Insuring Your Teen Driver

September 15, 2022 Lindsay Wolford

Top Ways to Save on your Auto Premium

Consider raising your deductible
Ask about a good student discount
Have your teen keep up their good driving record
Enroll your teen in driver’s education
Ask about our multi-policy discounts

Minimize Distracted Driving

While you can’t do anything about your teen’s young driver status, there are many things you can do to help them keep their good driver standing. Teens get distracted easily, which increases their risk. To minimize their potential for distractions:

Do not allow them to drive with more than one other person in the car for the first year of driving
Ban the use of electronics, such as talking or texting on a cell phone or listening to music, while behind the wheel

The Basics of Insuring Your Teen Driver

If you’re the parent of a teenager who is getting ready to climb behind the steering wheel, insuring them can be an expensive endeavor. This is because the risk of motor vehicle crashes is higher among 16- to 19-year-olds than among any other age group. We’ve gathered some helpful tips to help you keep your premiums as low as possible, and your teen safe and accident-free.

Policy Options

Rather than setting up an independent policy for your teen driver, consider adding them as an additional driver on your Auto insurance policy. Typically, this is the most cost-effective option. Also, if you have more than one vehicle, designate which vehicle your child will be driving. The newer the car, the more expensive the coverage will be.

Deductible Considerations

Auto deductibles typically range from $250 to $1,000. By upping your deductible and utilizing your insurance for big repairs, you can significantly reduce your premium. If you lease or finance a car, the leasing or financing company may require a deductible cap of $500.

Enroll Your Teen in Driver’s Education

Although courses may be available at your child’s school, consider enrolling him/her in a driver’s education course. Often, discounts are available for teens who take recognized driving classes because it extends the teaching period.

Weigh Your Buying Decision

Wanting to get your teenager a new car to drive with the latest safety equipment is understandable, but you may be better off purchasing a safe, used vehicle. Before you make an auto purchase, we’d be happy to give you an insurance quote to help you with your buying decision.

Set Your Expectations for Safety

The best way to keep your teen’s insurance premium stable is for them to keep their driving record clean. To help reduce potential accidents:

Restrict your teen’s nighttime driving
Limit the number of passengers in the vehicle
Ban cell phone use while driving
Establish driving-area limits
Set a curfew
Talk to your teenager about the dangers of drinking and driving
Insist on seat belt use for everyone in the vehicle
Ride with your son or daughter occasionally to make sure they are keeping up with the safety habits that they learned in driver’s education

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