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15/05/2007

Ohio teens enjoy cheap young driver car insurance

The price of young driver car insurance in Columbus, Ohio is dropping thanks to new state laws which restrict teenage driving.

Several car insurance companies have lowered their prices since the legislation came into effect on 6 April 2007, limiting the night time hours teens can drive and the number of passengers they can carry.

Within a month, many firms had dropped the price of young driver car insurance by a figure in the region of 5-10 percent, leading to an appreciable saving for Ohio motorists.

"Insurance companies are starting to see lower losses from teen drivers, and they are turning around and passing those savings onto customers," said a spokesperson for the Ohio Insurance Institute.

However, some car insurance companies are waiting for clearer signs of the new law's effectiveness before they revise their prices. Other states with young driver legislation report an average 23 percent drop in teenage road accidents since its introduction.

 

 

 

 

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*A replacement car can usually be arranged under any of the following conditions:

1.Non fault accident – where we have the name, car registration number and insurance details of the person who caused the accident, we will supply a replacement car on a credit hire basis. This means the charges for this service will be passed onto the insurance company of the person who was responsible for the accident. This service may not be available where we are unable to get an admission of liability from their insurance company, or wherethe driver is unknown or uninsured.

2.If you have comprehensive insurance, a replacement car may be available under the terms of your insurance policy. Please check your policy details for more information.

3.The repairing garage may be able to provide a replacement car. This is subject to availability.


 

Young driver car insurance

Young driver car insurance