When teenagers receive their learner's permits, they usually feel a sense of pride and excitement. After all, a learner's permit is one step away from getting a driver's license. As a parent, you might wonder when to contact your insurance company to add your child to your policy. Do you need to do this when they get their permit, or should you wait until they get their driver's license? Here is some information to help you decide.
Call Your Insurance Company
If you already have auto insurance, contact your insurance company to ask them if you need coverage for your teen. They will likely tell you one of two things. First, they might tell you that you do not need to add your teen when they get a learner's permit. Some states and insurance companies do not require coverage with a learner's permit. Second, they might tell you to add your teen now, as some states might require coverage. The answer depends on your state and the laws it has about teen drivers.
Ask About Discounts
If you need to add your teen now, you can ask about discounts. If you do not need to add your teen until they get a driver's license, you can still ask about discounts now or later. Discounts are vital for teen drivers, as they can cost the highest rates for auto insurance coverage.
You might qualify for several teen-driver discounts if you ask. First, you can receive a discount on their insurance coverage if they get good grades. Every insurance company has standards related to good grades, so you might need to ask what they consider good grades. Secondly, they might offer a discount to your teen if they complete a driver's education course. Driver's education classes teach teens how to safely drive, and it also allows them to get their driver's license sooner than if they do not complete a course. Your agent might be able to recommend other discounts, too.
Encourage Safe Driving Habits
As a parent, you can control the costs of insuring your teen by encouraging safe driving habits. At first, you might want to set limits about where your teen can drive to and from. You might also want to set a curfew. If your teen breaks the rules, establishing and enforcing consequences can help.
If you have questions about insuring your teen driver, contact an auto insurance provider.