Definition: Teenage driving insurance refers to a type of insurance coverage that provides financial assistance for parents or guardians who are responsible for paying for children's car insurance, particularly if their children are under 16 years of age. The term "teenage" in this context typically means someone younger than 20 years old. In the United States and other countries, this is often applied to individuals aged between 13 and 17, but it can be extended to all minors who are under 18 years of age (including teenagers). The insurance policy for teenage drivers typically covers a range of costs associated with driving, such as accidents, damage to the vehicle or personal injury. It may also provide coverage for medical expenses related to injuries sustained while driving. In many countries, teenagers may be eligible for additional discounts or other forms of assistance if they have made significant progress in their education or employment. Teenage insurance policies are typically underwritten by companies that specialize in providing financial support to young people and families, such as the Car Insurance Company or The National Auto Club (NAC).
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