Getting the best deal and saving money on car insurance isn’t easy – it can often be confusing. If you want to save money on car insurance, be ready to do your research and make sure you get quotes from competing insurance companies. Even when you shop for car insurance rate quotes among insurance companies, it is important to know why insurance rates vary and how your “risk profile” can influence your rates.

Save Money on Car Insurance: Risk Profiles
Your risk profile is based on a set of factors which can work for or against your car insurance rates. Just two factors which insurers believe influence your risk of having an accident and filing a claim include teenagers and women drivers.

Teenagers
If you are a teenager or have teenagers, be prepared to spend more money on car insurance. Insurance companies charge more for teenage drivers because of their lack of experience and tendency toward reckless behavior.

If you have teenagers, it is generally cheaper to add them to your policy (assuming that you are their parent or relative) can significantly reduce your teenager car insurance rates. Another way to reduce your teenager car insurance costs is by having your teenager take a defensive driving class, often insurers will give discounts for this.

As your teenager gets older, generally with no accidents, insurance rates will go down. If you stay with the same insurer over a period of years, you may also qualify for a “loyalty” discount, as well as a “safe driver” discount if you remain accident-free.

Women Drivers
Women drivers are safer? Contrary to what you may have heard, it is true that female drivers in their late twenties to early thirties are the safest drivers. Females tend to be more cautious, and less inclined to speed or drive recklessly. In a Department of Transportation survey, of drivers stopped for other reasons by law enforcement officers, 25 percent of males versus 8 percent of females were not wearing their seat belts.

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