Insuring Your Teenager To Drive

in Insurance

If you have teenagers that live at home than they are of driving age you might prepare yourself for sticker shock when it comes to buying car insurance for them. Affordable Florida car insurance rates for teenagers is almost considered an oxymoron.

There are some things that you can do that are tried and tested for getting your car insurance rates at an affordable level is then beginning to educate your teenagers is a good place to start. You will need their support and cooperation in order to afford insurance for them to drive.

To start with make sure that your teenager won’t be driving an excess of mileage to get to and from school or work or where ever he or she travels. There is a question that your insurance company will ask you when you are seeking coverage and it is, how many miles per week does your teenager drive? You need to have this answer be as low as possible.

Insurance companies are all about reducing risk for no matter who is the insured in your family. If your teenager can document good grades in school you can expect to get reduced car insurance rates. At the minimum you will get a good student discount.

Make sure that the car your teenager will be driving as all the latest safety equipment including airbags, antilock brakes, security devices and is generally safe and sound to drive. Again we are looking to reduce risk in the eyes of your insurance company. Having a safe car accomplishes that goal and discounts are available for safety related accessories.

In the insurance business for teenagers the smaller the car, it’s the cheaper the insurance. Having your teenager drive around in a high performance muscle car will make them look really cool, but will send you to the poor house paying insurance premiums. Now if you’re one of those families whose child pays for their own insurance and auto related expenses, go for it. Otherwise keep the car smaller and less powerful.

Almost all states discount insurance premiums for defensive driving classes and or courses. Florida is no exception and the larger companies in particular offer discounts for drivers education certificates.

Raising your deductible on collision and other coverages will automatically save you 15 to 20%. This formula works well with mature adults as well as teenagers. Finding a balance between what you are able to pay in the event of an accident and what you are willing to pay is paramount to lowering your car insurance premiums. Raising your deductible has an opposite effect on your premium and it will be lowered.

Finally shop for car insurance rates until you are completely exhausted from doing so. You never know when you’re going to find just the right deal and save hundreds of dollars. There is no easy way to insure a teenage driver in Florida or any other state.

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