Many insurance companies offer discounts to students who perform well acadically. The underlying rationale is that students who are responsible in one area of their lives are more likely to be responsible drivers. The article suggests parents should ask their insurance provider if they offer such discounts and what the eligibility criteria are.
Some insurance providers offer discounted premiums for teen drivers who have completed driver education courses. These courses provide young drivers with the knowledge and practical experience to drive more safely, thereby reducing their risk profile. Parents are advised to consider enrolling their teens in such courses not only for the cost savings but also for the enhanced safety benefits they offer.
By taking advantage of these strategies, parents can both reduce their insurance costs and ensure their teens are better prepared for the challenges of the road. Nevertheless, the article implies that insurance costs for teens will still be higher than for more experienced drivers due to their relatively higher risk.
The piece thus serves as a valuable resource for parents who are grappling with the dual challenge of ensuring their teenage children's safety on the road while managing the high costs of auto insurance. The author's advice to leverage good student discounts and driver education courses offers a practical solution to this often frustrating dilemma.