Teenage drivers are a different kind of driver than adults, and as such, there are special considerations to take into account when evaluating which car insurance carrier is best for them. Teen drivers often lack experience and knowledge of safe driving techniques, which can make them a higher risk to insure than adults. Therefore, it is important for parents to find an appropriate car insurance provider for their teen drivers that offers competitive rates, adequate coverage, and includes certain benefits specifically beneficial to teenage drivers.
Two of the biggest companies that offer car insurance policies specifically geared toward teenage drivers are Allstate and GEICO. Allstate has been providing insurance in the United States for over 85 years and is one of the largest providers of car insurance in the country. Since the company began offering policies to teenager drivers in 1983, Allstate has developed a wide range of coverage options to meet the needs of teen drivers. These include higher limits on medical coverage to protect their young passengers, as well as discounts for things like good grades, driver education programs, and driver monitoring technology.
GEICO is another major car insurance carrier that offers special car insurance policies for teenage drivers. GEICO’s teenage car insurance policy offers coverage that can include collision and comprehensive coverage, bodily injury and property damage liability, and even uninsured/underinsured motorist coverage. GEICO’s policy also offers safety features such as accident forgiveness, roadside assistance, and a teen driving safety program. GEICO also provides discounts for good grades and enrolling in driver education courses.
When searching for the best car insurance for teenage drivers, parents need to take an in-depth look at the coverage options, benefits, and discounts available from each carrier. Each carrier’s policies and discounts may vary, so it is best to do ample research and compare all of the available options before making a decision on the best car insurance company for your teen driver. In addition, parents should talk to their teen driver about the importance of safe driving practices and the need for adequate coverage.
While Allstate and GEICO are two of the largest car insurance carriers that offer policies specifically catering to teenage drivers, there are other options available as well. Liberty Mutual, Esurance, State Farm, and Progressive are just a few of the other major players in the car insurance market that also offer specific policies for young drivers. As with any car insurance policy, it is essential to read through the fine print and understand what each carrier is offering before making a decision. Knowing what to expect from each policy can help parents make an informed decision about which company has the best car insurance for the teenage driver in their family.
Coverage Requirements
When selecting car insurance for a teenage driver, it is important to understand the state’s minimum requirements for auto insurance coverage. Each state has different car insurance coverage requirements, so understanding what is legally required in the respective state is key to ensuring the best coverage for your teen.
Additionally, parents should pay particular attention to the coverage limits, as legal requirements are often the bare minimum amount of coverage necessary to operate a vehicle legally. Making sure their teen driver has adequate coverage to protect not only their own car, but also any property or people they may come into contact with, is extremely important.
Discounts
In addition to the coverage limits, it is important to consider the potential discounts that are available from each company. Many car insurance companies offer discounts for teenage drivers for a variety of reasons, including good grades, defensive driving courses, and enrollment in a driver monitoring program. Furthermore, there may be special discounts available to parents who insure more than one vehicle with the same insurer. Understanding all of the potential discounts can help ensure that parents get the best rate when choosing a car insurance policy for their teenage driver.
Tools & Technology
In addition to discounts, parents should consider the types of tools and technological features offered by each car insurance carrier. Many companies today offer online tools to track your teen’s driving habits, as well as smartphone apps that can help you keep an eye on their driving and alert you to any suspicious or unsafe behaviors.
Having access to this kind of data can be extremely helpful when it comes to evaluating the best car insurance for your teenager. Furthermore, some of these tools and features can also offer discounts and help keep your teenager’s premiums lower in the long run.
Customer Service
Finally, it is also important to assess the customer service offered by each car insurance company. While it is certainly possible to find a satisfactory policy online, having the peace of mind that comes with knowing there is a real person to talk to if you have questions or an issue arises is often invaluable. Checking to see what customer service offerings the different companies have is a must before signing up for a car insurance policy.
