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Las Vegas parents look to save money on expensive teen auto insurance

Tips to save money on your teen's car insurance
Posted at 10:00 PM, Jun 19, 2019

LAS VEGAS (KTNV) — With summer here, a lot of teenagers may be spending their break learning to drive. While that's an exciting time for these new drivers, it can be stressful and expensive for their parents.

"We found out that our insurance is going to more than double," says one local mother, Lisa McKinnis.

Michael Geeser with the Nevada Insurance Council says it comes down to numbers. "Vehicle crashes are the number one killer among teen drivers," says Geeser. He says young drivers generally have more car accidents because they have less experience, so that's why they're more expensive to insure.

13 Action News found some ways parents can save money when it comes to their teen's auto insurance.

  1. Encourage your teen to get good grades. Some insurance companies will give 20% discounts for a B average or higher.
  2. Enroll your teen in a safe driving course. The computer-based program called teenSMART says right on their website that they offer discounts with their insurance partners.
  3. Take advantage of new technology. Some insurers will offer a 15% discount if you install an electronic device in your teen's car. Devices like Progressive's Snapshot monitor things like speed and acceleration.