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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 ...
For example, the average cost of car insurance is $2,542 per year for a full coverage policy, but an 18-year-old driver on their own policy pays an average of $7,499 per year for the same coverage ...
Benefits of Adding Your Teen as an Additional Driver. Cost Effectiveness. ... One of the significant benefits of including your teen driver on your insurance policy while they have a learner's ...
Fortunately there are ways to lower your insurance costs even with a teen driver. The most effective way is to take advantage of any and all discounts. Discounts range from multi-driver and ...
In those same 10 states with the most expensive teen auto insurance premiums, the prices are vastly different for drivers once they turn 25: Delaware: $2,852 Rhode Island: $2,381
Back-to-school means lots of added costs for parents, from school supplies for K-12 children to books and tuition for incoming college freshmen. But one thing parents may not consider is how...
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