One of the most exciting times in a teenager’s life is when they get their driver’s license. This transition to adulthood is also full of a high amount of responsibility. If your teenager is on your family policy, it may be inflating your policy. Teenage drivers are not known for their care and responsibility and their insurance rates reflect that reality. When their driving history contains any mishaps, even those that are minor in nature, the situation can become more serious. Parents in the greater Rochester, MN area have long relied on Safechoice Insurance Agency to help them determine the most efficient way to safeguard their teen drivers.

Multi-Driver or Individual Policies? Which is Right for Your Family

Young drivers are able to remain on their parent’s insurance policy throughout their teenage years, but there may be some instances when it makes more sense for them to get their own policy. If your child uses the family car on an irregular basis and is not driving themselves around on a regular basis, it will likely make sense for them to remain on the family policy. Insurance rates can go up if the teen is using the car for regular driving to and from school or work. 

If there is a history of accidents or even small claims, there can be a sizable impact on the family policy that may make it necessary for the teen to seek their own. A local agent can help you determine which option is right for your family.

Ready to review your family’s multi-driver policy? Contact the team at Safechoice Insurance Agency today to learn more. Our team is dedicated to serving the needs of our friends and neighbors in the greater Rochester, MN community.