GEICO (which is one of the major insurance companies) doesn’t penalize you if the kid is away from home (e.g. in Israel). Indeed, one trick we learned was to have the kids get their licenses just before going to Israel. During the first year they would be listed on the insurance but only as a student away at school. When they came home, they would have a year of accident-free driving on their driving.
Of course, unless you live in a rural area, one might ask why a child nears a drivers license in the first place. It’s something of a luxury.