3 Ways To Add A Newly Licensed Teen Driver To An Existing Auto Insurance Policy At Minimum Cost
The day that your teenager passes drivers education and is eligible to become a licensed driver may make you happy, and even a bit sad. With your child now able to drive to and from school, extracurricular activities, and even work, you might start to feel like your parenting responsibilities are coming to an end. But not so fast—teen drivers are an even bigger responsibility than adolescents still riding in the backseat. If you want to add a new teen driver to your auto insurance coverage without seeing a huge jump in premiums, here's what you can do.
1. Schedule Defensive Driving Classes - Many people shrug off taking defensive driving courses, usually because they don't calculate exactly how much these classes could lower their total auto insurance premiums. Drivers who have been cited for speeding or even drinking while intoxicated usually have to take a driving education class in order to retain their driving privileges, so there can sometimes be a negative stigma attached to enrolling in these types of courses. If your teen is about to start driving on a regular basis and you want him or her to be added to your auto coverage, signing up the entire family for a driving education class will help you to reduce your costs and keep everyone safe.
2. Review Your Auto Insurance Policy - Now that it is time to add a new driver onto your auto insurance, you might be preparing to review the details of your policy for the first time in years. There are countless ways to save on auto insurance, including discounts for safe driving, paying premiums upfront and in advance, or getting better rates because you live in close proximity to your place of employment. Use this window of opportunity to see if there are other ways that you can reduce your auto insurance costs to help offset the increase you will witness after a teen driver is added to your coverage.
3. Teach Your Teen Financial Responsibility - No parent wants to add stress to their child's life, but adding a teen to an existing auto insurance policy can cost you hundreds of extra dollars a month. Only you can decide if you are going to make your teen responsible for his or her portion of the bill, but you can try to teach your child about how expensive it is to drive. Consider making your teen responsible for any tickets incurred while driving, and make sure that a copy of the auto insurance bill always stays in a highly visible area. When your teen is aware of the financial implications of being added to your auto insurance policy, your child might be prone to acting more responsible when driving.
For more information and options, get in contact with a professional by visiting auto insurance websites, like http://www.powellinsuranceportsmouthohio.com.
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