How to Get Cheap Car Insurance For Teens

Anyone who's ever been the parent of a teenager knows they can be extremely expensive: cheerleading uniforms, prom dresses, football gear, sweet sixteen birthday parties -- the costs are endless. It certainly doesn't help that cheap car insurance for teens can be seem to be nothing more than an impossible dream. Because teens are very high risk and about ten times more likely to end up in a car accident compared to people 30 to 50 years of age, it's no surprise that the cost of their insurance can cost an arm and a leg. While low cost car insurance for your teenagers may seem nothing more than a pipe dream, there are ways to cut down on costs. Read on to learn more about how to get cheap car insurance for teens.

Difficulty:

Moderate

Instructions

1. Add your teen onto your current policy. Usually teens can get much lower rates if they are on their parent's policy, rather than on a standalone policy. Some parents can get savings of over a hundred dollars or more by adding their teen to their policy.

2. Alternatively, sign your teenager up for a standalone policy made specifically for teenagers. These policies usually have certain restrictions -- such as not driving at night or after curfew -- that help to lower the cost of the insurance.

3. Stress to your teen the importance of a clean driving record. They should not have any speeding tickets, accidents or traffic violations. Car insurance companies will reduce the cost of their premium if they maintain a good driving record. This is one of the best ways to get cheap car insurance for teens.

4. Enroll your teen into a driver's ed course. Many companies will cut down on the policy cost of insurance for teens if your son or daughter has completed a driver's ed class.

5. Avoid buying your teen a new car or a sports car. Make sure it's equipped with a number of safety features, such as airbags. Insurance costs will go way up if your teen is driving a flashy car, since these vehicles are considered higher risk. Car insurance companies will usually give discounts if your teen's car is equipped with safety features.

6. Consider a policy with a high deductible. Typically, the higher the deductible, the lower the insurance cost.

Tips & Warnings

• A great way to get cheap car insurance for teens, if your son or daughter has good grades in school and is on the honor roll or the dean's list, they usually can get a discount on their insurance.