Your young one is now old enough to drive their own vehicle (or yours). Now you will need to purchase auto insurance for your young driver. You have probably heard all the bad you can about trying to get young teenagers insured to drive, and a lot of it is probably true, while others might not be. Here are some points for you to think over while searching for auto insurance for your child.
Is your child responsible enough to drive? None of us wants to think badly of our child, but in a matter such as this, it is important to think objectively. Your child will be alone on the road and you want to make sure they are adequately covered in the event of an accident. If your child gets into an accident and is the one at fault, your premiums are going to skyrocket. Can you afford this? If you are still sure you want your child behind the wheel of a vehicle, keep reading.
Your child’s age and lack of road experience will come into scrutiny. Insurance companies are wary of young drivers as they feel they tend to be more easily distracted while driving and are possibly not yet mature enough to handle a responsibility such as driving. They feel your child, lacking the necessary experience, won’t know how to handle situations that may arise while driving, leading them to cause an accident. Insurance companies are like you and want to save money, but do not fret! It is possible to find auto insurance for your young first time driver!
The best advice is to shop around, look at all your options, find the company that don’t look down upon teen drivers so much that they charge you an arm and a leg for insurance premiums. If you are on a budget, you may consider going for the bare minimum of coverage for your teen. This is a good idea if you’re on a budget, yes, but also you must consider that in the event of an accident, what if your coverage is insufficient? Then you will have more bills from medical costs, property costs, and lawyer fees and forbid we even think of it, funeral costs, than you can possible handle.
So, while getting cheap coverage for your child may sound like a good idea now, think of the future. Although you may trust your child, statistics show it is not if an accident will occur, it is when, and you want to be sure you don’t find yourself financial in the red because of a wrong turn.
Another thing to consider is adding your child to an auto club (if that is possible with their age in your area). This will come in very handy if their vehicle happens to break down in the middle of nowhere. You want the peace of mind that your child won’t be alone and that someone will come to help them. If you are looking to save costs, however, you can bypass this and in the event of a break down, drive out to help them yourself.
Whatever auto insurance coverage you choose and whatever company you chose to go with, there are options available to you for your young driver. It is not hopeless; just do your homework until you find the best option for you and your teenager.