Car Insurance Help Las Vegas Nevada NV
Reader’s Question:
My teenage daughter just started driving in Las Vegas, Nevada. We have bought her a car and are now planning to add her to our existing insurance policy. Will this dramatically increase our premiums?
Diana
Las Vegas, NV
There are 5 main factors that can help keep your premium to a bare minimum after adding your teen to your policy.
1. Good grades: Teens who maintain an average of B or better do receive up to 25% discounts on their insurance from most providers. This is an excellent incentive for your daughter; just tell her she gotta do B or better or her driving privileges might be revoked!
2. Your premium is going to increase when you add a teen driver to your policy, but that increase is mere pennies compared to what it could become if your teen were to get involved in an accident or even a minor violation like running a red light or speeding. A clean driving record will not only keep insurance costs at bay but will also give you peace of mind when your child is behind the wheels.
3. Lower your deductibles! This way significant savings can be made on your insurance. All drivers on the policy must then be even more careful not to be involved in accidents as the deductible is the amount you will be paying before the insurance provider covers the rest of the damage. Make sure you let your daughter know that accidents are now less affordable. However, if you are sure you can avoid accidents, lowering your deductibles can save you a lot of money.
4. Remember that newer cars are more expensive to insure, no matter how tempting it might be to buy your teen a new car with all the latest safety features. Most insurance companies let you assign drivers to specific cars. If your provider allows you to do so, assign and make your teen drive the oldest car on the policy. Furthermore, while your child is still registered as a teen driver on the policy and your premiums are high, you and any other drivers on your policy should not consider buying new cars.
Lastly, make sure you review your policy at least once a year to make sure all the information is up-to-date. The rates of your car insurance in Las Vegas, Nevada are sure to decrease when your child graduates from high school or turns 18 and you might even opt to remove them from the policy if they go off to college and do not drive at all while there.
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