teen drivers insurance costs News

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 …

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 …