How Young Can a 17-Year-Old Get Car Insurance?
Q: Can a 17-year-old get car insurance? I am looking for insurance for my son, who turns 17 in 2 months. Does he already have auto insurance or do I have to buy it? Thank you.
A: We are glad you are asking about car insurance for teenagers because there are some things parents need to be made aware of when it comes to insuring their teenagers. Insurance for teens is usually referred to as teen auto insurance or teen car insurance. The fact is, not all insurance companies believe it is a good idea to insure teenagers. There are a lot of risks involved with giving your child a car without insurance. One of those risks is that the car may be involved in a minor fender bender. Should the teenager be injured in such a crash, the parents will need to foot the bill for any medical expenses and if there is a wreck to the car, then the parents will be responsible for replacing the vehicle.
Some companies actually have a grace period before they start charging premiums. This is when you can go on the internet and shop around for a lower rate. During this grace period, you can still negotiate with the insurance company and try to get the best rate. After this grace period, the rates go back up to what they were. It's important to shop around and ask lots of questions when considering car insurance for your teenager.
Insureinfoq to keep in mind is that many teenagers will cancel their insurance because they get into an accident. If your teenager is planning on driving around after their insurance has expired, you may want to reconsider the policy. Since the insurance company will not renew a policy if the driver does not have insurance, the only option left open is to cancel the policy and let them drive their own car.
Before getting a quote, ask the insurance company for quotes from other companies. It's important that you compare all car insurance policies. Each company will base their quotes on their own set of factors. Make sure you understand how they arrive at their rates.
The best thing to do if you are worried about teenagers driving their cars without car insurance is to remind them why they have it. Most teenagers would agree that having car insurance is important. However, most teenagers would never think twice about getting their friends or family members to drive their cars. Studies have shown that drivers under the age of 25 years have caused more fatal accidents than older drivers. Statistics show that younger drivers are more likely to be involved in accidents, which usually results in higher premiums for parents.
The best way to get car insurance for your child is to entrust him or her with a trusted driver. You can always purchase additional coverage for younger drivers. The price per month varies depending on the type of coverage you choose. Some companies will give discounts for teenage drivers who already have car insurance. Talk to a representative at your local insurance agency to find out if they offer such a discount.
The age limit on getting a car insurance quote depends on your specific situation. If your teen is in high school or has just started driving, then he or she probably won't need the same kind of coverage that older drivers need. However, it is important to remember that if your child does become a more responsible driver, his or her car insurance may still cover him or her.