Auto Insurance Fronting -
With the cost of car insurance going up all the time parent and young drivers are looking at every way they can to save Money. It can cost more than the price of the car for a new driver who is young to insure themselves and this is where many parents are turning to auto insurance fronting to get cheaper insurance for their car.
This insurance fronting is where parents insure the car in their name as the man driver where in fact the main driver is really their child and many parents do not realize that this is, in fact, illegal because they have falsely stated they are the main driver. Many parents who realize this do not care because of the enormous cost of car insurance.
What is the difference between auto insurance fronting and having your child as a named or secondary driver?
The main difference is that in many cases you have a child who does not even live with you but you put down as living at the same address, just so they can go on your policy. Doing this is fraud. If you state that the other driver is the main driver and they are not this is fraudulent too.
Many people are willing to risk this because in many cases they can get away with auto insurance fronting, but if they get caught the penalties are severe and can result in a loss of license and insurance. There are other legal ways to reduce the cost of auto insurance for young drivers.
Here are some ways to get cheaper auto insurance for young drivers without resorting to auto insurance fronting.
#1 Get an advanced driving certificate. This can reduce your insurance policy by up to 30%.
#2 Get a cheaper car. Let us be honest. No one wants a cheaper car but plenty of young drivers minor accidents and even if they don't the cheaper the car the cheaper the insurance cover and you only need to do this for the first year or two.
#3 Add security features to the car such as anti-theft devices and park the car off-road or in a garage. This will reduce the premium further.
#4 If the driver of the car is a student look around for car insurance companies that give discounts to students. If you look at auto comparison sites you will discover many insurers give discounts to students with a good GPA.
If you want to get cheaper auto insurance for young drivers avoids taking a risk with auto insurance fronting. Follow these tips and use an insurance comparison site to save up to 50% on young drivers insurance.
Here is the best resource for Cheaper Auto Insurance for Young Drivers [http://expectmorechecks.com] just click here [http://expectmorechecks.com] To save money now.
Article Source: http://EzineArticles.com/expert/Brian_Bannon/410644
Article Source: http://EzineArticles.com/4621257
With the cost of car insurance going up all the time parent and young drivers are looking at every way they can to save Money. It can cost more than the price of the car for a new driver who is young to insure themselves and this is where many parents are turning to auto insurance fronting to get cheaper insurance for their car.
This insurance fronting is where parents insure the car in their name as the man driver where in fact the main driver is really their child and many parents do not realize that this is, in fact, illegal because they have falsely stated they are the main driver. Many parents who realize this do not care because of the enormous cost of car insurance.
What is the difference between auto insurance fronting and having your child as a named or secondary driver?
The main difference is that in many cases you have a child who does not even live with you but you put down as living at the same address, just so they can go on your policy. Doing this is fraud. If you state that the other driver is the main driver and they are not this is fraudulent too.
Many people are willing to risk this because in many cases they can get away with auto insurance fronting, but if they get caught the penalties are severe and can result in a loss of license and insurance. There are other legal ways to reduce the cost of auto insurance for young drivers.
Here are some ways to get cheaper auto insurance for young drivers without resorting to auto insurance fronting.
#1 Get an advanced driving certificate. This can reduce your insurance policy by up to 30%.
#2 Get a cheaper car. Let us be honest. No one wants a cheaper car but plenty of young drivers minor accidents and even if they don't the cheaper the car the cheaper the insurance cover and you only need to do this for the first year or two.
#3 Add security features to the car such as anti-theft devices and park the car off-road or in a garage. This will reduce the premium further.
#4 If the driver of the car is a student look around for car insurance companies that give discounts to students. If you look at auto comparison sites you will discover many insurers give discounts to students with a good GPA.
If you want to get cheaper auto insurance for young drivers avoids taking a risk with auto insurance fronting. Follow these tips and use an insurance comparison site to save up to 50% on young drivers insurance.
Here is the best resource for Cheaper Auto Insurance for Young Drivers [http://expectmorechecks.com] just click here [http://expectmorechecks.com] To save money now.
Article Source: http://EzineArticles.com/expert/Brian_Bannon/410644
Article Source: http://EzineArticles.com/4621257
