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You can also take advantage of one of teen driver programs that will
allow you to save as much as 25% on your teen’s insurance premiums.
Another program allows you to save about the same amount providing your
teen maintains a B average in school. Now that’s a win-win. Your teen
has some incentive to keep those grades up and you’ll save a bundle.
When you list your teen as a drive on your vehicle, make sure that you
claim him or her as an occasional driver. This is going to save you a
substantial amount. You see a full time teen driver is a much bigger
risk than an occasional driver.
If you are going to be insuring your teen on their own vehicle, make
sure that it is something that comes with reduced rates. A high-risk car
and a high-risk driver will equal big bucks, so this is a place where
you can really see your savings add up. Small four cylinder cars are a
good risk, as are those with airbags, crumple zones, and other safety
features. Where as a sports car or any vehicle with a high horsepower
will cost you a fortune.
That’s because the car insurance
provider knows that combining a sporty car which feels great when
driven like you’re on the Indy 500, with a young driver who’s both
inexperienced at driving and doesn’t always have sound judgment, is a
recipe for disaster and the risk is high, which is why the rates are
high.
Now that you have some tips to help you save money on the cost of your
teen car insurance, why not get busy getting those quotes. Just 30
minutes and you’ll have the best rates in hand on Car Insurance for
Young Drivers.
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