GPS Tracking Systems Can Save You $$$
Insuring Your Teen at An Affordable Rate
It is no secret that insuring a teen driver is an enormously expensive endeavor. Insurance companies place a great emphasis on driver safety and typical driving habits when calculating your insurance costs, and because teenagers have much higher accident rates and are generally less attentive when behind the wheel, insurance costs for teens can place a massive strain on the family budget. The cost of insuring teen drivers is so high that many youth are forced to stay off the road altogether.
However, there are certain measures that parents can take in order to reduce these insurance costs. By demonstrating that your family has taken all measures possible to ensure that a teen stays safe behind the wheel, you can give insurance companies confidence that an accident will not occur. There are many different methods of accomplishing this. For example, you can install a GPS tracking system into your son’s or daughter’s car in order to keep track of his or her activities at all times.
GPS tracking systems allow parents to know the whereabouts of their teens 24/7. By keeping tabs on your children in this manner, you can prevent them from driving to questionable places at unsafe times, thereby reducing the likelihood of an accident. This in turn will help to reduce your son’s or daughter’s driving insurance rates.
What Insurance Companies Look For
An insurance company’s job is to assess your teen’s risk of being harmed. The higher your teen’s risk factor, the more money you will have to pay.
It is therefore vital that all parents try to reduce their children’s risk of sustaining injury when driving. There are a number of different ways that you can do this. Insurance companies first inspect a student’s grades to see if he or she possesses responsible habits. They then look to parent involvement levels to see if the teen has had sufficient guidance throughout his or her lifetime.
This is why GPS tracking systems can so vastly lower your insurance rates. When a parent installs such a system into his or her child’s car, an immense amount of care and caution is displayed to the insurance company. The company sees that the parent will do anything necessary to ensure that the teen driver is safe wherever he or she goes. This behavior indicates that the parent is involved in multiple aspects of the teen’s life, leading the child in question to be at a far less risk of injury than a teen whose parents are scarcely around.
GPS Tracking System: The Teen Response
Very few teens are willing to have a GPS tracking system installed into their vehicle for the purpose of “teen tracking”. This is understandable; such systems can easily be misconstrued as an encroachment of the teen’s rightful freedom.
However, these systems should be seen as a beneficial safety precaution rather than a method of monitoring your child’s every move. The reason why GPS tracking systems lower insurance rates is that they allow parents to keep track of their children’s driving habits. They enable you to see where your child is going and at what time, preventing your son or daughter from entering into a harmful situation.
Most teens will become more receptive to the idea of a GPS vehicle tracking system when it is portrayed in a manner that emphasizes their physical safety rather than the restriction of their independence. Once you have your teen on board, you can install the system into his or her vehicle and enjoy the reduced insurance rates that are soon to follow.
GPS tracking systems can both keep your teen safe and put some money back into your wallet. Parents will be able to feel far more secure in allowing their teens on the road with one of these systems installed in their children’s vehicles.
About the author: Miles Walker is a freelance blogger who usually writes about cheap car insurance over at Car Insurance Comparison. His recent review looked at where to get a cheap car insurance quote.