Parents with Teenage Drivers Can Reduce their Car Insurance Costs

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Parents with Teenage Drivers Can Reduce their Car Insurance Costs

By The BIDaWIZ Team on July 12th, 2011 at 2:27 pm

Parents with teenage drivers should expect a steep increase in car insurance premiums. How much of an increase are we talking? Families with one or more vehicles can expect their monthly insurance premiums to increase at least 45% when a teen is added to their policy (source: insurance.com). But, before you tell your teen they have no driving privileges, you may want to first learn how you can reduce this cost. .

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