Young Driver Insurance Loophole

In north carolina there is an old loophole in the car insurance rates for young drivers which has technically been closed but with the right help you can still put this to work for you and cut your auto insurance costs by hundreds of dollars each year. Short of slipping through some legal loopholes most of us aren t aware that we can get away with paying a lot less for our insurance just by setting it up a little bit differently. At clinard insurance group in winston salem nc we specialize in helping families with teen drivers and we know exactly how to make this.

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Due to an auto insurance loophole a completely innocent driver may be liable for damages caused by the at fault driver after an accident.

Young driver insurance loophole. This was the case for a york county woman who was involved in an accident with a doordash delivery driver in april of this year. Any answers may contain unethical means which will be used for informational purposes only. In north carolina there is an old loophole in the car insurance rates for young drivers which has technically been closed but with the right help you can still put this to work for you and cut your auto insurance costs by hundreds of dollars each year. 5 insurance loopholes that will save you money on car insurance.

The trick is knowing what to ask for and when to ask for it. This was a hot topic during thanksgiving recently i had a friend 16 years of age who had been in a car accident a minor fender bender note. On average your insurance rate will increase 130 percent after you add a teen to your policy costing an extra 2 000 yearly. Posted august 5th 2011 filed under advice how to.

There is a reason teenagers cost more to insure. New drivers are among the most dangerous on the road and have a higher rate of accidents and file more claims compared to the average driver.