Car Insurance for Teens and Young Drivers
How to keep insurance affordable for teens and young drivers, including drivers who already have a ticket.
Young drivers are the most expensive people to insure, and for good reason: according to the Insurance Institute for Highway Safety, the fatal crash rate per mile for drivers aged 16 to 19 is just over three times the rate for drivers 20 and older. For parents, that means a large jump in premiums the moment a teen gets a license.
These guides explain what adding a teen really costs, the discounts and choices that bring the price down, and whether a separate policy ever makes sense. Start with how much adding a teen driver costs.
All Young Drivers guides
Young Drivers
How Much Does Adding a Teen Driver to Car Insurance Cost?
Adding a teenager to your car insurance raises premiums by about $3,500 a year on average, according to Experian. See costs by age, why teens cost so much and when you must add them.
Young Drivers
How to Lower Car Insurance for a Teen Driver: 10 Ways
Good-student discounts, driver training, the right car, telematics and smart coverage choices can take a real bite out of the cost of insuring a teen. Here is what works.
Young Drivers
Should Your Teen Have Their Own Car Insurance Policy?
A separate policy for a 16-year-old can cost nearly twice as much as adding them to a parent's policy. Here is how the two options compare and the few cases where separate coverage makes sense.