Car insurance rates for teenagers are especially high because young people who have just received their driver’s licenses are the highest risk group.

This is true for two main reasons. First of all, they are young. Youth equals immaturity in many ways. Secondly, the have just received their licenses and have not built up any experience on the road.

Statistics show that the insurance companies are right to charge more for young drivers. There are more accidents by people in the 16 to 20 age group than in any other group. Thus, the higher premiums.

Car insurance rates for teenagers can be lowered in three ways. The first and most important way is to get good grades. Students with a “B” average (3.0 on a 4.0 scale) get a break from most insurance companies. These students are seen as more responsible in the primary activity in their life and are thus going to be responsible in a secondary area, namely driving.

Another way to insure young people inexpensively is to have them drive older cars and ones that are completely paid off. This means that if the car is totaled, the cost to the insurance company to pay the damage is lessened.

Finally, parents can ask their insurance agent to increase the deductable in order to reduce the cost of the policy. They can then tell their child that in order to have the privilege of driving, they have to drive safely or pay off the difference between the damage and the insurance payout.

Don’t kid yourself, even with these breaks, your car insurance rates are going to skyrocket when you add a teenager to your policy. However, following the advice in this article, you can catch a few breaks. Most importantly, the teenager should show that he or she is responsible in their driving and in other areas of their life.

Over time, young people will establish a good driving record. They will also age out of these high premiums. High insurance rates for teenagers don’t last forever after all.

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