Earning a driver’s license is a milestone in the lives of most teens, offering the freedom to drive independently rather than relying on others. However, this freedom comes at a cost, as auto insurance for teens can be expensive. Nevertheless, several strategies can help lower your insurance costs, depending on your circumstances. If you need assistance selecting the best auto insurance coverage for your family, contact the Lakefront Insurance Agency, serving the Osage City, KS, area.

Save Money with a Family Plan

Your auto insurance premiums depend on your family’s driving and accident history, the vehicles in the household, each driver’s age and other characteristics, credit history, and other factors. Below are strategies to reduce auto insurance costs for families, especially those with teens.

Bundle

Families can save money with a family insurance plan that includes multiple vehicles and drivers on the same policy. You can also save money by using the same insurer for your home, auto, and other insurance needs.

Loyalty or Shop Around

While shopping around may save money, insurers also offer discounts to loyal customers. Check which approach is best for you.

Older, Less Expensive Vehicle

Listing your teen as the driver of the household’s least expensive vehicle or acquiring an older, less expensive vehicle for them can reduce costs.

Higher Deductible and Less Coverage

Consider increasing your deductible and eliminating collision and comprehensive coverage for your least expensive vehicle.

Good Student Discount and Away from Home

Students achieving good grades pay less, and if your teen is away at college, consider dropping their auto coverage while they are gone.

The Harris Insurance Difference

Lakefront Insurance Agency provides insurance services in the Osage City area. If you need an insurance plan that suits your needs, call our office to get started.