Ways to Lower Your Car Insurance as a Young Driver

1. Compare quotesPrices for the same driver can differ a lot between insurers. Get at least three to five quotes and repeat every year.

2. Good student discountMany insurers reward full-time students who keep a B average, often a 3.0 GPA. Send your transcript when you apply.

3. Stay on your parents' policyBeing added to an existing policy is often cheaper than buying your own. Ask the insurer how to add a young driver correctly.

4. Choose your car carefullyA used, safe, modest car is usually cheaper to insure than a new, powerful or sporty one. Check the insurance cost before you buy.

5. Defensive driving courseSome insurers discount the premium after an approved course. Availability depends on the insurer and your state.

6. Telematics programAn app or device tracks how you drive and safe habits can earn a discount. Read the terms first, because some programs can raise your rate if the data looks risky.

7. Student away at schoolIf you attend college far from home without a car, you may qualify for a lower rate on your parents' policy.

8. Higher deductibleA higher deductible lowers your premium, but only choose an amount you could pay out of pocket after an accident.

9. Drive fewer milesLow-mileage discounts reward people who commute less or mostly walk and use transit.

10. Bundle policiesInsurers often give a discount if you buy renters or other insurance from the same company.

11. Pay in full and use autopayPaying the whole term upfront or setting up automatic payments can remove installment fees and earn small discounts.

12. Keep a clean record and no gapsAvoid tickets and accidents, and do not let your insurance lapse, because a gap can raise your price later.

Ways to Lower Your Car Insurance as a Young Driver

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