Offers “Pass Through” Advice Regarding Auto Insurance Savings for Clients with Teen Drivers

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Belman Insurance Advisor offers advice to clients with teen drivers looking to lower their auto insurance costs, based on the article ‘Can Dad Drop Teens From his car Insurance?’ published June 25, 2013 at Fox Business for

Teenagers, particularly teen-aged boys, are in the age group that pays approximately three times more for auto insurance because this group is five times more likely to have an accident than the rest of the population. Parents paying for these premiums are always on the look out to try to cut costs and make sound financial decisions. offers four cost saving measures to pass on to clients:

1.    The agent should shop the policy to be sure the cost is as low as it can be – various insurance companies have different policies and pricing strategies for teen drivers.

2.    The agent should advise the parent to make sure the teen is driving an older model car; something that is safe, and if totaled can be replaced out of pocket.

3.    The agent should cover their bases by explaining the details of liability insurance and what accident and funeral insurance consist of.

4.    Agents should also tell the parents that they can insure the teens as part-time as opposed to principle drivers. It could save them as much as 50%.

Finally, make sure the parent is aware that they cannot “drop” the teen from their policy so long as they use the parent’s home as a primary address. The only exception to this would be if the teen actually surrendered their license.

By offering clients money saving insurance advice, the agent or insurance professional creates for himself (or herself) the opportunity to be the “hero” for that client. Savvy agents know that this is a perfect cross-selling opportunity. provides a list of four ways insurance agents or professionals can save clients with teen drivers’ a substantial amount of money in auto insurance premiums. BIA believes that providing this information generates a good relationship with clients and provides for cross-sell opportunities.

Belman Insurance Advisor supplies the insurance industry and all parties involved with valuable analysis and advice in order to create thorough financial decisions.

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Belman Insurance Advisor
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