How to Secure a Low Car Insurance Rate for Your Teen

Posted: Thursday, March 31st, 2016

If you have a teenager, you already know that the cost of auto insurance can be high. So, how can you find the best cheap car insurance for teens that will give you the coverage you need without breaking your budget? The experts at Green Light Auto Credit have the answer. Learn about it here, then fill out our convenient no-obligation finance form to see how much you can save on financing, too.

What Factors Do Insurance Agencies Consider for Teen Drivers?

When considering the cost of car insurance for teens, agents look at a number of factors. Some of these are obvious, like driving history, experience, and the type of car you drive; but some may surprise you, like your student’s grades, gender, where you park your car when not in use, marital status, and even occupation. Any and all of these factors can affect how much your teenager’s car insurance policy will cost in the end.

How Can You Get Cheaper Car Insurance for Your Teen?

There are a few simple things you can do from the outset to help your teen get a low rate on their insurance, and to help keep costs under control:

  • Choose a Safe Car. A sedan with plenty of safety features will save you big on insurance costs.
  • Limit Driving. While your teen is learning, it is best that they limit driving to only what is necessary.
  • Take a Course. Teens can benefit financially and academically from a driver training course that will provide experience and lower premiums.
  • Get Good Grades. Most insurers offer a good student discount for teens with high GPAs.

Talk to your insurance agent about other discounts your teen may qualify for — after all, managing to get cheap car insurance for teens can save you a lot of money in the long run!.
Answers to Car Insurance Questions

If You’re Buying Your Teen’s First Car, Let Green Light Auto Credit Help

Green Light Auto Credit can help you and your teen find the right car at the right price and secure low-interest auto financing with our no-hassle auto loans. Stop by and get started with our no-obligation loan application and see how easy it is to get finances with us.

Green Light Auto Credit Can Teach You About the Best Cheap Car Insurance for Teens

Learn about the best car insurance for teens when you finance through Green Light Auto Credit. Contact us today at (800) 200-5551 to learn more or to find a location near you.