State Farm offers discounted car insurance rates for teenagers if certain criteria are met, including if the teenager is a good student, drives safely, completes a safe driving course and drives a car with an excellent safety record or notable safety features, explains the insurer's website. Liberty Mutual also provides discounts to teenage drivers if the teenager fulfills certain requirements, including completing the TeenSmart driving course and signing a driving contract with his parents, according to the company's website.
State Farm offers reduced insurance premiums to teenage drivers who complete the Steer Clear driver program. The Steer Clear program is available in select states, and teenagers can complete the program by connecting with a State Farm broker. Teenagers can also complete the program online or on the Steer Clear mobile app, which is available for the iPhone, iPod Touch and Android, explains State Farm.
Liberty Mutual offers a driver training discount for drivers under the age of 21 who complete a qualifying training program. When a teenager completes the computer-based TeenSmart course, which is available at a reduced price to Liberty Mutual customers, he receives a discount on his auto insurance. A teenager and his parents can sign a parent-teen driving contract that stipulates the family's driving rules to earn another insurance discount, reports Liberty Mutual. Students under the age of 25 who achieve a minimum of a 3.0, or B, average also qualify for an insurance discount.
A parent can save money on his auto insurance policy with Liberty Mutual by adding his teenager's car to his auto policy, thereby qualifying for a multicar discount. A vehicle safety features discount is also available for cars with certain features such as anti-lock brakes and adaptive cruise control, explains Liberty Mutual.