There's nothing like having a teen driver in the house to make you wish you could go back to the horse and buggy! Aside from the heart attacks that usually accompany having to hand over your car keys to the same person who decided it would be a great idea to give bungee jumping a try (off the garage) comes the shock and horror when you see your first insurance bill. Fortunately, finding (relatively) cheap car insurance for your teen isn't as hard as you think.
How Much Driving Are They Doing?
One of the first things your insurance company's going to ask you when you call to add your teen to your car insurance policy is how many miles you expect them to drive in the next year. Statistically speaking, teens who drive back and forth to work, school and friends' homes on a regular basis are more likely to be in an accident. If you can, restrict the amount of driving they're going to be doing. While no self respecting sixteen year old is going to be thrilled with the idea of hopping public transportation (or even worse, riding the school bus!) but their pride will take it-and your checkbook will be grateful for it.
How Well Do They Drive (and what kind of example are you setting)?
The single best thing you and your teen can do to keep your car insurance rates somewhere below the national deficit is keep their driving record as clean as possible. The responsibility for most of that is going to fall on them, but if you set a good example for them they're likely to follow it. Are you an aggressive driver? Don't be surprised if they are too. When they were babies they copied everything you did. That doesn't change-they're just less obvious about it these days!
What Are They Driving?
Your car insurance rates are going to go through the roof if you trade in your $2,000 clunker for a $60,000 Jag. Take into consideration the fact that your 16 year old is 64% more likely to wreck that jag than you are and it's easy to see why what your teen is driving is going to impact your car insurance rates. The cheaper the vehicle they're driving, the better off you're all going to be. Period.
How Are Their Grades?
Since your teen doesn't exactly have a credit score car insurance companies do the next best thing when they're looking for an indicator of how responsible they're going to be behind the wheel. They take a look at their grades. High schoolers on the honor roll are going to pay less for their insurance than a straight "C" student, so if you're bound and convinced that your child isn't working up to their full potential now's the time to start cracking that whip.
When they have to take over their insurance payments they'll thank you for it, we promise.
Anthony M. Peck is the Senior Developer, Software Project Manager, and Director of Business Development for QuoteScout.com. Since its launch QuoteScout has helped drivers find the best price on their car insurance. For more information on how to find cheap car insurance for your teen driver, visit them on the web at http://www.QuoteScout.com
Article Source: http://EzineArticles.com/?expert=Anthony_M._Peck
0 comments:
Post a Comment