Lowering the Cost of Insuring Teen Drivers

Parents may wonder why the cost of insuring their teenagers is so much higher than their own insurance coverage. Well, unfortunately, it’s because teenagers’ reputation precedes them. Teenagers are more likely to engage in reckless behavior and cause an accident. According to recent statistics, teenage drivers are four times more likely to be involved in a crash than other motorists. As a result, insurance companies take a higher risk when covering teen drivers, and, consequently, their rates are higher.

For easy and affordable no-hassle coverage for your family, contact an Illinois insurance agent from Insure on the Spot at 1-888-972-SAVE today.

Ways to Reduce Cost

Although all insurance companies offer higher premiums for teenagers, there are ways to reduce your monthly fees. Consider the following tips:

• Compare rates across companies. Certain companies offer family rates, which may be more affordable depending on how many drivers you will have covered on your plan.
• Choose a safe vehicle for your teenager. Do not purchase them a fast sports car, as accidents are more likely to occur in these types of automobiles. Instead, purchase an understated car that has high safety ratings for your teenager.
• Encourage your teen to do well in school. Most companies offer discounts for students who receive good grades, as this is an indication that they will exercise caution while driving.

Insuring a teenage driver can be expensive, but it does not need to drain your finances. Our experienced Illinois car insurance agents can help you explore your options for affordable car insurance.

Contact Us

In order to compare rates with an affordable, hassle-free insurance provider, contact an Illinois insurance agent from Insure on the Spot at 1-888-972-SAVE for a free, no-obligation quote.