My name is Eric Bowman, and if you have questions about insurance, this is the blog you need to read. I was always confused when I had to purchase insurance. I would either end up paying for insurance I didn't need or I wouldn't buy the right policy. I finally decided that I was going to learn all I could about insurance policies so that I would understand exactly what I was buying. Now, I am completely satisfied with my insurance and the coverage is just what I need. I realized that there are others who are probably just as confused as I was, so I am writing this blog to help others get the best insurance for their needs and budget. I hope that my blog gives you the information you need to make the right choices when purchasing insurance.
If your teen recently passed the driver's test, you are of course excited for him or her. However, you may also be nervous that it will increase your auto insurance premiums. Insurance companies tend to charge younger drivers higher insurance rates because they are inexperienced and more likely to get into accidents. The good news is that you can still take steps to cut your insurance costs.
Purchase Your Teen a Safe Vehicle
If you plan to buy your teen their own vehicle, you should keep safety in mind. In addition to giving you peace of mind, a safe car, such as an SUV, may also help lower your auto insurance premiums.
Encourage Your Teen to Be a Safe Driver
As a parent, you of course want to stress the importance of safe and responsible driving to your teen. Doing so can reduce the risk of accidents and improve the chances of your insurance company eventually lowering your rates. Teach your teen to always obey the speed limit, cut out distractions, and avoid following vehicles too closely.
Inspire Your Teen to Get Good Grades
Making the honor roll will not just help your teen get into a good college. It can also help lower auto insurance rates. Many insurance companies give discounts for teens who maintain good grades in school. Motivate your teen to get good grades in every class to enjoy these benefits.
Check Out More Than One Insurance Provider
Different insurance companies offer different rates for young drivers. Just because the first insurance company you talked to had astronomical rates for teen drivers, does not mean all insurers will. To get the best possible rates, you should take the time to shop around for insurance.
Contact Your Insurance Provider When Your Teen Leaves for College
When your teen leaves for college, they likely will not be taking a vehicle with them. If this is the case, you definitely want to let your insurance company know. Your insurance company will likely reduce your premiums but still provide coverage for your teen when they come to visit you.
Auto insurance for your teen driver does not have to break the bank. If you follow these helpful tips, you can lower your teen's monthly premiums. If you have additional questions about lowering your auto insurance rates, do not hesitate to talk to an insurance agency, such as Kesner Insurance Agency Inc.