How To Keep Teenager Car Insurance Rates Low in Michigan

Reader’s Question:

My teen is starting to drive and I would like to know if there is any way to keep her car insurance low here in Michigan.

Jenny

Detroit MI

Auto insurance can be a major part of each family year’s budget. Decreasing insurance premiums can be one of the best ways for families to improve their budget. Families should focus on factors they have control over in order to decrease auto insurance premiums.

Driving record is the most important factor. A teen driver’s short driving history can affect the affordability of car insurance for teens. If a teen’s driving record has tickets or claims, his auto insurance rates can increase drastically. As such, parents should set example to their children that by doing defensive driving actually saves money. The teens look up to their parents even the way they drive and their habits when driving. As such, this affects how a teen will actually drive come future time.

One great activity the family can participate in that can also earn a discount is to take a safe driving course as a family. Most insurance companies offer discounts to drivers that take an approved safe driving course.

Teen Driver Auto Insurance Discounts in Florida

Reader’s Question:

My daughter is so excited about getting her license as she can get behind the wheel of her own car that we will buy for her. I know that the best thing that I can do is to look into the cost of car insurance that covers a teen driver here in Florida. Will I ever get affordable teen auto insurance?  Seems the insurance rates are as much as the car payments each month!

Anne

Miami, FL

There’s no question that teen drivers are known as “high risk drivers” by any insurance company, especially in Florida. Not much to your surprise, that means more money to fork out. Also not to keep your hopes up but, you could still be able to get the cost down of your daughter’s car insurance and even give you some extra freedom.

There are simple ways to help you keep your daughter’s car insurance as low as possible. You can add her to your insurance plan. This may seem strange but when she is signed on your insurance plan, it lowers the cost for her even if you are paying for it. If you live a hundred miles away from your daughter’s school, you can ask her to leave her car at home and also allow your insurance company to know about this. It could also reduce the cost of her policy if you can get her ride with you on occasion to reduce the number of miles she goes.

Make sure also that you daughter has good grades as majority of insurance companies will offer “good grades” discount on teen car insurance. The idea behind this is that good students are also good drivers. Believe it or not, but getting a straight B or better is enough to get good grades discount. So I advise you to encourage your daughter to do well in school as she will benefit from it as well.