However, if
you add teenage drivers to an adult driver's policy, the insurance will start off cheaper.
Angel didn't get his license till after he was 18 because of the immense cost of driver's training and
adding a teenage driver to the family insurance plan — it just made better financial sense for him to wait on getting a license.
Adding teenage drivers to your insurance is an expensive proposition.
So, if you live outside of Hawaii, whose laws don't allow insurers to rate age, your rates may go up between 100 to 200 percent (or more) when
you add a teenage driver to your auto policy.
Your rates may as much as double after
adding a teenage driver to your car insurance policy.
Adding a teenage driver to your car insurance policy can as much as double rates, according to one study released in 2013.
But
adding a teenage driver to your existing policy is usually more affordable than having them get their own policy.
Whether you have a less than perfect driving history, or you have recently experienced a major life event like getting married or
adding a teenage driver, consider reviewing your current policy and assess your insurance needs before renewing.
When
you add your teenage driver to your policy, make sure you ask when they are eligible to qualify for a safe driver discount.
Adding teenage drivers to your insurance is an expensive proposition.
For instance,
adding a teenage driver to an adult's auto policy in Arkansas will result in an average annual premium increase of 116 percent.
Yes,
adding a teenage driver into your policy will definitely cost extra money.
Not exact matches
Experts recommend evaluating auto insurance coverage options at least once every 6 months or any time there is a major change in coverage need like when a new car is purchased, a new
teenage driver is
added to the policy, there is a move to a new state (or even a new zip code as auto insurance rates are often very granular and can change quite a bit even from zip codes that are right next to each other), etc..
Well, at minimum every year on renewal, but you should also compare rates when you marry, get divorced, move, buy a new car, have new
teenage drivers that need to be
added to the policy, get a ticket, are involved in a collision, change jobs, or retire.
While
teenage drivers usually are associated with having high insurance rates,
adding them to a joint policy will save money in the long run.
AAA Insurance: AAA Insurance has a teen safe
driver package available that could save you up to 15 % off the cost of
adding a
teenage drive to your auto insurance policy.
Adding a Teen to Your Auto Policy The benefit of having your
teenage driver on your policy is that all your discounts will be applied to the new
driver.
Because it costs more to insure a
teenage driver due to a higher risk of accidents, you can save money by
adding the teen's vehicle to your policy.
Because it costs more to ensure a
teenage driver due to a higher risk of accidents, you can save money by
adding the teen's vehicle to your policy.