The time comes when your little kid becomes a teen and wants to drive like others. While this should be a joyful moment, many parents remember it with some mixed feelings. While you pray that your teen stays safe behind wheels, you're also concerned that it would raise your costs. Add gas costs! As if that wasn't tough enough, this teen driver could drive up your rate by as much as 200%. Are there tips that can help you pay a lot less. Good a thing, there are several. Let's take a look at them...
I'll just reel out a good number of tips before dwelling on just one...
1. It's a very sensible move to have your teen contribute part of their premium. If they are responsible for paying part of the bills they'll be more open to suggestions that will reduce your rate.
2. Make him/her a secondary driver on your oldest car (Such a car should be ok without comprehensive and collision coverage).
3. Let your kid learn to drive at a driving school and NOT on their own. If they did learn on their own, let them take a course in defensive driving. Beyond the fact that insurers will reward such with lower rates, your kid would be the safer for it.
4. Good grades help. So let your teen endeavor to get straight A's but nothing less than B's. Insurers believe their is a correlation between recklessness and poor grades.
5. Make sure your teen drives a car that has all the recommended safety gadgets/features.
6. Whenever they can, let your teen use the public transport system. It will cut down mileage and reduce your rates. This is without counting the precious dollars you'd save on gas.
7. The average teen is very much at home on the internet. Therefore, put them to good use...
If you want to do extensive comparison shopping, then your teen can help you out. They have more time on their hands and are definitely more comfortable with the internet.
Let them know that you're looking for the best rate that also gives you the right protection. Let them get and compare quotes up to five reputable sites.
They should make a list of about five of the best quotes returned. Take some time out to see their shortlist and pick which gives you the best price/value. If done right, you could save over a thousand in premium dollars by doing this alone.
I'll just reel out a good number of tips before dwelling on just one...
1. It's a very sensible move to have your teen contribute part of their premium. If they are responsible for paying part of the bills they'll be more open to suggestions that will reduce your rate.
2. Make him/her a secondary driver on your oldest car (Such a car should be ok without comprehensive and collision coverage).
3. Let your kid learn to drive at a driving school and NOT on their own. If they did learn on their own, let them take a course in defensive driving. Beyond the fact that insurers will reward such with lower rates, your kid would be the safer for it.
4. Good grades help. So let your teen endeavor to get straight A's but nothing less than B's. Insurers believe their is a correlation between recklessness and poor grades.
5. Make sure your teen drives a car that has all the recommended safety gadgets/features.
6. Whenever they can, let your teen use the public transport system. It will cut down mileage and reduce your rates. This is without counting the precious dollars you'd save on gas.
7. The average teen is very much at home on the internet. Therefore, put them to good use...
If you want to do extensive comparison shopping, then your teen can help you out. They have more time on their hands and are definitely more comfortable with the internet.
Let them know that you're looking for the best rate that also gives you the right protection. Let them get and compare quotes up to five reputable sites.
They should make a list of about five of the best quotes returned. Take some time out to see their shortlist and pick which gives you the best price/value. If done right, you could save over a thousand in premium dollars by doing this alone.
About the Author:
For more tips go to Safe Auto Insurance and Cheap California Auto Insurance. Chimezirim Odimba is a financial expert.
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