If you’re a parent who is insuring your teenage driver for the first time, you may be surprised to see how much higher your premium is when your teen is added to your auto insurance policy. However, it is important that your teenager be insured if they are driving. Here are some things you can do to keep your insurance costs from being unnecessarily high.
Make Sure Your Teen Gets Good Grades
One of the easiest ways to get lower rates on your car insurance after adding your teen driver to a policy is to encourage that they hit the books. Send your insurance company proof that your teenager is earning A and B grades in high school or college, and you will see your insurance rates drop.
Get a Used Car
If you have just bought a new car and plan to let your teenager drive it, you’re going to be paying higher insurance rates than if you only allow your teen to drive a used car. A used, safe car is typically best for teen drivers.
When buying a used car for your teen, be sure to focus on cars that are only a few years old. Also, to make sure that the car is safe, check out its safety rating at the Insurance Institute for Highway Safety.
Install a Monitoring Device
Once you decide what car your teen is going to drive, you can shop for insurance that provides discounts for installation of monitoring devices. Some of these devices send notifications to you if your teen driver is speeding or provide video so you can monitor your teen’s driving habits. There are other devices that block cell phone service inside the car and monitor audio levels of the radio.
If you choose one of these devices, make sure that the cost of installing and maintaining the service does not erase any savings on your insurance policy.
Notify Insurance Company When Your Teen Is Away
Does your teenager go to college many miles away? Depending on how far away they attend school, your insurance company may lower your insurance rates and still provide coverage for breaks when your teenager is home.
Use the tips in this article, and you may be able to keep car insurance rates from places like Breitweiser Insurance Services low, even with the inclusion of your teen driver. Talk to your local insurance agent for more ideas about how you can keep your premiums low with a teen driver on your policy.
Make Sure Your Teen Gets Good Grades
One of the easiest ways to get lower rates on your car insurance after adding your teen driver to a policy is to encourage that they hit the books. Send your insurance company proof that your teenager is earning A and B grades in high school or college, and you will see your insurance rates drop.
Get a Used Car
If you have just bought a new car and plan to let your teenager drive it, you’re going to be paying higher insurance rates than if you only allow your teen to drive a used car. A used, safe car is typically best for teen drivers.
When buying a used car for your teen, be sure to focus on cars that are only a few years old. Also, to make sure that the car is safe, check out its safety rating at the Insurance Institute for Highway Safety.
Install a Monitoring Device
Once you decide what car your teen is going to drive, you can shop for insurance that provides discounts for installation of monitoring devices. Some of these devices send notifications to you if your teen driver is speeding or provide video so you can monitor your teen’s driving habits. There are other devices that block cell phone service inside the car and monitor audio levels of the radio.
If you choose one of these devices, make sure that the cost of installing and maintaining the service does not erase any savings on your insurance policy.
Notify Insurance Company When Your Teen Is Away
Does your teenager go to college many miles away? Depending on how far away they attend school, your insurance company may lower your insurance rates and still provide coverage for breaks when your teenager is home.
Use the tips in this article, and you may be able to keep car insurance rates from places like Breitweiser Insurance Services low, even with the inclusion of your teen driver. Talk to your local insurance agent for more ideas about how you can keep your premiums low with a teen driver on your policy.
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