As the number of teenage drivers are growing rapidly on the road nowadays, finding cheap car insurance for your teenagers can be challenging.
This is due to the fact that insurance companies tend to classify teenagers as high risk drivers as they are new drivers who are just being approved to own a driver's license.
Insurance companies tend to charge high if you are thinking of getting auto insurance for your teenagers.
Auto insurance rates are based on age and driving experience as well.
Just because they charge so much for teenagers but it does not mean it is impossible to get cheap car insurance for your teenagers.
You can actually lower the premium of your teenager's auto insurance by following these few tricks.
One of the ways is to stay on their parents' policy to get driving record.
After two years of clean record there is a good chance the insurance company will then issue the policy to the teenager drivers who want insurance on their name and pay for their own insurance policy.
For the teenagers who are driving to school, it is better to use the car less and keep the low mileage if your house is just nearby to the school.
This is because by keeping low mileage of your car you could request to get cheaper rates for your teenager car insurance.
You may be surprised that your teenager's grades in the school could also lower the car insurance premium for your teenager.
Most insurance companies consider teenagers students who have high grades to be lower risk drivers as they are being recognized as responsible individuals through their academic achievement in the school.
The car your teenagers driving also determine how high your rate is.
By getting older vehicles for your teenagers is one way to cut costs for your teenagers.
High performance vehicles and sports car tends to have higher rates which makes it disqualified for standard car insurance rates.