5 March, 2019 0
save money on your teen's insurance

3 Costly Mistakes to Avoid When Insuring Your Teen Driver

Don’t make mistakes with your teen’s auto insurance.

Securing the right auto insurance in Los Angeles, California for your teen can get very expensive very quickly.  This is because auto insurance providers consider young and inexperienced drivers very risky to insure.  However, there are some ways that you can save on your teen driver’s coverage.  For instance, avoiding these costly mistakes is a great place to start.

1) Securing a Separate Policy

When securing insurance for your teen driver, you have the option to secure them their own policy or add them to your existing auto policy.  While getting them a separate policy will ensure that the premiums on your existing policy will not increase, insurance policies for young drivers carry high premiums because insurers consider teens more likely to get into an accident.  While your rates will increase when you add your teen to your policy, this move will actually end up saving you money in the long run.  Generally, the premium increase you experience will be less than the cost of securing a totally separate policy for your teen.  Additionally, adding your teen to your policy will allow you to access multi-vehicle discounts.  So, if you want to save on your teen driver’s coverage, your best option is to add them to your existing auto policy.

2) Failing to Apply Discounts

Many parents do not realize that their teens can access special insurance discounts.  For instance, many insurers offer discounts for getting good grades, driving a car with driver and passenger airbags, driving a car with automatic seatbelts, driving safely for a specific period of time, and taking a driver’s education class.  When securing car coverage for your teen, speak to your insurance provider to learn about all the discounts you could qualify for and make sure that you take advantage of them.

3) Choosing an Unsafe Car

As mentioned above, your teen can get discounts on their auto insurance for driving a car equipped with certain safety features.  In general, getting your teen a reliable and low-risk vehicle will allow you to access lower auto insurance rates.  The lower your teen’s risk for an accident, break down, or another vehicular issue, the lower their insurance premiums will be.

These are some of the expensive mistakes that you should avoid when insuring your teen driver.  Do you have further questions regarding your auto insurance in Los Angeles, California?  If so, then contact the professionals at Fuller Insurance Agency in Southern California.  Our dedicated team is eager to get you the coverage that you need today.

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