Teen drivers carry the highest crash risk, so adding one to your policy can raise your premium significantly. These strategies help.
Discounts to ask about
- Good student: a B average or better often earns 10-25% off.
- Driver training: completing an approved course can lower rates.
- Student away at school: a discount if they attend college far from home without a car.
Smart structural choices
- Add the teen to your existing policy instead of buying a separate one (almost always cheaper).
- Assign the teen to the oldest, least expensive car.
- Consider a telematics program to reward safe driving.
- Raise deductibles if you have an emergency fund.
Shopping around matters even more with a teen, since carriers price young drivers very differently.