Don't Make These Mistakes When Securing Car Coverage for Your Teen

Save money on your teen's auto insurance.

When it comes time to secure car insurance for your teen, you need to be prepared to spend a pretty penny.  As a general rule, auto insurers charge more for young drivers because their inexperience and tendency towards recklessness make them risky to insure.  However, there are some mistakes that parents make that end up making their child's coverage even more expensive.  If you do not want to overspend on your teen's car coverage, then be sure to avoid these costly mistakes.

Getting Them Their Own Policy

When securing insurance for your teen driver, you have the option to secure them their own policy or add them to your existing auto policy.  While getting them a separate policy will ensure that the premiums on your existing policy will not increase, insurance policies for young drivers carry high premiums because insurers consider teens more likely to get into an accident.  While your rates will increase when you add your teen to your policy, this move will actually end up saving you money in the long run.  Generally, the premium increase you experience will be less than the cost of securing a totally separate policy for your teen.  Additionally, adding your teen to your policy will allow you to access multi-vehicle discounts.  So, if you want to save on your teen driver's coverage, your best option is to add them to your existing auto policy.

Failing to Use Discounts

Many parents do not realize that their teens can access special insurance discounts.  For instance, many insurers offer discounts for getting good grades, driving a car with driver and passenger airbags, driving a car with automatic seatbelts, driving safely for a specific period of time, and taking a driver's education class.  When securing car coverage for your teen, speak to your insurance provider to learn about all the discounts you could qualify for and make sure that you take advantage of them.

These are some of the mistakes that you should avoid if you want to save money on your teen's auto insurance.  Do you need help securing the right car coverage for your young driver?  If so, then contact the professionals at Scavone Insurance Agency Center LLC in White Plains, New York.  Our dedicated team is eager to get you the coverage that you need today.