Call us today at (251)626-8900!

Is Your Insurance Ready for a Teen Driver?

Is Your Insurance Ready for a Teen Driver?

Posted on: September 12th, 2020

Have you made that first trip to the DMV with your new 16-year old? Earning a driver’s license is a teenage rite of passage, but can be stressful – not to mention expensive – for parents. Your child will need auto insurance coverage as soon as they receive their license. A few important tips on teen driver insurance:

Determine Whether to Add your Child to your Policy or Purchase a Separate Policy

  • Check with your insurer to see how your premiums may be affected. Expect that they could rise dramatically; however, savings may be found through multi-vehicle and good student discounts.
  • If your child is driving an “old beater” that doesn’t require comprehensive or collision coverage, a separate policy, in limited instances, may save you money.
  • Discuss your options with your insurance agent.

Consider Your Teen Driver Coverage Choices

  • Most personal auto policies won’t cover a driver transporting goods or services in exchange for a wage. So, if your teen is planning on becoming a pizza delivery driver, for example, contact your insurance agent to determine if additional coverage is needed.

Find Ways to Save Money

  • Consider vehicles with high safety ratings over sportier, more-expensive cars.
  • Think about raising your policy’s deductibles.
  • Reassess your need for collision or comprehensive coverage.
  • Ask about “occasional” or “pleasure only” discounts, which may apply to children away at school.
  • Explore usage-based insurance, which involves installing a device in the vehicle that monitors driving behavior and rewards good driving. It’s also a way to keep tabs on your teen’s driving.
  • Have your teen complete a driver’s education course. Several blogs offer great teen driver insurance tips, driver safety and options for local courses near you:

We can’t keep your teenager from having a fender-bender (and trust us.. they will!) but we can ensure your policy has you covered. Call us to review your current plan or let’s talk about auto insurance today!

Skip to content