If you are purchasing CO auto insurance for the first time, there are a number of things you should be considering, especially if you are under the age of 25. Young drivers are automatically classified as high-risk drivers, irrespective of their motoring history and the length of time they’ve been using a vehicle.
National accident statistics are particularly damning where young car owners are concerned. For male drivers, premiums are amongst the highest in any classification group used by CO auto insurance companies. Young female drivers only tend to fair slightly better. Unfortunately, the statistics tell us that any driver under 25 years of age is more than twice as likely to be involved in a fatal road traffic accident as any other motorist.
To combat extortionate auto insurance rates, young drivers have the option to take part in an advanced driving course. Here, they will learn to drive defensively and become a safer road user. Accident awareness skills are increased, a more detailed approach to road use is investigated and participants undertake a physical driving test that ensures all new skills are being implemented. A pass certificate from an advanced driving course can see savings of up to 10% made on a typical CO auto insurance deal.
Academic prowess is also seen as a sign of responsibility and the state of Colorado recognizes young drivers who apply themselves well at school. If certain criteria are met and maintained, auto insurance rates are reduced for young drivers as a reward for their conscientious attitude and endeavor.