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11. Monitor Your Teen
When you put a teen on your insurance, you’re going to see a jump in the amount of money that you pay. Teens are considered high risk drivers because they don’t have the experience of older drivers, and they can be more impulsive while driving. Some insurance companies will offer discounts for customers who opt into their monitoring programs. They will install a camera in the teen driver’s car that will provide video and audio of the teen driving. In some cases, there aren’t cameras, but the teen is monitored by GPS to see sudden braking as well as speeding. Check with your insurance company to see if it’s offered since not all insurance companies have the program.
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