How to Find Car Insurance for Young Drivers

What do you do when your teenager becomes a teen driver?

This can be a cause for endless worry for any parent. Young drivers are significantly more prone to accidents than more experienced drivers. This is partially due to inexperience, but is also related to the lack of maturity, rebelliousness, and thrill seeking that teens exhibit. Certainly these are reasons for any parent to feel at least a little bit nervous.

Adding to the list of concerns is finding the right car insurance for young drivers. You need to make sure that your teenager is insured, and you also want to get the lowest rates possible. Here are a few tips that will help you find the right car insurance for young drivers, and a little peace of mind.

Keep your teen driver on your own insurance policy

Car insurance for teenagers will usually will have a lower rate by adding your teenager to your own policy than it will have by getting a separate, new policy. You will also be able to get a multi-policy discount by using this method. One thing to look out for is which car you have your teenager listed as a driver It's typical for car insurance companies to list your teen driver as the driver of the most expensive car. This puts the most expensive driver to insure in the most expensive car to insure. Pow! Double whammy.

Assign your teenager to the least expensive car

Make certain that he or she is actually driving this car and this car only. If your teenager is in an accident in the car they are not assigned as driver, you could pay stiff penalties, and see some big premium increases. Plus, it's practical. You really shouldn't want your teenager driving your most expensive car.

Buy some additional liability insurance

As mentioned before, teen drivers are not as competent at driving as adults. You want to be absolutely certain that you have enough liability coverage to cover the damages if your teen is found to be negligent. Otherwise, you could wind up being sued to cover the amount your insurance is not covering.

Raise Your Deductible

This extra coverage can be offset by raising your deductible. By increasing your deductible you will lower your premium. A deductible of $1000 instead of $250 can save you as much as 20% on your premium.

Compare

Spend some time getting quotes from different car insurance companies to find the best rates on car insurance for young drivers. There are many sites that make it easy to compare car insurance rates by filling in a few facts about who you are and what your needs are. These may only be estimates, but in some cases they are actual quotes for coverage. Either way, they will assist in your mission to find car insurance for young drivers.