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This is the reduction or discount on auto insurance premiums for which young drivers become eligible upon completion of a driver education course.
This discount is meant for those drivers who would generally not meet up with the regular or usual amount of premiums as billed per month.
In most states, the age limit for those eligible for discount ranges from about 45-50 years.
Generally, the premiums paid by these drivers are lower than that paid by other drivers who are not eligible for this credit.
The driver education program has really made a big impart on the lives of average drivers and the auto insurance industry; creating more insured individuals on reduced premiums and improving the standard and level of auto insurance companies.
This discount is meant for those drivers who would generally not meet up with the regular or usual amount of premiums as billed per month.
In most states, the age limit for those eligible for discount ranges from about 45-50 years.
Generally, the premiums paid by these drivers are lower than that paid by other drivers who are not eligible for this credit.
The driver education program has really made a big impart on the lives of average drivers and the auto insurance industry; creating more insured individuals on reduced premiums and improving the standard and level of auto insurance companies.
Posted in: Glossary of Auto Insurance (D)
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