Curious About Car Insurance for Teenage Boys

Mom of 4 and I currently have 3 drivers under age 24. We have 5 vehicles and 5 drivers. Allstate was very expensive at $2000.00 per child per year all with no accidents. Shopping around I ended up with Geico who charged $3700.00 for 5 drivers on 5 vehicles.

A lot has changed since I started driving hummm well a long time ago. No lower rates for insuring girls so your son isn't going to be paying more money because of gender. No discount for sending your kid through drivers ed. There is a good student discount.

W., the amount YOU pay in car insurance doesn't have to change one bit as long as your son has a part time job and pays the difference. :)

My SIL is currently shopping for car insurance for my teenage nephew--shocking news to her was how it can vary from town to town--a few different agents confirmed the town they live in raises the premium versus if they lived in a neighboring town--I think this may have been based on a statistic of a higher percentage of teen accidents in that town over the years. So apparently it can really vary!

Call around to different insurance companies for rates. You can put hiim onto your policy, probably cheaper than getting his own policy. Also, some companies give discounts for things like good grades. It never hurts to ask. Insurance companies are all different, but my insurance only went up about $70 per month when I put my daughter on the policy (she's now 21). My 2nd daughter will have to be added soon because she is also 16 and has her permit but I haven't added her yet so I'm not sure what it's going to cost me.

It will go up a lot unfortionatly but have him take the defensive driver class. Also if you and anyone else on your policy take it you will each get a discount. Also do comparison shopping and don't just pick one because it is a major name. We use Geico and pay a lot less than we would with Allstate for the same and in some parts better coverage. My parents also have Geico and when they had an accident the company was very thourough and quick. My father was very impressed. They may not be the best coverage for you but if you go to the different companies web sites you can "create: your own insurance and get a quote. A.

There's a commercial on tv right now about a boy that drove recklessly and hurt someone, they sued and the parents lost everything. This can really really happen. Even though I am sure your son is very reliable, stuff happens with kids. I am suggesting you take out an umbrella policy to cover any event along with car insurance. Its really cheap if you get it from your usual insurance company. Also since he is 16 make him get a job to pay for the extra costs.

I have daughters, but at 16, it makes no difference. We put my daughter on the insurance as a part time, low mileage driver when she got her learner's permit. I added her as a driver for my car only. We didn't list her a a driver on my husband's car, and we didn't buy her her own car.

We have Met Life,and the cost went up by $960 per year. We got discounts when she took her 5 her course, and also got what they call a "good student" discount. When she left for college we change to an "away student" policy and saved $300. I like having her in college!

Hi W.,

My 16 yr old son just got his license in August. We have 3 cars and 4 drivers in the house so he's considered a part time driver on one of the vehicles. It's costing us an additional $360 per six months. we looked in to getting him his own car, which would of course remove the part time status and the rates were close to $900 per six months. Driver's ed classes no longer count as an insurance discount, the discounts are based on "good student" standing - maintaining a B average or better( which mine does so imagine the rate without!) Hope this helps! J.