Teen driverUnfortunately for young motorists they are looking at an uphill battle when it comes to finding affordable coverage. This is simply because younger drivers are statistically riskier to insure. Statistics show that teenagers are much more prone to accidents and practice bad driving habits. Motorists between the age of 16 and 19 years of age are far more likely to be involved in an accident than any other age group. Also, statistics also show that teen drivers are responsible for nearly a third of the cost of bodily injuries resulting from accidents per year.

Whether a newly licensed teenager is a good driver or not, they do not have a long enough driving history to obtain a record to prove that they are responsible behind the wheel, therefore they can be charged inflated premiums. With all of these factors that come in to play against them, it becomes difficult to find cheap auto insurance for teens but it can be done. Luckily, there are several ways to go about effectively shopping and locating the right carrier at the right price.

How to Find Cheaper Car Insurance for Teens

The most important step to finding coverage that can be afforded is to take the time to shop around. This is because there are a wide variety of companies and each will charge an applicant a different amount. There are actually some companies that specialize in insuring riskier drivers and some who view teenagers as more profitable than other providers because they have not suffered as many losses with these drivers as have other carriers. Therefore, taking the time to seek out the cheapest company for a particular teen is the best bet to finding affordable rates.

When comparison shopping, one should compare various options and scenarios. If possible, compare the cost of obtaining a policy on one’s own or being addeed on to a parent’s existing policy; this may be cheaper. Also, there are discounts that can help cut the cost of premiums substantially. The most common discount for young motorists is the Good Student discount. This is available to students who maintain a “B” grade point average or higher (proof may be required). While insuring a teen driver may seem to be a hassle and expensive, with the right approach it does not have to be. In addditon, make sure teens practice safe driving at all times. Having a clean record will entitle the teenager to a good driver discount after a few years of being licensed.