Teen Driver? What You Need To Know About Insurance Rates

For you and your child, it can be  a proud day when your they turn 16 and start driving. It can be a scary day for many drivers on the road and for your insurance rates, though. No matter how you look at it, your insurance rates are bound to go up when you add your teen driver to your insurance policy. This happens because teens have less experience behind the wheel and insurance companies as well as statistics indicate that they are more of a risk to insure. It happens in every city, and every state: From Massachusetts to Mississippi.

Despite the rise in your insurance rates, there are certain ways things you can do to keep your insurance rates low. First, if your teen is a good student, then you most likely can get a good student discount. Second, make sure your teen maintains a clean driving record. Any discrepancies on their record will undoubtedly raise your rates. In addition, if you need to, you can always increase your deductible to get a lower car insurance rate. Lastly, if you buy your teen a new car, you will have to pay more for insurance, so keep that in mind when it comes to choosing their car.

And, as always, make sure to shop around to find the best policy! It is definitely worth the extra time and effort.

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