What is the Average Cost of Car Insurance for a Teenager?

5:47 AM Posted by Jason

average cost of car insurance for a teenager"What is the Cost of car insurance for the teenagers"? This is the foremost query which crops up in your mind, while purchasing a new car for your teenage children or especially when you have a teenager who likes to drive the car. Car insurance is a must for the new drivers and you should know in advance how much it is going to hurt you.

Companies providing auto-insurance always approach you using schemes that also include youngsters’. But according to survey large number of accident take place in the hands of young drivers (under 16 years of age). So it is obvious that the auto insurance companies will jump on these opportunities loading high amount of premiums in case of these adolescents. But as they grow up, sum of premium also shrink. So the average cost of car insurance for a teenager is always going to be higher than the others. This teenage car insurance premium will burn your pocket more.

Car insurance companies would love to get customers who don’t claim upon the policy and are subsequently rewarded. This plan called as ‘no claims discount’, offers the customers considerable discount of up to 75% of the yearly premium. Although this has to be collected between 5 to 7 years of your plan. Teenagers do not necessarily involve themselves with only one company but this claim is open to several others. For example you can at a time receive 1 year no claim discount of one company, while simultaneously earning 3 year plan of another one. If you buy insurance for your daughter or son then the premium can rise to 50-100%. Generally if you pay 2000$ for your insurance and eager to have insurance for your daughter then the cost can rise by 50% and you can have to pay near about 3000$ and if you like to have your son's insurance, then the cost can rise to near about 4000$.

Number of factors controlling average cost of car insurance for a teenager -

1. The kind of car used for insurance (like engine power, age of the car etc.)
2. Driver’s age
3. How old the car is
4. Security devices (if any)
5. Your purpose behind buying the car(personal or business)
6. Mileage measured during a certain period
7. Position of your garage
8. Rank of cover involved like 3rd party or else.

Average car insurance cost for teenagers

If you like to evaluate the cost of the car insurance for a teenager by yourself, then try to have a look at different online websites and get an online quote. It will take very little time to make you endowed with the data of the average cost of car insurance for a teenager and also what you can have to pay. In this method you can gather valuable information, needed to judge the cost of car insurance for a teenager, and moreover you don't have to waste a single penny for that. This knowledge also help you to choose the right insurance company.

Some More Related Articles:
Some Factors Determining Average Cost of Car Insurance for the Teenagers
How Much is Car Insurance for a 16 Year Old?


  1. Victor A. Bueno M. said...

    so I guess now that there must be a prime for teenager at least of 15%

  2. jason said...

    hope for it dude...

  3. Anonymous said...

    Hope to update oftenly. good post

  4. Michael Tsen said...

    interesting ...

  5. Jason said...

    Thanks Andrew for the visit and comment that encouraged me a lot. It is true that I get very little time to update these but I will try to update this often so that no one find this not updated enough. Thanks

  6. GianaSmith said...

    This is really good. Good post Jason. My friend purchased a new car for his son and they were looking for a good insurance company which will help them to save money on car insurance. They have searched some of the car insurance site which really helped them and it provided the whole details of the insurance company and policies which you can opt for your car. The car insurance for teens or young drives differ from one insurance company to other but you have to check the details of the insurance company and its schemes which not only protect you and your car but also save money on car insurance too. This was really very helpful.carinsurancetemporary.co.uk