How to Reduce Teen Auto Insurance Premiums and Keep Them Low
How to Reduce Teen Auto Insurance Premiums and Keep Them Low
There are many parents who don't want to add their teen driver with their insurance simply because of the high cost of teen auto insurance premiums. If you are one of those parents, there are lots of ways you can actually save money.
Inquire About Discounts.
Since there are various kinds of discounts which are being offered by insurance companies, you have to ask about them. If your teen has a grade point average which is a 3.0 or higher, then he can be eligible for the good student discount. This is because insurance companies have realized that teens that have good grades normally possess personal responsibility. They are not reckless with their cars.
If you have not yet given a car to your teen, opt for an older car model. This is because it is more cheaper to insure an older car. But ensure that it still has the safety features like passive restraints and anti-lock brakes. Also, install anti-theft devices for your advantage. Such features of anti theft and safety can make your teen be eligible for a discount as well.
Enroll your teen in accredited driving courses as well as a program for defensive driving. This is because having such trainings will enable you to get cheaper teen auto insurance premiums.
Teach your teenager to focus on driving instead of reading text message or receiving a call. Tell them that no matter how small their accident is, it will double their insurance premium.
Do some research.
You can also search online to look for the best option regarding adding your teenager to your existing policy. Since there are different rates and restrictions for each company, make sure you use the online quotes. Making use of this service will let you avoid the unnecessary sales talk.
It is advisable to look for 2-3 online quotes. When you have them, you can then ask your local insurance agent so that he will give you a similar quote.
When you are able to find one which fits your budget and can protect your teen, you should get in touch with the company or the agent. This is probably one of the very best things which you can do. Click here to save your money and a cheaper teen auto insurance premium.
