Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

The Ultimate Guide to Car Insurance For Teens – Everything You Need to Know

Parents should ask their current insurer what it will cost to add a teen driver and consider increasing their liability limits. Often, the minimum required in their state is insufficient to cover an accident a teenage driver causes.

Some insurance companies offer good-student and safe-driver discounts for teens, while others have approved driver training programs to help lower rates. If your teen is a problems driver, click for SR22 Insurance Online options.

Know Your Coverage Options

Whether your teenager will be added to your policy or getting their own, knowing all available coverage options is essential. In many states, it’s a requirement that teens have certain coverages such as bodily injury liability, personal injury protection (PIP), property damage liability, and uninsured/underinsured motorists.

Regarding other coverages, consider raising liability limits and dropping comprehensive and collision if the car is paid for or worth a low sum, as this will lower rates. You can also ask about discounts for having multiple vehicles or bundling auto and home insurance. These can be great ways to save. Also, talk to your teen about how driving habits affect their rates. A good driving record can help keep their rates affordable for years. To learn more about coverage options for your teens, click

Know Your Limits

Your teen’s driving will affect how much coverage they need, so you should decide together what limits and deductibles are best for them. 

It’s important to remember that if your teenager has an accident and the damages exceed your liability insurance limit, you could be held responsible. For this reason, consider purchasing an umbrella policy that will increase your coverage if the limits are reached.

You can notify your insurer about adding your teen driver as soon as they get their learner’s permit, and many online quoting tools allow you to do so before your child begins driving.

Monitor Your Teen’s Driving

While saving money is essential, teen drivers’ most important responsibility is to keep themselves, their passengers, and others on the road safe. Fortunately, several ways to monitor your teenager’s driving habits include using telematics devices and establishing rules about who can ride with them.

Installing a GPS tracker in the vehicle gives you access to hard braking, rapid acceleration, and speeding statistics. You can also set a geofence alert to limit how far they drive and see whether or not they’re bringing too many friends along for the ride (teens are twice as likely to crash with passengers). If they’re on the dean’s list or honor roll, let your insurance provider know they could get a good student discount until age 25.

Buy the Right Car

Buying your teenager a new or used vehicle will significantly impact their car insurance rates. Consider getting them a smaller, safer car with higher ratings and modern crash avoidance features. You also need to understand how different types of coverage affect your teen’s rate, including minimum bodily injury liability and uninsured/underinsured motorist coverage.

You should also know that cars with a high market value, powerful engines, or luxury vehicles often have higher premiums. If you plan on getting your teen a new car, ask about its safety ratings and repair cost before purchasing it. Also, remember that many insurers offer a good-student discount for teens who maintain a good grade point average.

Take Advantage of Discounts

When you shop around for a car insurance policy for your teen, take advantage of all available discounts. While a standalone teen policy will be more expensive than adding them to your own, premiums decline as they gain experience behind the wheel. Choosing a safe vehicle with the most affordable coverage is also essential. Sports cars and luxury vehicles usually have higher rates, while older vehicles cost less to insure.

Many insurers offer good-student or student-away-from-home discounts for teens that maintain a B average or better. They may also have driver’s ed or other training discounts for young drivers. Check with your insurer to learn more about the options for saving money on teen car insurance.


0 0 votes
Article Rating
Notify of

Inline Feedbacks
View all comments

Even more news:

Copyright 2022 – Internet Marketing Pros. of Iowa, Inc.
Would love your thoughts, please comment.x