Cheaper Car Insurance For Teenage Drivers?

Question

Can you help. I priced car insurance for my 16 year old son, and my premium will almost triple.

I know all of you will post that he should just get a job, and that is fine, but I want him to save money for college, not to make an insurer rich. OK?

Answer 1

Well, I am amused by the lady who just figures her kids are covered because they have permission to drive the car. I have to look into that.

But in general, insurance rates are determined by age, driving history, localtion, the type of car, and driving habits.

You can find discounts for good students, taking driver's ed or driver's safety classes, having a safer car, and installing safety and anti-theft devices. You can also get a good discount for combining policies like home and auto discounts.

Here are some tips to compare insurance, and to find cheaper car insurance for teenagers.

Answer 2

try geico

Answer 3

Geico

Answer 4

I paid for my own insurance since I was 16 and still saved for college because it made me financially resposible knowing i had to pay bills, and am now better because of it.  but first if you are old enough try to get AARP.  I am have a 2004 Mustang with one accident and no tickets and am 19 with full coverage for $100 a month, other than that shop around and see if anyone will give him a good student discount.  But i think that in the end you should have him pay a little of it, it won't kill him.

Answer 5

this will be true with almost any insurance you get.  i recommend still getting good coverages though when you buy insurance, otherwise if he gets in an accident. you will wish you had earlier.

Answer 6

Check online & compare quotes. Good luck.

Answer 7

OK. Here is a kick in the head- If you carry car insurance and it says right in the policy that anyone else driving your car is also covered in case of an accident (as in lending the car to your sister or parent while they are visiting) then guess what- YOUR TEEN IS COVERED ALREADY.

This is the big secret insurance companies will not tell you- if your name is on the car the kid drives then you can have them covered with your existing policy and you do not have to buy seperate insurance for the teen driver.

Insurance is such a scam! We have never put either kid on our regular insurance policy and both their cars are under our names so we have never had to pay that ridiculous theft of an insurance premuim - and this was suggested to us by the only honest insurance sales person we ever met.

Answer 8

I would shop around with several different companies.  Sometimes you can actually start over with a new insurer for less than you are paying your current company.  It's always worth checking into.  Also, you can get huge discounts if your son has good grades and has taken driver's ed.  Some companies even offer additional discounts for students.  

Unfortunately, boys under 25 are extremely expensive to insure.  All you can really do is be sure to get all the discounts you can, and get a cheap used car so you can get good liability coverage without needing comprehensive and collision.  Then have him rated as the primary driver on that vehicle.

Answer 9

I will answer the question base on the rules applicable to our country, Philippines.  A 16 year old cant drive a car till he reach the legal age of 18. In the interest of premium charges, most insurance companies here charges almost the same premium however some would offer lesser than others  in case the car subject for insurance is brand new.

Answer 10

I agree with alot folks below, but the most accurate one is the one about covering your son under your policy by adding him as an additional driver.  Insurance works in this way:  the one who is titled to the cars, is the one who must be the insured to the policy.  So if your son doesn't own his own car, then he should definitely be "an additional driver".  Yes, your premium will jump, but its your job to keep that boy in line about not speeding and not having accidents.

If it were me, I would not give children under 18 a license to drive in the first place.  They are still careless, and cannot handle emergency situations behind the wheel.  I've seen lots of adults in this manner but adults are financially responsible for the problems they cause.  Children go hiding behind their parents and make your rates outrageous.