidents. Once a person finishes the course, he or she will receive a certificate or some other proof of completion that can be passed along to the insurance company.
Even if an insurance company does not offer a discounted premium to its customers for taking a driver’s education course, the skills learned in the course may help a driver maintain a safe driving record, which will translate into lower premiums overtime. Nevertheless, it’s always a good idea to check with the insurance company to see if this type of discount is available.
Where to Take Driver’s Education Courses
The easiest way to find an advanced driving course is at the DMV. You can call or check the website to see if there is any information posted. The sign-ups will usually be posted in advance and will last until the class is filled or a deadline is reached. The course may cost a small fee, but it’s usually very affordable and the insurance company may even refund the price to you depending on the company’s rules.
Public libraries may also have driver’s education courses that they offer. Check with the librarian to see if any upcoming events are available in your community. As an added benefit, library classes are usually free, so you only have to worry about singing up early enough to reserve a seat.
Taking a driver’s education course isn’t guaranteed to save you money on auto insurance, but it’s definitely worth taking the time to do. The skills learned through such a course can help to hone your own skills and make you a safer driver, which is well worth the time and small fee involved.
If your insurance company does provide a discount for taking the course, you can use it to help reduce your premiums even if you are a high-risk driver. Taking the first step toward improving your driving record is definitely a good way to improve your insurance company’s confidence in you and lead to lower premiums in the future. As your driving record improves, you will see more discounts throughout the life of the policy.