Your chaperoning days are over! Your teens can finally drive themselves to school, volleyball and orchestra. But with their newfound freedom come new expenses--A new car, more fuel and insurance for a teenage driver.
Even though teenagers are responsible, insurance companies know that they are a high-risk. So, they often charge premiums accordingly. 
Here are some factors that play into the pricing for your teen's auto insurance:
1. Gender: Insurance rates get calculated with the input of many stats, and one is gender. Males may have a higher rate of accidents and deaths than their female classmates. Therefore, men may pay more for coverage than women.
2. Primary driver: When your teen has his or her own car, they're considered the primary driver. Save money by skipping the new car and then add the teen as a secondary driver on your car.
3. Kind of vehicle: Make and model always impact your insurance rates. This doesn't change with your teenager. If your teen must have their own car, get one that isn't flashy. Used is best since there's less loss if they get into an accident. Regardless, find out what the premiums will be before you drop cash on a car.
Tips to Save On Teen Auto Insurance
1. Ask for a good student discount. It's not fool-proof, but usually the students who get better grades are better drivers. If your son is the primary driver, it's worth it for him to hit the books a bit more. If he can bring his B- in math up to an A he may reap the financial benefits.
2. Take a driver education class. Most new drivers take drivers education but if yours hasn't, consider signing up for one. This ensures they get a good understanding of the rules of the road, you might also get a discount on insurance.
3. Don't take a car to college. If your child goes away for high school or college, let them use public transportation. This can net you nice savings once you submit proof that the student isn't driving.
Not reporting your teen driver to your car insurance company comes with serious consequences. It is expensive to insure teens, but you can also require your teen to pay for all or part of the costs. When they see how much of their summer job money goes towards driving costs, they'll probably drive more carefully than their peers.
Do you need auto insurance? Look no further. Call us for a fast, free policy quote.