Concord Auto Insurance in Michigan

To get the most affordable and most suitable Concord auto insurance for teenagers, concerned parents should educate themselves about the factors affecting such policies. Once this is achieved, then the best Concord car insurance package could definitely be had more easily.

What Parents Should Know about Concord Auto Insurance for Teenagers in Michigan

A lot of teenagers are involved in road accidents around the state of Michigan these days. Even in a laid back place like Concord which only has a population density of about 149 per square mile, road accidents involving teenagers are common occurrences. Given the high incidents of road accidents involving teenagers in Michigan, the state now imposes strict auto insurance requirements for teenagers.

How much Concord Insurance auto coverage do you need to get for your teenage son or daughter? The minimum liability coverage prescribed under the laws of Michigan is $ 20,000.00 for bodily injury per person involved in the accident and $10,000.00 for property damages. However, since teenage drivers belong to a high risk group, most Concord insurance companies will advise you to get higher coverage for your kid, especially if he just learned how to drive. Studies show that teenagers are more likely to be involved in car accidents during their first year behind the wheel so if your kid is just learning to drive, it is important to get him or her higher coverage.

Will adding a teen driver to an existing auto insurance policy drive up the cost of premiums? Yes, adding a teenage driver into your policy will definitely cost extra money. In fact, your annual premium rate may increase between 100 to 200 percent. According to experts, the average increase in Concord car insurance annual premiums is now around $2,171.00. Technically, that figure may look a bit scary at first glance and some parents balk at the idea of paying this much money. However, the thing is, if you want your kid to drive, you just have to turn a blind eye when it comes to premium cost.

Is there a way to save money on your Concord Insurance premiums? There are always ways to reduce your premium cost without jeopardizing coverage. First, you can save money on your car insurance by getting cheaper coverage. You need to do some research then compare different Concord car insurance quotes and see which ones can give greater value for your money. Weigh your options well before buying any vehicle insurance coverage for you and your kid. Second, you can get around 10-15 percent discount on your premiums if your kid maintains a grade of B in school. Most car insurance companies around Michigan love kids who do well in school so if you want to save some money on insurance premiums, make sure that your son or daughter gets good grades.

Another way to get discounts is to let your kid undergo state approved safe driving course. Check out the local driving schools in your area and see if they offer state approved safe driving courses for teenagers.

Local auto insurance quotes in your area can help you compare car insurance quotes for auto insurance coverage in all of the following ZIP codes in Concord


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