The new school year is upon us, and if you have teenagers in the house, this fall they might be driving themselves back to school. Having a new driver in the family brings lots of challenges, not least of which is figuring out how it will affect your car insurance. To help you sort it all out, we walk you through the basics of purchasing auto insurance for teenager drivers in the Edmonton area and let you know how insurance works when you’re sharing a car as a family.
Car insurance for teens: what you should know
When your teenagers get their licenses and begin driving your family car, you must take steps to add them to your insurance policy. Since teens are inexperienced drivers and thus considered more likely to get into accidents, this means that your insurance rates will usually go up. Nevertheless, it’s important to make sure you add your kids to your insurance as secondary drivers right away. If you don’t, you’re not only violating your insurance agreement, but you also won’t be able to receive coverage for injuries and property damage should your teen end up getting into an accident.
Tips for saving money on car insurance as a family
Even though adding new drivers to your insurance policies can make your premiums go up, there are ways to reduce your car insurance rates. For instance, your insurance provider may lower your premiums if your teenager has taken lessons at a driving school recognized by your insurance company. Having teenagers drive newer, safer cars will also lower your insurance rates as accidents will be less likely to occur. Plus, the longer a teenager drives with insurance without getting into accidents or other trouble on the road, the better the insurance rates they’ll be able to get down the line.
Teach your kids about the importance of car insurance
Becoming a new driver is an exciting stage in a young person’s life, but it comes with adult responsibilities. One of these new responsibilities is making sure your vehicle is adequately insured at all times. If you’re the parent of one or more teen drivers, explain to your kids how auto insurance works in case of an accident and the reasons why there are serious consequences for breaking the law by driving without insurance.
Call Us to Discuss Car Insurance Options for the Entire Family
At MBS Insurance Brokers, we want to make sure teenagers get the driving experience and car insurance coverage they need to be skilled and responsible drivers. We’ll help your family get the best auto insurance policies at the best prices so you can all breathe easily when driving around Edmonton. Contact us today to make an appointment or request a free quote.