If you happen to be a newly licensed driver’s parent, you would probably be shopping for auto insurance for your teenager.  Teenage drivers are inexperienced in driving on the roads.  Statistics have proved that teen drivers are more likely to get involved in fatal crashes than drivers of older age. More often teens are known to drink and drive. Being well aware of these facts, the insurance companies price their auto insurance policies for teenagers placing them in the high risk category.  This is because of the high incidence of fatal crashes they cause as is evident from records of many years. So when you add your teenaged son or daughter to your insurance policy there is no need to say there is going to be a significant increase in your premium. The cost of auto insurance for teenager will increase your rate. Your premium rate will increase by 50 percent for including a girl on your auto insurance policy and adding a teenaged boy means your rate will double.  Finding affordable rates for your teenage driver may be tricky and nearly impossible but you can lower the rate by using many of the following tips. 

1. You can keep your teen age driver on your own policy rather than buying a separate policy. This way you can avail the facility. Some insurance plans offer rebates for including more drivers or vehicles to your policy. Teenagers can benefit when added to their parents’ policy, for owning a home, owning many vehicles and being married and so on.
2. If you are buying a separate teenage auto insurance policy for the teenager, there may be restrictions to control and reduce the risk. They should not drive after dark, driving is allowed only for going to and from school.
3. Shop around and compare the rates of at least five different insurers to choose the best one that suits your and your teenager’s needs.
4. Insurance companies prefer vehicles with high safety ranking. So get a safe car, which means an older and inexpensive car to reduce the premium. Sports model cars cost high on premiums.
5. Keeping a clean driving record can also lower the rate of teenage auto insurance.  Having a driving record without any traffic violations, accidents or speeding tickets over a time can impress your auto insurance company to the extent that they reduce the rate.  So you can lower the cost of your teenage auto insurance rates by encouraging your teen to drive safely not only to achieve a clean driving history but also to save their and other’s lives and assets.
6. There are discounts available for taking safe driving classes and this is one way to get a lower rate.
7. If your teenager is a good student with high scores you can avail a Student discount on that count. This will lead to a lower rate of teenage auto insurance.
8. You can think of adding your deductibles when you buy collision and comprehensive auto insurance as it can reduce the rate significantly.
9. Insist that your teen drives a bigger and older car as they would reduce insurance costs substantially.  While bigger cars have more safety devices the older cars have less collision and comprehensive coverage lowering the cost of teenage car insurance to a great extent.