By Eve Chen () - April 18, 2019
Nothing is more harrowing for a parent than the first time you get in the car with your brand-new teenage driver. Our advice is to start in the very biggest parking lot you can find, bring plenty of tissues to wipe those sweaty palms, and try your best to stay calm. Oh, and you might just want to skip that second cup of caffeine—your heart will be racing enough on its own!
The sad fact is that teens are notorious for their poor driving records. According to research by the AAA Foundation for Traffic Safety, 16- and 17-year old drivers are nearly ten times are likely to be involved in a crash than adults and six times more likely to be involved in a fatality than adults. The numbers are frightening, and parents have every right to worry.
The road to getting your teen driver licensed is not only stressful, but can be expensive too. Because teen accident and infraction rates are so high, the rates for insuring them are also high. Be prepared for a sharp increase in your insurance rates as you add new teen drivers to your policy.
Your job as a parent is both to help educate your new driver, and to protect your family’s assets in the event of an accident involving your teen. Aside from putting the time in working side-by-side with your teen to teach them the rules of the road, here are some additional tips to follow when insuring them: