3 Tips to Help Teens and Families Save on Auto Insurance

Nationwide provides discounts and options to help you control your costs.

When you add your teen driver to your insurance policy, your premiums will go up. You might not realize how many discounts you may be able to capture to keep that increase as low as possible, though.

At the same time your teen applies for a learners permit, speak to your Nationwide agent about your family’s insurance options. Ask about discounts for teens as well as general opportunities to offset some of the increase in cost. Here are three ideas to get the conversation started.

1. Good Student Discount. Nationwide offers up to a 15 percent discount on auto insurance when your teen maintains a B average or above. Ask your agent whether you can take advantage of an additional discount after your child completes an approved driver’s education course.
    
2. Family Plan. If the adults in your household are earning discounts, why not apply them to other drivers living in your home—including your teen? Family Plan allows you to share your discounts—saving you up to 25 percent on your auto insurance premiums compared to other companies.
    
3. Vanishing Deductible. Being rewarded for driving well just makes sense. When you sign up, you’ll get $100 off your deductible, and another $100 for each year of safe driving after that.

Putting a teen behind the wheel can be stressful and expensive—as well as exciting. Talk to your agent about reducing your stress and your costs. That way, you can focus on the fun part.