Adding drivers to your family? Consider crafting a family car insurance policy for the best value coverage
If you have more than one person in your household who needs auto insurance, you may want to consider a family car insurance policy. Family car insurance policies have a number of advantages over individual policies.
One big advantage - you can save on your teen car insurance
If you are the parent of a teen driver, you are going to want to make sure that s/he is properly protected in all ways when driving. New drivers are expensive to cover on individual policies, but family coverage allows you to cover them at a significant discount. Crafting a family car insurance policy may entitle you to some other discounts as well, including:
- Safe driver discounts
- Multiline discounts
- Safe car discounts
- Teen driver pledge discounts
Get free family car insurance policy quotes now
Safe driver discounts usually only apply if everyone being insured has a clean driving record. Many insurance companies offer teen driving pledge discounts for teenagers who maintain a high grade point average, who take a pledge to be a safe driver, or who complete safe driver training. You can check with your insurance agent to see which discounts you and your family might qualify for.
Get more coverage for less
Car insurance for families is very similar to coverage that you probably already have. The big difference is that the family policy covers every driver in your household. You can choose from the following types of standard coverage when crafting a family car insurance policy:
(Click on any coverage listed below for additional information)
- Liability
- Collision
- Comprehensive
- Uninsured motorist
- Personal injury protection (PIP)
- Rental reimbursement
Your insurance company will most likely have a number of “riders” or car insurance endorsements you can add to any policy to cover your specific insurance needs. Families with teenagers are strongly encouraged to carry collision coverage, as teen drivers are more likely to be involved in car accidents. You'll also want to make sure that any coverage you choose meets your state's mandatory minimum policy requirements.
Another added benefit of car insurance for families is that the policies are customizable. You can easily add or remove a family member from your existing policy. If your teenager goes away to college, you can amend your policy so that coverage applies only when the student is actually at home and able to drive your car.
Family driving needs are different than those of individuals, so your insurance policy should reflect that. When you decide to switch to a family insurance plan, be sure to compare the prices and policy options that different insurance companies have to offer. Having an experienced insurance professional assist you will be a big asset. Reply! can help by putting you in touch with local insurance professionals who can find the best policy for you and your family.