The combination of a powerful car and a young driver is a near death sentence in the car insurance industry. Quite simply, powerful car young driver car insurance has plenty of moving parts that speak of negative statistics on both the type of car and the age group involved. It’s a fact: powerful cars like a Hummer H2 (popular in the United States) or a $120,000 Rolls Royce driven by a young driver will command the highest premiums of any car insurance age group and model car.
Powerful cars are more expensive to repair. Therefore, it is more expensive to insure. Auto insurance companies recommend that young drivers start out with well maintained cars that do not have as many modifications and that have smaller engines. Younger drivers also share the distinction of having some of the highest accident rates on the road. Statistics have shown that 10% of all drivers in the United States are made up of young drivers, yet are responsible for 29% of all accidents on the road. This is a high risk in itself, and car insurance companies will raise their premiums accordingly.
However, with powerful cars, car insurance companies may feel the need to skyrocket their premium rates even more. If your young driver bought a new powerful four-seater for his/her birthday and driving it is the only option, you may still find deals on powerful car young driver car insurance by visiting comparison quote sites and shopping around. U.S. based sites like insurance.com pairs different car insurance companies side-by-side so features can be compared for your convenience. It is an excellent way to find the best (or least punishing) deal. For the sake of the numbers, try to avoid getting powerful car young driver car insurance altogether and opt to have your young driver drive a safer, less extravagant car for savings.
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