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A recent Bankrate study on cheap car insurance for teens found that 16-year-old drivers faced some of the most expensive car insurance premiums of all age groups. When added to their parents ...
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 ...
Premiums can increase as much as 130% or more when adding a teen driver. When you obtain your own policy, you are relieving your parents of the additional cost burden of having a younger driver on ...
A recent Nationwide Mutual Insurance Company found that households shell out an average of nearly $3,100 each year to allow their teens to drive, and some $800 of that, on average, goes for ...
Most people know generally that it's quite expensive to add a teenager to their auto insurance policy, but teen boys cost more to insure than teen girls. That's because statistically, boys are ...
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. ...
Car insurance rates: ... Premium increase after adding teen driver to parent’s policy. 15th – Provision of teen driver’s graduated licensing program laws. 27th – Vehicle miles traveled per ...
Pros. Cons. Multi-car policy. The more cars you add, the more you may save through multi-car discounts Easier to manage all in one place Pay one bill covering all vehicles on the policy
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