Many students are starting the exciting time of going to college this fall. In the hustle to get dorm room furnishings, books, and all the comforts away from home settled, it is important to review your teen’s auto insurance. You first want to check if the auto that your teen drives has their name on the title. If it does, your son or daughter will need to have their own auto insurance policy.
It is critical that an insurance company knows the car will be based mostly on campus. Car insurance rates can come down if the location of the school is drastically different than the primary residence. Universities in rural or small towns can lower premiums more than urban areas where there is more risk.
Otherwise, if the title is still in a parent’s name, your child can remain an insured driver on your policy. Many companies will want to know that your child still lives at home during breaks and is technically a resident in the home.
Luckily there are still ways for your teen to save on car insurance. Good student discounts and a continuing good driving record will help keep costs down. The vehicle driven, how much your teen drives, and safety features of the car can also affect the premium. Many parents also review the policy coverage amounts to ensure that their teen is protected when they are away from home. It’s the first time that a parent cannot be there for their child at every obstacle that life presents, so reviewing the bodily injury, personal injury protection, uninsured/underinsured motorist, and collision coverage is important.
Parents should take the time to also have an honest discussion with their teen. Explain that you know college is an exciting time, but drinking and driving and distracted driving can have serious consequences. Teens sometimes let others drive their vehicle and while this is a scary thought for a parent, it is better to discuss this ahead of time so that your child can be smart and remember the discussion when confronted with a challenging situation. It is crucial to remind your teen that it is important to stay alert when driving back and forth from college, including if they have to work off campus while going to school.
In Florida, AGIC Insurance, Inc. has assisted many parents and college students to get reasonable Florida auto insurance. They will help you shop around for the best policy and get peace of mind that your teen will be protected while going to college. AGIC has installment payment plans too so that individuals and their families can make the insurance work to fit their monthly budgets. To learn more, click on http://www.agicinsurance.com or call 1-877-854-0123.
Melissa DeAngelo is with Florida auto insurance company and Florida car insurance company, AGIC. To get a quote or learn more visit www.agicinsurance.com.
