According to the article “Keep Your Teen’s Car Insurance Rate Low” by Beatrice E. Garcia on The Chicago Tribune’s site, car crashes are the number one cause of death among teens in the US. The fatality rates for teens between 16 and 19 years is 4 times more than those 25-69 years of age. Based on this staggering statistic it makes sense that car insurance quotes for teen drivers are much higher.
There are some discounts available to teens that are important to be aware of. Many car insurance companies offer good student discounts to teens with a B average or higher. There are also discounts given to those with perfect driving records, which includes no moving violations or at-fault accidents for 3 or more years.
There are education courses available for teens and their parents which can make discounts available as well. Some insurance companies offer discounts up to 25% off the original quote which can mean huge savings. It’s definitely worth getting educated and understanding what kind of benefits your car insurance company offers your teens.