Monday, November 1, 2010

Insuring Teenage Drivers

Interesting article from the NY Times today, titled The Cost of Insuring Teenage Drivers.

"When a teenager is added to the parent’s policy, according to the study, the annual insurance premium for a one-car family typically increases 44 percent, while for a two-car family it generally jumps about 58 percent and for a three-car family, about 62 percent. This is because drivers ages 15 to 19 tend to get into more accidents than older drivers and have little driving experience."

No comments:

Post a Comment