Will My Premium Increase When I Add a Teen Driver to My Policy?


If your teenager just got his or her driver’s permit or license, you may be wondering whether your car insurance premium will go up when you add your child to your auto insurance policy. While a typical parent should anticipate having to pay more for car insurance when they add their teenager to their policy, it doesn’t mean you should pay more than you have to. Fortunately, you can use our tips to try to save some money when you add your teenager to your insurance.

Our first tip for you to save is to buy a pre-owned vehicle for your child instead of a new one. While you might be tempted to purchase a 2019 Nissan Altima, it’s often less costly to insure a pre-owned model than it is to insure a new vehicle.

In addition to buying a previously owned car, you should also contact your insurance carrier to see if you’re eligible for any available discounts related to your teenager. If your son or daughter gets respectable grades in school, you may qualify for a good student discount. Parents who have their teen sign a safe driver contract may also be eligible for a discount.

Many insurance companies have electronic devices you can install in your vehicle so they can monitor a driver’s behavior. If your insurer uses one of these devices, you may be able to get a discount on your auto insurance when you add your teen to your policy and install the device in your vehicle.

For more tips that can help you save, contact our Indianapolis, IN Nissan dealership. To find a Nissan vehicle for your teenager, visit Tom Wood Nissan today.

Categories: Finance, News