When should a teen get insurance?
In most states, when a teen has their permit and is learning to drive under supervision in the vehicle, they are automatically covered under their parent's insurance. However, the day they receive their license (even if it is a graduated driver's license) and will be driving on their own - then it's time to add them to their parent's policy.
Would it be cheaper for a teen to get his or her own policy?
Probably not. Teen drivers who are added to their parents' policy usually get price breaks based on their parents' discounts that they couldn't get on their own. The total annual premium for both the parent's policy and the teen's auto insurance policy would generally be higher than a single policy that includes all family members.
How much will my rate go up?
Adding a teen driver to an auto insurance policy could increase premiums dramatically. Of course, not everyone will see such a sharp increase. If your premium does go up, there may be ways to offset some of that cost.
How can I save money?
There are three easy ways to save: