Adding a Teen Driver to Your Policy? Prepare to See Premiums Rise by 152%

·3-min read

There's reason for concern about just how much auto insurance premiums will rise when they add a teen to their insurance plan. While parents may be prepared for their car insurance costs to rise, it may still prove shocking just how much monthly costs increase when a young driver is added. According to Car and Driver, auto insurance premiums for a 40-year-old driver with full auto insurance coverage go up an average of a whopping 152% if a 16-year-old motorist is added to a policy.

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