As your kids approach driving age, there are several things that go through your mind. One of those things is how adding a new driver will affect your insurance costs. New drivers change your insurance rates and costs in different ways, so it’s important to know how adding your teen affects your auto insurance in NH. Luckily, you have our team at the Morin Insurance Agency to walk you through the process.
Let’s take a look at some of the ways a new driver can change your NH auto insurance.
Your rates may go up.
It will cost more to insure multiple drivers, but it varies by how much. If you are adding a first-time driver to your policy, it usually costs more to ensure them. There are, however, ways to bring those costs down. Taking certain courses or being a student with good grades can result in discounts on your car insurance. When adding a driver to your policy who has been driving for a while, having a clean record also brings those costs down. Your insurance agent will be able to guide you through all the variations in the price of your insurance coverage.
It matters who owns the car.
This is especially important when insuring first-time drivers. If your teen who just got their license owns their own car, they will need their own insurance policy. You can also put yourself on the policy, but whoever actually owns the car must have their name on there. If you, the existing policyholder, own the car, you’ll have to add the new driver as a primary or secondary driver to your policy.
You have multiple coverage options.
There are multiple types of NH auto insurance, so you want to ensure you have the right coverage. You should at least have liability insurance, but you may want to add additional coverage, such as collision insurance. Ask your insurance agent about the best options to protect your car and everyone who drives it.
NH Auto Insurance from the Morin Agency
When you need auto insurance in NH, you can trust our agents at Morin Insurance to get you the coverage you need at the best price. Whether you’ve bought a new car or are adding your teen to your policy, we’ll take care of all your insurance needs.
