Car insurance rates for teenage drivers are very costly. Fortunately, whether you are a teenager who has not driven or insured a car before or the parent of a teenage driver, there are steps you can take to lower costs. Here are several of them.

Advice for teens

To ensure that your parents don't pay too much for your auto insurance, one thing you could consider doing is to get and maintain good grades. One discount given by insurers is good student discounts. This is because insurance providers generally believe that good students are responsible drivers and are thus less likely to make a claim. Eligibility requirements vary so you need to ask your insurance provider concerning this discount feature. In many instances, you should be between 16 to 24 years old to be considered and you must be a full-time high school or college student. You also must maintain a minimum B average. You will likely have to give evidence of academic achievement, such as a current grade card. If you are homeschooled, you may show the results from a standardized test just like the PSAT. Good student discounts can cut a large amount from insurance fees. Although the amount you save from such discount differs from carrier to carrier, there are some insurers who can offer you as much as $300 discount a year.

Attend driver’s education course - This is one of the top money savers on car insurance for teenagers. Some states require driver’s ed, others don’t. If your state does not require you to take this course before applying for a license, you are strongly encouraged to attend such. Need to know how much is auto insurance for a 17 year old? Get a quote here.

Don’t demand a sports car - Flashy sports cars are without a doubt desirable but they are also costlier to insure. You can always upgrade to a more advanced car once you are older and can afford to pay for your own insurance but while you're financially dependent to your folks, choose a more sensible ride.

Suggestions for parents

Check out multiple vehicle car insurance - Adding another car to your policy can make you eligible for a discount. In addition, you can take advantage of multi-policy discounts. You can expect to get a discount if you get auto insurance and home insurance if you obtain them from the same insurer. You may get an extra discount if you apply for an umbrella policy, which offers extra liability coverage beyond your car insurance limits. If you are looking for cheap auro insurance rates, go to this link: http://www.carinsurancenets.com/

Double your deductible - This is a guaranteed way of reducing your premiums. Consider increasing your deductible to bring down premiums. Just make sure that you can afford to pay the higher deductible when you need to.