Auto insurance for teen drivers

Do you have a freshly licensed driver in your household? Reduce your stress by knowing the ramifications of your auto insurance coverage.The thrill of having a first-time driver in the family is frequently tempered by fear for parents. Immature drivers are more likely to be involved in an accident since they have minimal driving expertise. Of course, safety is the most important issue for most parents, but other concerns, such as the high expense of insuring your new driver and the financial responsibility consequences of a juvenile driving accident, can be mitigated with these procedures.

Call your insurance agent before applying for a learners permit.


Your agent or representative can plainly explain the expenses of insuring a teen driver. The good news is that if your adolescent has a solid driving record, insurance prices will decrease as he or she becomes older. Therefore…

Include your teen in the vehicle insurance conversation.


It’s critical to explain to your child about the link between driving a car and the associated obligations, like insurance expenses, from the start. Explain and reinforce driving safety recommendations, as well as the significant implications of violations or accidents, such as increased insurance costs.


Encourage good behavior.

Automobile insurance provide discounts or lower premiums to:

  • Students that maintain a “B” average or above in school
  • Teens who complete a certified driver education course
  • College students who live at least 100 miles away from home and do not drive to campus
  • Selecting the Best Auto Insurance Company

It is usually less expensive for parents to add teenagers to their vehicle insurance policy than it is for teenagers to buy one on their own. You may be eligible for a multi-vehicle discount if you cover your teenager’s car with your insurer. However, insurance companies vary in how they price coverage for young drivers, so do some price comparison shopping to ensure you discover the best match for you and your kid.

Assign your teen to the appropriate vehicle.

Find out how your insurer distributes drivers to cars—some insurers will assign the most costly to insure driver (usually the adolescent) to the most expensive to insure automobile. Assign your teen to the least valued automobile if feasible.

There can be no exceptions with this type of arrangement; your child must use just the automobile to which he or she is assigned, even in an emergency. If your adolescent is in an accident with an unassigned automobile, fines may be applied, and your own premiums may rise.

Increase your liability insurance coverage for added security.

If your adolescent is involved in an accident, the statutory minimums for liability insurance will not shield you from litigation. Consider obtaining more liability coverage—if your kid is determined to be at fault in an accident and the damages exceed your insurance limits, you may be held financially liable and may be sued in court for the amounts not covered by your policy. Depending on the size of your financial assets, you may want to consider purchasing a personal umbrella liability coverage.

Increase your deductible to save money on your premiums.

The larger your deductible, the more money you may save on your premium, so consider increasing it over the minimum necessary. You might use those savings towards increasing your liability insurance.