When your Highland Village, TX teenager becomes old enough to drive, you need to add them as family on your policy before letting them practice driving. As soon as they get behind the wheel, the insurance company should handle the settlement if they cause an accident, not you. Thompson Insurance Services wants to help you understand the best ways to insure your teen for driving.

Teens Cost More to Insure

Prepare yourself because it costs more to insure teens than it does adults. Teens are newer drivers with less experience on the road.

Why?

Any accident your child causes, you want the insurance company to pay for it. If they make a common mistake and run into the mailbox, garage door, or back of the garage, you’ll need extended coverage, like comprehensive coverage, to pay for it.

Their Policy vs. the Family Policy

If your teen buys their own vehicle, you will need to insure them separately. If they purchase a used car, choose the state minimums, but if they purchase a new or nearly new vehicle, insure it with full coverage. If they will drive a family car, you can add them to your insurance policy, and they can typically remain on it until they leave for college.

Reducing Costs

Your teen has a few options for bringing down the cost of their insurance. They can take a defensive driving course to earn one typical discount. Some underwriters also allow the insurer to offer a discount for good grades. That 4.0 can translate to dollars saved, so make sure your child hits the books.

Contact Thompson Insurance Services

Let Thompson Insurance Services help you find the best solution to insuring your teen driver. We help Highland Village, TX families afford the coverage they need to protect their financial investment.