4insure

Driving for the first time is scary and exciting for both teenagers and parents. But the question of when to get auto insurance for your new teen driver is an important one, that we all must ask ourselves when the time comes. For too many people put off getting insurance for their teenager. New drivers are highly prone to get in a car accident within their first couple years of driving for obvious reasons. This is why it is so important for a new teenage driver to be insured.

Unfortunately, this high tendency of getting into car accidents, whether fender bender or full blown accident, has led to a steep incline in auto insurance rates for this age group. This generally leads to procrastination. The fact is, as an inexperienced driver, it is essential that your teen be insured from the day they get their license.

Auto insurance rates are based on the amount of risk a company has to take on my insuring the car and its driver in question. Most insurance companies will be pretty uneasy about offering discounts to fresh teen drivers, but as always, shopping around will typically provide you with some satisfying results.

If you read our article about auto insurance discounts, you will see many similarities with the tips below. A majority of the discounts available to adults are also available to teens in one way or another. They are simple ways to reduce risk and build trust with your insurance company, in turn, reducing your premiums.

Add Them To Your Policy
This is an easy and cost effective way to get the large amounts of coverage you may believe your teen needs. Not only will adding them to your current policy reduce paper work and time, but will also allow them to get a much higher level of coverage than they would be able to get with a policy of their own.

Driver Improvement
Many states and counties require driver improvement classes to begin with. But if you can get them enrolled in a driver improvement class, you can take a lot of stress off the insurance company, resulting in lower rates; not to mention the stress it will lift off your shoulders.

3.0+ GPA
This may be more difficult for some, but getting a solid GPA of 3.0 or more can earn you some great discounts. Talk to your teen about this, it may encourage them to improve their grades, especially if they are paying for a portion of their coverage. This is assuming your teen is a full time student.