For many parents, having a new teen driver in the house can be an exciting and extremely stressful event. It's only natural that you worry about their safety behind the wheel. After all, you know the dangers of driving. As the parent of a new teen driver, one of the most important things you can do to protect your teen is to secure reliable auto insurance in Antioch, CA. Take a look at these common mistakes to avoid when getting car insurance for your new teen driver.
Mistake #1: Carrying a low deductible
The deductible is the amount of money you pay in a claim before the insurance starts to kick in. In most situations, opting for a higher deductible (and, therefore, more financial responsibility in a claim) will result in lower premiums. The rates for teen drivers tend to be high because they are a risky group to insure, so having a high deductible also means more savings on the cost of your teen's auto insurance.
Mistake #2: Having a separate policy from the parents
One of the first options you will have when insuring your teen is whether to get a policy that is separate from yours. Many parents opt for a separate policy so that the cost of their own insurance doesn't spike. However, this usually results in the teen's individual policy being significantly more costly. Talk to your insurer about the different options available to you, but note that separate policies often result in a high price in the long-run.
Mistake #3: Not declaring your teen's good grades
When it comes to looking for savings for your teen's policy, it's important to do your homework. Many insurers will offer teens a discount if they are getting good grades in school. Ask your insurer what discounts could be available to you and your teen, and you may find yourself saving instantly!
For the auto insurance to protect you and your teen, visit Jack Stone Insurance Agency, serving Brentwood, Antioch, and surrounding metropolitan areas of California.
