Tips to Prevent Your Premium from Skyrocketing When You Add a Teen Driver to Your Insurance

February 19th, 2019 by

When they contact our Van Nuys, CA Mercedes-Benz dealership, some drivers express excitement about their teenagers recently having received their driver’s permit or license. While that’s often the case, motorists also tell us they’re concerned about how much their auto insurance premium will increase when they add a teen driver to their policy.

Unfortunately, it’s nearly inevitable for your premium to go up when you add a teenaged motorist to your policy. That doesn’t mean you should pay more to provide coverage for your child than you have to, however. Luckily, there are some things you can do to prevent your premium from skyrocketing when you put a teen driver on your car insurance.

One of the simplest things you can do to offset the unavoidable increase in your premium is to look for a pre-owned Mercedes-Benz car for sale like the ones we have at our location. Previously owned vehicles are typically less expensive to insure than new automobiles, which can help you offset the cost involved with adding your teenager to your insurance policy.

Unlike other discounts, many insurance companies don’t promote the discounts that might be available to parents who are adding a teenager to their car insurance so you need to ask about them. If your child is a good student, your teenager completed a driver safety program, or your child signed a safe driver contract, you may be eligible for a discount. If your child attends college more than 100 miles away from home and doesn’t have access to a car while at school, you might qualify for a distant driver discount.

What else can you do to keep your premium as low as possible when you add a teen driver to your auto insurance? Contact Keyes European Mercedes-Benz to find out!

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