car insurance teen rate
Reader’s Question:
Hi! Im 17 and I do not have a debit account. Im planning to buy a car and insurance for it. How to I go about doing that? Thank you.
Gwen
Good question Gwen.
You may still be able to buy an insurance policy for your car even though you do not have a direct debit bank account just as long as you have the means of paying for the insurance policy in some other way.
If you buy a car insurance policy through some insurance companies accept payment in the form of: Credit Cards (Visa, MasterCard, Discover and American Express), checking account, saving account, prepaid debit card or third party. If you have chosen an insurance company where to purchase an insurance from, you may ask them about payment options that they have available, whichever is more convenient to you.
Be aware, since you are a minor. You will likely need to have a parent or legal guardian to sign the insurance papers along with you. The insurance policy is a legal contract and most states do not permit a minor to make any legal contract. This is the reason as to why, generally, it will be required of your parents or legal guardian to sign contracts along with you until you become a legal adult.
You may be able to get more information about car insurance and coverage offered from the website of these individual insurance providers. It is best to inquire first and compare prices from this companies and choose which can offer you the cheapest deal.
Goodluck!
MariCAR