I’m adding a teenager to my policy. How do I keep my rates low?

Michael

Good question.

Adding a teenager to your car insurance policy means high costs all around. It could mean the doubling or tripling of the current amount of your auto insurance premium, and because of that the best amount of effort should be put into keeping that premium down, a lot of the responsibility for keeping it down should be put on the shoulders of the teenager. In order to find out who will be best suited to insure you and your teen, you should get free instant auto insurance quotes and compare prices. But that’s not all. While they should naturally try to avoid accidents and drive safely, there are plenty of other ways for them to stay safe on the road and still be saving you money in the car insurance office.

• Driver’s ed.

Most teenagers under the age of eighteen take some kind of driver’s education course before they get their license, as required by law. However, these classes aren’t always considered enough for creating safe drivers. Getting them an additional class in driver’s ed or defensive driving can get you a discount on your car insurance, even though research shows that these classes don’t decrease the amount of accidents.

• Good grades.

Get your kid to study hard in school for their driver’s privileges. The upside of this is that, if your student brings home all B’s or above, most car insurance companies will give you as much as a fifteen percent discount on your premium.

• Mileage.

Many car insurance companies offer discounts for low mileage cars. Usually, this is under five thousand miles every year. If you restrict your teenager’s driving practices and keep the car as strictly school and back affair, then you could save money from a low mileage discount.

Cheers,

Fashun Guadarrama.