Business Auto

Car key fobParents face a confusing mix of emotions at every stage of their child’s life, but none can compare to the mix of excitement, pride, fear, and anxiety they face as their child turns 16. For your child, 16 is a wonderful age that allows them to experience what real freedom is as they start driving on their own, once they get their license. For you as a parent, 16 is a great age because you get to watch your child grow into an adult and the hard work that’s gone into raising them creates a smart, well-adjusted and inexperienced teen driver. It’s at this point that some of the fear and anxiety creeps in. Insuring your inexperienced, new teen driver on your insurance policy is something that you will obviously do. However there are also a few things you should take into consideration before you do.

Limits, Coverages and Deductibles

When you add your teen driver to your insurance policy, don’t just automatically give them the same coverage you have. Think about who will be paying their deductibles, what’s affordable for that person, and the worth of their vehicle. Usually teens start out with a used car which probably isn’t worth as much as your car, so a lower limit will suit them just fine. Also, while you might not have collision coverage on your own car, carrying it on a new teen driver is almost absolutely necessary.

Saving Money on Your Teen Driver’s Insurance Policy

Auto insurance for teenagers is expensive, but that doesn’t mean there aren’t ways to reduce the cost of the premiums. Here are some ways you can make that premium a little lower:

  • Have your teen take defensive driving
  • Increase the amount of the deductibles you choose (make sure it’s still affordable for you and your teen).
  • Purchase a safe used car, which won’t cost as much as a new one to insure.

Now you know a few of the options you have to keep the cost of auto insurance for your teen low, all while keeping them protected. Contact us to find out more about insurance for young drivers or to get an Atlanta auto insurance quote.

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