I am 18, and I am sick of paying outrageous prices for auto insurance. When will my rates go down?

Unfortunately, when you are 18 you are still considered a high risk driver, and your car insurance provider will charge you higher rates. Normally a young driver will see their auto insurance rates drop once they reach the age of 25, so you still have a few years of paying higher rates to go. Some auto insurance companies will give drivers a break at the age of 23 if they have a clean driving record. It is very important that you do your best to stay accident and ticket free. The longer you go without a claim or ticket, the cheaper your insurance rates will be. Every auto insurance company is different, so being a safe driver is the best thing you can do to get cheaper rates faster. If you get in to multiple accidents or get numerous traffic tickets over the next few years, your rates probably won’t drop once you hit 25.

In the mean time, there are a few things you can do to ensure that you are getting the cheapest auto insurance possible. If you are a student and have good grades you may qualify for the good student discount. This can really help lower your auto insurance rates even though you are a young driver. Also, you might want to consider taking a defensive driving course. These courses teach you how to be a safer driver as well as lower your car insurance rates. You should also compare auto insurance quotes from at least 3-5 different companies once a year before you renew your auto insurance policy. This will guarantee that you are getting the cheapest rate possible.