Although you might be happy about the fact that your teenage daughter or son is finally driving, you could be worried about how much more everything is going to cost. Along with worrying about what your teen will drive and how much you'll have to spend in gas, you might also be worried about car insurance.
As you have probably always heard, it's expensive to insure a teenage driver. However, there are a few different ways that you can save money while still ensuring that your teen is properly insured.
Choose the Right Car
If you are planning on buying a car for your teen or helping with the process, make sure that you choose the right vehicle. Cars with fast engines and high values are no-nos when it comes to keeping teenage car insurance rates reasonable. Older cars with lower values can keep insurance rates low, but this does not mean that you have to buy an old clunker. Newer cars can be reasonable to insure because of their increased safety features, but look for a car that is reasonably priced and that doesn't have a fast engine.
Encourage Safe Driving
Encouraging your teen to drive safely is important on so many levels. Reminders from parents can be enough to remind teens not to text and drive, drink and drive or speed. This can not only help keep your teen safe, but avoiding accidents and tickets can also keep your insurance rates low.
Enroll Your Teen in Additional Classes
Consider enrolling your teen in a defensive driving class. Not only can this help teach your teen how to drive carefully and safely, but it can also help lower your insurance rates when you submit the certificate of completion.
Brag About Your Kid
If your teen gets good grades in school, make sure that you contact your agent and offer to submit a copy of his or her report card. Many insurance companies see teens who are responsible in school as more responsible drivers, which means that you could qualify for a discount.
Make Changes for College
When your teen goes off to college, make sure that your insurance company knows about it. This can significantly reduce your insurance costs, particularly if your child is not taking a car to school.
As you can see, there are ways to save money on insurance if you are the parent of a teenager. Follow these tips, and you can save more than you probably think. For more information, talk to a company like Butler & Messier Insurance.Share