Teens and Auto Insurance
Watching your teenager drive off for the first time after they get their driver’s license can easily make you very nervous as a parent. You may also be shocked when it comes time to pay your auto insurance premium. Since teens are considered high risk drivers, they have some of the highest car insurance rates. If you are looking for the best way to keep your teen driver protected without emptying your bank account, keep these considerations in mind.
- Know when to add your teen to your policy – depending on your insurance company, your current auto insurance coverage may provide enough protection while your teen has their permit. You may only have to specifically add them to your policy once they pass their driver’s test. If you can, you may want to hold off as long as possible to add your auto insurance policy to help keep your rates low.
- Know what to do if you forgot – different insurance companies will automatically add your teen to your auto insurance policy when they get their license, which means that they will be covered if they have an accident. To ensure that you are safe and your claims will not be denied, make sure to call your insurance agent as soon as your teenager gets their license.
- Consider their own policy – instead of adding your teen to your existing policy, you have the option to put them on their own policy. While this will keep the cost of your coverage low, it will make their policy very expensive since they cannot take advantage of any of the discounts that you have. Ask your insurance agent what the rates will be with both options to decide which is best for you.
Contact the Insurance Agency of Dean Davis in Austin, Texas for all for all of your auto insurance needs for your teen driver.
We all know that getting a speeding ticket can be expensive, but many motorists forget the insurance implications of receiving a ticket. Since you have proven to be a risk taker by speeding, insurance companies will raise your insurance rates in order to provide you with sufficient coverage. If you think about it, those who have a tendency to speed are more likely to get in car accidents. Therefore, it only makes sense that you would pay more for auto insurance.
How long your speeding ticket stays on your record and continues to influence your auto insurance premium is dependent upon your particular state’s rules. Your speeding ticket can stay on your record anywhere from one year to three years. Depending on how fast you were going to receive the speeding ticket, the violation may stay on your record even when the points are removed. Therefore, insurance companies can see your reckless driving habits even a few years from now.
Many drivers are given the opportunity to take a defensive driving course or traffic school to remove the speeding ticket from their record. This option is typically only offered after a motorists’ first offense. If you are given the option, it is highly recommended that you take a defensive driving course. This course will not only clean up your driving record, but it will also reintroduce very important driving habits that may make you an overall better driver.
To avoid escalated insurance rates and paying the fines of a speeding ticket, simply refrain from speeding. When you speed, you put both yourself and others at risk for serious harm.
You deserve a comprehensive auto insurance policy that will offer you sufficient protection on the road. Contact the Insurance Agency of Dean Davis for all of your Austin, Texas auto insurance needs. We can help you receive discounts that will lessen the effects of a speeding ticket on your insurance premium.