If you have a teenager who has reached driving age, it can mean some freedom for you since you won’t have to serve as a taxi any longer. However, with the extra time on your hands, you may want to pick up some additional hours at work because unfortunately, auto insurance for a teen driver can be expensive! However, it is possible to get an affordable policy if you go to the right source for auto insurance. In fact, finding the right agency can make the difference between a settled claim and a financial disaster. Here is an example.

Brad and Mary B. lived in Kingsport and their 17 year old son Henry received an unrestricted driver’s license from the state of Tennessee. Henry had been working part-time for a year and saving his money so he could afford to make a down payment on the car of his dreams. The car was a 14 year old red sports car with plenty of zip.

Henry and his father went car shopping several times and finally found a sports car in Bristol that Henry liked. Brad agreed to co-sign for thecar loan. However, Brad wanted to have a day to think it over before signing any papers.

While leaving the dealership they ran into their independent insurance agent who was also out car shopping. When Henry told the agent about the car he was buying, the agent frowned and told Henry his Teen Car Insurance would be very expensive. In fact, he said he would give him a quote later in the day. When Brad received a phone call from his agent with the quote, he was shocked. There was no way they could afford to pay the premiums.

Henry was disappointed but it was a good thing he found out before buying the car. However, there was a silver lining to the dark cloud of Teen Driver Insurance. The agent gave Henry a list of cars with affordable insurance and Henry found something he was very pleased with. Plus, the agent was able to save Henry a lot of money with insurance discounts for teens.