Adding your teenagers to your auto insurance

My son finally got his driver’s license today.  It was delayed for a number of reasons, none of them his fault.  First, I don’t think a 16 year old without a job needs a license.  Second, the state Department of Motor Vehicles (DMV) is run by a bunch of headless bureaucratic chickens.

The lady standing behind us in the DMV line received a license to drive on our streets even though it was quite evident she was absolutely crazy.  I mean it – she was a blathering idiot who talked out loud to herself and jumped in front of us in line.  It might have been last spring that she took a bath. We let her go – there is no future messing with crazy people!

Next, the DMV informed us that even though my son had attended a State Approved driving school, and had just passed their driving test last Sunday, he would have to take another driving test.  Why?  Because he was over 18.

My 16 year old daughter, who took the test the same day as my son will not have to take another test.  Explain to me how this makes sense?  The younger driver does not require a second test, but the older driver does.  Nobody knows why.  It is "just the rules".

In any case, I called my insurance company with trepidation.  My main vehicle now is a convertible Mitsubishi Spyder GTS – considered a sports car (barely, I think!).

So I talked it over with my insurance company and it turns out my son won’t cost that much – about $450 a year.  In fact, he costs me just 20% more than what my insurance costs.

How come so cheap?  Several reasons. First, he was 19, not 16.  Second, he is a very good student (it does matter!) and finally, and most importantly – I have a fantastic driving record.  One ticket in the last 22 years (dismissed because I fought it) and one accident (not my fault, I was stopped at a red light and got hit).  So my driving record made as much as a thousand dollar a year difference to what my son;s insurance would cost.  Pretty amazing!

Anyway, if you are adding your teenager to your policy, and you have a lot of tickets/claims then don;t blame it on your kids – you pretty much set the standard for their initial rates!