Car insurance for teens doesn’t have to be expensive. Coming in to top our list of the most affordable insurance company for families who have a teen driver on their policy is USAA. With annual premiums roughly 37% cheaper than the average of the cheapest 15 companies, customers on average pay only $1,239.93 a year. It also provides tailored discounts for your teens, regardless if they are just learning or have been on the road for a year or two. To top it off even more, it scores high in customer service–making it a great fit.
- Driver Training Discounts. Your kids who are 21 or younger can take a course to receive a discount on his/her auto insurance.
- Good Student Discount. If your teen gets good grades, you’ll get a discount on auto insurance.
- Family Discounts. Get up to 10% off for loyalty to USAA.
- Accident Forgiveness
The one catch is that USAA’s auto insurance is only available to military members and their immediate families, so it may not be an option for you.