Common Questions About Adding A Teenage Driver To Your Insurance Policy

There are few things that can be more stressful to a parent than having a child that is learning to drive. In addition to losing a great deal of control over their children, parents must also contend with the risks that are inherent with operating an automobile. Sadly, these are not the only stresses that you may have to experience. Buying insurance for a young driver can be confusing and expensive, but understanding the answers to these routine questions will help you make a smart choice when it comes to insuring your teenage driver. 

How Can You Reduce The Premium Rates For Teenage Drivers?

Many people are shocked when they realize that adding a new driver to their policy can result in a drastic increase in the monthly premiums. Unfortunately, this expense can be crushing for those with limited finances, and this may make it seem like it is impossible to afford this expense. Luckily, there are some steps you can take to reduce these expenses. 

It is not uncommon for insurance companies to offer young drivers the opportunity to reduce their premiums by meeting certain criteria. For example, many insurance companies will lower the premium if the teenage driver successfully completes an approved defensive driving course. The exact discounts available to you can vary substantially from insurance carrier to carrier, but speaking with your agent will quickly clear this up for you. 

What Factors Should You Consider When Adding A New Driver To Your Policy?

In addition to looking for a policy with a low premium, there are other factors that you must consider when choosing a policy. There are many teenagers that are employed as part-time delivery drivers, but their parents may not realize that most insurance policies do not cover individuals that are using their cars for work. As a result, if your child is involved in an accident while they are making deliveries, your policy may not cover the repairs. 

In addition to your child's occupation, you will also need to consider the type of car that they are driving. There are many teens that want a classic car for their first automobile, but many insurance companies will require you to purchase a special policy to cover these vehicles because of the high costs of repair parts. If your child will be driving a car that is considered a classic, you should let your insurance agent know to ensure that your policy will provide the protection that you are expecting. 

A teenage driver can be a source of constant stress for parents, but this is something that every parent will likely have to go through. Luckily, understanding the answers to these common insurance questions will help reduce the stress that comes from adding them to your policy. If you find yourself needing a new auto insurance provider, then contact a company like Ahlquist Insurance.