Do you have a kid that will soon be of the legal age and will be able to drive? Is the extra insurance cost for your teenager a problem for you? There are options for you to choose from, so you get some discounts but there are also some things you should know about getting car insurance rates for teenagers. Here are some of the tips that will help you.
For example, your teenager can make your insurance double or triple. That’s because teenagers are involved in three times as more accidents then people over 20 years old are.
This is also the reason why you get lower insurance rates after you’re 25 years old. Because you’re more mature and there is a lower chance of getting into an accident.
Because they don’t have experience yet and they’re still learning to drive, teenagers sometimes learn the hard way. As a teenager I was involved in 5 accidents, and before I turned 25 I had two more. After I turned 25 I had no more accidents and I can tell that my driving is much safer then before.
Some discounts can be obtained if you send your kid to some driver education classes or to drivers school. If they get their certificate and pass their classes, you can get a 10-20% discount.
If your teenager get good grades (B or better), you can also get a 20% discount on that cheap car insurance policy.
If both your driving record and that of your teenager are clean, you can get a further discount for that. Don’t worry if they get a speeding ticket or anything else, because it’s very likely to happen at some point. If they only get one, it will be wiped off after one year from their record, by using the deferral program.
Your teenager should know why insurance rates are higher for him then for adults, and you should tell him why. Who knows, maybe this will even help them on the road and keep them safer.
