Average Cost Of Teenage Car Insurance

Average Cost Of Teenage Car Insurance

Average Cost Of Teenage Car Insurance

The average annual rate quoted for a teen driver is $2,267. (This average includes all liability coverage levels.) Compare that to an average cost increase of $621 for adding a teen to the parents’ policy — that means you’ll pay 365 percent more by putting the teen on his or her own policy.

A: The short answer: a lot. The exact cost depends on several factors like car make and model, coverage levels, location, and more. According to our study, it costs $193 per month to add a teenage boy and $180 per month to add a teenage girl to a parents policy. Remember, these numbers will vary for you.

Adding a teen driver to your auto insurance can get very pricey, especially in … commissioned Quadrant Information Services to analyze the cost of … driver insurance boosted the family’s annual premium by an average of 84 …

Teen boys have to contend with all three, which can make car … Toyota Camry would pay an average of $317 per month for car insurance, … her insurance, not accounting for the cost of comprehensive or collision coverage.

Find out roughly how much more it costs to insure your teenager, and … average in school are frequently eligible for car insurance discounts.