When it comes to car ownership, then car insurance forms an important component. Now, if you've got a teenage driver along with this, then the costs can actually sky rocket. Being the parent of a teenager is no mean feat. In fact, it can prove quite expensive at that. Be it cheer leading uniforms, football gear, prom dresses, or the birthday party costs – they can all add up to be an endless list. Given such an expensive situation, cheap car insurance would literally be a dream come true when getting a car for your teenage boy or girl.
The various options available:
Insurance is important, for after all teenagers are 10 times more likely to end up in a car accident. Hence, it’s important that you learn what the discounts available are, what coverage you've got to choose to keep your rates as low as possible.
- A good student discount: There are specific discounts that have been created for teens. Insurance companies have come to the conclusion that good students are better drivers. Most insurance companies are known to offer the good students discounts which can actually go on to boost your savings. Hence, encourage your child to get good grades.
- The right vehicle: It’s not just the insurance rates at the end of the day. Choosing the right vehicle for your teenager also matters. Be smart when it comes to picking a vehicle for your teen. Try getting something reliable yet affordable. Check the air bags and safety features. This is because the liability insurance on a car with such features is cheaper as compared to those without them.
- A resident student discount: If you’re the parent of a licensed teen away at school, then remember that he or she still needs to be insured. They’re bound to come home from time to time. There’s quite a good amount of discount available for those students who’re away at school.
How to obtain cheap car insurance:
Even though you might think that it’s impossible for you to get cheap car insurancefor your teenage kid, however, there are steps you could take to get one. Read on to find out more.
- Add to your policy: The very first thing you could do is add your teen onto your current policy. This is because generally teens are known to get much lower rates when they’re on their parents’ policy. You could actually save over 100 dollars by adding him or her on.
- Get an alternate sign up: It’d still be a good idea to alternately sign your teen on for a standalone policy designed specifically for teenagers. There are quite a few restrictions involved with these policies and that helps reduce the cost of the insurance.
- Counsel your teen: It’s important that you stress to your teen that it’s extremely important to have a clean driving record. Try and drill it into their senses that they shouldn't have any speeding tickets, traffic violation records or accidents. They should also be aware of the fact that car insurance companies will decrease the cost of their premium when he or she maintains a clean driving record.
- Enroll your teen into a course: You could go ahead and enroll your teen into a driver’s ed course. There are quite a few companies who’d be willing to cut down on the policy cost of the insurance in case your son or daughter has completed the driver’s ed course.
Getting cheap car insurance for your teenager isn't impossible provided you keep the above information in mind and work accordingly.
