It costs an average of $ 1,461 per year to add a adolescent to your car insurance policy – an increase of 173 % compared to the average driver ‘s agio. The demand total your policy will go up depends on many factors, including where you live, your driving history, and your credit score .
The most low-cost way to cover a adolescent is to add them to your policy sharing the family car. Adding both a adolescent driver and a new vehicle to your policy would be more expensive than equitable adding your child as a listed driver on cars you ’ re already paying to cover. Adding a new car creates the need for more coverage, which costs more. It ’ s besides way more expensive to get your adolescent an individual policy, branch 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 branch 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 Teenager to Car Insurance

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

bill : sample quotes are based on a 16-year-old driver.

Having a young driver on the policy can have drawbacks for the primary policyholder. Because your policy will pay for their claims, your adolescent ’ s 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 hazardous 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 ’ sulfur 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 policy companies will require teenagers who live with parents to be listed on the parents ’ policy. If you ’ re a parent of a adolescent with a apprentice ’ south allow, your adolescent should be typically covered by your policy with no action necessary on your part. But a soon as a adolescent driver is licensed, you ’ ll need to add them to your policy or prove that they are either insured or permanently residing elsewhere.

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