By: William Forbes
Well, it's official, summer is almost at a close. The biggest clue - all the yellow school buses back on the road. The other day, as I waited in my car behind a local bus, I was reminded of the glorious feeling of being 16 and able to drive myself to school. With that in mind, I thought I'd take a minute to provide some insurance-related tips for families with young or new drivers that are headed back to school.
Enroll your young driver in an approved safe-driving course and talk to your insurance agent about driver-training discounts. Approved safe-driving courses can help young drivers gain experience and helpful skills, as well as potentially lower your insurance rate. You can check with your state's department of motor vehicles for an approved list of courses.
Discuss the costs associated with driving with your teen - including car maintenance and insurance. Helping new drivers to realize the costs associated with owning a vehicle can help instill responsible behavior on the road. Not to mention it's an important financial education too.
Bring the young driver in to your insurance agency and have an agent walk through the policy with him/her. It's important to understand what an insurance policy offers a driver in terms of coverages, and the costs associated with those coverages. An agent can break down industry jargon and explain how a policy is laid out.
Discuss with your insurance agent whether it makes sense for a new or young driver to stay on a parent's policy. This can make a big difference in terms of rates.
For those purchasing a car for a young driver, consider the insurance implications of the type of car selected. Cars with better safety ratings and features typically will be less expensive to insure.
There is nothing more exciting (and liberating) than getting a license. Stop by and talk to us about how we can help set up your new driver.