It's a well-known fact that teen drivers pay more for car insurance than older drivers. The main reason for this is that car insurance companies see teen drivers as high risk. Teen drivers usually don't have as much experience as older drivers, and they are also more easily distracted by other drivers, friends, and the excitement of being on the road and on their own.
But it is possible for teens to find and keep affordable car insurance. Here are some tips for keeping the rates low.
Make sure your teen driver takes a class to learn how to drive. Many states require teen drivers to take a driver education course, and many high schools offer driver education courses to students who are old enough to start the process of getting their driver licences. Also, most car insurance companies offer lower rates to teens who have taken and passed a driver education course.
Help your teen driver do well in all of his or her classes. Teen drivers may get discounts on their car insurance rates if they get good grades in all of their classes, including driver education, and even if they make the honour roll. This, of course, depends on the car insurance company.
Keep your teen driver covered by your car insurance. Adding your teen driver to your car insurance policy is much cheaper than getting a separate policy for them. And if your teen has his or her own car, you can usually save money on your car insurance by adding it to your policy.
These three tips for keeping teen insurance rates low are some of the most well-known and used by both teens and car insurance companies. Talk with your current car insurance company about what discounts they reward teen drivers, as well as additional ways to get cheap car insurance for your teen driver.
