If you're the parent or guardian of a teen driver, you know how important it is to have good car insurance. And we know how stressful and expensive it can be having a teen driver in the household. Fortunately, you can find the best teen insurance without spending a mint. Here's what to look for:
Our Good Student discount makes us one of the best teen insurance choices
Studies show that students with higher grade point averages are typically better drivers and more responsible. If your full-time student teen driver earns a B average or better at school, your student may qualify for up to a 15 percent discount.
Three great options for powerful protection
The best teen car insurance carries these coverage options for maximum protection:
- Collision coverage helps pay for damage to your vehicle if the driver hits (or is hit by) another vehicle, or the vehicle rolls over.
- Uninsured or underinsured motorist car insurance pays for covered repairs to your vehicle if it’s damaged in an accident by an underinsured, uninsured or unidentified driver.
- Rental car reimbursement covers the cost for a rental car or other transportation, such as bus or subway, if the insured car cannot be driven due to an at-fault accident.
Accidents can happen to even the most careful teen drivers, but the best car insurance for young drivers will help hold down costs if that happens.If you purchase Nationwide's Accident Forgiveness, your teen's insurance rates will not go up after the first at-fault automobile accident. This can be a significant savings for you.