Teenagers have the responsibility to drive safe, just life everyone else. Since teenagers do have "raging hormones", however, it's better to be safe than sorry when it comes to your teenager’s driving. Car insurance is necessary for teens. The high cost for this type of insurance is probably due to the fact that insurance companies consider a lot of factors when extending coverage to a teenager and charge more for their coverage. The included factors are: a credit history that is either sparse or nonexistent, no marital status, and not enough experience.

Auto accidents are the number #1 cause of death among teenagers. While only 5% of all drivers are under the age of 20, statistics show they are involved in 13% of all accidents. Statistics also show that 5,000 teenagers are killed each year in auto accidents. Twenty-five percent of all teen accidents involve speeding, and alcohol is responsible for almost half of teen motor vehicle fatalities. In spite of these high numbers, there are some ways you can keep your rate to a minimum when acquiring car insurance for your teenager. However, keep in mind that your teenage needs automobile insurance coverage, regardless of whether the rates are a little higher than what you would like to pay.

Car insurance rates can be a real problem for parents and their teenage drivers. Usually when a kid turns sixteen, they are overcome with a desire to drive and the average insurance rate increase for the teen driver increases you premium cost. Other than just not letting the kids drive until they get older, there are various ways that you can lower the cost of teenage insurance costs. Following are some pointers to get lower car insurance rates for teenagers regardless of whether they are just beginning or already experienced drivers.

Firstly, consider the type of car. The cheapest to insure will likely be the opposite of what your teenager wants to drive. Automobiles that are older and heavier are generally considered to be safer because it is more difficult to drive them recklessly. Your teenager will probably want to drive a new, sporty car, but these vehicles will increase your rates. If you have an older car, consider removing collision and comprehensive coverage, and going with just liability. This will help to lower the cost, because insurance costs are affected by the value of the car.

The second factor is having a good driving history. Discounts for past good driving records are given by many insurance companies so remind your teen to be careful or you can try banning them from driving! (Good Luck with this!) Urge your teenage drivers to drive according to the laws so no tickets are given and do not make claims for such things as minor fender benders to avoid having rates raised. Teenagers driving for the first time should be sent to driving school. Teenage car insurance costs can be lowered if the teen driver graduates from a safe driving program or driver's education class.

Good grades are an asset because oftentimes a good student discount is given to those who maintain a B average or higher. These new drivers can get as much as 25% off their car insurance, so make sure you research this possibility when comparing rates.

The final factor that we will discuss is ownership of the policy. Parents' premiums may double if a teenager is added to your family policy, but the rate will decrease eventually if the teen maintains a safe driving record. To further reduce your rates, you can list your teen as an 'occasional' driver. It might be less expensive for your teenage driver to have his/her own policy if you have an older, but still safe, car.

The automobile insurance rates for teenage drivers can be overwhelming and a financial burden; however, by obtaining quotes from several local insurance companies to compare rates, and remembering the important factors discussed above, you should be able to keep the cost of your teenagers car insurance to a minimum.