Auto Leasing Guide
Go to LeaseGuide.com now !

Auto Insurance Rates for New Teenage Drivers Roswell NM

How to get the cheapest auto insurance rates for 16 year old male drivers and other teenage drivers. Car insurance is expensive but there are ways to minimize the cost if you know how.

Allstate Auto Insurance
(888) 355-7971
200 S Union Ave Ste A
Roswell, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
2311 N Atkinson Ave
Roswell, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Jones Insurance Agency
(505) 623-2655
1904 S Main St
Roswell, NM
 
Farmers Insurance James Hutchinson
(505) 623-2006
500 North Main Street
Roswell, NM
 
Farmers Insurance Tina Dunlap
(505) 623-4686
1210 North Main Street
Roswell, NM
 
Allstate Auto Insurance
(888) 355-7971
200 W 1st St
Roswell, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

George Gandy Insurance Services
(505) 622-2310
222 West 2nd Street
Roswell, NM
 
Michael J McKee Ins Agcy Inc - State Farm Insurance Agent
(505) 622-1668
1007 West McGaffey Street
Roswell, NM
 
McKee- Clyde D - State Farm Insurance Agent
(505) 622-1668
1007 West McGaffey Street
Roswell, NM
 
Bobby Moody Insurance Agency
(505) 627-3276
1200 South Richardson Avenue
Roswell, NM
 

Auto Insurance Rates for New Teenage Drivers

Since 16 year old teens cannot legally sign contracts, including car insurance agreements, they typically get insurance coverage by being added to their parents' existing auto insurance policy. Until they are 18 years old, teens cannot buy their own insurance.

If a teen is added as a occasional driver for an existing family car that is also driven by other family members, rates will be much lower than if the he/she is a primary driver on his/her own car. The cost of adding a driver to an existing family car insurance policy is always cheaper than taking out a separate policy.

Adding a 16 year old male teenager to a family's car insurance could easily double the cost. The exact amount of the cost increase depends on a number of factors, which we'll discuss in a moment.

Teens and their families often are tempted to try and avoid the higher cost by listing a teen as an occasional driver when they are actually a primary driver, or simply not listing the teen at all. It may seem that the scheme is working for a while — until the first time the teen is involved in an accident or receives a traffic ticket. If an accident is the teenager's fault, the insurance company has a right to deny any claims resulting from the accident, which could be financially devastating if damages and injuries are extensive. Furthermore, the company would likely cancel the family's insurance. Auto insurance companies are not dumb. They've seen every trick in the book.

...

Click here to read the rest of this article from Lease Guide