Should I Buy My Teen Driver A Car?
It’s usually cheaper not to add a third car when you’re adding a teen driver to a two-parent, two-car family, because insurers rightly assume the kid will drive less without his own car. (Even without a third car the average annual premium goes up 58% with a teen added, according to a recent Insurance.com study.)
The exception: If you and your spouse both drive new luxury cars with collision coverage, then you might reduce both premiums and family conflict by getting your kid a clunker without collision insurance. Warning: Some insurers charge as if the kid is driving the fanciest car in the garage, even if you swear he won’t. Call your agent to find out more about your California Auto Insurance and adding Teen Drivers to your policy!
Remland Insurance 636 E. Chapman Ave. Orange, CA 92866 (714) 532-3341
Photo Credit: www.YoungDriverInsuranceTips.com