Do you have a new driver in the house? If so, you can expect your premium to increase when adding a new driver to your auto insurance in Edmonds. The increase can be either incremental or significant, depending on the new driver’s age, experience, and driving history on your policy.
Teens, for instance, are deemed inexperienced drivers, which makes them bigger liabilities. This means your car insurance premium will increase by hundreds of dollars to cover potential accidents or damage incurred by an inexperienced teen driver.
However, if the person you are adding is new to your car insurance policy but experienced with solid, reliable driving history, your insurance premiums could actually decrease. A good example of this would be the lower rates when one spouse adds another to their policy.
Is a Joint Car Insurance Policy Cheaper Than Two Separate Policies?
Yes – a single insurance policy is, generally, cheaper than two separate policies. One policy has already been established with your driving history and payment history. As a reliable policyholder, history allows you to vouch for a new driver. At the same time, a brand new policy with a brand new driver could be hundreds, if not thousands, of dollars spent on auto insurance annually.
How Long Before the Premium Lowers After Adding a New Driver to Your Policy?
The first year of an added driver on your car insurance policy will be the most expensive. After a year, a new driver will have built enough reliable history for the insurance to incrementally lower premiums. After three years of spotless driving history, insurance lowers significantly.
Where Can You Go for Affordable, Reliable Auto Insurance?
At American Insure-All®, we provide reliable, affordable auto insurance in Edmonds, regardless of who you add to your policy. We strive to keep premiums at reasonable rates, providing you with safety and security for both you and other drivers. For more information, please call us at (888) 411 – AUTO (2886).