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Haddock & Associates Insurance Services Blog

All You Ever Wanted to Know About Insurance

Teen Drivers: It Affects Your Premium

Check out this article about teen drivers!
http://www.insurancejournal.com/news/west/2014/09/19/341156.htm

Adding a teenage driver to a married couple’s car insurance policy leads to a 79 percent higher average annual premium, according to a new insuranceQuotes.com report. Teenage males (+92 percent) are much more expensive to insure than teenage females (+67 percent). The good news is that the premium increases decline each year, from 96 percent for 16-year-olds to 58 percent for 19-year-olds.


Yikes! Better call us if you are adding or have recently added a teen driver. Let us see if we can help!

-Scott Peterson: Sales Executive at ISU-Haddock & Associates