When should I add my child to my car insurance

Like any automobile insurance, premiums are based on several factors. Gender, driving record, and prior liability limits all play a role in your insurance rate, but nothing has more of an impact on your insurance policy premium than adding a driver and, even more so, a youthful driver.

You should know a few things about adding your teenager to your policy. First, if your child has a learner’s Permit, they most likely do not need to be added to your policy. However, it would be best to inform your insurance carrier that your child is driving but has only a learner’s Permit. Once your child gets their Operators License, they must be added as licensed drivers in your household.

Remember that young males typically cost more to insure than females. Either way, you will see a distinct change in your premium. Some discounts are available to offset the cost of adding your teenager to your policy. All insurance companies are different, but most offer these introductory discounts.
The discount that typically offers the most savings is the “Good Student Discount” This applies to high school students with a 3.0 GPA or better. Good grades equal lower premiums.
If you have a teenager almost at driving age or will be getting their Operator License soon, talk to your agent about your options for minimizing cost and see what discounts are available. Knowing what’s in store will help you make the right decision.

Another discount is the “Trained Driver Discount” This discount is given when your child has taken a trained driver course, usually offered through the school. There are, however, other options for taking this course. This discount is not as much as the “Good Student Discount,” but the course is inexpensive and could save you up to 10% on your policy.

Most importantly, your teenager should avoid violations and accidents whenever possible, as most violations and accidents stay on your driving record for three years. As a result, your policy will also take a three-year hit.