Buying car insurance for your teen can be quite expensive, but it doesn’t have to be when you follow these helpful hints.
Children grow up fast, don’t they? It seems like just yesterday you were pushing them on a stroller and now they want to take the car to the movies and their friend’s house. If they’re driving, this means that they need to be insured. And if you’ve ever shopped for insurance for a teen, you know that it can be extremely expensive. It’s expensive because teenagers pose a giant risk for insurance companies to insure. Drivers that are aged 16 to 19 are three times as likely to be involved in a fatal car accident. To avoid paying through the roof to insure your child, follow these helpful tips on how you can find affordable insurance for teens.
One Combined Policy
This is Plan A for most families with teens. Instead of purchasing an individual insurance policy for your teenager, they can simply be absorbed into your policy. This could save families an annual average of $3,053. Teenage drivers under their parents’ policy also get the benefits that would otherwise take them many years of safe driving to earn.
Good Grades Are Rewarded
Students that average a B or better in school are 33 percent less likely to be involved in an accident within their first year of driving than those with lower grades. Good student discounts can range from 10 to 25 percent, depending on your state and insurance carrier.
Driving Courses
Insurance companies love to see that you’re actively trying to become a better driver. Taking a training course is a great way for you to show them you’re doing so and as a reward for this safety course, they may give you further discounts.
Contact Risk Management LLC in Brookfield, Wisconsin for all of your auto insurance needs.
