How Much Is Car Insurance For Teens

How much is car insurance for young drivers who have no driving experience? Most parents are most likely faced with this question, especially when kids are going off to high school or college. Almost everyone in the neighborhood or at school drive their own car. And knowing kids nowadays, nobody really wants to get left behind.

For most parents, the main concern when buying car insurance for teens is the premium. It is not surprising anymore to find insurance companies charging teens with higher premiums because of the surging statics on teens getting caught with traffic violations and accidents. But this should not scare you. There are a lot of factors that will help you mitigate the cost of car insurance. Here are the most common ways on how you can get a more affordable premium for your teen.

* Encourage your teen to get good grades in school. Insurance companies give discounts for those who have a 3.0 GPA or higher because they are presumed to be responsible and goal-oriented.

Being a good driver also pays when applying for new insurance coverage. If your teen has been driving for a while and has not violated any traffic rules or been in an at-fault accident, then there is a good chance you can get a good-driver discount.


Over 50 car insurance companies offer these type of privileges but not all have the same rules. You need to make sure that the agency you are approaching will have this offer.

* Have them enrolled in a driving course. Although it is not primarily required, going an extra mile can bring a sizable discount on your teen's premium. A lot of insurance companies would provide discounts for teens that have successfully completed an accredited driving course, because they are more likely to drive safe on the roads.

* Ask your insurance carrier if they have these offers. Normally, if you have more than one car in the household, you can insure all of them together in one insurance company. Your teen can drive either of the cars and will be included in your coverage, and will not be paying out for a separate coverage. If it is your first time to buy a car, and you also want to buy a car for your teen, it is wise to make sure that the insurance agency you are planning to bind with offers multiple-car discounts.

* Increase your deductible. If you are buying a separate insurance policy for your teen because your provider does not have multiple-coverage, you can double your deductible and save on your insurance rate. For instance, if you are paying a $250 deductible, you can increase it to $500. Although the higher deductible is challenging, you can definitely reap its benefits as it offsets a huge cost from your monthly premium or overall insurance rate.

Likewise, if you have included your teen under your car insurance plan, you can opt to double your own deductible so you can have a cheaper premium.

* Only buy comprehensive coverage when needed. If your teen is driving an older car yet it is in good condition and has pre-installed safety devices like GPS, you can just buy your teen minimum liability coverage. Considering that the risk of car collision might be less in this case, you should disclose to your provider the sensible factors that can lower car insurance rates.

As your car model depreciates, insurance rates can also go down with it. But this does not mean you need to deprive your teen of newer car models. If you simply want to save on the cost, you can have your teen drive a less fancy car and in excellent condition. A four-door sedan would be a great option, especially for starters. While it is not so alluring for thieves and less likely to get involved in collisions, insurance companies may consider a lower insurance rate for your teen.

How much is car insurance basically depends on a lot of factors. Hence, do not hesitate to ask insurance carriers about other types of teen discounts, in which your kid may be eligible. When you check for quotes, you'll find out that over 50 car insurance companies offer a variety of privileges. Other companies also offer great discounts for loyal customers.