Lowering teenage auto insurance

Undated -- The Centers for Disease Control and Prevention says traffic crashes are the number one killer of teenagers.

With a risk so high teenagers are often more expensive to insure in auto insurance. There are some things parents can do to keep the cost down for the young drivers.

The Insurance Institute suggests teen drivers take multiple drivers education classes like from police and their school. The variety of lessons can over a spectrum of safe driving practices.

Parents also should not buy their teenager a powerful car with a fast engine. The faster a car can go, the more likely they will drive fast.

Also, some insurance companies take into account good school grades. Insurance companies believe that if a student has good grades they tend to be more responsible overall in most areas of life.

Every insurance company is different, so shop around. Some even offer special teen driver discounts, but require parents and young drivers to agree to follow strict guidelines.