If your teenager recently took their driver's exam and passed after their road test, they are most likely excited at the prospect in heading out onto the road, legally. You will be required to provide car insurance for your teen driver before they are able to take a vehicle out of your driveway. Getting insurance for a teen driver is often an anxiety-ridden time for the parents of a new driver because of the cost associated with it. Here are some tips you can use to keep your teenager's car insurance within an obtainable amount without skimping on the amount of insurance you select to protect your teen and the vehicle they drive in the process.
Bundle Your Insurance For Discounted Rates
Ask your current insurance company if they provide discounts if you have more than one type of insurance through their company. You may want to consider moving your homeowner's or life insurance policies to the same corporation handling your vehicular insurance if you have not bundled policies already. The discount you obtain may offset the amount added for your teen's insurance costs.
Sign Your Tennager Up For Safety Courses
Your teen will benefit from taking driver's courses in a professional setting. Ask your insurance company for a list of schools and courses that would provide a discount on the amount of your teen's insurance at the completion of coursework. Most high schools have driver's education courses available for students but these usually do not allow for discounts via insurance companies. A driver's education teacher however, may be able to point your teen into the direction of a reputable course in your area that would offer them safety skills on the road as well as money off their insurance policy.
Make Sure Safety Features Are Used
Make sure your teenager is driving a vehicle with high safety ratings rather than a sports vehicle, which would add money to the insurance bill. Doing research in advance to determine what type of vehicle your teen should drive will aid in keeping your insurance rate down as well as help in protecting your teen as much as possible while on the roadway.
A vehicle that is equipped with additional safety features to help in keeping your teenager safe on the roadway will come with reductions in your insurance bill. Using a computerized program which is installed in your teenager's vehicle to track their driving habits can also be a lucrative way to keep insurance amounts down. The insurance company will be alerted of the driving patterns and will use this information to ensure your teen is doing the speed limit and obeying traffic laws. An evaluation of your teen's driving habits will then be done to come up with a discount rate if applicable. Using a car alarm and air bags in the vehicle will also help to keep rates at a minimum.
Talk to a place like Northeast Insurance Agency for more suggestions and tips on how you can get discounts on your teen's insurance.