Finding auto insurance for young drivers can be a headache. Not only will your insurance premium go up when they are added to your plan, but when they take the car out for the evening, you will most likely stay up until you hear the car pull up safely into the driveway. On average, young drivers get into accidents 10 times more frequently than drivers aged 30 to 59, which explains why it is so costly to insure inexperienced student drivers.
Fortunately, if you do your research, you will find that quite a few auto insurance companies have special discounts for student drivers who maintain good grades, typically a B-average. Contact your car insurance company as soon as your child is going to get a learner's permit. Find out how much it will be to add the child on your existing policy, as well as how much it will be for the child to be on his or her own.
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