Every parent dread the day their child starts driving. As if it’s not scary enough worrying about your teen driver, you also have to add your child to your insurance policy only to search for rates to skyrocket because they are inexperienced. However, this doesn’t have to be such a complex process. Knowing the legal questions and the proper answers could assign you hundreds of dollars a year on your auto insurance policy.
It would help if you prepared before you speak to an insurance agent about adding a teen driver to your policy.
The first thing to remember is that your auto insurance representative isn’t a mean, defective person who wants all of your money. They are required to rate your auto policy properly for its risk. When you call to add a youthful driver, you need to have your answers and questions prepared ahead of time because often, your insurance agent or representative isn’t allowed to order things like what car to rate your child on to affect more money. They must place your child in whatever car they drive most of the time. You also don’t want to provide answers like, “they won’t be driving” or “I don’t know” because not being specific could cost you more money.
Select the car properly
Before calling your Amigo insurance agent and trying to get a low down payment car insurance, you need to read through the auto policy. You need to review it to choose which car will be the cheapest and the most expensive. The trick is that we aren’t going to be looking at the unique pricing of the vehicles but instead the rating of the cars. You want to peek at what’s called the vehicle symbol. These symbols are numbers that the auto industry uses to rate each vehicle type. They then provide them to the insurance companies to abet the insurance companies rate their policies properly.
Once you win the symbol, determining what it means is simple—the lower the number, the cheaper the cost of your insurance on that vehicle. Determine the car with the lowest number, and that will be the reply when your auto insurance agent asks, “what vehicle will your child be driving?” Remember, if you have the same number of vehicles that you do drivers, then each person will have to be assigned to a car as a valuable driver.
That’s why knowing which vehicle has the lowest rating is well-known. You need to attach the person with the highest risk (your teenage driver) to this vehicle. If you have fewer vehicles than drivers, it’s a tiny bit easier. Your teen driver will then be considered an “occasional” driver, but you unruffled want them to be rated on the vehicle with the lowest symbol.
Depending on your family’s needs, you can also stare at the age of the vehicles. If any cars are venerable enough to carry liability-only, you should be sure they only have liability coverage. This is the only exception to the “symbol” rating process above. Suppose you have a vehicle with superior liability coverage, but its symbol is higher than a fully covered car.
In that case, you will gain distinct that your child is rated on the vehicle with minimal coverage. The reason for this is that while it may be a higher-rated vehicle for a youthful driver, the comprehensive and collision coverage are the most expensive allotment of the policy. That means if you have a car that’s not fully covered, that’s the one you will want to rate your highest risk driver on.
Check all the discounts you may qualify for
You also need to review all of the discounts on your policy. Your child may qualify for multiple values. Even though each insurance company has different deals and varies by region, you should be looking for a driver’s training discount or a salubrious student discount. You also want to ensure that you ask if there are any discounts other drivers on your policy could be taking advantage of. There may be things like a defensive driving course you may be able to lift that will give you an additional discount.