How Parents Can Help Lower Teen Car Insurance Rates
Reader’s Question:
As a parent, what can you do to help your teens be more responsible on the road and with their insurance premium?
Michelle
Seattle WA
Teenagers’ having their own license is the manner of screaming their independence on the road. Along with this, parents become more apprehensive whether their young driver will be responsible enough to take care of their premium. A lot of teenagers don’t know and don’t even think about how much their policy premium cost and the all the factors influencing this.
As parents of young drivers, they tend to be more secure if teenagers understand the relevance of safe driving. In line with this, agents of insurance companies encourage teenagers who will be having their first car insurance to be involved in discussing the cost and complexities of car insurance to their parents. Agents will serve as a lead in educating and giving these new drivers a concrete perceptive of traffic tickets, collisions and will also facilitate in rousing teenagers to be further responsible when driving.
When car insurance agents work with parents in educating their young drivers in addition to all the questions they have in mind, a good relationship will be formed. This rapport will provide a positive outlook for teenagers to be more careful to their first time on the road on its own. Teenagers who follow the regulations of the road and gain knowledge on the value of responsible driving will be more expected to drive defensively as well as maintaining their insurance premiums low.
How Can a Teen Driver Get Lower Auto Insurance Rates
Reader’s Question:
I am going to get my driver’s license here in Wisconsin very soon. I know I will be added to my dad’s policy since I am a licensed driver now. Is there any way I can soften the blow to the auto insurance premiums he’s going to be paying since I am a teen driver and the rates are much higher?
Harold
Milwaukee, WI
You are right. Your inclusion in your dad’s auto insurance policy will raise his auto insurance premium. When a teenager is added to somebody’s auto insurance policy, and I assume that’s what you are, that somebody’s risk factor is affected negatively. Teenagers are statistically known to be reckless and inexperienced–not a very good combination. Your willingness to minimize the effect of your inclusion to your dad’s auto insurance, however, is commendable and a good sign.
There may be some things a teenager can do to minimize this negative impact on your father’s auto insurance premium rate. Of course, you’ll have to check this with your father’s auto insurance company in Wisconsin. You may enroll in a driving school that is acknowledged by your dad’s auto insurance company. Usually, auto insurance companies extend discounts to those drivers with defensive driving backgrounds. Having good grades at school can also help your dad. I’m not talking about your dad’s peace of mind about your academic performance, but auto insurance recognizes the link between diligent students and good driving habits. They believe that students who do well in school, those maintaining a B average or higher, will be very responsible on the road.
Ask for discounts, you never know what you might be able to get and how much you can save by asking. Some popular discounts can be given for:
1. Military personnel
2. Good grade students
3. Union membership and bank member affiliations
4. Safe drivers with no claims in last 7 years
5. Defensive driving school attendance
6. Clean credit history – used by many carriers to determine payment risk
Although adding you to your dad’s insurance will raise the auto insurance premium, it is usually cheaper than having your own auto insurance coverage. And you can tell your dad that.
Cheapest Teen Auto Insurance in California
Reader’s Question:
My name is Errol and I’m from Anaheim, CA. My dad has a Mustang (ya baby!) but he uses his hybrid to and from work. I am going to get my license three months from now, and I plan to use that mustang (baby!) every chance I get. Is my dad going to pay more if he adds me to his insurance policy? Can you help me get a lower rate quote or at least tell me where to go to get the cheapest auto insurance I can possibly get for this car…and my age, I am only 18.
Errol
Anaheim, CA
Errol, Errol, Errol, according to statistics, and insurance companies believe in them with uncommon fierceness, teenagers are a reckless lot. They were the ones who coined the phrase “pedal to the metal,” and they are not known to be experienced drivers. Your dad will pay more because of these statistical data. He will pay more because the risk factor just got colorful.
I assume that you are already driving the Mustang (Baby!) every once in a while but with a “chaperone.” When you get your license three months from now, the cost of insurance will increase even more (not to mention your dad’s blood pressure) because you will then be able to drive the mustang (baby!) by yourself most of the time. teenage drivers, premium will increase; teenager with a license, more increase.
Again, this is about the colorful risk factor and statistics that I told you about. As disheartening as it sounds, the price will not be as high as getting your own policy.
All in all, your dad’s insurance will increase but it will not be as expensive as getting you your teen car insurance. Drive around Anaheim and enjoy your Mustang (baby!) but please don’t make your dad get a drunk driver insurance.
Teen Driver Car Insurance Rates With MIP
Reader’s Question:
How much will auto insurance go up if a teenager, 17 years old gets an MIP in Michigan?
Bill
Dearborn, MI
If you are a 17 year old that is cited for being a Minor in Possession (MIP) in Michigan it will likely your increase your car insurance rates. How much the auto insurance rate will go up depends on the factors your insurance provider uses. Auto insurance for drivers under the age of 25 or teenagers are already consider inexperience and therefore a higher risk. With a MIP offense the risk factor is likely to go up.
There is no specific insurance rate increase that can be generalized or stated for all insurance carriers. Each insurance carrier is required to file their car insurance rates and rules with your state regulatory body. So the best way to determine how much your auto insurance rates may rise is to talk to someone at your insurance carrier or contact the insurance regulator of your state to see what rates are filed with them for your insurance provider.
Young Driver Car Insurance Rates in Georgia
Reader’s Question:
I am just wondering why my teenagers auto insurance rates are so high in Georgia?
Samuel
Albany, GA
Auto insurance rates in Georgia are based on statistics. According to statistics show that teens have more incident of crashes. Young drivers have very high rates of both nonfatal and fatal crashes compared with drivers of other ages.
There are newer approaches now such as Canada’s graduated driver licensing that are being enacted to try to reduce teenage crashes and the injuries and deaths they cause.
Teens have more crashes in vehicles whether the rates are based on the total number of teenagers, on miles driven or on the number with licenses. Both miles driven per license holder and license rates are lower among 16-19 year-olds than among drivers age twenty and older (as a group), so when crash involvement is based on the number of licensed motorists instead of total population, the fatality rate of young drivers is even more extreme compared with mature drivers.
Sports Car Insurance Rate For Teen Driver in Florida
Reader’s Question:
Why does my son’s car insurance charge more for his sports car than my work car, even though he drives much less than I do each year? We live in Florida.
Miami, Florida (FL)
Florida insurance companies normally dislike teenagers in flashy cars because such cars are so easy to drive recklessly compared to old and heavier cars. This results to a higher insurance rate increase for sports car than the increase for a slower, older, and cheaper model. Also, consumer might consider dropping comprehensive and collision coverage. The value of the car also impinges on the cost of insurance. The more expensive your car, the higher your insurance rate is. You have proven yourself as a better more reliable driver over the years and your rates will be lower because of that…and your work car is probably not in the same risk category as your sons car. Fast cars and teen boys….means risk! More risk, higher your rates. Drive a Honda Civic….and get a daughter. 
New Car For My Teen Son Costs As Much as The Auto Insurance Premiums!
Reader’s Question:
I bought my teenage son a new car. After getting quotes from auto insurance companies in South Dakota, I realized auto insurance for teenagers have higher premiums. Is there any way I can lessen charges for my son’s car insurance?
Jenny
Sioux Falls, SD
Most insurance companies charge higher premiums for auto insurance for teenagers because teenagers are assumed to be more accident-prone and reckless compared to adults. But still there are ways in which you can lessen the charges for your son’s insurance in South Dakota. To get a better deal, you need to put emphasis on the importance of a clean driving record for your son. Such can be done by observing traffic laws and avoiding speeding tickets and any other traffic violations at all costs.
Premium payments are usually less for auto insurance with a greater deductible. In your choice of car, choose one that has more advanced safety features to avoid having a hazard in the high ranking class which can increase premiums. By getting a stand-alone policy, you son will be responsible for his own insurance and he will only be allowed daylight driving, a certificate from a driving school, among others. It would also help if you make your son accountable for whatever happens to his car by working part-time so he can pay for half of his car’s premium. That way, you do not only reduce cost, you also inculcate in him the value of responsibility.
Teen Driver Car Insurance Discount
Reader’s Question:
Can school grades or enrolling in driving school help reduce insurance cost for my son’s car?
Michelle
St. Petersburg, FL
Yes.
Try to look for insurance companies that offer discounts to students who maintain a B average or higher. As much as 25% discount is usually granted for such. Also, substantial discounts are given by most insurance companies to teenagers who graduate from safe driving program or driver’s education class. So you might want to consider enrolling your son in a driving school if he will be a first time driver.
Cheap Teen Car Insurance in Chicago – Adding New Driver
Reader’s Question:
How much does your auto insurance rate go up when adding on a new teenage motorist in Chicago ? Can I get a range.
Elizabeth
Chicago, Illinois (IL)
Since teenagers that are newly licensed have such high rates of accidents that is why they cost more to insure than an experienced motorist who is more prone to avoid an accident than cause it.
The costs of adding a teenager in Chicago IL will depend upon your your geographical location, your current car insurance rates and your teen to name a few. For example if you reside in a congested area where your teen is more likely to be involved in an accident compared to a more suburban or rural area the insurance rate to insure your teenager will likely be higher.
Basically if you add a young driver in Chicago IL, it may cost $1200 to even $2500 a year. A 16 year old, on the average, can expect to pay 2.52 times the base rate for their car insurance. So if you as a parent of a teenager now pay $500 for a year of auto insurance, then adding a 16 year old newly licensed teen driver onto your policy could raise your insurance rates to (again on average) $1260 for a year of auto insurance.
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