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A recent Bankrate study on cheap car insurance for teens found that 16-year-old drivers faced some of the most expensive car insurance premiums of all age groups. When added to their parents ...
According to MarketWatch, full coverage car insurance for teens is, on average, 206% more expensive than the national average estimate of $1,730, and it can even be up to 485% more expensive than ...
How can I lower car insurance costs for my teen driver? Fortunately there are ways to lower your insurance costs even with a teen driver. The most effective way is to take advantage of any and all ...
A recent Nationwide Mutual Insurance Company found that households shell out an average of nearly $3,100 each year to allow their teens to drive, and some $800 of that, on average, goes for ...
For example, the average cost of car insurance is $2,542 per year for a full coverage policy, but an 18-year-old driver on their own policy pays an average of $7,499 per year for the same coverage ...
Teen drivers tend to pay the highest rates for car insurance, especially if they’re on a standalone policy. Premiums typically decline through young adulthood, with a sharper decrease after age 25 .
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