Auto Insurance Tips for Teen Drivers and Their Parents

Insurance providers typically consider teen drivers high-risk due to their lack of driving experience. This can influence the cost of auto insurance policies. Even the safest teen drivers pay more for car insurance due to their age.

Your agent can help find discounts and shop for appropriate auto insurance coverage to help mitigate higher rates.

What Influences Car Insurance Premiums?

In addition to age and driving experience, insurers consider numerous factors when calculating auto insurance premiums, including the following:

• Vehicle type and value play a significant role in determining insurance premiums. Safer, moderately priced vehicles may help keep insurance costs lower.
• A clean driving record typically results in lower insurance premiums, while accidents, speeding tickets and DUI/DWI violations can lead to higher rates.
• Where you live can significantly impact your insurance rates. Urban areas with higher traffic density and risk of theft and accidents usually have higher rates than rural areas.
• The amount of coverage you choose and your deductible also impact your rates. Higher coverage limits and lower deductibles typically increase the cost of insurance.
• Eligibility for discounts such as multi-car, safe driver and good student discounts can lower insurance rates.

Choosing the Right Coverage

Texas drivers must maintain minimum auto liability insurance to help pay third-party accident-related injury and property damage claims. Your agent may recommend purchasing more than the minimum coverage to help mitigate the increased statistical risks of having a teen driver in the household.

Full coverage insurance, which typically includes comprehensive and collision insurance, may help repair or replace the insured vehicle after a covered event, such as an accident, theft or weather damage. The lienholder may require this coverage if the car is financed or leased.

Uninsured/underinsured motorist insurance may help pay for your injuries and damage to your vehicle if the other driver doesn’t have adequate auto insurance coverage.

Promoting Safe Driving Habits

Encouraging your teen to adopt careful driving habits is crucial for their safety and can impact insurance costs. Show your teen safe driving practices by being a responsible driver yourself. Discuss driving responsibilities and encourage your teen to talk about their experiences and challenges on the road.

Technology such as apps or in-vehicle monitoring systems can help you monitor your teen’s driving habits and encourage safer practices.

Contact Us

Contact Poole Insurance Agency in Liberty, TX, to find appropriate auto insurance for your teen driver.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.