Will Adding Teen Driver Increase Parents Auto Insurance Rate
Reader’s Question:
My dad just added me to his auto insurance policy here in Ohio, and his auto insurance premium rate just increased. Is there anything I can do to bring down his auto insurance premium rate?
Gilbert
Columbus, OH
There may have been other factors why your dad’s auto insurance premium rate increased, but there’s a big chance that your inclusion caused it. A teenager’s risk factor is higher than the usual motorists. For one thing, when teenagers get their driver’s license, driving becomes a big thing for them. My son, when he got his license, would grab every opportunity to drive the car. Now, teenagers, due to the limited amount of time they’re given to drive, are inexperienced drivers, and this inexperience does not stop them from wanting to drive. And also, teenagers can be reckless and fearless when behind the wheel. That’s why your dad’s auto insurance premium rate increased.
Well, if you want to bring down your dad’s auto insurance premium rate, you can enroll in a defensive driving class that is recognized by your dad’s auto insurance company there in Ohio. You can also search for other driving classes or training sessions that would merit discounts. You can ask your dad’s auto insurance agent for that. If you’re still in school, you can get a teenager auto insurance discount by doing good in school. Students who do well academically are considered to be safer drivers than other teenagers. If you’re doing well academically, this tells the auto insurance company that you’re a responsible and disciplined person.
One of the best ways to lower your annual premiums is to have a higher deductible amount.. Like a $1,000, is what I carry personally.
Now, if you are a claim free and safe driver like I am, you could be saving a ton of money each year on your premiums. People fail to realize that the deductible amount is only paid when they file a claim and their insurance company pays that claim.
