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As summer winds down and the school bells ring in a new academic year, high school seniors face a blend of excitement and anticipation. For many, this year marks the beginning of a new chapter with increased independence and responsibility - especially when it comes to driving. For parents and students alike, it’s also a prime time to reassess auto insurance needs to ensure both safety and financial protection.
Why Adjust Your Auto Insurance?
High school seniors are often among the most enthusiastic drivers, whether it's for carpooling to school, attending sports events, or simply hanging out with friends. This increased activity comes with a greater responsibility to ensure your auto insurance policy is up-to-date.
Here’s why revisiting your insurance is crucial:
1. Increased Driving Activity: Seniors often log more miles as they balance school, extracurriculars, and social activities. More driving means a higher chance of accidents, making it essential to have adequate coverage.
2. New Driving Risks: Teen drivers, particularly seniors, might be tempted to take more risks or face new distractions, such as friends in the car. It’s important to have comprehensive coverage to protect against both common accidents and unexpected incidents. Comprehensive does not cover people inside the car. This should be the maximum coverage for personal injury protection.
3. Policy Discounts: Many insurance companies offer discounts for good grades and safe driving courses. If your senior is excelling academically or has completed a driver’s safety program, it might be worth exploring these opportunities to lower premiums.
Key Insurance Considerations
Liability Coverage
This is crucial, especially for new drivers who might still be honing their driving skills. Adequate liability coverage will help protect against damages or injuries that might occur if they’re found at fault in an accident.
Collision and Comprehensive Coverage
Collision coverage helps pay for repairs to the car after an accident, while comprehensive covers damage from non-collision events like fire, theft,vandalism, natural disasters and hitting of any animal. Given the increased time on the road, these coverages provide peace of mind.
Add a Driver to Your Policy
If your senior is about to get their own vehicle or will be driving frequently, it’s often more cost-effective to add them to your existing policy rather than purchasing a separate one.
Involving Your Teen
Encourage your senior to be proactive in understanding their insurance policy. Involving them in the discussion about coverage options and costs helps them appreciate the importance of safe driving and responsible car ownership. This can be a valuable lesson in financial literacy and responsibility as they approach adulthood and become more independent.
As high school seniors take the wheel this school year, ensuring they have the right auto insurance coverage is key to protecting them and their passengers. By reviewing and updating your policy, you can ensure they’re covered in case of accidents and are ready to navigate their busy schedules with confidence. So, take a moment to review your auto insurance as you gear up for the school year- it’s an investment in your teen’s safety and your peace of mind.
Need help? Contact the team at Northern Insuring Agency. Our professionals can help you figure out which personal insurance policy will be the best option to help you keep up with the ever-changing world we live in.
Get in touch today for a quote! Northern Insuring will simplify the complicated...for insurance.