5 Ways to Save Money On Car Insurance For Teenagers

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Car insurance for teenagers can be expensive, but there are things you can do to reduce the cost. Use these five tips in addition to the tips in our article 10 Tips to Help You Get Very Cheap Car Insurance and you could save yourself a bundle!

1. Avoid Vehicles That Are Expensive To Insure

While your son or daughter may want to cruise around in a nice 2 door sports car, this is probably one of the worst types of vehicles for insurance costs. If you are going to buy an automobile for your child, stick with older, less powerful, and safer vehicles. Older vehicles cost less to insure, and you can use the Insurance Institute for Highway Safety website to which vehicles have the highest safety ratings.

2. Keep Vehicle Modifications to a Minimum

Car insurance for teenagers can become more expensive if they modify the vehicle they drive. Adding modifications to a vehicle can increase its' replacement value, which could end up costing you more to insure it.

3. Have Your Child Complete A Drivers Education Course

If your child completes an approved drivers education course, it could save you 5-25% on their insurance. Over 3 or 4 years, the insurance savings will usually more than pay for the cost of the course. Just make sure the course is approved by your insurance company. A quick phone call to your insurance company should be able to get you a list of approved courses.

4. Good Grades Can Save You Money

It may be possible to get a good student discount. Insurance companies sometimes view good students as being more responsible in general, including behind the wheel of a vehicle. If your child has a B average or better in school, it's worth asking your insurance company if they offer a discount for this.

5. Avoid Buying a Separate Policy

When buying car insurance for teenagers, it usually less expensive to add a child to your own policy then it would be to buy a separate policy for them. Call your insurance company to get a quote. Just make sure to shop it around after you do. The company that gave you the best price before your child was driving, may not be as competitive anymore once you add a young driver on the policy.

You can get several instant quotes online for comparison at Kanetix (Canadian? Click here instead) to see if your insurance company is giving you the best rate.

this concludes our five tips to help you get save money on car insurance for teenagers. Give them a try today. Putting in a bit of time now using these tips could save you hundreds of dollars a year.

I invite you to read more about car insurance. Check out our most popular articles listed below, or you can see our complete list of car insurance articles here.

HOW TO GET THE BEST DEAL ON CAR INSURANCE

Get several instant quotes to compare from Kanetix. (Canadian? click here instead).

Fill out one form and will get you will instantly get several car insurance quotes to compare. It saves you the hassle of having to shop around yourself to see who is offering the best deals. Go to Kanetix now to get your free quotes today. (Canadian? click here instead).