How to Get the Cheapest Auto Insurance For Your Teenage Driver
If you have a teenage driver in your house, you were probably dismayed when you saw how high your insurance rates went up.
Unfortunately, any time a teenage driver is added to an insurance policy, you are going to see an increase in your insurance rates.
Nonetheless, there are a few things you can do to help keep your rates a little more reasonable.
By following these steps on how to get the cheapest auto insurance for your teenage driver, you can afford to provide coverage to every driver in your home.
Step #1: Choose the Car Wisely The most important step in how to get the cheapest auto insurance rate for your teenage driver is to choose your teen's car wisely.
Before you purchase a vehicle, you should check with your insurance company to learn more about which vehicles cost the least to cover.
In general, sports cars are going to cost more than non-sports cars to cover.
In addition, older vehicles are going to be less expensive to insure than newer vehicles.
This doesn't mean your teen has to be stuck driving an old beater, but you should also avoid getting anything flashy or anything that was manufactured within the past four years.
Step #2: Take Driver's Courses Your insurance company will also likely provide your teen driver with a discount if he or she has completed a driver's education course or a defensive driver's course.
Even if your insurance company does not provide a discount for completing one of these courses, it will help make your teen a safer driver and will reduce the likelihood of your teen getting into an accident.
Be sure to talk to your insurance company before taking a course, as the company may only provide discounts after completing specific courses.
Step #3: Cash in on Good Grades Another step for how to get the cheapest auto insurance rates for a teen driver is to cash in on the good grades your teen is getting.
If he or she is doing well in school, you may qualify for additional discounts on your rates.
Step #4: Compare Rates If you still can't seem to get good rates from your current insurance company, it is time to start comparing rates from different insurance companies.
When it comes to how to get the cheapest auto insurance rates for teenage drivers, you should get rates from at least three different insurance companies.
That way, you can be certain you are getting the best possible rate for your teen.
Step #5: Increase Your Deductible Another step you take to reduce your teen's auto insurance rates is to raise the deductible on your teen's policy.
Of course, before you raise your deductible, you need to be certain you can afford to pay for the deductible if your teen gets involved in an accident.
If the higher deductible is affordable, however, it is possible to save a significant amount of money on your monthly insurance premiums.
Unfortunately, any time a teenage driver is added to an insurance policy, you are going to see an increase in your insurance rates.
Nonetheless, there are a few things you can do to help keep your rates a little more reasonable.
By following these steps on how to get the cheapest auto insurance for your teenage driver, you can afford to provide coverage to every driver in your home.
Step #1: Choose the Car Wisely The most important step in how to get the cheapest auto insurance rate for your teenage driver is to choose your teen's car wisely.
Before you purchase a vehicle, you should check with your insurance company to learn more about which vehicles cost the least to cover.
In general, sports cars are going to cost more than non-sports cars to cover.
In addition, older vehicles are going to be less expensive to insure than newer vehicles.
This doesn't mean your teen has to be stuck driving an old beater, but you should also avoid getting anything flashy or anything that was manufactured within the past four years.
Step #2: Take Driver's Courses Your insurance company will also likely provide your teen driver with a discount if he or she has completed a driver's education course or a defensive driver's course.
Even if your insurance company does not provide a discount for completing one of these courses, it will help make your teen a safer driver and will reduce the likelihood of your teen getting into an accident.
Be sure to talk to your insurance company before taking a course, as the company may only provide discounts after completing specific courses.
Step #3: Cash in on Good Grades Another step for how to get the cheapest auto insurance rates for a teen driver is to cash in on the good grades your teen is getting.
If he or she is doing well in school, you may qualify for additional discounts on your rates.
Step #4: Compare Rates If you still can't seem to get good rates from your current insurance company, it is time to start comparing rates from different insurance companies.
When it comes to how to get the cheapest auto insurance rates for teenage drivers, you should get rates from at least three different insurance companies.
That way, you can be certain you are getting the best possible rate for your teen.
Step #5: Increase Your Deductible Another step you take to reduce your teen's auto insurance rates is to raise the deductible on your teen's policy.
Of course, before you raise your deductible, you need to be certain you can afford to pay for the deductible if your teen gets involved in an accident.
If the higher deductible is affordable, however, it is possible to save a significant amount of money on your monthly insurance premiums.
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