| By :
Marilyn Katz
Have you found that your insurance company wants a lot of money to cover a young driver in your family? However, insurance companies do view young drivers as risky to cover. This applies to teens and young adults under age 25. This is nothing personal about your own child. It is just that young drivers, as a group, tend to make a lot of claims. They also have not had time to establish their own driving history. This is just because they are young and have not been driving for a long time. Many parents are shocked when they get the first rate notice for the child that just got a drivers license. They had time to establish a good driving history and good credit. Their son or daughter has not had this opportunity. Some families get their rates doubled or tripled when Junior starts to drive! There are some ways to make teenager car insurance rates more affordable though. You do not have to accept the first offer you get to insure your child. Your child has little bargaining power on his or her own. But your family probably does have power. You can take advantage of discounts of multiple drivers. You can also find discounts for home and auto policies that can help save a lot of money. Your total bill will probably be lower if you keep your child on a family policy. That does not mean you have to stick with your old company though. If your old insurer is charging a lot to cover the youger drivers in your family, you have the right to shop around. You may be able to find a more teen friendly company that will offer you a break in order to get your family business. Some insurers also recognize that young drivers do grow up into mature drivers. In time, they will have their own families to cover. As part of a long term strategy to cover your business, they may cut you a better break. Be sure to to take advantage of discounts your teen driver may qualify for as well. Many insurers, but not all, offer a discount for approved drivers education courses. The course can make your son or daughter a better driver, and it can save you some money on your monthly premiums. Other common discounts are given for good students. If your son or daughter has a B average, he or she may qualify! Keep in mind that your teen driver may also benefit from other auto insurance discounts. Many insurers offer price breaks for alarms or a safe vehicle design. Taken individually, some discounts may only save a few percent. But they can add up. This may seem like a lot to consider. Many people just acccept the higher price because they are worried about how complicated it is to shop for coverage. Web based insurance quotes can be very handy tools to help you compare area plans and policies!
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