It’s inevitable isn’t it? Your auto-insurance premiums are likely to skyrocket when your teenage son or daughter starts driving. But a few key moves can help you cut costs significantly. The first move you should make is to compare teen car insurance quotes, best place to do so…visit InsWeb.com.
The 10-Rules:
1. Stick to a Classic Ride
*Used cars are cheaper to insure than new ones.
2. Safe over Sporty
*Think of it this way…what good is a sexy car if you can’t afford to put gas in it?
*There are plenty of cars that combine coolness and safety. Check out this site for suggestions.
3. Get Assigned to a Specific Car
*Doesn’t hurt to ask your agent which car in the family should you be assigned to drive to reduce the rate.
4. Take a Driving Course
*Most insurance companies offer discounts to teens who take (and pass) an approved driver’s ed course.
5. Get Good Grades
*Getting a B-average (3.0 GPA) or higher will score you cheaper teen car insurance rates.
6. Keep It In the Family
*In most cases it is cheaper to add the teen to a policy rather than have one on their own.
7. Go for a Higher Deductible
*Tell your parents to double check their deductibles and figure out if there is room in the budget to raise it.
8. Don’t be a Statistic
*According to the experts, 16-yr olds are three times as likely to wind up in a crash than a 19-yr old – and almost 6-times higher than 20-24 year olds.
9. Shop Around
*Again, check out InsWeb.com.
10. 6-Month Rule
*Every 6-months, check-in with your insurance company and update your policy information to make sure you are getting the best teen car insurance rates. Keeping a clean driving record can sometimes garner lower premiums as well.
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Regards,
O’Brien Automotive Family – “Our family works for you. Since 1933”
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