Anyone attempting to by auto insurance for a teenage driver knows that this can feel like something of a feat. Some of this is related to how the insurance companies assess risk, and other is related to how full coverage insurance might give you additional peace of mind as your teenager takes on the road for the first time. So, some simple guidelines will help you figure out how you might insure a teenage driver in the best possible way.
To start, the free instant online insurance quote should be obtained not only for the teen driver on their own policy, but also what the rate difference might be if the driver is added to a family plan. Usually, this is more affordable since you have already established a rapport with the insurance company.
Or, get instant online quotes for non-standard insurance. Many states have this option, which essentially means that high-risk drivers can still get comprehensive coverage. Though, remember that non-standard policies are often more expensive than full coverage, merely due to the risk involved.
The state options also may have specific provisions for getting a teen driver on the road. Discover whether or not your state has an assigned risk pool. States with these often require insurance companies to cover high-risk drivers, and teenagers fall into this category. The addition to a risk pool could at least help them get their first policy so that they can have the chance to establish their driving record. Later on, when they are in college, they may be able to make their way out of the risk pool on the virtue of having good grades, which demonstrate a high level of responsibility.
Finally, researching risk mitigation opportunities is always a good idea when insuring a high-risk driver. Purchase a safe, reliable vehicle for your teen driver. Look at some of the limited mileage options if you know that you are going to limit the time your teen is behind the wheel, or only permit daytime driving. If you know that the student is already going to live on campus while at college, there may not be a need to use the car other than to visit home. Some of the driving schools in your area also may offer a guarantee that successful completion of a course will lead to a decreased rate.