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Friday, August 7, 2009

Affordable Teen Auto Insurance -- How Your Kid Can Help


You now have a teenager who is asking to start driving. This should have been a clearly joyous moment but for some reasons, it's filled with mixed feelings. While you pray that your teen stays safe behind wheels, you're also concerned that it would raise your costs. Could you imagine the additional cost of gas? Worse still is the fact that the family's auto insurance spend is going to increase by as much as three times just because of one driver -- albeit their beloved kid. Thankfully, it's NOT like the weather. You can do more than complain. You can take sure steps to pay less. Let's take a look at them...

I'll just reel out a good number of tips before dwelling on just one...

1. It's a very sensible move to have your teen contribute part of their premium. If they are responsible for paying part of the bills they'll be more open to suggestions that will reduce your rate.

2. Make him/her a secondary driver on your oldest car (Such a car should be ok without comprehensive and collision coverage).

3. Let your kid learn to drive at a driving school and NOT on their own. If they did learn on their own, let them take a course in defensive driving. Auto insurance providers have a favorable bias to teens that do this.

4. Encourage your teen to take his/her studies seriously. Good grades will drive down their rate. Auto insurers believe students who maintain good grades are less prone to recklessness.

5. Make sure your teen drives a car that has all the recommended safety gadgets/features.

6. Reduce the time your teen spends behind wheels to the minimum. Let the use the mass transit as often as possible. Lower mileage means cheaper rates. This is without counting the precious dollars you'd save on gas.

7. Teens are very comfortable with the internet (We all know how hard it is to get them off those computers). Let this be used productively on lowering your rate...

More often than NOT, your teen will more gladly shop for auto insurance quotes from a wide range of insurers. They have the time and skill to do this.

Let them know that you're looking for the best rate that also gives you the right protection. They should be encouraged to get quotes from NOT less than five sites.

They should make a list of about five of the best quotes returned. You can go through those short listed and make the final decision. This simple action will save you several hundreds in premium dollars.

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