Teen Drivers Insurance Premiums

Insurance for Young Adults

Auto insurance is a big expense for families, especially ones with young drivers. One of the main reasons that teen driving insurance premiums are so high is because they are largely based on driving history. Since teen drivers are new to driving altogether, they are likely to have some of the highest premiums around.

There are a couple of ways that parents can make their children’s auto insurance more affordable. One of the easiest ways is by maintaining their own driving records. Parents with fewer tickets and insurance claims will directly see a lower premium for adding teen drivers. This is only when parents are adding the teen driver to an already existing insurance policy.

Many insurance companies offer discounts towards young driver’s new insurance based on the parents driving history. Another discount often offered by insurance companies is one for teen drivers who take additional driving school lessons. These classes are relatively cheap and the savings will make up for the cost.