When you add a teenage driver to your auto insurance policy, you can expect your rates to increase. This is because teenage drivers are inexperienced and thus, more likely to be involved in an accident. However, this does not mean that you need to pay an insane amount of money to let your teen drive. Here are a few tips for keeping your auto insurance as low as possible when adding a teen driver.
Have Your Teen Take a Defensive Driving Course
Many insurance companies will reduce a teenage driver’s auto insurance rates if they take part in a defensive driving course. Those who take this course are less likely to be involved in an accident, which helps to negate some of the risk that an insurer has when insuring a teen driver. As such, this is a great place to start when trying to lower auto insurance rates for a teen driver.
Shop Around for Auto Insurance Rates
Another tip for keeping auto insurance rates as low as possible when adding a teen driver is to shop around with various companies. Your existing auto insurance company may have high rates for teen drivers. But unless you shop around, you won’t know it. It can be hard to leave your comfort zone, but checking rates with other companies will help you get the best possible rate for your teenage driver.
If you are looking for a new auto insurance policy for you and your teen or just for your teenager, 1st American Insurance Agency, serving the greater Lafayette, CO area, would love to help you. We offer affordable rates for drivers of all ages. Call us today to set up an appointment to discuss your needs and to get a price quote.