Before you know it you find yourself looking for a new Oregon auto insurance quote and you need to add your own teenager to it. The increase can be quite surprising. It’s not at all unusual to see that your OR car insurance quote has risen by 50% to about 100% from what you’ve paid for several years. When you get that kind of increase it can make a big dent to your budget. While there are several reasons why this happens, you don’t need to just take it when there are options that can help you lower the increase of your Oregon auto insurance quote.
The reason for the increase in a Oregon car insurance quote with a teen driver is that 15-20 years die more from vehicle deaths than any other way. To protect themselves from this situation insurance companies charge more to cover their exposure to lawsuits and claims. So the rate you get reflects the risk an insurance company takes. This may be a good business move but it impacts your pocketbook. Understand that with cell phone use and text messaging while driving as well as other foolish mistakes, teen drivers are more likely to have an accident.
There are two areas of concern for teen drivers according to recent studies. The risk of accidents late in the day or at night is common for teen drivers. There have been several states that have made changes to teen driving laws based upon that. And secondly, teen drivers are far more likely to have an accident if they have friends in the car.
Now that you’ve got the bad news what can you do when you are looking for an Oregon auto insurance quote? There are options if you take the time to look for them. You are more likely to get an affordable Oregon car insurance quote the more of them that you use. Looking online for several OR auto insurance quotes is the first step. By getting the pricing from several different companies you’ll have a variety of quotes to compare. Not only will you have several to compare but you can find one that will fit your budget. It’s a quick and easy to complete the form, submit and get back several quotes to compare.
If your student gets good grades, look into a Good Student discount. With a GPA of B or better many companies will offer you and your teen a discount. For students that meet the criteria, it’s worthwhile if you are interested in savings.
An option that isn’t well known is to add electronic devices to cars that monitor a teen’s driving and alert parents to any issues. This has been subsidized by various insurance companies and they also offer discounts for the families that get their insurance through them as well. When you are getting your Oregon car insurance quote, look for companies that offer this if it’s something that you are willing to do.
Make sure to look into online for a class for both parents and children on driving safety. When parents and teen take the course there’s a discount on your Oregon auto insurance quote as well. It’s likely that you both will learn something by taking the course as well.
Finding a Oregon auto insurance quote that includes a teen is always costly but the expense can be lower if you take the right steps. Spend a few minutes and find several will allow you to reduce your costs. Once you’ve found an affordable Oregon car insurance quote, stick with it and hope that all goes well as your teen starts driving!