If you happen to fall into a high risk group when it comes to automobile insurance, unfortunately you’re going to have to pay the price. In Washington State the law is fairly simple: automobile insurance companies are permitted to charge rates that reflect a person’s age and gender. For young men, who fall into the category of high risk drivers, this can mean very expensive premiums.
There are ways to reduce those costs, including:
Taking a driver’s preparation course. Many insurance companies offer a discount to high risk drivers who take safety classes. Proof of completion of the course will need to be presented to enjoy this benefit.
Being married. Although you likely don’t want to get married just to save on car insurance costs, it’s good to note that many insurance companies will offer a discount for married couples.
Moving to a less populated city. If you live in a locale that is highly populated, it poses more of a risk and therefore your rates may be reflective of that. Many people who live in remote areas pay substantially less in premiums for their vehicles.
Driving history. The more speeding tickets and accident claims you have, the higher your premiums will be. Driving legally and safely always can really reduce insurance costs.
The biggest thing to remember when you are a young or high risk driver is that each year that passes that you remain claim-free helps improve your chances of lower insurance costs. For a young person just learning to drive, one of the best options is for them to be placed as an occasional driver under a parent’s policy. Over time, they’ll build up a solid reputation as a good driver and this will help when it comes time to shop for their own policy.