Insurance For Young Drivers And Civil Law Suits

In today's world, most people consider cars a necessity and not a luxury. However, cars are still considered large purchases, and not something we rush out and buy every day or at the drop of a hat. Maintaining a vehicle and the additional car insurance, gas and expenses that go along with owning one is a large chunk of anyone's budget and not an easy task to complete.

In almost every state in the USA, car insurance is a legal requirement. Young drivers often have a difficult time buying car insurance. This is because many young drivers have accidents. They also tend to drive fast, exceeding the posted speed limits. Even though it isn't easy to find, there are some insurance companies that are willing to write auto insurance policies for young drivers.

If your child is a teenager and is keen on taking the vehicle on road, you must consider buying an auto insurance policy in his name. To this extent, you may conduct a study on various vehicle insurance rates and also a research on commercial motor insurance companies and their policies in order to decide on an affordable policy for your child.

Before insurance companies will issue a policy to young drivers, they will obtain and confirm information about the vehicle, including the model, serial number and the safety features the vehicle includes. The insurance company may also ask about the educational background of your child, because students who excel academically are often given discounted rates.

In addition to the information listed above, the car insurance company will also review the driving record of your child. The company will check for vehicle accidents and tickets or citations. If the child has a clean driving recordno tickets or accidents, he or she will receive a better premium rate than if there are tickets or citations.

Although some insurance companies will not accept young drivers as customers, there are many auto insurance companies that are willing to tap into this market. They are looking for the best customers for the company, though, and require that the young drivers meet their standards and requirements.

To give you an idea how insurance and the legal system would work in the event of an accident, let's look at a scenario in which your child was involved in an accident. In this example, your child is not at fault, the other driver caused the accident. There is damage to the vehicle your child was driving, so you make a claim under the auto insurance policy that was purchased in the child's name for the property damage to your vehicle. The insurance policy will pay for the damages per the policy agreement.

Secondly, if you still feel that you have not been adequately compensated for the damages suffered by your car and some small injuries suffered by your son and also the mental agony suffered by you, you may still file a civil suit against the other driver and claim a compensation which you consider legitimate in the circumstances. Legal proceedings take time and you need to have lot of patience, until justice is done.