One of the most common questions we get is "How can I save money on my insurance premiums?". This questions is especially relevant to parents of newly licensed drivers. The cost to insure a teen driver can sometimes be an eye-opening experience. There are, however, ways to make sure that you're maximizing your savings opportunities at every turn.
Talk with your agent about discounts for honor roll students. Many insurance policies will give a discount for students who maintain a "B" average or higher on their high school or college reports. Additionally, if you have a college student away at school a great distance away from your home, speak with your agent about potential discounts for this, as well. Finally, discuss with your agent what types of safety and education courses allow for discounts on your policy as well.
Remember, making sure that your teenager is insured on your policy can potentially save thousands in a claim situation. Making sure you're taking advantage of any available discounts can make actually insuring them a more affordable proposition as well!
Monday, September 26, 2011
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