Best Tips for Teen Driving insurance | Ensure teen driving security
It’s a wise thing to consider teen driving insurance to your car policy. Even though it’s going to raise your car insurance rates but then, you’ll have a lot to gain if your teenage child gets stuck while driving.
This usually comes handy when your teenage child has passed the state driving test and he’s got the state Official drivers’ license. That’s to say that you don’t have to hire a taxi to and fro school.
Why you have to consider teen driving insurance
In as much as you’ve a new convenience that isn’t without total concern as though all is well. Amidst the joy, there’re some worries that will be across your mind. One of them is your child’s safety, car insurance and damages due to an accident caused by the teenage driver.
Because you can’t guarantee 100% of your teen driving safety, you’ve to consider Auto insurance for your teenage drivers.
In this article, I’ll be guiding you on the things you’ve to consider when teen driving insurance is concerned. The rates for teen driving insurance and how you’ll understand it better.
Factors that affect insurance pricing coverage for a teenager
A factor that affects teen driving insurance for teenagers depends on the state you live in. Some states do live it for the insurance company who use the several factors to decide the pricing for a teenage driver.
The criteria below are used by most insurance companies such as Safeco insurance company.
- Male or Female Teenager: The pricing for a teenage driving insurance is often driven by this factor. Statistics according to Centers for Disease Control and Prevention (CDC) shows that in 2013, the car death rate for drivers and passengers between the age of 16 to 19 is twice high for the males in relation to the females.
That’s to say that insuring a male teenage driver might cost more than a female teenage driver.
- Primary Driver: This comes into consideration when the teenager owns their own car. A teenage driver will often drive his car when he’s not sharing the vehicle with
For a teenager to be more behind the wheels increases his/her insurance rates. That means that he’s no longer an occasional driver with limited use of the vehicle.
- The type of the Vehicle: it’s interesting to know that the make and model of your car most times influence your can insurance rates. A high-end vehicle should attract more insurance pay mostly for an inexperienced driver like a teenager. It’s advisable you check carefully what it’ll cost to insure a car for a teen driver before going ahead to buy it for the car.
Discounts for your Teen Driver
Even though Car insurance can be very high a times, you can liaise with your agent to help access the available discounts for you.
- The driver’s education: The level of discounts you’ll get depends on the knowledge of the driver. A newly licensed driver will always get a discount.
- Electronic Monitoring: An insurance company will prefer you adhere to a safe driving habit which is verifiable by an electronic monitoring device attached to the car ’s diagnostic port. Adhering to the instructions can earn you After some period of the monitoring, the data is collected for assessment.
- The grade of the student: Insurance companies will consider discounts for students with at least B grade. This needs verification each year. That means you’ve to keep the latest report card.
- Living in a Boarding school without the Car: if your teenage driver is living in a boarding school or in a University without the car, then the insurance company has to be aware. This will earn him more credit while in school and also, cover when he’s at home.
What happens if you ignore teen driving insurance?
Well if you decide to ignore teen driving insurance, then, you’ve to be ready to take the consequences that will come after any devastating incidence such as accidents and traffic violations.
But if you’ve insurance for your teen drivers, depending on the agreement, your insurance company may take care of damages caused by the teen in course of his driving. This part depends on the state and insurance regulations in your area