Finding the right car insurance for teenagers is crucial for both peace of mind and financial protection. While auto insurance for teens can be pricier due to their lack of driving experience, GEICO is here to help you find the right car insurance rates for your new driver.
As parents and young drivers navigate the roads together, understanding the unique considerations and options available can make all the difference. From exploring coverage tailored to inexperienced drivers to accessing resources aimed at promoting safe driving habits, our insurance solutions are designed to support teens and their families every mile of the journey.
DriveEasy offers discounts on car insurance premiums by monitoring safe driving habits through the GEICO mobile app.
Join the 260,000+ teen drivers that have enrolled in DriveEasy already, 75% of which received a discount after renewal!
Car insurance for new teen drivers can be costly due to their limited driving experience and higher accident rates. You can save money by adding your licensed teen to your existing car insurance policy and extending your coverage to them.
Your young driver could also qualify for these money-saving discounts.*
*Discounts available in most states.
Data collected from drivers shows teens spend 55% more time directly handling their phone while driving! Work with your teen to improve their safe driving skills by reducing their distracted driving time.
Car insurance for teens and new drivers tends to have higher premiums because younger drivers statistically pose higher risks.
Teenage car insurance premiums are also impacted by whether they purchase a separate policy or are added to an existing one. When teens are added to policies as drivers, they can typically secure lower rates.
When determining insurance premiums for teen drivers, GEICO considers individual factors such as age, driving record, and type of vehicle. However, we offer discounts and personalized solutions to help mitigate expenses and ensure comprehensive coverage for your teen.
While rates typically decrease as teen drivers gain experience and reach milestones like turning 25, individual circumstances vary. Factors like driving record, vehicle type, and coverage choices influence rate adjustments. Maintaining a clean driving record and completing driving courses can help lower premiums over time.
For parents, it's important that your teen driver has the proper amount of car insurance coverage before they get behind the wheel. Luckily, adding them to your auto insurance policy is easy. It may also be cheaper than getting them a new policy of their own. Contact a GEICO agent when your teen gets their permit or driver's license to get a quote for a new driver on your policy.
GEICO makes it easy to move a teen or young driver to their own auto insurance policy. We can apply discounts they qualify for and give them the benefit of their experience on an existing policy. They'll also continue getting the same great customer service. We are here to help—from making a policy change, filing a claim, or even just asking us a question.
When adding a teen driver to your policy, your existing car insurance coverage extends to them. To ensure adequate protection for every driver’s unique circumstance, you can differentiate your coverage based on the vehicle your teen driver uses. Older vehicles, for example, typically carry lower coverage limits to reduce costs, while newer vehicles typically have higher limits. With GEICO, you can confidently insure multiple drivers while staying within budget.
Consider the type of car: Young drivers are inexperienced and should never be allowed to drive high-performance cars. Keep in mind, too, that insurance costs are lower on more conventional vehicles.
Review your deductible: This applies to all drivers, not just young teen drivers. Increasing deductibles, which results in sharing a greater portion of any comprehensive or collision loss, can reduce auto insurance premiums. Again, check with insurers to find out exactly how much is saved by increasing the deductible from, say, $200 to $500 or even $1,000.
Drop some coverage: Consider dropping collision and comprehensive coverage for an older car, your teenage driver might be using. Policies will only cover the current value of the car.
Experience helps teen drivers stay safe on the road. Experience also helps share a responsible attitude about driving. Responsible driving could help keep your car insurance rates low. We've compiled some helpful resources to get teens and parents started.
Disclaimer:
GEICO invites driver's education, law enforcement, civic and community organizations that provide education on highway and traffic safety to download a supply of our materials at no cost. For a complete list of brochures and presentations, please visit our Auto Safety Library.
GEICO contracts with various membership entities and other organizations, but these entities do not underwrite the offered insurance products.
Some discounts, coverages, payment plans, and features are not available in all states or all GEICO companies. Discount amount varies in some states. One group discount applicable per policy. Coverage is individual. In New York a premium reduction may be available. GEICO may not be involved in a formal relationship with each organization; however, you still may qualify for a special discount based on your membership, employment, or affiliation with these organizations.
