How much is car insurance for a 16-year-old in Wisconsin?

It costs an average of $ 1,461 per year to add a adolescent to your car policy policy – an increase of 173 % compared to the average driver ‘s agio. The exact total your insurance will go up depends on many factors, including where you live, your driving history, and your credit score.… read fully answer The most low-cost means to cover a adolescent is to add them to your policy sharing the class car. Adding both a adolescent driver and a newly vehicle to your policy would be more expensive than fair 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 way more expensive to get your adolescent an individual policy, freestanding from your own, because sharing a policy with a more have driver brings rates down.

Below you can see how adding a 16-year-old driver to an existing policy compares to paying for a classify policy. Quotes wear Geico coverage and a 2014 Hyundai Sonata that is shared between the primary policyholder and the adolescent driver .

monetary value of Adding a adolescent to Car indemnity

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

40’s

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

notice : sample quotes are based on a 16-year-old driver. Having a young driver on the policy can have drawbacks for the chief policyholder. Because your policy will pay for their claims, your adolescent ’ south driving habits become separate of your indemnity 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 likely 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 ’ s coverage. Plus, you may be eligible for extra discounts if your child has good grades, attends driver education courses, or takes a defensive drive class. Most car indemnity 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 learner ’ randomness permit, your adolescent should be typically covered by your policy with no action necessity on your separate. But arsenic soon as a adolescent driver is licensed, you ’ ll need to add them to your policy or prove that they are either see or permanently residing elsewhere .show less

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