Insurance Insurance

New Driver Insurance How Much it Can Cost

Teens who have just received there license are always extremely happy but a new driver brings some tough questions, where to get the right insurance. Although you can lower the high premiums that accompany a new driver you can not completely get rid of them, the following tips if followed will help keep the premiums at a minimum.

1 - - Make sure the new driver knows how to drive in a safe manner. A huge key to keeping you insurance cost down is making sure no accidents occur. Premiums are going to be high with a teen driver but if an accident occurs the premiums could shoot through the roof. So, ride with your driver, make sure they know all the right safety procedures.

2 - - Put your new teens car on your own insurance. If you are the parent of a new teen driver and you yourself have good auto insurance then it is wise to add the new driver to you insurance. This will lessen the premium spike.

3 - - This tip is pretty simple, get your teen to help pay for some of the cost. The new driver won't be able to pay a lot but it can offset prices a little.

4 - - Did you know that teens with a 3.0 GPA or higher in school pay 10 percent less for their car insurance? Well that is a fact, if your teen gets good grades then the premiums will go down. You could pay your teen for good grades, calculate how much good grades will save you and then pay your teen for their efforts.

5 - - Get multiple quotes when searching for an insurance company, this alone can save you hundreds of dollars.

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