Good Student Discount

• Many auto insurance companies will offer discounts of up to 25% for students that have at least a B average.
  
  

Driver's Education Discount

• Most insurance companies offer up to a 15% discount for teens that have completed a state certified driver's education course.
  
  

Insure Teenagers on Your Own Policy

• According to AMPM Insure, adding your teenager to your own policy is slightly cheaper than putting them on their own policy.
  
  

Stick To Older Cars

• By purchasing an older car for your teenager you will have to be significantly lower rates. Insurance companies make you pay less for an older car because the cost of repairing them is much lower. However, most insurance companies also want to see good crash test ratings.
  
  

Average Cost

• According to RateWatch, the average cost of teenage auto insurance is $2,171 a year.
  
  

Range of Costs

• Teenage auto insurance can range from $1,200 to $4,900 a year.