If you have a teen nearing the driving age, you'll want to notify your automobile insurance company once they start driving. Letting your teen drive your car could change your rate. If you get another car just for your teen, that will also add to your monthly insurance bill. That's just part of life as a parent, but there are a few things you can do to keep your costs as low as possible. Here are a few tips that might help.
Bundle All Of Your Vehicles Together
You might pay less for the total of your insurance as a bundle than you would if you pay for them individually through different companies. Even if your teen has a job and wants to pay insurance, it's a good idea to bundle the cars together so your teen gets a break on the price. There might even be additional savings if you can bundle your home and life insurance in the same deal.
Take Advantage Of Discounts
Ask your insurance agent for discounts that might lower your bill. Everyone in your family might take defensive driving courses or your teen might get a discount for being on the honor roll in school. Your rate might be lowered if you go a certain length of time without having an accident. Another way to get insurance discounts to make your car as safe as possible. Use an anti-theft device or buy a car for your teen that has built-in safety features such as airbags or automatic braking.
Buy An Insurance-Friendly Car For Your Teen
Buying a car for your teen is a big decision. You want a car that is safe and dependable, yet you also want one with lower insurance rates, which means you might have to settle for an older model. One thing you probably want to do is avoid sporty cars. Instead, you might want to talk to your insurance agent about the best year and model car to look for. Older cars are less expensive to insure, but newer models have safety features that reduce your insurance rate. Buying a fairly new used car might be the best option.
Insurance is something you must have and it is very important for beginning teen drivers. Still, you'll want to save as much as you can. You'll need the minimum coverage required by the state, and a high deductible if you're looking for the cheapest insurance that still offers adequate protection. Making sure your teen is safe while driving is your most important consideration, but if an accident does happen, you'll want good coverage so your teen can get back on the road as soon as possible.
For more information, visit a website such as http://www.unitedsecurityagency.com.
