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 …
While motorists who commit moving violations typically pay higher auto insurance costs, how much more they pay varies significantly by state, according to a report by an online insurance seller. For example, drivers who receive a DUI charge will pay …
Homeowners with poor credit pay 91 percent more for homeowners’ insurance than people with excellent credit, according to a study by an online insurance shopping service. The report by insuranceQuotes.com also found that homeowners with median credit pay 29 percent …
