Reader’s Question:

I am planning to get auto insurance here in Palm Beach, Florida for my 18-year old son, who is still taking up a degree course. How expensive is it and how can I subscribe to a cheap one?

Eva

Palm Beach, FL

You really need to have at least a picture of your future expenditures of the auto insurance for your son. This is because auto insurance for drivers like your son aged below 25 years are a lot more expensive than those of the older drivers. Whether or not a student, a teenage driver is typically involved and is at-fault in car accidents that is why insurers in Palm Beach, Florida pose high premiums for their auto insurance policy.
But I can suggest few options for you to lower the insurance policy rates for your son. If you are already got auto insurance, include your son to the coverage of your insurance policy. Through this, your son can avail discount opportunities such as safe-driver discount. You and your son can also avail a multiple-car discount in which you are also entitled for.

Nevertheless, do not add your son to your auto insurance policy if it covers an expensive vehicle such as sport utility vehicle. I suggest rather that you buy another car - a second-hand and a cheap one - for your son then get him his own insurance policy. The costliness of the repairs of used vehicles is less expensive than that of brand new models. Hence, your may get a policy with cheap premiums.

Tags: student car insurance