How to Get Cheap Auto Insurance for Teens

Feb 22
10:13

2007

Brian Stevens

Brian Stevens

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Because teenagers have the worst driving record of any age group - they accounted for more than 6,500 driving fatalities in the U.S. last year - teenage car insurance premiums are the highest. So how can you get cheap car insurance for your teen son or daughter? Read on ...

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Cheap Auto Insurance for Teens Tips

Here are some tips on how to get cheap auto insurance for your teen son or daughter ...

  • Raise their deductible - raising your teenager's deductible from $100 to $500 can lower their insurance premium by 10% to 20%.
  • Change cars - the difference between insuring a souped-up sports car and a conservative sedan can be as much as $1,000 or more.
  • Put your teen on your policy - by insuring your teenage son or daughter on your car insurance policy,How to Get Cheap Auto Insurance for Teens Articles you can get up to a 15% discount on their premium.
  • Have your teenager take driver's training - getting your teenager to take a driver's ed course will save you 10% to 15% on their insurance and will give you a little peace of mind to boot.
  • Encourage your teen to get good grades - you can get a 10% discount in some states if your son or daughter gets good grades in school.
  • Get them to chip in - having your teenage son or daughter pay for a portion of their auto insurance premium will not only save you money, it will teach them responsibility.
  • Get multiple quotes - the exact same car insurance with different companies can vary as much as $1,000 a year. That's $10,000 over a ten-year period that you could save by spending a few minutes online comparing quotes.
  • Shop online - shopping online to get quotes from different insurance companies is the quickest and easiest way to compare rates and get cheap auto insurance for your teen.