Teenagers are risky drivers who are very expensive to insure but rates for insuring teens have come down, according to a report from online auto insurance site insuranceQuotes. The study found that U.S. families who add a young driver to …
Eighteen year-olds pay an average of 18 percent more for car insurance if they sign up for an individual policy as opposed to remaining on their parents’ policies, according to a report from online seller insuranceQuotes.com. The difference in premiums …
Parents pay an average of 80 percent more for car insurance after adding a teen driver to their policy. The highest jump in premiums—96 percent—comes from placing a 16-year-old driver on a policy while the average impact decreases to 60 …
