The bottom line is that it’ll be hard to find cheap car insurance with kids. You may be able to get more affordable rates by adding your teen driver to your auto insurance policy, especially if they have their own car. Many insurers offer multi-car discounts.
You may want to consider a telematics insurance program for your young driver as well, but keep in mind that new drivers usually make the most mistakes on the road. If your kid doesn’t have safe driving practices, a telematics program may actually make your insurance rates go up.
Top Auto Insurance Recommendations
When you’re looking for the cheapest car insurance with kids, we recommend comparing quotes from a few providers. State Farm and Geico tend to have some of the lowest teen car insurance rates on the market.
State Farm: Editor’s Choice
J.D. Power score: 882/1,000
AM Best financial strength rating: A++
Better Business Bureau (BBB) rating: A+
Telematics programs: Drive Safe & Save™ and Steer Clear®
State Farm is the largest insurance company in the country thanks in part to its affordable rates. The company also offers car insurance discounts that can be helpful for families with teen drivers. These include defensive driving course discounts, multi-car discounts and good student discounts.
State Farm’s good student discount can lower premiums by up to 25% for full-time students who maintain a B average. If you have a college student away from home without their vehicle, you can save money with a student-away-at-school discount.
State Farm has two telematics programs, one of which is designed for drivers under the age of 25. The Steer ClearⓇ program offers driver training lessons that can get you lower rates.
Keep reading: State Farm insurance review
Geico: Affordable for Most Drivers
J.D. Power score: 874/1,000
AM Best financial strength rating: A++
BBB rating: A+
Telematics program: DriveEasy
Geico offers consistently low rates in comparison to most other national insurers, which makes it ideal for families with younger drivers. Teen drivers especially have many discount opportunities with Geico. The company’s good student discount offers young motorists up to 15% off their premiums for maintaining good grades.
If you take a defensive driving course, you may save even more money with Geico. The company also has a telematics program, DriveEasy, which lowers rates for safe drivers.
Keep reading: Geico insurance review
Cheapest Car Insurance With Kids: FAQ
Below are frequently asked questions about the cheapest car insurance with kids.
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.