What Are The Best Ways To Save Money On Teen Car Insurance?

It seems like just yesterday your teenager was in a children’s car seat. But now your teen is ready to borrow the keys. You might have mixed emotions about them getting behind the wheel. But you’re definitely concerned about the cost of adding your teen to your auto insurance policy.

Luckily, there are plenty of ways to save money when it comes time to insure your teen as a driver. In fact, we’ve got 15 money-saving ideas for you below.

Read on to learn why teen car insurance costs so much and reasons to include your teen in the auto insurance discussion. Then check out the potential discounts you can take advantage of and things you and your teenager can do to reduce auto insurance costs when your teen gets a driver’s license.

Teen Drivers and Crashes

It’s no surprise young and inexperienced drivers are more likely to get into accidents. And when you see statistics on teen drivers and crashes, it makes sense that insurance companies consider them extremely high risk.

Here are just a few examples:

• Half of all teens will be involved in a car crash before graduating from high school. (National Safety Council)
• Teen drivers have crash rates nearly 4 times those of drivers 20 and…