Mackoul’s Tips on Insuring Your Teenage Driver

By July 8, 2013 April 15th, 2018 General Updates

Motor vehicle crashes are the leading cause of death for teens in the United States. According to the Insurance Institute for Highway Safety, 115 teenagers died in motor vehicle crashes in 2010 and almost 2 out of every 3 teenagers killed in motor vehicle crashes were males.

Given these statistics, it’s no wonder that insuring a teen driver can get costly! Regardless of your insurance carrier, adding a teen driver will increase your insurance rates.  Are there ways to reduce the amount your insurance costs increase? The answer is yes. Below are some tips to reduce costs when insuring your teen driver:

Choose the Car Wisely  – Your teen probably wants a flashy new car to show off, but that’s not going to get you the best insurance rates.  A better option for a teen’s first set of wheels is a gently used sedan.

Good Student Discounts – Ask your insurance agent about Good Student Discounts. Many carriers now have programs where teens may qualify for a discount for having good grades (usually B average or above).

Away at School Discount – If your teen goes away to school (100 miles away or more), you may qualify for an additional discount.

Safe Driver Course Discount – Drivers under the age of 21 who complete a driver-training course may qualify for this additional discount.

If you’re looking for an online automobile coverage quote, try our online quoting website here.