Risk determines insurance-policy pricing, and few drivers are considered riskier than teenagers. According to Pronto Insurance: "[Teen drivers] are more prone to accidents and poor decision-making — both of which raise the potential cost of claims that need to be paid out by insurers. As a result, these added risks lead to higher premiums when insuring teen drivers." The slideshow above illustrates the five states where teens are likely to pay the most for auto insurance, based on a number of metrics compiled by WalletHub. The good news for teens (and their parents) is, there are steps that can help reduce how much youngsters pay for auto insurance. The following tips for lowering teen auto-insurance premiums are from The Zebra: |

  • Bundle multiple insurance policies.
  • Update a teen's coverage during college.
  • Increase the policy deductible.
  • Make the teen's first car "a clunker."
  • Pay the policy premium up front.
  • Look for good-student discounts.
  • Use a telematics device.
  • Shop for teen-friendly insurance providers.

"Life gets a little more expensive when your teen starts to drive," Senior Editorial Manager Susan Meyer writes for The Zebra. "But you can save a substantial amount of money when you use multiple strategies to lower your family's annual auto insurance premium." Related: |

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