Insuring a Teen Driver

 Insuring a Teen Driver

The Next Street and Smith Brothers Insurance Partnership

 

Even after your teen has completed safety courses at The Next Street, it is important to acknowledge the likelihood of unpredictable accidents when they are preparing to hit the road. Insuring your teen could be a stressful component that leaves you with many questions, however, The Next Street and Smith Brothers Insurance partnership provides for a frictionless process.

 

After your teen gets their license, visit thenextstreet.com/insurance where you will find requirements and restrictions for the new driver. If you'd like a free insurance consultation from our partners at Smith Brothers, head over to this page. Here you can submit a form, that will put you in contact with an agent that will provide you with a free VIP consultation through Smith Brothers Insurance. The agent will answer your personal questions, and will give you a general overview about insurance for a new driver.

 

How Much Coverage Should My Teen Have?

 

Connecticut’s State Insurance minimums are $25,000 maximum of bodily injury per individual, $50,000 maximum of bodily injury per incident, and $25,000 maximum for property damage per incident. However, the recommended amount is significantly higher than the state requirements. According to Smith Brothers Producing Account Executive, Taunya Bird, a more realistic minimum is $250,000 maximum of bodily injury per individual, $500,000 maximum of bodily injury per incident, and $100,000 maximum for property damage per incident. In comparison, it is not that much more expensive to have higher amounts of liability, so it is heavily encouraged and very much worth it to settle on better coverage.

 

Determining Pricing for Insurances

 

Coverages, amount of drivers in the family, driving records, location, and type of car are included in the factors that determine the price of insurance. Just by being a graduate of The Next Street’s quality educational program, your teen could be rewarded with a discount by your insurance company. Completing drivers ed is not the only way to receive discounted prices. If your child is an A or B student, it is very likely that they will be rewarded with a discount provided that you send proof of their last semester's transcript to the insurance company. Not all companies will provide these discounts, so it is important to confirm your specific benefits with your insurance beforehand.