What are the various car insurance options for my teenage son or daughter?
It’s quite expensive to buy car insurance for your teenage son or daughter. Since males under 25 are charged higher rates for car insurance than other age groups, you also need to choose the car insurance policy wisely. Under 25 age males are considered an extremely risky proposition as statistics have shown that they have the maximum number of accidents. Adding your teen’s name to your existing car insurance policy This is still an expensive proposition but it can still get you some discounts. Once your teen gets his or her permanent licence, add them to your existing car insurance policy. Some of the discounts that are offered by the car insurance policy include good student, minor child and safe driver. Getting the teen to buy their car If you have an expensive car, then it can be quite costly for you to add the teen to the existing car insurance policy. In that case, you can help your teen to buy his car. This will of course be a used car but a safe car for your teen. It’s importan
