The key to the kid is through the parent

posted on September 10, 2010 in Review

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State Farm, USA’s largest auto insurer, offered an example to other fellow auto insurance companies by taking the lead of providing insurance to youth drivers into a new trend. With its “Steer Clear” program, drivers are required to keep a log of their driving habits. In return, their policies were given a 15% discount. Also, by piggybacking their policies on their parents’ discounts, their premiums dropped by 30-50%.Another company that offers this kind of discounts is the Fireman’s Fund Insurance Co. which lets young drivers up to 27 years of age piggyback on their parents’ discounts while providing great benefits in return.

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