13 Jan 4 Discounts when adding a Teenage Driver to your Auto Policy
4 Discounts when adding a Teenage Driver to your Auto Policy
It seems like just yesterday. You were bringing your little baby bundle of joy home from the hospital. Within a blink of an eye they are walking and talking. The milestones really do come quickly and before you know it you have a teenager. How exciting for the both of you. The biggest rite of passage so far in their life is possibly getting their driver’s license! And with that also comes something that can make any parent cringe. An increase to the cost of your Auto insurance.
Luckily, there are ways to save with discounts and rewards offered through insurance companies. Here are the top 4 discounts that you and your teen can do to save money when adding a teenage driver to your auto policy.
1. 3.0 GPA
This is a great way to get your teenager involved in the privilege of driving. When they are able to maintain a 3.0 GPA or higher they qualify for a “good student” discount. Statistically speaking, if a youthful driver gets A’s and B’s they are also less likely to get into an accident. You will need to provide your teenage driver’s school transcripts to maintain this discount. It is good to remember that the insurance company may check your teenage driver’s grades periodically.
2. Driver Improvement Course
Some high school’s may offer a Driver’s Education class that will definitely benefit your teenage driver. If this is not something offered, you can pay to go to a driving course. DriversEd.com is one of many options. The price is reasonable and in the long run, you could receive a discount in the 5 to 10% range depending on the insurance company. There are many out there so do your homework to find the best option for you and your teenage driver. What your teenage driver can get out of the course is priceless. They will learn skills to keep themselves and others safe on the road. Who knows, you may even want to take the course as well. DriversEd.com has a course for adults as well as teens.
3. Bundle Home/Auto Policies
Ok parents, this one is in your court. By bundling your Auto and Homeowners insurance policies with the same company you will receive a discount. How easy is that! Just let Lareme Fessler know and he will get that done for you.
4. Driver Tracking Device
Where Insurance companies used to have a plug-in device, they are now moving to an app that will produce a driving report for rewards. It may have the ability to track speed, breaking, time of day or night while driving and/or mileage. They are now able to offer rewards for not using your mobile device while the vehicle is in motion. Your teenage driver will be encouraged to drive safely knowing they will be rewarded for it. For more information on these rewards check out our blog, Go Digital and Save Big on your Auto Insurance – 3 easy steps.
Check Out the Learning Center!
So there you have it, 4 ways to save on your Auto insurance when adding a teenage driver to the policy. Enjoy this time with your teenager because before you know it, they will be graduating high school and moving out! If you have additional questions, feel free to contact your Canyon Lands Insurance agent, Lareme Fessler! Lareme is committed to serving San Tan Valley, Gilbert, Gold Canyon, Mesa, Apache Junction and all of Arizona, California, Idaho and Utah with all of your insurance needs.
No Comments