If you’re a parent or guardian of a teen driver, you know how important it is to have good auto insurance. And we know how stressful and costly it can be to have a teen driver in the home. Fortunately, you can protect your child on the road at an affordable price.
Nationwide offers five coverage options to give you the best auto insurance for teens.
- Collision coverage helps pay for damage to your child’s car if the driver hits another vehicle (or is hit) or if the vehicle rolls over.
- Liability coverage can help cover damages if your teen is at fault in an accident. In fact, minimum liability coverage is required by law to keep teens and other drivers safe.
- Comprehensive coverage can help if your child is involved in an accident involving no other vehicle, such as theft, vandalism, and certain weather-related damage.
- Uninsured and underinsured motorist coverage pays for covered repairs to your teen’s vehicle if it is damaged in an accident caused by an underinsured, uninsured or unidentified driver.
- Car rental reimbursement covers the cost of a rental car or other transportation, like a bus or subway, if your child’s car becomes unusable because it was involved in an at-fault accident.
Other Nationwide Options to Offer the Best Teen Car Insurance
- Our good student discount makes us the best insurance option for teenagers. Research shows that students with higher grade point averages tend to be better and more responsible drivers. If your son is a full-time student and has a B average or better, she may be eligible for a discount.
- The accident forgiveness feature is an option that ensures your child’s insurance premiums will not increase after the first at-fault car accident. This can generate significant savings for you.
- Roadside Assistance can be helpful if your teen runs out of gas, has a flat tire, or is having car trouble. Our 24/7 service ensures your young driver won’t be stranded on the side of the road.
How much does teen car insurance cost?
Car insurance is usually expensive. It is no different for teenagers. In fact, when it comes to auto insurance, young drivers pay more than their older, more experienced counterparts.
This is primarily because teens ages 16 to 19 are almost twice as likely to experience fatal car accidents, according to the Insurance Institute for Highway Safety (IIHS).
Basically, teen car insurance should cost around $169 per month on average. The price is high because teens are also more likely to be distracted while driving.