Posted on: 27 November 2017
Seeing your teen learn to drive can be anxiety-inducing enough before you see the effect they have on your auto insurance rates. Teenagers tend to be more expensive to insure since they have less driving experience and are more accident-prone than older adults. Thankfully, there are things you can do to help mitigate this and get lower rates for your teen's auto insurance. Here are a few ideas:
Focus on Safety When Car Shopping
The type of car your teen drives will have a big impact on how expensive their car insurance ends up being. Whether you are buying them a car, they have been saving up from a part-time job, or you're just going to have them drive your family car, for now, safety is key. Instead of opting for a flashy sports car, choose something with as many safety features as possible. Double check the car's safety rating since this is also a factor insurance companies look at when setting premium rates.
Look Into Telematics
Many car insurance companies now offer telematics devices, which track driving habits and give discounts for safe driving. This option will only help if you are confident your teen is a safe driver, so be sure they've had plenty of safe driving instruction and that you have modeled sound techniques for them as well.
Driving at or under the speed limit, gliding to a stop instead of braking hard, and avoiding abrupt lane changes will all help your teen snag a safe driver behavior discount. Plus, some parents gain peace of mind from knowing their teen's driving behavior is being tracked.
Ask About Good Student Discounts
Many car insurance companies also offer discounts for teens who get good grades in high school or college. Double check the requirements with your insurance provider and use this as extra motivation for your teen to study hard. In most cases, you will need to submit an official report card or transcript after each semester to continue receiving the discount for your teen.
Sign Your Teen up for Defensive Driving
Going above and beyond the minimal instruction and drive time required to get a license is another great way to get a discount. Defensive driving classes will help keep your teen safe on the road, and in most cases will help snag a discount as well.
Being proactive about finding discounts for your teen's auto insurance and following these tips can save you a lot of money. Check out a website like http://www.crowelinsurance.com for more information and assistance.Share