Having a teen driver on the road can be a stressful time. One of the major concerns of most parents and guardians is providing the right type and amount of insurance protection for both the teen driver and themselves. One of the top concerns with auto insurance for teens is whether it will increase premiums for an established driver.
Does Having a Teen Driver Increase Auto Insurance Premiums?
In most instances, having a new teen driver added to an existing policy can increase the premium significantly. This is because teen drivers have a much higher risk of accidents and other insurance claims as opposed to established, mature drivers. Before adding a teen driver, it is essential to discuss the implications with an insurance agent. Be sure to understand the impact of premiums as well as coverage options before adding them or purchasing a different policy.
Consult an Agent First
The first step towards getting the right amount of protection for a teen driver is to find a reputable insurance agency with agents who can work directly with the policyholder to discuss impacts on either new or existing coverage. They can explain what the terms and conditions in the policy are in detail and help decide if there should be an alternate option depending on the individual situation. Don’t guess when it comes to protecting a teen driver. Get coverage that is going to provide peace of mind and convenience that Main Street Independent Insurance can provide for the residents of Ft. Worth, TX.
Whether you are in Colorado or Texas, our agents can help. Call or stop by Main Street Independent Insurance in Ft. Worth, TX. Agents are ready to assist those who have questions or need assistance with a policy purchase or amendment.