Policy Costs for Younger Drivers

How much does it cost for adolescents to get car insurance?

Answer

Of course, the adolescent would have to be 16 years old or more, depending on your state, in order to be placed on an insurance policy. If the adolescent is under 18, then the only way to insure the teen is to add him or her as a driver on your car insurance policy. Keep in mind that drivers under the age of 25 have the highest premiums of all age groups. That said, the cost of insuring your teen will depend on a number of factors, including gender, age, the type of vehicle, your location, and how often an adult accompanies the adolescent driver. Male adolescents will have higher premiums than females because they have a much higher risk of collision. The kind of vehicle your teen drives also has a huge impact on your car insurance rates. Sporty, expensive, or large cars capable of causing serious damage will all cost more to insure. If you would like to save money on your adolescent’s insurance rates, you might have him or her take a driver’s education course. Most insurers offer discounts for teens who have successfully completed such a course.