Adding a teenage driver to your family is a big step. However, you won’t have to blow your insurance budget when you follow these important tips.
Money-saving Auto Insurance Tips for Teen Drivers
You feel like you just brought her home from the hospital, but your teenage daughter now has her license and is ready to hit the road. Adding a teen driver to your family might seem overwhelming at first, but it’s good for teens to develop some independence while still living at home. However, you don’t want to spend a fortune adding your teen to your auto insurance policy. Implement some of the following tips to keep your costs as low as possible.
Ask About Discounts
This tip sounds basic, but it’s vital to ask your insurance company about every possible discount that might be an option for your teen. Taking a driver’s education course is required by some states for licensing, but it’s a great option even for teens who aren’t required to take it. Some insurance companies will lower your teen’s rates when they provide proof of driver’s education.
Working hard in school won’t just help your teen get a college scholarship: It can also help you right now by reducing your rates for auto insurance in Las Vegas. Finally, be sure that you are accurately reporting how often your teen drives. If the mileage is low, your insurance will normally cost less.
Select the Right Vehicle
It won’t surprise you to find out that the type of vehicle you select will greatly influence your teen’s car insurance premiums. According to the insurance companies, a teen driver who is behind the wheel of the old family minivan is more apt to drive safely than a teen who is cruising around town in a flashy sports car. You want your teen to be as safe as possible while driving, so select a vehicle that is solid without being overly powerful. This will help your teen avoid the temptation for risky driving while keeping your insurance costs at more reasonable levels.
Make Safe Driving a Priority
Nothing will raise your teen’s auto insurance costs faster than unsafe driving. Even just one moving violation can make a big difference, so it’s vital to make safe driving a priority in your household.
Remind your teen that driving is a privilege and not a right. Many parents find that it’s helpful to develop a detailed safe driving contract that they create and sign with their teens.