Teenage Car Insurance
Teenage Car Insurance is quite an issue. Any car insurance for minors or young adults with less than 6 years driving experience is going to be fairly expensive. Especially in the first couple of years licensed. If you have a child who is getting their license you must let your insurance company know about it. If there are three cars and three drivers your child will be listed as one of the primary drivers on a vehicle which increases the rates. If there are two adults and two vehicles, most insurers will allow the adults to be listed as primary drivers. If your insurer insists on listing the child as a primary driver it will have a big impact on rates. So consider shopping around. How to Save on Car Insurance for Under 18 Years of Age - Shop around. Here’s how: Car Insurance Quotes in Canada
- Insure all vehicles on one policy for a multi-vehicle discount
- Insure your home and auto with the same company for the multi line discount
- New drivers should get driver training – most insurance company’s offer a driver training discount if a certificate is provided
- New drivers need to drive VERY carefully to build a clean record up over the first five – six years licensed
- Pay attention to policy date and birth date. If there is a change of age within six months it might be worthwhile going with a six month policy
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Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. Make sure you review the "please read" page. |
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