Getting car insurance for your teen may be a big hassle.
Statistically, they are about three times more likely to get in an accident than their parents, and the insurance companies know this and charge you for it.
Luckily, there are a few ways you can get better rates on your insurance.
Read on to find out how...
Before you go looking for lower rates, you must first understand why the rates are so high in the first place.
As previously stated, teens are a huge majority of the car accidents.
They do not have the experience to learn how to handle the car correctly, and they don't have the foresight to be able to for see sticky situations coming down the pipe.
They also don't have the small amount of fear that most parents have...
they're invincible and they are easily susceptible to peer pressure to do things that may be more dangerous than they should be doing.
Today's teen generation also has a lot more distractions than any of their parents ever had.
They are able to text, update their social networking status, and talk on the phone.
They're also comforted by the idea of safety restraints, airbags, anti-lock breaks, and traction control.
These advances provide for a recipe for a distracted teen who is more worried about texting their friend about their latest crush than they are watching out for the next car that might take a left without signaling.
Finally, teens aren't interested in five star safety ratings, big minivans, or anything along those lines.
They want the convertible front-wheel drive car that makes them look great in front of their friends.
Because of this, their insurance skyrockets.
A combination inexperienced driver, sports car, and possibly bad driving record makes for the perfect storm of high insurance rates.
There are a few things you can do about it, however.
First, you can stress safety as the most important part of driving.
This won't lower your rates, but it may give you a peace of mind knowing that they are being safe.
You should also encourage a safe car that has all of the safety features built into it.
This will sit well with the insurance company and they will reward you with lower rates because of it.
Lastly, you should check into your local defensive driving course.
This will save over ten percent on your policy (some companies give up to 20%!).
You should also look into including them in your policy, as many companies give discounts to families with multiple policies.
Statistically, they are about three times more likely to get in an accident than their parents, and the insurance companies know this and charge you for it.
Luckily, there are a few ways you can get better rates on your insurance.
Read on to find out how...
Before you go looking for lower rates, you must first understand why the rates are so high in the first place.
As previously stated, teens are a huge majority of the car accidents.
They do not have the experience to learn how to handle the car correctly, and they don't have the foresight to be able to for see sticky situations coming down the pipe.
They also don't have the small amount of fear that most parents have...
they're invincible and they are easily susceptible to peer pressure to do things that may be more dangerous than they should be doing.
Today's teen generation also has a lot more distractions than any of their parents ever had.
They are able to text, update their social networking status, and talk on the phone.
They're also comforted by the idea of safety restraints, airbags, anti-lock breaks, and traction control.
These advances provide for a recipe for a distracted teen who is more worried about texting their friend about their latest crush than they are watching out for the next car that might take a left without signaling.
Finally, teens aren't interested in five star safety ratings, big minivans, or anything along those lines.
They want the convertible front-wheel drive car that makes them look great in front of their friends.
Because of this, their insurance skyrockets.
A combination inexperienced driver, sports car, and possibly bad driving record makes for the perfect storm of high insurance rates.
There are a few things you can do about it, however.
First, you can stress safety as the most important part of driving.
This won't lower your rates, but it may give you a peace of mind knowing that they are being safe.
You should also encourage a safe car that has all of the safety features built into it.
This will sit well with the insurance company and they will reward you with lower rates because of it.
Lastly, you should check into your local defensive driving course.
This will save over ten percent on your policy (some companies give up to 20%!).
You should also look into including them in your policy, as many companies give discounts to families with multiple policies.