As a teenage driver, you need to be on your parent's insurance policy or insurance policy. Carrying insurance is the responsibility of every driver on the road. It is important to understand how to insure yourself as a teen driver properly.
#1: Intentionally Assign Yourself A Vehicle
As a teen driver, the vehicle you are assigned on the insurance policy matters. When you are a listed driver on an insurance policy, you will either need to be listed as the primary driver on an insurance policy, or you will need to be listed as the secondary driver.
If you are listed as the primary driver, you should be listed as the primary driver on the least expensive car. It is best to be listed as the primary driver for a standard commuter vehicle. Being listed as the primary driver for a sports or expensive vehicle as a teen driver will drive up your insurance costs. Being listed as a primary driver for an inexpensive vehicle will help keep your insurance rates reasonable.
#2: Get Good Grades
While you are still in school, be it high school, college, or community college, many insurance providers will reward you for getting good grades. Getting good grades is an easy way for insurance to reward a young driver for being responsible when other ways of rewarding a driver for good behavior, such as a good driving record, is not possible.
To get this discount, you will have to submit a copy of your semester report card to your insurance agent. You will need to continue to submit your grades to continue to receive these discounts.
#3: Take a Driving Course
Next, it is essential to take a driving course as a teenager.
You can take a driver training course, or if you already have your licenses, you can take defensive driving or safe driving courses that are approved for young drivers. Make sure any course you choose is an approved course your insurance company will get you a discount on your insurance. Most of these types of discounts will apply for a couple of years.
#4: Install a Tracking Device
Finally, you are going to want to consider installing a tracking device on your vehicle. A tracking device will not be on your vehicle forever, generally, for a few months' time.
The tracking device will measure your driving habits and allow your insurance company to see what your driving habits look like, helping lower your insurance costs.
When it comes to insurance as a teen driver, you need to be assigned to a low-value vehicle, get good grades, take a driving course, and install a tracking device. These are four great ways to make sure your insurance premium is affordable as a teen driver.
For more tips, contact a local insurance agency.