Typically, adding a teen driver to their parents' policy will be a cheaper alternative to getting a teen a car insurance policy on their own. The person most affected in this case is the parent, who is taking on a significant risk by adding a new, teen driver to their policy. As a result, insurance companies will increase their yearly payments. Nonetheless, the increase is still far less than the yearly price of getting a teen their own insurance.
Texas, like other states, requires all drivers to carry a stated minimum of liability coverage ($25,000 for property damage, $30,000 per person/$60,000 per accident for personal injury). And although most drivers in Texas comply with the law and carry at least these legal minimums, many do not. Some estimates put the percentage of uninsured drivers in Texas at between 20 and 25 percent. Here is what will happen if you are caught as a member of that group:
Car insurance for college students can be pricey for sure, but you can capitalize on certain discounts. One that can reap up to 20 percent off is the “Student Away” discount. Typically, you qualify if you are listed on your parent’s policy and drive one of their cars they keep at home but attend college 100 or miles away. Some insurers may also require that you are under age 26 and unmarried to receive the discount.
The first part of the post only outlines the financial and other consequences that will be imposed on you by the State of Texas for driving without insurance. What has not been mentioned is the devastating costs you will face if you get into an accident that is your fault. In Texas, you can be held 100 percent liable for any and all physical injuries and property damage resulting from a vehicle accident that you have caused. Think of what those costs could be: thousands, hundreds of thousands, maybe more.
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Recently, Honda Civic designers have focused on safety, adding a reverse camera to all vehicles. In addition, the Civic features electronic stability control, anti-lock brakes, daytime running lights, side airbags, front and rear head curtain airbags and front seat-mounted torso airbags. Winning top marks in all IIHS safety categories since 2006, the latest models incorporate hands-free Bluetooth phone connection and digital dashboard control, which is sure to appeal to teens seeking a modern feel. Only hybrid versions have front crash prevention.
The Mazda 3 feels like a sports car but its affordability and excellent safety rating make it a great choice for teens. The Mazda 3 has received high safety ratings in all IIHS safety categories since 2011. This model features a rollover sensor, electronic stability control, anti-lock brakes, daytime running lights and side airbags. The new Mazda Radar Cruise Control monitors the engine and brakes to maintain a safe speed and distance between you and the car in front of you.
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