How To Do Just About Everything

Now in the UK! en-US

How to Buy Car Insurance for Teenagers

Rate:

(0 Ratings)

Post a Comment

Add to Playlist |

I Did This

Part of the video series: Car Insurance

How to Find the Right Auto Insurance
Find the right auto insurance policy for personal needs by sitting down with a local agent and discussing … More
How Does Auto Insurance Work?
… More
Understanding Kit Car Insurance
Many companies don't have kit car insurance because there isn't a set number for what kit cars are worth. … More
How Does an Auto Insurance Settlement Work?
… More
About Budget Car Insurance
With rising costs and job cuts, people are looking for ways to save on monthly bills. One payment you migh… More
How to Alert an Insurance Company About a Stolen Car
Alert an insurance company about a stolen car by immediately calling the toll-free company number and the … More
How to Buy Non-Owner's Car Insurance
Buying non-owner's car insurance is usually required by the state in order to show proof of public liabili… More
How to Get Car Insurance While Visiting US on a Visa
Before getting car insurance on a U.S. visa, first obtain an international driver's license from the home … More
How to Find Out if a Driver Has Auto Insurance
Liability auto insurance is required for licensed drivers in the United States, yet some drivers choose to… More
How to Cancel Car Insurance
To cancel car insurance after selling a vehicle, call your insurance agent. To avoid surprise claims on yo… More
How to Buy Car Insurance for Teenagers
Car insurance for teenagers can be very expensive because of the risk and exposure associated with this ag… More
How to Understand an Auto Insurance Policy
Auto insurance policies can be difficult to understand, and the best solution is to call an insurance agen… More

Summary: Car insurance for teenagers can be very expensive because of the risk and exposure associated with this age group. Parents can include teenagers on their car insurance policies or let their children pay for separate policies. Find out more about the options for purchasing auto insurance for teens in this free video on financial planning from a licensed insurance agent.

Views:: 153

Presenter

By James Burrows
eHow Presenter

James Burrows owns the full-service insurance agency The Resurgence Group, which specializes in health insurance, property and casualty, annuities, life insurance and auto insurance....read more

URL:

Embed:

Video Transcript

"You've got a teenager that wants to drive your car. What are you going to do about insuring that individual? Well there's different ways, and the best way is to get that teenager their own policy. You want to do that because of the exposure and the risk associated with a teenager. It's one of the highest risk categories for accidents these days. So if they can afford it, I would suggest getting that child to pay for their own car insurance, and they will have a lot more respect for the road when they get the bill. Or, as the parents, you could put them on your policy. A lot of folks do that, but it's also very expensive. So if you're trying to give a little bit of responsibilty to your child, I strongly suggest that they get a stand alone policy with a vehicle of their own, and let them pay the bill, other wise you can take out what's called an umbrella policy, and that will cover you on top of your limits, so that even if the child has an accident, at least you've got coverage above and beyond the existing limits. So again, I'm James, I'm an insurance agent, and I'm hoping that I could be of some help when it comes to making a decision as far as buying that car insurance."

eHow Article: How to Buy Car Insurance for Teenagers