Reader’s Question:
I’m about to get my one and only teenage son his first car. I’m not so familiar when it comes to adding a teenage driver under my auto insurance. What are the factors that will affect my insurance rate in Portland, ME?
Georgina
Portland, ME
Getting a teenage driver under your auto insurance policy would surely affect you rate to go up. Teenage drivers are generally considered high risked drivers. And according to studies, vehicular accident is one of the major causes of death for the age group of 16 to 19. But, there are still several factors that affect auto insurance rates, aside from just having a teenager under your insurance’s name:
1. Your son’s grade in school. Students with an average of B or better, often get discount.
2. You son’s driving experience. If he has taken special driving courses like enrolled in a defensive driving school, usually auto insurance companies offer discount for those who has taken such classes.
3. The model of your son’ car. Although it’s tempting to give your one and only son a fancy sports car, I would not suggest you do that. Expensive cars are more expensive to be insured.
4. Your son’s driving mileage. More driving miles means higher rate. So, make sure you’re son will burn some fats and start walking whenever possible.
One of the basic things I would always tell to parents, who have teenage drivers, is just to set an example on how to be responsible drivers. The first time I’ve added my daughter’s name under my insurance, it sure did increase my premium. But she is responsible enough to maintain clean driving record and over time my premium went down.
Also, always consult websites for available insurance quotes in Portland, ME. That is also one great way to compare quotes and save more on your premiums.
Tags: auto insurance, teen insurance, Young driver car insurance
