Follow Us: Google+
 
Bankrate.com

insurance

7 ways to drive car insurance up or down

Teenage drivers
Next
5 of 8
Back
Teenage drivers

A driver's license is still a rite of passage for most teenagers.

The age for learners' permits, restricted licenses and unrestricted licenses varies from state to state, but at some point your teenager will begin driving.

"Adding a teen driver to your policy is one of the most obvious changes affecting an auto insurance premium," Lankford says. "A teenage girl can increase premiums by 50 percent in some cases, and adding a teenage boy can double the price."

She says some insurers treat teen drivers differently than others. "Some don't want teen drivers at all," she says. "It's a good time to shop around."

Still, some insurers offer relief for teen-driver premium increases through discounts for good grades and completion of driver-education classes.


 

 

advertisement

Show Bankrate's community sharing policy
            Connect with us
Compare Insurance Rates



advertisement
Most Read
  1. 10 ways to turn off a homebuyer
  2. No more Social Security at 62?
  3. What TV homes cost in real life
  4. 5 frugal ways to expand living space
  5. Naughty things credit card won't buy
  6. What it takes to remodel kitchen
  7. Danny Bonaduce's house for rent
  8. Bruce Willis' house for sale
  9. 12 meanest cars for the environment
  10. Celebrity estate planning mistakes
Auto Insurance Averages
Product Rate
Auto - Couple, age 30
$ 1638.13
Auto - Couple, age 45
$ 2794.86
Auto - Female, age 50
$ 1505.29
Auto - Male, age 50
$ 1561.24
View rates in your area:
A law group claims that young women are improperly being denied maternity coverage under their parents' health insurance.
advertisement
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.