Insurance Insights

Auto Insights

Advice for Insuring Your Teen Driver

A teenager with a driver’s license can be a major convenience for families on the go. Insuring a new driver, however, can be costly.

The reason it’s more expensive to insure a teen driver is fairly simple – the risk of motor vehicle crashes is higher among 16- to 19-year-olds than among any other age group. The higher the risk, the higher the premium. The good news is, we’ve gathered some helpful tips to help you keep your premiums as low as possible, and keep your teen safe and accident-free.

Add Your Teen to Your Auto Policy

Rather than setting up an independent policy for your teen driver, consider adding him or her as an additional driver on your auto insurance policy. Also, if you have more than one vehicle, keep costs down by designating which vehicle your teen will be driving.

Deductible Considerations

Auto deductibles typically range from $250 to $1,000. By upping your deductible and using your insurance only for big repairs, you can significantly reduce your premium.

Ask for the Student Discount

If your teenager maintains at least a 3.0 grade point average (GPA), he or she typically qualifies for a rate discount.

Weigh Your Buying Decision

Wanting to get your teenager a new car to drive with the latest safety equipment is understandable, but you may be better off purchasing a safe, used vehicle in terms of premium prices.

Set Your Expectations for Safety and Minimize Distracted Driving

Teens can get distracted easily. To help reduce potential accidents:

  • Restrict your teen’s nighttime driving
  • Do not allow them to drive with more than one other person in the car
  • Ban cell phone use while driving
  • Ride with your son or daughter occasionally to make sure they are keeping up with the safety habits that they learned in driver’s education

Talk to an Auto Insurance Expert

VTC Insurance Group offers a full range of coverage options to meet your family’s automobile insurance needs. To learn more, contact a VTC agent near you. Call 248.828.3377 or visit vtcins.com.

The content within this blog is for informational purposes only and is not intended as legal advice. Eligibility for coverage is not guaranteed and limited to the terms and conditions contained in the applicable policy.

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