It’s always scary for parents when their kid reaches the age where they can drive. No matter how responsible your child is, letting them get behind the wheel of a fast and potentially dangerous machine is a little nerve-wracking.
However, there are a few things you can do to make sure that your kid is in the safest position possible:
It’s worth noting that you don’t need to have insurance for your teenager when they have their driver’s permit, though you should still inform your auto insurance company so they’re aware of the situation.
How to add a teenager to your car insurance policy
Get the teen's details. Adding a teen driver is the same as adding any other driver to your car insurance policy. Here is the information and documents you'll need:
Then, contact your insurance company or broker. Most auto insurance companies will usually let you alter your plan online.
To do so, visit the company’s website, login with your account information, and click a link that says "change plan" or "add driver."
Follow the instructions to add your teenage driver to your car insurance policy, and you’re all set.
If you’d rather not handle this online, or your auto insurance provider doesn’t have that option, simply call your insurance company. Let them know that you’d like to add a driver, and provide them with your teen driver’s information. They’ll have you all set up in no time.
How much does insurance go up after adding a teenager?
Teenagers are the most expensive demographic to insure because they’re inexperienced drivers and far more likely to get in an accident. Because of this, your insurance policy will increase a fair amount when you add a teen driver. Your increased rate will depend on a variety of factors, but rates usually increase by 170%.
That's a huge spike in your premium. However, keep in mind that this will be cheaper in the long run than having an entirely new policy for the teenage driver.
Can a teenager get their own car insurance policy?
Yes, a teenager can get their own separate car insurance policy. However, rates may be lower overall if they are added to an existing policy.