Easy Ways To Save Money On Your Teen Driver Car Insurance-widcomm

Insurance Do you have a sixteen year old anxiously waiting to get their driver’s license? More importantly, are you dreading the damage they’re going to do to your car insurance rates? Relax. You’re always going to have to pay to insure your teen, but with a little research (and a fair amount of encouragement) you can keep your teen driver car insurance from killing your bank account. 1)The single best way to keep your teen’s car insurance rates low (or at least something resembling reasonable) is to keep their driving record clean. The reason it costs so much more to insure teens is that they’re 60% more likely to have an accident than adults, and there’s a very good chance they’ll get at least one speeding ticket before they’re 18. Teaching them to be safe, defensive drivers and setting a good example when it comes to following the rules of the road will do more to help you save money on your teen driver car insurance than anything else you could do. 2)Has your teen taken a Driver’s Ed/Driver’s Improvement course yet? Most schools offer them, but if your child has completed their GED or taken an alternative route to getting their driver’s license it would be an excellent idea to encourage them to take a driver’s improvement class. These classes usually last all day for two to three days, at the end of which your teen will receive positive points on their driver’s license that will go a long way toward helping save both of you money on car insurance. 3)Restrict the amount of time they spend on the road. Seriously. You’re more likely to be involved in an accident if you’re out on the road more often. The same rule applies to your teen. Young drivers who drive to and from work and school regularly rather than using the bus or public transportation are statistically more likely to file car insurance claims, so restricting the number of hours/miles they drive will go a long way toward dropping their car insurance rates. 4)What kind of grades are they getting? As an adult your responsibility and reliability are determined by checking up on your credit score. Since your teen doesn’t have credit score yet your insurance company is going to get a quick view of their reliability by checking up on their GPA. Honor roll students qualify for great car insurance discounts with most insurance companies, so don’t be afraid to give them a push every now and then to pull their grades up. 5)What’s your teen tooling around town in? You’re probably already painfully aware of the fact that not all cars are created equal when it comes to your car insurance rates. Expensive cars=expensive insurance premiums, and vice versa. Making your teen a driver on your old clunker and not letting them within 100 miles of the jag will do a lot to pull down your car insurance rates and keep your teen driver from breaking your monthly budget. About the Author: 相关的主题文章: