Insuring a teen driver is often an additional cost for many parents. Some companies require that a teenager be added to the policy upon obtaining his/her learner’s permit. Check with your insurance producer (agent) or company to determine their requirements. Many companies consider drivers under the age of 25 a higher risk, and this often translates into higher premiums.
Your child may be eligible for discounts. Ask your insurance company if they offer discounts for good grades or completed driver education courses.