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Teenage Drivers and Car Insurance

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					Teenage drivers can encounter unique situations when it comes to the cost
of car insurance. This article is intended to provide helpful advice for
determining what car insurance is best for your teen.Adult drivers are
acclimated to the varied criterion, including the vehicle type and
driver's driving record, that automobile insurance companies utilize in
order to determine an insurance rate. Car insurance for teenage drivers
costs more as teens have just started driving and are, therefore, more
likely to get into car accidents, leaving the insurance company liable
for damages.The importance of a teen driver's age cannot be overstated
when figuring out what insurance is right for them. This is because most
teenagers under age 18 cannot legally execute a contract. Given that car
insurance is indeed a contract, most teens will be unable to sign for
their own coverage. If you have a teenager who has a learner's permit,
your insurance company can tell you if your teen needs to be insured on
your policy. There are a number of states that do not require additional
insurance for teens under 18 who possess only a learner's permit.Though
rare, there are specific circumstances in which teenagers under 18 can
legally sign a contract. The most common circumstance surrounding this
possibility is that a teen is an emancipated minor who has gained adult
privileges. In the event of these circumstances, a teenager under 18 will
be legally allowed to purchase and sign a car insurance contract.It is
important to note that even if a teen is engaging in hazardous behaviors
behind the wheel, a parent cannot have a teen driver's license revoked.
If a teenager has been licensed, their parents' only course of action to
attempt to stop hazardous behaviors is to stop paying for the teen's
automobile coverage. If the parents choose to halt a teen's auto
coverage, however, they are then risking their child facing legal issues
for being an uninsured driver. Instead of cutting off automobile
coverage, parents can simply have their child wait until age 18 to get a
driver's license, allowing the teen to legally obtain their own
coverage.If you have a child over age 18 and still wish to carry them on
your own insurance, you are typically able to, provided you own the car
they will be driving. It is not as simple to carry a person on your
insurance when you do not own the vehicle. If, for example, parents wish
to pay for the car insurance of a child over 18 who owns his or her own
vehicle, it is simpler to privately give the child the money.The older a
driver gets, the lower their insurance rates will typically drop. There
are methods other than waiting for a teen's rates to drop that can allow
parents to save money on car insurance. Parents can often save by
choosing an insurance company that offers reduced rates for teens who
maintain high grades. Another option to reduce a teen's insurance rate is
to have the child take a defensive driving course. It is not guaranteed
that an insurance company will drop rates for completing one of these
courses, and they are not available everywhere.Checking with your gap
insurance company is the best way to ascertain if a defensive driving
course is an option for your family.For every driver, teenagers included,
learning the ropes of the low cost car insurance industry is a
necessity.Utilize the above advice to select a reasonable automobile
policy for teens.

				
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