The Cost of Adding a Teenaged Driver to Your Policy


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	Car Insurance After Adding A Teen Driver

The Cost of Adding a Teenaged Driver to Your Policy All parents out there will eventually go through the driving phase with their children. They get their permit and then their license, and then they must be added to your insurance. So what is the cost of adding a teenaged driver to your policy? Just be prepared for a surprise. The cost of adding a teenaged driver to your policy can actually add up to $400 a year or more onto your premium depending on the type of vehicle the young person will be driving. To make it easier on yourself and your wallet, opt for an older model vehicle that is paid for so you can carry only liability coverage on it. This could actually save you up to $200 a year. Adding a teen driver to your policy on which you only carry full coverage will be expensive, consider changing to a higher deductible on comprehensive and collision. Also if it is feasible choose to lower your liability limits to the lowest which your state requires. Both of these options can save you at least $250 or more a year. Most auto insurance companies give several types of discounts on auto insurance policies. Yes, even a teenage driver can get discounts. A teenage driver should be able to get a Driver’s Education or other safety driver’s course discount, multi-car discount, and even a discount for pledging to use the seat belt at all times. Some companies will give a discount for the first year if the teen driver agrees to not let any other teen ride with them until they have had their license for at least one year. One thing a parent never wants to get for a teen driver is a high performance vehicle such as a Mustang, Camaro etc. Just adding liability to a high performance vehicle for a teenage driver can cost you up to $700 a year depending on whether your teenage driver is male of female. The best option a parent can make is to purchase an older model pickup truck for a teen driver, trucks are considerably cheaper than cars on insurance. Thus the cost of adding a teenaged driver to your policy will cost you, but you can keep it a little lower by just following a few tips.

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CrossQuote.com - Cross Check Free Insurance Quotes and Save - Save money on your auto \| health \| home \| life insurance by obtaining free insurance quotes with us. Insurance and loan rates are available within the USA only. Quotes are provided by licensed insurance agents or Insurance Carriers within the CrossQuote.com search network.


Auto \| Health \| Home \| Life \| Resources

	Car Insurance After Adding A Teen Driver

The Cost of Adding a Teenaged Driver to Your Policy All parents out there will eventually go through the driving phase with their children. They get their permit and then their license, and then they must be added to your insurance. So what is the cost of adding a teenaged driver to your policy? Just be prepared for a surprise. The cost of adding a teenaged driver to your policy can actually add up to $400 a year or more onto your premium depending on the type of vehicle the young person will be driving. To make it easier on yourself and your wallet, opt for an older model vehicle that is paid for so you can carry only liability coverage on it. This could actually save you up to $200 a year. Adding a teen driver to your policy on which you only carry full coverage will be expensive, consider changing to a higher deductible on comprehensive and collision. Also if it is feasible choose to lower your liability limits to the lowest which your state requires. Both of these options can save you at least $250 or more a year. Most auto insurance companies give several types of discounts on auto insurance policies. Yes, even a teenage driver can get discounts. A teenage driver should be able to get a Driver’s Education or other safety driver’s course discount, multi-car discount, and even a discount for pledging to use the seat belt at all times. Some companies will give a discount for the first year if the teen driver agrees to not let any other teen ride with them until they have had their license for at least one year. One thing a parent never wants to get for a teen driver is a high performance vehicle such as a Mustang, Camaro etc. Just adding liability to a high performance vehicle for a teenage driver can cost you up to $700 a year depending on whether your teenage driver is male of female. The best option a parent can make is to purchase an older model pickup truck for a teen driver, trucks are considerably cheaper than cars on insurance. Thus the cost of adding a teenaged driver to your policy will cost you, but you can keep it a little lower by just following a few tips.

© Performance Media Group, Inc. All Rights Reserved. Home \| Terms & Conditions \| Contact

CrossQuote.com - Cross Check Free Insurance Quotes and Save - Save money on your auto \| health \| home \| life insurance by obtaining free insurance quotes with us. Insurance and loan rates are available within the USA only. Quotes are provided by licensed insurance agents or Insurance Carriers within the CrossQuote.com search network.