It may be more complicated than you think to compare auto insurance price proposals for your teen driver, but here are some tips to make it a bit easier
Insurance coverage for a teen driver is required by law in most states, often beginning with the issuance of a learner's permit. Insuring a teenager can be an expensive proposition, costing significantly more than insuring an adult. Because of the high cost, it's important to compare auto insurance price proposals from multiple insurance providers before choosing one from which to purchase your teen driver's coverage.
Building the right coverage for your teen driver
Insurance for a teen driver is no different, structurally, than for an adult driver. For most states, you'll need to make certain your teen is covered by bodily injury and property damage liability insurance. Most states require that you carry a minimum amount of both types of liability insurance to avoid having the state carry the costs of medical care or property repair resulting from an accident.
For free quotes on auto insurance price proposals for teen drivers, click here
Along with liability insurance, you may wish to consider the purchase of medical payments coverage to cover injuries sustained by your teen driver and any passengers carried in the car, as well as comprehensive insurance to cover damage due to auto theft, vandalism, fires or floods.
Making an honest comparison
Every coverage type available to an adult driver is also available for a teen driver, though you will find that when you compare auto insurance price proposals, the insurance premium rates for teens will generally be higher than those for an adult driver with a clean driving record, or even to a family policy adding a teen driver.
A number of variables determine the price set for a premium. The insurance company takes into account the teen's driving record, the location in which the teen will be operating the vehicle and even the credit history of the policy purchaser. Because teens are more prone to being involved in an accident, rates are generally higher than those for older drivers.
On way you can save on teen driver insurance prices is to add your teen drivers to a family plan. There are a number of car insurance companies that will give you a discount when you have more than one car or even more than one driver on a car insurance coverage plan. Most insurance companies will also offer incentives, support programs and even some additional discounts for helping teen drivers set and maintain safe driving habits.
You can save on the premiums by getting separate insurance proposals from a variety of insurance providers and making a direct comparison between them. Getting a list of the base rates for insuring your teen is only part of the comparison process.
Be sure to compare discounts
In order to find out how much it will actually cost to insure your teen, you'll need to look at any discounts that may apply for the various companies involved. A growing number of states have established Graduated Licensing Programs (GLP) as a way to increase teen driver safety, phasing in driving privleges for teens through an extended period of supervised and resricted driving. As such, you'll find that many insurers won't raise your premiums when you add a teen driver until that teen is fully licensed, even if you add the teen during the learner's permit period.
There are a few other discounts you should be aware of when you compare auto insurance rates, including a discount of up to 25 percent if your teens maintain a "B" grade point average while in school and a discount for teens who pass a certified driver's training course.
One of the best ways to get a complete setting to comprae auto insurance price proposals for your teen driver is to spend some time with a local, lcensed car insurance agent. An agent will be able to answer any questions you may have, advise you of all the discounts you may be eligible for, and even illustrate a range of auto insurance proposals you can compare before you buy. Reply! can help here by putting you in touch with auto insurance agents near you with plenty of experience in expanding a family's policy to accomodate a teen driver.