Auto Insurance Policies

Reader’s Question:

How can a teenager avail of an auto insurance policy in Florida?

Edward

Jacksonville, FL

Assuming you are a teenager aged 16 to 18, you probably don’t have a valid driver’s license yet and only possess a learner’s permit. You also probably don’t have your own car and use your parents’ car to drive around. If this is the case, then it would be quite unnecessary for you to acquire your own auto insurance. It would be more practical for either of your parents to sign you up under their own auto insurance policies.

Adding a teenage son to their policy would raise your parents’ auto insurance rate by a 100%. A teenage daughter, on the other hand, would raise it by 50%. Despite this increase, it is still far cheaper for either of them to put you under their policy than get you your own. Purchasing auto insurance only becomes an absolute necessity when you purchase your own car because without coverage, you won’t be able to register the vehicle.

You can help out your parents with the additional cost by giving them opportunities to get discounts. Some auto insurance providers actually consider teenage drivers with a high GPA as a favorable risk and may offer a concession. As you’re probably just starting out as a driver, so it’s important to note that in Florida, minors aged below 17 are not allowed to operate a motor vehicle between 11 p.m. and 6 a.m. unless they’re with a licensed driver aged at least 21 or unless the minor is transit to his or her place of work. 17 year old drivers, however, are restricted to drive from 1 a.m. to 5 p.m.

Tags: auto insurance policy, Car insurance discounts, car insurance law, teen, teen insurance