For families with teenagers learning to drive, here are some ways to make sure you are getting the auto insurance coverage you need for your teen at the right time and best price.
When should you insure your teenage driver?
When your teen walks in the door with that learner's permit in hand, don't immediately see dollar signs floating out behind them. If your child has their first level of driver's licence (G1 in Ontario, Class 7 in Alberta, and Class 5 Learner's Licence in Quebec), they are required to have a licensed driver in the car with them at all times. Since they are under constant supervision when behind the wheel, insurance companies often consider their risk of accident to be relatively small. As a result, insurers often do not "rate", or charge if you will, for drivers who only have their first level licence. Even so, based on your original agreement with your insurer, you still have a responsibility to notify them there is now a Learner's/G1 licensed driver in the household.
- Related Read: A Guide To Graduated Licensing In Ontario