What is a typical range of costs for teen auto insurance?
What is a typical range of costs for teen auto insurance?
I have to say – this field is RIPE for a good consumer survey that gives some general ranges of insurance by state or region. Nearly everything online – (correction – EVERYthing) on line links to get quotes from insurers (commercial sites) . Fine, but suppose a kid is in the early stages of learning about cars and parents are new to the kid driver insurance game and they just want to get a feel for ranges of prices based on region, car type, first time driver, male/female, etc. Let's assume a modest new car in the $25,000 new range and a responsible kid with middle income family – good insurance history. The new driver is added to current parent policies. Is the range $1000 to $3000? Or narrower … $1500 – $2500.
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One Response
1.31.2010
Best Answer – Chosen by Voters I have seen insurance go up by 800-over 5,000 by adding on the first teen driver. The best bet, and easiest way to save money is to find a company that will actually let you rate the driver to the vehicle they drive and NOT the highest rated driver to the highest rated car (which is what a LOT of them do). If you can find a company that will do this, buy a car that you will not need full coverage on. This will save the most money. Source(s): I'm an insurance agent.