When a teenager is about to begin driving the family car, parents need to add that youngster onto the automotive insurance policy. Unfortunately, this inevitably leads to a significant rate hike because insurance underwriters view teenagers as high-risk drivers. Shopping around for Car Insurance in Conroe, TX at this point is a wise decision. That’s true even if the parents have had car insurance with the same carrier or agency for many years.
A married couple’s auto insurance rate rises an average of 71 percent in Texas when adding a teen driver to the policy, according to an article published in the San Antonio Business Journal in 2013. Although that figure is likely to startle most parents, it’s actually lower than the national average of 84 percent.
Parents don’t necessarily have to pay that high of a premium rate, however. When they obtain estimates for Car Insurance in Conroe, TX, they’ll find that carriers vary in their prices for insuring teen drivers. Some companies offer discounts for teens who have completed a formal driver training program, for example. Since teens who want to obtain a Texas driver’s license are required to complete this type of program first, that’s an advantage for parents seeking to find a good insurance rate.
An independent agency such as Metro Allied Insurance can provide quotes from numerous insurance carriers. Prospective customers can find out information about different types of insurance coverage available and additional costs for optional coverage, such as collision and comprehensive insurance. Liability automotive insurance is required by the state, as that covers the cost of injury and property damage that can occur in a vehicle accident. It won’t pay for property damage to the at-fault driver’s car, however. Collision insurance is necessary for that.
If a Texas resident is caught and convicted of driving without liability insurance, he is subject to a hefty fine and an annual surcharge in order to keep his driver’s license active. When this individual is a teenager, his parents typically are the ones footing the bill. Now they have to pay those costs in addition to the insurance premium. It’s best not to take the risk of allowing a teenager to drive without being covered on the policy.
