3 Important Factors to Consider When Buying a Car For Your Teen

It’s finally happening – your teenager is taking or has currently passed driver’s education and is ready to get a driver’s license and hit the open road. They will definitely need a set of wheels to get from Point A to Point B, though! Many parents help their teenager purchase a car of their own, and the whole process can be incredibly exciting but also daunting. You will have to figure out what sort of car to allow your teen to drive, set the proper boundaries, and also ensure that your auto insurance is up-to-date to cover your teen.

Don’t worry – Madison Mutual is here to help! Here is how you can tackle the big 3 factors when it comes to helping your teen get a car of their own!

Choose the Right Car – If given the choice, teens would more than likely choose a fancy sports car or maybe a large SUV to help fit all their friends in. Unfortunately for them, neither of these types of vehicles is suitable for an unseasoned driver. When you choose your teen’s car, a midsize car is the best way to go, according to The Insurance Institute of Highway Safety and the Insurance Information Institute. Make sure that the vehicle, whether it is new or used, is in good condition and has updated safety features including airbags and electronic stability control. Finally, look at the crash test and safety ratings and determine if the car has proper fuel efficiency before making your purchase.

Set Reasonable Boundaries – It’s important to set some reasonable boundaries with your teen when it comes to driving the new car. Have an honest one-on-one discussion with your teen. Talk to them about safe driving and set some clear rules and guidelines for them to follow. Here are a few examples you can use as rules:

*Limit the number of passengers that your teen can have in the car at any one time.

*Set curfew times and discuss what they need to do in case of emergency, an accident, or inclement weather.

*Establish a “no cell phone” rule to make sure that your teenager does not text or call anyone on the phone while they drive. Your teen can keep the cell phone in the car, but it should be located in a secure place like the glove box and used for emergencies.

Get Your Auto Insurance Up-to-Date – Before you hand the keys over to your teen, make sure that your auto insurance is updated and that it covers your teen in the event of an accident. Talk to your insurance agent about discounts including good student discounts if your teen is a full-time student and more. Your insurance agent will make sure that you get the best deal for an ideal price.

Buying a car for your teen can be both exciting and scary. We can help! Call Madison Mutual Insurance Company at 1-800-766-MMIC to discuss auto insurance rates and additional ways you can keep your child safe on the road or find us online at www.madisonmutual.com.