Parents Are You Ready for a Good Dose of Insurance Sticker Shock?

The big day arrives at last, your teenage son or daughter passes their driving test with flying colors and the end of Mom and Dad’s taxi service is finally in site.

But wait there is only one small detail left, call the insurance agent to make sure your new driver is added to the car insurance policy just in case…

Several weeks later as you open your insurance invoice a look of unbelief crosses your face. Surely this bill can’t be right, it can’t cost that much money to insure my teenage driver can it?

Call 513-662-7000 for the Best Rates on Car Insurance for Teen Drivers in Cincinnati.

Car insurance for teenage drivers in Cincinnati is expensive. Some parents have found their premiums double or even tripple when adding a teen driver to their car policy. (If your rates have doubled click here)

The reason why rates are so expensive for teen drivers is due to the fact that younger drivers have a disproportionately higher percentage of accidents, compared to older drivers. For instance:

• Motor vehicle crashes are the leading cause of death for teenagers.
• 16 year-olds have higher crash rates than drivers of any other age.
• 16-year-olds are three times more likely to die in a motor vehicle crash than the average of all drivers.

What these statistics mean to you is a big fat rate increase from your insurance company when you add your teen driver to your car insurance policy.

However there are certain steps that you can take to limit massive premium increases and we will discuss those in future articles.

Are you looking for the best rates on insurance for Teenage Drivers in Cincinnati?

Call 513-662-7000 to speak with the insurance professionals, or click here to receive an online insurance quote in all 50 states.

Did you know that some of the largest insurance companies would prefer not to insure your teenage driver in Cincinnati?  

It’s true.

They will give you a price and insure your son or daughter but what you may end up paying could be double or even triple what other companies are willing to charge for the exact same coverage!

Teen drivers account for a large number of accidents and fatalities and insurance companies compared to older more experienced drivers. 

Because of this fact some companies will increase insurance rates significantly when you add a young driver to your policy!

Sticker Shock for Parents of Teenage Drivers!

If you already have a teen driver on your policy you are already paying significantly more for car insurance. If your son or daughter is close to obtaining their license, prepare yourself for car insurance sticker shock.

What Step Can You Take to Find the Best Insurance For Teenage Drivers in Cincinnati?

Tip – The first step you should take is to obtain rate quotes from multiple car insurance companies. Car insurance rates can fluctuate by as much as three hundred percent for teenage drivers.   In other words one company may want to charge you three times more money compared to another insurance company to insure a young driver.

In our agency we have saved some parents over two thousand dollars a year compared to what their previous insurance company charged them.

Unless you invest time to obtain car insurance rate quotes from other companies, it’s impossible for you to determine whether or not you are getting a good deal or if you’re being ripped off by the insurance company.

As an agency we can provide quotes from top rated companies in your area to help you save money on your car insurance.

Click here to receive an instant online car insurance quote from top companies in your area.

What Is the Second Step to Keep Premiums Low for Teenage Drivers in Cincinnati?

Pick the most insurance friendly car for your teen driver. If you must buy a car for your son or daughter buy a four door, four cylinder low profile vehicle that doesn’t need full coverage.

Also make sure that you are getting all of the discounts you are entitled to including the good student discount for teenage drivers, drivers education, and the away at school discount for college age drivers if you qualify.

More helpful tips for teenage drivers can be found on our blog that show the best way to get the lowest prices on car insurance when you have teenage drivers on your policy.

Why Make Fat Cat Insurance Executives Rich By Overpaying On Your Car Insurance When You Have Teenage Drivers On Your Policy?

Click here if you want to save hundreds, and possibly thousands of dollars from insurance companies who are willing to give you the lowest car insurance rates in Cincinnati for your teenage son or daughter.