It costs an average of $ 1,461 per year to add a adolescent to your car insurance policy – an addition of 173 % compared to the average driver ‘s agio. The accurate amount your indemnity will go up depends on many factors, including where you live, your driving history, and your credit score.… read wide answer The most low-cost way to cover a adolescent is to add them to your policy sharing the class cable car. Adding both a adolescent driver and a new vehicle to your policy would be more expensive than merely adding your child as a listed driver on cars you ’ re already paying to cover. Adding a new car creates the indigence for more coverage, which costs more. It ’ s besides manner more expensive to get your adolescent an individual policy, classify from your own, because sharing a policy with a more feel driver brings rates down.Below you can see how adding a 16-year-old driver to an existing policy compares to paying for a separate policy. Quotes assume Geico coverage and a 2014 Hyundai Sonata that is shared between the primary policyholder and the adolescent driver .

Cost of Adding a adolescent to Car policy

Age of Primary Driver Primary Driver Only Add Teenager to Existing Policy Get Teenager an Individual Policy
30’s $ 817 $ 2,001 $ 4,801


$ 836 $ 2,176 $ 4,801
50’s $ 850 $ 2,259 $ 4,801

Bill : sample distribution quotes are based on a 16-year-old driver. Having a young driver on the policy can have drawbacks for the basal policyholder. Because your policy will pay for their claims, your adolescent ’ randomness driving habits become depart of your policy history. If your child gets into an accident, you will see premiums go up for everyone listed on the policy. Teens are bad drivers and four times more probably to crash, so your rates could decidedly be affected. Premiums increase for about three to five years after a claim.

On the bright side, you ’ ll be eligible for discounts your adolescent might not be, like bundling with homeowner ’ randomness coverage. Plus, you may be eligible for extra discounts if your child has dear grades, attends driver education courses, or takes a defensive drive class. Most car policy companies will require teenagers who live with parents to be listed on the parents ’ policy. If you ’ re a rear of a adolescent with a apprentice ’ south allow, your adolescent should be typically covered by your policy with no action necessary on your separate. But vitamin a soon as a adolescent driver is licensed, you ’ ll necessitate to add them to your policy or prove that they are either insure or permanently residing elsewhere .

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