How much is insurance for new drivers? The average cost to add a 16-year-old driver to a parent’s policy is $6,874 per year, according to our analysis. The cost of car insurance for a new driver ...
Forbes contributors publish independent expert analyses and insights. Jim Gorzelany is a veteran automotive journalist. Adding a 16-year-old driver to an auto insurance policy in the U.S. will cause ...
Earning a driver’s license is a milestone moment, but for young drivers or their parents, it comes with a hefty price tag. Parents adding teen drivers to their car insurance policy pay 90% more than ...