Finding good rates to insure a teenager may be a difficult task. First, we have to think about how insurers base out rates depending the risk.
Statistically speaking the drivers age has a direct impact on the amount of claims due to accidents reported to insurance companies. The ages from 16 to 24 are the ones which are going to be high rated by insurers. Of course, someone who is 24 with no accidents will pay less than a 16-year-old with no accidents; however, the big drop on rates is when you turn 25.
The national averages for insurance rates with teenagers as drivers can be as high as $500 per month for full coverage and $300 per month for liability only
Unfortunately, because of these high rates there are many people whom simply decide not to have them added as drivers and/or not disclose them as household members either; this may have an adverse effect if the unlisted driver has an accident, depending on your policy this can result on a claim denial.
Here at RILAX we have many options to check what will be the best way to have your teenager be covered at a not so expensive rate. We work things out such as giving discounts as the good student discount and many other options.
To get a quote and get the best rates for your son. So please contact us.