How parents car insurance can impact young drivers costs in the U.S.:
As a young driver in the U.S you could reduce your insurance policy just by joining your parents car insurance policy. Since insurance companies very often tends to view young drives as a high risk since they dont have so much experience, which gives higher premium.
However, by adding a young driver to an existing family plan, parents can take advantage of multi-driver discounts and other benefits, making it more affordable for young adults to access necessary coverage. Parental policies is very often including options that isnt available or could be more costly for the young new driver. A good student whit a GPA above the specific level that the insurance companies demands could get a good discount from the insurers.
It could also be a discount for the young driver that completes a drivers education course or defensive driving program.
It´s very important that parents compares their insurance, adding a young driver could even increase the familys premium. Parents also need to think of repercussions if there would be a accident, if the young driver would be the fault, it could increase the premium for the policy.
To sum it up, being a part of the parents policy is a good way for young drivers to save some money on the insurance. But first the family should think of the risks and benefits that comes whit his option.