For your teen, learning how to drive is one of the most exciting times of their lives. Finally, a means to freedom so they think. We all remember the excitement of getting our driver’s permit, then our driver’s license. While your teen driving has its benefits, it also comes with a great amount of responsibility. Reminding your child that driving is a privilege and not a right can help them to remain in control and not distracted while driving.
For you, it is important to understand when to add your teen driver to your insurance policy. While each state requirements vary, in most cases your auto insurance policy will cover your permitted driver until they acquire their driver’s license. At that point, you’ll want to add them as a driver to the insurance policy even if they do not have their own vehicle.
Avoiding adding your teen driver to the policy is not only against your insurance policy language, but can lead to a dreaded claims denial if your teen is involved in an accident and it is determined you purposefully avoided adding them. Be sure to contact your agent to discuss your options and determine when the best time to add the driver to your policy is.
Some things to keep in mind:
- Some carriers offer Good Student Discounts if your student keeps their grades up.
- If your teen child is doing delivery as a job such as pizza delivery or newspapers, this requires a special commercial policy.
- Even if your rates go up because your child is on your insurance policy, if they have their own vehicle this could net you a multi-vehicle discount on your policy.
- Having your teen on their own policy will likely lead to higher premiums.
Keeping your teen safe on the road is your number one priority. Keeping your family insured with the right coverage is ours. If you have a teen driver in the household, be sure to contact our agency to discuss what options might be right for your situation.
If you have questions about your auto insurance, call the insurance agents at A. Jay Meier & Associates. Established in 1972, A Jay Meier & Associates helps you evaluate your insurance, educate you on your coverage and communicate with you throughout the time you have insurance through their St. Louis, MO office. Because we are a financial representative as well as insurance broker, we can help you with anything from your auto and home insurance to your annuities and life insurance. Check out our insurance website 24/7 and request to speak to an agent.