Back Auto Insurance - Lowering The Cost For Teens

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Roselyn Jan 29, 2011 3:11 AM
Finding reasonable auto insurance for your teenager is one of the most difficult issues when your child begins to drive. There are two main points working against them in the eyes of insurers. First, they have limited experience behind the wheel. Second, statistics show that a teenager is as much as three times more likely to get into an accident than a more mature driver. For auto insurers, this means that insuring teens is a high-risk proposition and the auto insurance rates they charge reflect this. When you add a teenager to your policy, the rates are going to significantly increase. Although there are a large number of factors that will determine what you ultimately pay for their auto insurance, a rough estimate is that your rates will increase by 50% with a teenage girl and double with a teenage boy.
Qqueen Jan 9, 2014 3:55 AM

Auto insurance rates are high for teenagers everywhere but there are some few ways to save up and get some great discounts.

1.       Some companies offer discounts to star students- those who perform really well in school.

2.       Enrolling your teenager in a safe-driving course is a great way to get amazing discounts

3.       If your teenager attends high school far away then you can get and discount by removing them temporarily from your policy.

4.       Opt to buy for your teenager a used car instead of a brand new one to get huge discounts on insurance.

5.       Install device monitors on your teenager’s car to monitor their driving habits and get an insurance discount.

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