Z Cherry Blog

You Can Save on Car Insurance for Your Teen

December 25th, 2008

If you are looking for car insurance quotes for your newly minted teen driver, expect to pay out a lot of money. However, there are still ways to save some money on the insurance rates. A driver’s age and driving experience are the two main factors that insurance companies use to determine rates. They measure the amount of assumed risk that they have for carrying a young driver on a policy. Still, parents can receive discounts based on their driving and renewal record with the carrier. Also, some carriers offer discounts if your teenager maintains a certain grade point average while in school.

Entry Filed under: Business