This summer you may have a new driver in the family: your teen. The right insurance plan will help calm your fears. Consider these tips from the Insurance Information Institute:

Keep teens on your policy. Typically you’ll get a lower rate.

Watch out for who is assigned to what car. Many insurers may assign a teen, who is the most expensive to insure, to the car that is the most expensive.

Add some extra liability insurance. This will help you get off the hook for any damages caused if your teen gets in an accident and is shown to be negligent.

Increase your deductible. Raising this will save you money on your premium.

Shop around. Insurance companies price policies for young drivers at different rates.

MarketWatch