Insurance for New Drivers
For some parents, the most frightening part of having a new driver around is the increase in insurance premiums. No matter what you do, you’re going to pay extra for a teen driver.
As we mentioned in our piece on How to Save Money on Your Teen’s Care Insurance, you may find that your current insurance is no longer the most affordable provider once you add a new driver. For that reason, it’s important to get a variety of quotes before your teen gets behind the wheel. Below, we’ve done the legwork in gathering information on several major auto insurance companies, along with links to their online quote pages.
Geico:
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Offers: Auto, Motorcycle, ATV, Umbrella Policies, Homeowner’s, Renter’s, Condo/Co-op, RV, Life, Boat, Personal Watercraft, Flood, Mobile Home, Overseas, Commercial.
Features: Online Account Management, Online Claims.
Discounts: Airbag, ABS, Anti-Theft, Associate (Geico or Berkshire Hathaway employees or retirees), Daytime Running Lights, Defensive Driving Course Graduate, Driver’s Education Completion, Emergency Deployment, Military (active, retired, and reserves), Good Driver Discount (5 years with no accidents), Good Student, Hybrid Vehicle (CA & PA only), Motorcycle Safety Course, Multi-car Discount, Professional & Partnering Organizations, Seat Belt Use, Senior-Level Federal Employees, Renewal Discount, Travelink (DE only).
Available States: All states but Massachusetts.
Esurance:
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Offers: Auto, Motorcycle, Homeowner’s, Renter’s, Life, Health, Boat, Motor Home/RV, Personal Watercraft, Travel Trailer, ATV, Snowmobile.
Features: Online Account Management, Online Claims.
Discounts: Multi-car, Good Driver Discount, Safety Equipment Discounts, Anti-Theft Device, Driver Safety Course, Good Student Discount, Mature Driver Safety Course, Payment-in-Full Discount, Career-Specific Discounts (Education, Engineering, Natural Sciences).
Available States: AL, AZ, CA, CO, CT, FL, GA, IL, IN, KY, LA, MD, MI, MO, NV, NJ, NY, OH, OR, PA, SC, TN, TX, VA, WA, WI
AIG Direct:
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Offers: Auto Insurance.
Features: Online Account Management, Online Claims. All policies include the AIG Security Advantage at no additional charge, offering 24-hour roadside assistance, identity theft restoration services, and 24-hour emergency medical and travel insurance.
Discounts: Multi-car, Homeowner, Mature Driver Safety Course, Anti-Theft, Claims Free Renewal, Safety Equipment, Driver Training Discounts, Good Student Discount, ABS.
Available States: All states but Hawaii, Massachusetts, and South Carolina.
