Can I Get a Break Here? Insurance for teen drivers.(Special Report)
AutoWeek, September, 2006
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Insuring a teen driver is expensive, but a few discounts are still available to make quality coverage more affordable. Many insurers stopped offering discounts for completion of driver education programs about a decade ago, just as Graduated Driver Licensing programs were rolling out across the country.
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The premise is research showed no long-term improvement in insurance loss rates (read: damages, injuries and deaths) for traditional driver education, so the discounts were dropped. There are often discounts for students with good grades, however, because there is a statistical ...
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