When it comes time for your teenager to get behind the wheel and start navigating the roadways, it’s important to make sure you’re properly educated on insuring a newly licensed driver. The decisions you make about auto insurance will impact your family’s financial well-being. While your top priority when shopping for coverage should be ensuring your teen is sufficiently protected, you also want to get the lowest rate possible. Here are a few facts about purchasing insurance for a teen driver. 

What to Know About Teen Auto Insurance

1. It’s Usually Best to Add Your Teen to an Existing Policy

Though it depends on each situation, adding your teen to the insurance policy you already have will likely yield a better rate than buying them their own. You can still expect your premium to increase due to the risks of insuring an inexperienced driver, but this will allow your teen to be adequately covered for a lower price. 

2. The Vehicle They Drive Matters 

Insurers take a variety of factors into consideration when calculating auto insurance premiums, including the type of vehicle that’s being driven. This is also the case when rating teen drivers. Have your teenager drive a car that’s designed to provide crash protection and has as many safety features as possible. Avoid vehicles built for speed.

3. There Are Ways to Cut Premium Costs 

While there’s no way to get around paying a higher premium after putting a teen driver on your policy, there are still ways to cut costs. Many providers offer savings for good grades, bundling policies, taking a defensive driving course, low mileage, and raising your deductible. If your teenager goes away to college and doesn’t take a car, it’s likely you can get a discount for that as well. 

If you’re looking to get auto insurance for your teenager, start the shopping process by consulting an experienced agent. The team at Integrity Insurance Solutions of San Marcos, TX, will help explore all your coverage options and eliminate the confusion that comes with trying to compare multiple policies and prices. They represent some of the most reputable insurance companies in the industry and have been entrusted to provide numerous residents with high-quality protection for maximum financial security. Call (512) 396-2211 for an accurate assessment of your teen’s insurance needs or visit Integrity Insurance Solutions online to learn more about their services.