Driver’s Discount Tips for Teenagers

nissan-885309_640Among the vast majority of American households, there are only 2 words which can send a chill down the spine of the parents, teenager and license. The reasons behind the worry of the parents are pretty obvious. As per the CDC, 16-19 year old drivers are more vulnerable to facing car accidents than any other age group. In the world of insurance, teenagers represent the most expensive demographic, the main reason being their inexperience and ruthless nature that they show when they sit behind the driver’s wheel.

According to a Forbes article, it was noted that if you add a 16 year old female to your family car insurance policy, this will increase your bill by 68% and adding a male to your family insurance will make your premiums rise by 92%. But before you decide anything, you should know that there are some ways in which you can save your dollars on your car insurance policy. Check out the ways in which you can save your dollars on your car insurance policy.

  • Get him enrolled in a driver’s training course: Although it will depend on where you live, your state will require you to show a driver’s certificate if you’ve crossed the age of 18 years. You will definitely need a license before you hit the roads of the US. Moreover, you should be aware of the fact that most auto insurance companies will offer discounts to driver who have already done a safety training course.
  • Be sure that your kids have done the homework: Insurance companies tend to draw a correlation between the teenagers who get good grades and the teens that are less vulnerable when they sit behind the wheel. If they’re good at studies, the car insurance companies think that they will definitely be good drivers too. Those kids who maintain a GPA of 3.0 are most likely to qualify for what is called a good student discount.
  • Opt for a higher deductible: This is indeed one of the best tips for those who are desperately looking for ways to lower their monthly insurance costs. But it can be handy if you’re adding a novice teenage driver to the policy. Nevertheless, you would want to ensure that the deductible is an amount which you can easily afford and pay out-of-pocket when it’s time.
  • Choose the right car type: If you aren’t aware of the fact, you should be aware that sports cars are very expensive to insure. If your teenager is also shopping for a car, make sure he buys the perfect kind so that you don’t require too much money to insure. You would also want to ensure that the car is properly armed with some safety features like air bags as these drive down the cost of insurance.

There are many factors that you need to take into account when you’re thinking of insuring your teen into a car policy. You may take a look at Insurance Revolution so as to know more on different types of insurance.

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