Affordable Auto Insurance Trick Saves Teens With Accidents
Are you tired of skyrocketing insurance premiums after your teen's accident and eager to discover affordable solutions that can help you save money while still providing comprehensive coverage? Browse options and explore the insights below to uncover strategies that might just be the answer you’ve been searching for.
Understanding the Cost of Teen Auto Insurance
Teen drivers are statistically more likely to be involved in accidents, which often results in higher insurance premiums. According to the Insurance Institute for Highway Safety, young drivers have crash rates nearly four times higher than those of older drivers1. This increased risk translates to higher costs for families insuring a teenage driver. However, there are strategies and options that can help mitigate these expenses.