Cutting Teen Car Insurance Costs
Car Insurance Costs. Getting a driver's license is a big milestone for teenagers and their families but along with that landmark is the worry of skyrocketing insurance premiums consumer reports research shows that adding a team to your car insurance policy doesn't have to break the bank here's Jennifer crowds and consumer matters sixteen-year-old Kylie Shockers father daren is looking forward to her being able to drive on her own but he's dreading the surge in his car insurance premiums you know just gonna have to work more paperwork and eventually.
When I won't man she could pay my shows consumer reports exhaustive study of insurance rates down just how high rates go up when you added team driver researchers checked premiums for a simple family 55 year old couple who adds a 16 year-old driver their policy the average increase when you add a teen driver is ninety percent more than what you already paying but the size of the increase really depends on where you live and which ensure you use the biggest increase for a teen driver was in North Carolina 159 percent that's more than $1,600 extra per year the smallest increase was in Hawaii 16% an additional three hundred and twelve dollars per year for you a teen drivers here policy it pays to shop around rather than just accept whatever increase your insurer charges.
We found that prices can vary dramatically depending on the insurance company for instance in California that simple family would see an increase of around thirty four hundred dollars a year with Allstate indemnity but only nine hundred and five dollars a year they switch to auto club insurance and there's another way to save most insurers in most states do offer discounted families with students who can show proof of good academic performance be sure to check with your insurer to see if your team qualifies for this discount Jennifer crowds news channel 54 Consumer Reports single-family the good student discount averages $263 a year and if your team takes a driver's education course the average savings is $63 per year
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