How Do You Reduce Teen Auto Insurance Premiums And Keep Them Low?
There are many parents who don’t want to add their teen driver with their insurance policy simply because of the high cost of teen auto insurance premiums. If you are one of those parents, there are lots of ways you can actually save money. Inquire About Discounts. Since there are various kinds of discounts which are being offered by insurance companies, you have to ask about them. If your teen has a grade point average which is a 3.0 or higher, then he can be eligible for the good student discount. This is because insurance companies have realized that teens that have good grades normally possess personal responsibility. They are not reckless with their cars. If you have not yet given a car to your teen, opt for an older car model. This is because it is more cheaper to insure an older car. But ensure that it still has the safety features like passive restraints and anti-lock brakes. Also, install anti-theft devices for your advantage. Such features of anti theft and safety can make yo