Teen Driver Alert: California Auto Insurance
Teenagers count down to the day they can have their freedom and drive! Many parents also look forward to the day they don’t have to be the taxi driver anymore! But, have you stopped to count the cost of having a teenage driver added to your California auto insurance?
It’s usually less expensive to add your teenager as a driver to a two-parent, two-car family, because most insurance companies assume the teenager will drive a family car less than if they had their own car. Having a teenage driver raises annual auto insurance premiums by up to 58%. Buying a third car for your teenager will just add that much more to your bottom-line premium.
There is an exception: If you and your spouse both drive new luxury cars with collision coverage, then you might be better off buying your teenager a clunker without collision insurance. Warning: However, some auto insurance companies may charge as if the teenager was driving the fanciest car in the garage, even if you swear they won’t. Make sure and call your California auto insurance agent to find out the best way to insure your teenage driver. For more information or so speak with one of our agents, call Remland Insurance today at 714)532-3341