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 …
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, 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.
