How to Lower Your Teen's Car Insurance

Teenagers Are Expensive 1 of 11

If you have a teenager who is beginning to drive, you may not have even considered the fact that they will need car insurance. While an adult's car insurance can be as low as $100/month, insurance for teens can cost thousands of dollars per year. Since teenagers have a history of reckless behavior behind the wheel, insurance companies charge sky high prices to cover these new drivers.

If your teen needs insurance or already has insurance but the costs are putting you in the poor house, use these tips to keep insurance costs down.