At Allsurance Group in Spartanburg, SC, we usually give our clients reasons why they should add their teenage drivers to their auto insurance policy. If you also have a teenage driver in your household, you may want to do the same because of the reasons given below.
1. It is mandatory
In South Carolina, it is mandatory for every driver to be insured regardless of their age because they’ll pose a serious risk to other road users if they are not insured. So, once your child starts taking his driving lessons, you should start making plans to add him to your policy.
2. It is more cost-effective
It will definitely cost you less than buying a separate insurance policy for him. Insurers believe that teenage drivers are riskier to insure. Furthermore, it has been established that auto accidents are the leading cause of death of teens within the age bracket of 15 and 19.
So, it will cost you a lot of money to purchase a separate policy for your son. You’ll be paying your premium and you’ll also pay the premium for your teenage driver. This could put a strain on your income. That’s why we feel that it will be cheaper for you to add him to your policy.
3. What happens if they are involved in an accident?
If your uninsured teenage driver crashes your car, injuring other motorists, and damaging his car, your insurer may not pay you a dime because you didn’t include him in your policy. In fact, they may accuse you of committing fraud. In such a situation, you may have to fix the third party’s car and foot his medical bills out of your pocket.
Remember, you still have to fix your own car and take care of your son if he’s injured. The point here is that a single crash from your uninsured teenage driver could plunge you into debt. Don’t let the high cost of insuring teenage drivers prevent you from adding your son to your policy. See us at Allsurance Group in Spartanburg, SC, and we’ll give you tips on how to reduce the cost.