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From pushing the speed limit to breezing through stop signs, teenagers are known to commit more traffic violations than older drivers. They’re also more likely to be involved in an auto accident or incur tickets. To compensate for their inexperience, teen auto insurance tends to cost a little more. Fortunately, there are a few steps you can take to curb insurance rates for these fresh new drivers. 

4 Ways to Cut Teen Auto Insurance Costs

1. Succeed in School

Many insurance agencies offer discounts for good grades, so to save your child’s report card. In most cases, a B average is the minimum requirement to receive the discount. In case your child needs further motivation to excel—here is a monetary incentive.

2. Keep the Car Simple

auto-insuranceYour teen may dream of driving around a brand-new BMW or Mercedes-Benz. Unfortunately, newer, flashier rides cost more to insure than practical vehicles. To curb auto insurance costs, keep the first car simple.

3. Up Your Deductible

Paying a higher deductible will actually lower your insurance rates overall, which can ultimately save you money. Talk to your insurance agency about what you can do to cut costs across the board.

4. Take Additional Training

In Ohio, teens between ages 15½ and 18 years old are required to take a Department of Public Safety approved driver’s education course before earning their license. However, taking further driving classes can potentially curb insurance costs, particularly after a teen has incurred a traffic ticket or another violation.

 

For affordable teen auto insurance rates in Fairfield, OH, look no further than Lighthouse Agency Inc. To learn more about auto, health, or life insurance, visit the company’s website. If you have any questions or would like a free insurance quote, please call a helpful team member today at (513) 860-9100. 

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