Teen Auto Insurance Doesn't have to be Expensive, Suggests InsuranceAgents.com

Teenagers are notorious for being risky drivers, unfortunately. That's exactly why insurance companies charge parents such high premiums to insure their newly-licensed teens. But, believe it or not, there are ways to find more affordable car insurance quotes, even for high-risk drivers like teenagers, according to a recently published article on Insuranceagents.com.

Many parents may cringe at forking over exorbitant premiums to their insurance company all because their newly-licensed teen driver falls into the "high-risk" category. And this tough economy is just salt in the wound when one has to pay expensive car insurance premiums. So what better time to learn how to save money when insuring your teen?

Some of the ways to save money when insuring a teen driver is to shop for insurance quotes (to see which carrier can offer the most affordable rates), enroll your teen in a driver's education course for good measure, and to do well in school and keep the grades up.

"Most auto insurance companies grant a 'good student' discount for teen drivers who maintain a 'B' average or better," according to the Insuranceagents.com article, 'Auto Insurance for Teen Drivers: Mom, Can I Borrow the Car?' "Find out if your child can qualify for this discount. It offers a way for them to help allay your auto insurance costs and an incentive for them to succeed at school and on the road."

Another way to save money on insuring your teen is by purchasing a used car, perhaps an older model. The more expensive and newer a car is, the more it costs to insure.

"If your auto insurance provider assigns specific drivers to specific vehicles (some do and some do not), you might want to consider purchasing a less expensive, used vehicle for your teen to drive. Since teens are the most expensive drivers to cover, keeping your teen from driving the family's most expensive vehicles may reduce your premiums," according to the Insuranceagents.com article.

These are just some basic and simple ways to keep car insurance costs down for your teenage driver. Other ways include higher deductibles to reduce premiums, shopping online for insurance quotes, and enrolling your teen in defensive driving programs.

Staff Contribution: Meha Ahmad