Many drivers are concerned about the cost of insuring a beginner driver, new driver pricing varies significantly depending on a number of factors, these drivers can take several measures to reduce the price.
Things to Consider:
Though adding a new driver to an insurance policy will almost certainly cause a significant increase in the insurance premium, parents and drivers can take some measures to minimize the impact. We recommends shopping around for rates, as some companies offer lower rates for new drivers and others use pricing schemes that automatically assign the most expensive driver to the most expensive vehicle on the policy and some companies offer different discounts such as;
We also recommend that new drivers carry the highest affordable deductible to reduce premium payments.
Don Westerfeld has been active in the field of Insurance and Financial Planning since 1997. Don grew up in Indiana later moving to Lakeland Florida where he continues to reside with his wife and children. When he’s not in the office you can find him enjoying the great outdoors. He has served on several charitable business and non-profit organizations and continues to provide guidance, advice and support to local charities.
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