Auto Insurance for Teen Drivers

Helping Teen Drivers Save on Auto Insurance

CanDo Insurance understands that having a teen driver in the family can be both exciting and nerve-wracking. We’re here to help you navigate this milestone with comprehensive auto insurance coverage and various programs and discounts designed to make insuring your teen more affordable.

Why Teen Drivers Need Special Attention

Teen drivers are often considered high-risk due to their lack of experience on the road. This can lead to higher insurance premiums. However, there are several ways to help reduce these costs while ensuring your teen is well-protected.

Programs and Discounts for Teen Drivers

• Good Student Discount
  • What It Is: Many insurance companies offer discounts for students who maintain good grades.
  • Benefit: Teens with a B average or higher can qualify for reduced premiums.
• Driver Training Discount
  • What It Is: Completing an approved driver education course can make your teen eligible for a discount.
  • Benefit: This helps teens develop safe driving habits and can lower insurance costs.
• Safe Driving Programs
  • What It Is: Programs like Snapshot ®, Drivewise®, or Steer Clear® provide feedback on driving habits and reward safe driving.
  • Benefit: Encourages teens to drive safely, and can lead to additional savings.
• Distant Student Discount
  • What It Is: If your teen goes to school more than 100 miles away and doesn’t take a car, they may qualify for a discount.
  • Benefit: Reduces premiums since the car is not being used regularly.
• Multi-Car Discount
  • What It Is: Insuring multiple vehicles with the same company can lead to discounts.
  • Benefit: Adding your teen’s car to your existing policy can save money.
• Usage-Based Insurance (UBI)
  • What It Is: UBI programs use telematics to monitor driving behavior and adjust premiums based on actual driving habits.
  • Benefit: Safe driving can lead to lower premiums, making it a great option for responsible teen drivers.
• Accident Forgiveness
  • What It Is: Some insurers offer accident forgiveness programs that prevent your rates from increasing after the first accident.
  • Benefit: Provides peace of mind and financial protection in case of an accident.

Tips for Parents

1. Set Clear Rules: Establish and enforce safe driving rules, such as no texting while driving and adhering to speed limits.
2. Lead by Example: Demonstrate safe driving habits for your teen to follow.
3. Stay Involved: Regularly discuss driving safety and review your teen’s driving habits.

By taking advantage of these programs and discounts, you can help make auto insurance more affordable for your teen driver, while promoting safe driving habits. At CanDo Insurance, we’re committed to providing personalized assistance and expert advice to help you and your family achieve financial security and stability.