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Adding a teen driver to your car insurance policy will likely increase your rate. A recent Bankrate study on cheap car insurance for teens found that 16-year-old drivers faced some of the most ...
Adding a mature driver in their 30s to 60s may pump up your six-month premium by $100 to $200, while adding a teenage driver typically increases your total for a six-month policy by $800 to $1,000 ...
As a young driver, your car insurance is typically more expensive than the average. ... Premiums can increase as much as 130% or more when adding a teen driver. When you obtain your own policy ...
The insurance premium a motor vehicle owner pays is usually determined by a variety of factors including the type of covered vehicle, marital status, credit score, whether the driver rents or owns a home, the age and gender of any covered drivers, their driving history, and the location where the vehicle is primarily driven and stored.
Here are the factors that, with the addition of a young driver, will influence your insurance policy. Before your teen driver starts to learn behind the wheel, your car insurer will want to know ...
As any parent of a newly licensed teenager knows, insuring a young driver can be a budget-busting affair. Recent data reveals that the expense of adding a teen to an auto insurance policy has ...
The Georgia Electronic Insurance Compliance System or GEICS is a database of all motor vehicles and the current liability insurance carried by their drivers in the U.S. state of Georgia. It was created by the Georgia General Assembly (the state legislature ) during the 2002 session, to cut down the rate of uninsured motorists .
Adding other drivers to a car insurance policy. ... such as a newly licensed teen driver, it is a good idea to add them to your policy, even though this may increase the cost of your coverage. ...