So your teen is now old enough to drive? While this should be a joyful moment, many parents remember it with some mixed feelings. While you pray that your teen stays safe behind wheels, you’re also concerned that it would raise your costs. Add gas costs! Worse still is the fact that the family’s auto insurance spend is going to increase by as much as three times just because of one driver — albeit their beloved kid. Are there tips that can help you pay a lot less. Good a thing, there are several. I’ll share them with you…

I will list several things and then dwell more on just one (the last point)…

1. It’s a very sensible move to have your teen contribute part of their premium. If you do this, you’ll find that your teen will be more like to take any advice from you that will help them drive down their payments (And such usually keep them safer too).

2. You don’t really need collision/comprehensive coverage types on old cars. So, if it won’t break your teen’s heart, let him/her be made the secondary driver on your oldest car.

3. As much as possible, ensure your teen does NOT learn to drive from other kids. If they’ve done that, let them upgrade their driving skills at a certified defensive driving center. Apart from the fact that this will save you on premium, it will help keep your teen and our roads safer.

4. Encourage your teen to maintain straight A’s or a minimum of B’s. Auto insurers believe students who maintain good grades are less prone to recklessness.

5. Kids who drive cars that have high safety ratings pay less on auto insurance.

6. Reduce the time your teen spends behind wheels to the minimum. Let the use the mass transit as often as possible. Lower mileage means cheaper rates. This is without counting the precious dollars you’d save on gas.

7. Teens grew up with the internet and so are usually very good at finding their way around it. Let this be used productively on lowering your rate…

More often than NOT, your teen will more gladly shop for auto insurance quotes from a wide range of insurers. They have more time on their hands and are definitely more comfortable with the internet.

Let them know that you’re looking for the best rate that also gives you the right protection. They’d have to get and compare quotes from five or more quotes sites (Could be a pain for you to do but quite easy for the average teen).

Let them shortlist the most affordable quotes. You can easily check this list to ensure you have the best in price and value. If done right, you could save over a thousand in premium dollars by doing this alone.