How to have Cheap Car Insurance for Teenagers?


Teenagers are more likely to end up in accidents as they drive. Teenagers mostly drive recklessly and a lot of them are so excited and over confident that the end up in a fatal accident. The numbers of recorded cases show on how many teenagers are already involved in different accidents that causes serious and sometimes death casualties. It is the reason why many car insurance companies hesitate to give insurance to teenage drivers. They also charge a higher rate of premium for cars belonging to higher categories.

Teenage insurance problems

Teenagers can become a real nuisance when it comes to insuring their driving. This is however, a worldwide tendency involved with teenage driving. Insurance companies charge high premium on teenage car insurance as they are more prone to road accidents than anything else. Add to this is the fact that they are three times more likely to die in an accident compared to an older driver. It is a sad fact that the younger the driver the more are the chances of an accident.
The main reasons for these differences are that at teenage the brain is in developing stage and reasoning capabilities don’t develop completely until the late teens. As well as Adrenaline Rush hormones surge is more through their bodies at this stage. The insurance companies charging a premium to reflect the risks involved.

Minimizing the cost of insuring your teenage child

  • If you have family cars and your teenage child is to drive these then, find out how your insurer allocates the family’s vehicles to drivers. Some car insurance companies grade teenagers as the most expensive and risky category. This increases the cost of insurance for everyone. The way to this could be to change insurance company to one where you can assign the drivers to the car. However it is best to get the teenager their own car especially if the car is older and encouraging your teenager to spend more time on practice driving before he/she actually takes on the road.
  • Discounts of between 10 to 25% are given to teenagers with high grades because they are likely to be more responsible drivers. Make sure your teenager maintains at least a B average at the school to get this reduction in insurance.
  • Increasing your deductibles can save you up to another 35 % of insurance cost. It also makes sense to use your insurance for bigger disasters rather than the minor damages to your car that you can cover from your pocket. You might not need to report such minor accidents to your insurer, as they are not involved in fixing the car, and as a result you can preserve your teenager’s accident free sheet.
  • Most insurance companies charge a higher premium for expensive cars, especially when its driver is a teenager. Buying older cheaper family cars will reduce the insurance costs for your teenager. This might seem to be a kind of retrograde step in terms of the standing with your family however it is something worth considering.


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