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Teen Drivers

Date: 12 March, 2010

When it comes time to adding a teen driver onto your car insurance, there are some things you need to expect and prepare for. First and foremost, the rates will usually increase. Car crashes are the leading cause of death in people between the ages of 15 and 20. Young drivers are three times more likely to die in a car crash. Statistics also show that the younger the driver, the more accidents that occur. Because of these findings, car insurance rates can go up anywhere from 50% to 200%.

Although rates are more than likely to go up, you can do your part to prepare for it. First of all, you should budget for the increase in car insurance. Second, you should talk to your insurance agent about possible discounts, such as a good driving record discount or a good student discount. Some agents offer discounts on driver safety courses, as well. If your teen is involved in a civic or community organization, the insurance company may recognize this as a less risky driver.

The higher the risk, the higher the premiums on your insurance are going to be. It would be advisable to do what you can to reduce the risk. You can do this by purchasing a safer car. Some cars can reduce your teen’s rates up to 50% less. Sports cars, for instance, will definitely increase your rates. You can also look for additional safety features to the vehicle that will help bring the rates down. Features such as anti-lock brakes, side-impact air bags and traction control can help.

Safety is number one when a teen begins to drive. Although rates are going to be affected, they can also be lessened with good driving and discounts that may be available.