If you have kids fast-approaching driving age, consider adding them to your Allstate family car insurance coverage
Adding a teenager to your auto insurance policy can be costly. If you’re considering adding teenagers to your Allstate family car insurance coverage, you should know there are some particular advantages to doing so.
Teens are very prone to accidents, and statistics shows that 16-year-old drivers hold a higher crash rate than any other age group. According to both the National Association of Insurance Commissioners (NAIC) and the Insurance Research Council (IRC) adding your teenager to your car insurance will increase your premiums by an average of 40-45 percent for one car, 50-60 percent for two cars and 60 percent or more for three cars.
When researching auto insurance options for your teenager, you need to take several factors into consideration, such as loss protection and driving incentives, so that your teen can help keep your insurance rates low.
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Allstate family car insurance for teenagers provides you with protection against costly damage repairs should your teenager become involved in a serious accident. There are some unique coverage components available through Allstate that can be helpful when a family is considering adding a teen driver:
Allstate's Accident Forgiveness – this feature keeps your rates from increasing even if an accident occurs
New Car Replacement – can be helpful if your family owns only one vehicle and your teen is learning how to drive with the same vehicle you use to get to work, Allstate offers an option to help protect your vehicle from losses that can occur due to depreciation as a result of collision. If your teenager is involved in an accident that totals the car, Allstate will replace the vehicle with a new car as long as it is within the first three model years.
(Use this guide to see all your car insurance coverage options with Allstate)
Additionally, you need to take into account the driving incentives offered by Allstate to help keep your costs low.
Allstate's Safe Driving Bonus incentive allows you to save up to five percent on your renewed policy for every six months of staying accident-free, providing your teen with an incentive to drive safely, stop at lights and slow down.
Holding your teen accountable for the deductible, Allstate's Deductible Rewards feature allows you to save $100 on your deductible every year when you and your teen remain accident-free, potentially saving you up to $500.
Taking into account your teen's good grades, Allstate's Good Student incentive will help you save money on car insurance even before your teen begins driving, offering you a 10 to 20 percent credit on your premiums.
Allstate also offers several online support programs designed to assist teens and their parents in fostering good driving habits and understanding some of the basics of car insurance. You can learn more about Allstate’s Teen Driver Program by clicking here.
(Check out all the discouts you may be eligible for from Allstate)
Keeping your premium costs low while obtaining the proper car insurance coverage can be difficult, especially when you add your teenager to your car insurance. Adding a teen driver to your Allstate family car insurance coverage may be a good option, and speaking with an insurance professional can be a good step toward understanding what approach would be best. Reply! can help by connecting you to local insurance professionals eager to help you and your teen driver(s) get the best coverage possible.