[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1520457905362{padding-right: 50px !important;padding-left: 50px !important;}” z_index=””][vc_column][vc_column_text]Becoming a new driver can be a very exciting time in your teen’s life and one of mixed emotions for you. Whether you are looking to purchase a car for your teen or they will be driving the family vehicle, there are a number of possibilities to consider when exploring insurance options.
Consider working with an Insurance Broker
When looking to purchase insurance for your new driver, consider obtaining a few quotes from various insurance providers or working with an Insurance Broker who can “shop around” on your behalf. Weigh your requirements in terms of premiums, deductible, coverage and whether your new driver will be an occasional driver on your family vehicle or a primary driver on their own vehicle. Taking the time to explore these options will ensure you choose a policy that is best suited to your unique situation and needs.
New Drivers Education Course
Investing in a provincially approved new driver’s education course can result in a reduced insurance premium for your new driver. In addition to preparing your new driver and assisting them in building driver confidence, these courses typically result in insurance savings that generally cover the cost of the driving course in the first year,
Driving Apps and Device
New technology has recently entered the Alberta vehicle insurance market, with various options including driving apps and devices. These driving apps and devices can track various driving habits, such as excessive speed, hard braking, distance driven and time of day and ultimately allow the insurance companies to utilize this data to potentially award those that practice safe driving habits with a reduction on their insurance.
Age Matters
Insurance premiums are higher for drivers under the age of 25. New drivers are learning how to be responsible drivers and cultivating safe driving habits in all weather and on all road conditions. Once your child turns 25, there are generally discounts in premium rates available.
Vehicle Choice
Your new driver might be looking to purchase their own vehicle. Before buying, discuss vehicle options with your Insurance Broker who can advise you on vehicle safety and theft ratings which ultimately may affect your new driver’s insurance premium.
Returning Students
Should your new driver be attending College or University out of town and only driving in the summer months while at home, discounts may be provided based on usage.
There are a number of discount options that may be available to your new driver. Taking the time to explore these can assist in providing your new driver with a discounted premium.
Do you have questions about this article or about car insurance in general?
Contact Rizk Insurance today and we’ll help answer any inquiries you may have.
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