At a certain stage your young son or daughter will ask for your car and would want to drive. However, if they pass in the driving license test and are of or above 16 years of age then you should have no point of preventing them. They too want to drive a car and in that case you can help them by providing your car. But one thing you must remember that you should not let them drive your car without a young driver car insurance. Even in many places if it is found that a young driver is driving car without this insurance then their driving license is being seized. Also they are being banned from driving cars until they attain an age of 21.
Such insurance policies are generally costly and the premiums are high. As the ratio of road accidents is high in case of the young drivers that is why; such high charges are being made. In many cases it is found that the young drivers use to take the driving business lightly and they gets distracted very easily while on road. As they are inexperienced it becomes tough for them too handle certain situations. Also they do not obey the traffic signals and speed limits.
If your child is brilliant in his studies and secures good grades in his class then your problems will lighten to a great extent. The rate of premium then gets reduced because it is being believed by the insurance companies that the brilliant students use to be responsible. They will not be bad in driving too as they are in their studies. But if he faces one accident or speeding ticket then such facilities will no more be available for him.
In some cases, the young driver car insurance policy is being added to the car insurance policy of his parents. This will be possible if both the insurance policies are of the same company. If you get it done then you can pay only one premium per month.