Insuring your teen driver
You probably already assume that it will be expensive to insure your teenage driver. But adding a young driver to your insurance can easily double what you are paying now. Considering that half of all teens will be involved in an accident before graduating from high school according to the National Safety Council it is no wonder why. When it comes to insurance for your young driver it is the perfect time to have your insurance policies reviewed. While some companies are extremely competitive for Adults, or Married couples they may not be in the market or offer a competitive rate for young drivers at all. The most important thing is to make sure your teen is a listed driver on your policy if they live in your household or have regular access to your car. It is also extremely important to review your liability limits on your policy as well as consider a personal umbrella policy if you do not have one already.
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