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Teen Drivers Lead to Higher Car Insurance Costs

Monday, September 15, 2014

Adding a teenage driver to a married couple’s car insurance policy leads to a 79 percent higher average annual premium, according to a new report. Teenage males (+92 percent) are much more expensive to insure than teenage females (+67 percent). The good news is that the premium increases decline each year, from 96 percent for 16-year-olds to 58 percent for 19-year-olds.

The most expensive state to insure a teenage driver is New Hampshire, where the average premium spikes by 111 percent. The Granite State is one of seven states where premiums more than double after adding a teen driver to the policy. The others are Rhode Island (+107 percent), Maine (+107 percent), Wyoming (+106 percent), Connecticut (+102 percent), Illinois (+101 percent) and Oregon (+101 percent).

Get the best rates, from top rated companies at takes the lead in providing access to the best companies that provide Auto Insurance for the Latino Community℠. With access to the top auto insurance providers in every state, makes it easy for anyone to find low cost auto insurance on line using the Internet access device of your choice.


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