When my oldest son got his permit we started talking to our insurance agent about how much it was going to cost when it was time to add him to our insurance. Our insurance was already pretty high and when they told us it would double, well we started looking around for ways to save.
We talked to two different insurance brokers who told us the insurance company we’ve had for years is one of the most expensive ones out there if not the most expensive one. So we got a few quotes through the broker and did some on our own and found out that almost any one we went with was going to be cheaper. But there were a few that gave better rates for new drivers.
By just doing that we were able to save $1000 when adding our oldest son to our policy. We’re now paying as much with my 16 year old son added to our policy as we were with my my husband and I with the old company!
Find out what else you can do to save money on insurance with a new teen driver in the post I wrote for Quigley car dealership: New Teen Driver Insurance