How To Help Your Teen Driver Save Money On Auto Insurance
Posted on: 10 September 2021
Getting a driver's license is an exciting time for most teenagers. They no longer have to rely on their parents to take them to school, a friend's house, and other places. However, a driver's license comes with extra responsibilities, including paying for auto insurance. Car insurance premiums tend to be higher for teen drivers, but you can take steps to help lower your teen's rates.
Inspire Your Teen to Get Good Grades
Maintaining a good grade point average can offer many benefits for high school students, including getting into a good college and having more career opportunities in the future. It can also help lower auto insurance premiums. That is why you should always motivate your teen to complete homework and study hard.
Consider Installing a Telematics Device
A telematics device is designed to monitor your driving behaviors. If you want to help your teen driver save money on car insurance, you should think about installing this device in your vehicle. If your teen practices good driving habits, the telematics device will be able to report that to your insurance company.
Choose a Safe Vehicle
Although your teen might dream about cruising around in a sports car, it is not practical. In fact, this kind of vehicle can make your teen's insurance rates go up. To save money on auto insurance, you should select a safer vehicle for your teen that includes features like anti-lock brakes and power steering.
Ask About Drive Break Discounts
If your teen does not drive during certain months of the year, you should let your insurance company know. For example, if your teen is away at college without a car, your insurance company may offer you a discount.
Sign Your Teen Up for a Defensive Driving Course
Teen drivers tend to get charged more for auto insurance because they are not experienced behind the wheel. Another effective way to help your teen save money on premiums is to sign him or her up for a defensive driving course. During this course, your teen will learn how to become a safer driver. After your teen completes the course, your insurance company may decide to lower your auto insurance rates.
There are quite a few ways to help your teen driver save money on auto insurance. If you have additional questions about your auto insurance policy, you should get in touch with your insurance agent as soon as possible.
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