Obtaining a license gives teens a new sense of freedom. So, the next question is how can I get cheap car insurance for my teen?

One of the things car insurance companies look at when calculating premiums is driving experience and driving history. Unfortunately those are things a new driver needs to prove over several years. Until the teen has established a good driving record they will be classified as high-risk and their insurance premium will be significantly higher.

There are things you can do to reduce the cost of your teens insurance policy.
1. If the teen drives a cheap vehicle you could consider taking only the state mandated insurance.
2. If the teen is driving a newer vehicle make sure it is considered ‘low-profile’, higher profile vehicles like sports cars attract much higher premiums. Extra safety features are another bonus that can help reduce the cost of insurance.
3. Consider increasing the deductible. The higher the deductible is the cheaper the premium is.
4. Get quotes for both including your teenager on your own policy and taking a separate policy for your teen.

Over time the cost of your teens policy will decrease as they build up a good clean driving record. Make sure they understand how important it is to drive safely and obey the laws.

You should also make sure you and your teen thoroughly understand any conditions that may be attached to their license or insurance policy. Some common restrictions are;
- The type of vehicle that can be driven
- Vehicle passenger restrictions
- 0 alcohol tolerance
- Night-time driving

Good luck with your search for insurance for your teen.