Look for Special Discounts on Your Teenage Driver's Car Insurance

If you're the parent of a teenager soon to be licensed, brace yourself for your next car insurance quote. Teenage drivers are five times more likely than older drivers to be involved in an accident and their accidents result in more expensive repairs and injuries.

Insurance companies aren't willing to assume this risk without significant premiums on the group to offset it. There's really no such thing as cheap insurance; if it's cheap, you probably aren't adequately protected if an accident happens.

So you need to educate yourself on all the available discounts in your area and make sure you get all of the discounts you deserve on your next auto insurance quote, especially when you consider the high cost of insuring your teenage driver.

Excellent grades: studies have shown that teenagers with higher grades are less likely to have accidents. So be sure to ask your agent whether he represents any companies that give discounts on their quotes for excelling in school.

Driver's education or defensive driving courses: Even without discounts, this investment in your teen's driving future is worthwhile because it will teach him to be a better driver. Since the more experience and training your teenage driver has, the lower the risk of an accident, some insurance companies offer discounts on their quotes for successfully completing these courses.

GPS monitoring system: Install a GPS monitoring system in your teenage driver's car and both of you will benefit. If she breaks down or locks her keys in the car, roadside assistance is just a phone call away. You'll have the peace of mind of knowing that she is driving within the parameters you've established (both speed and area) and where her car is at any time. In addition to those benefits some insurance companies will offer discounts on your car insurance quote as well.

Type of vehicle: Select an inexpensive car that has an alarm system, air bags, anti-lock brakes, and daytime running lights. Don't buy a restored antique, large SUV or sports car for your teenage driver. These vehicles are more expensive to insure. Contact your insurance agent before buying a car for your teenage driver. He or she can give you a quote on the cars you are considering.

Higher deductibles: The higher your deductible the more you will save on your insurance quote, but be prepared to cover this expense if an accident occurs.

Combine policies: The biggest discount available to parents is the one resulting from having your auto and home insured with the same company.

Now if you're working with the right insurance agency, one who specializes in helping families like yours, you probably already know all the above. If you're not, you should find one in your area and let them provide your auto insurance quote. They will make sure you have the right protection at the best price possible. A good place to search for an agent who specializes in helping parents of teen drivers is www.familyinsurancespecialist.com or www.teendriverinsurance.com.

"Trunking" The Latest Danger to Teenagers

The 5 Most Common Mistakes Teens Make and How to Prevent Them

GPS Teen Monitoring System - It Can Save Your Child's Life!

Teen Driver Education - Can You Count on the High School to Properly Train Your Teen for the Road?

Are Your Family's Assets Protected if Your Teen Driver Causes an Accident?

Why Insurance Rates for Teens Are So High?

16 Step Home Study Teen Driving Course Offered at No Cost to Parents

How to Choose the Right Driving School for Your Teenager

Three Ways to Save on Your Teenage Driver's Car Insurance