Adding a teenage driver to your car insurance policy will raise your rates. But you can control how much they'll climb. Having teens drive a Camry rather than a Corvette, encouraging them to bring home report cards with straight A's, and urging them to keep their driving records clean can all have a major impact on rates. New drivers are among the most dangerous on the road, racking up tickets and accidents at rates several times the rate of the average driver. A teenager does not have to drive. Bicycles and bus passes are cheaper, if you live in a place where that's feasible.
Ah, yes, making fun of teenage drivers and their abilities behind the wheel. As much as 80 percent , according to InsuranceQuotes. Still, there are some ways to hold down insurance costs when you have a teenage driver in the family. John R. He likens it to when you lend a car to a friend.
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Having a family can be expensive. Here are the best companies for you and your young drivers based on average premiums and discounts. Coming in to top our list of the most affordable insurance company for families who have a teen driver on their policy is USAA. More info GEICO is one of the biggest auto insurance providers in the country.