Carinsurance.com published a report on the average cost to insure teen drivers in all 50 states. Because teenagers are considered young and inexperienced drivers, insurance companies consider them to be high-risk drivers, so it costs thousands of dollars to insure them. In addition to age, other factors come into play when insurers decide how much to charge for coverage. Chief …
Average Cost to Insure Teen Drivers in all 50 States
May 10, 2016
Best and Worst States for Teen Drivers
May 10, 2016
To identify the best and worst states for teen drivers, CarInsurance.com analyzed these five teen-driving metrics:
- Number of teen driver fatalities per 100,000 population
- Effectiveness of Graduated driving license (GDL) components
- Teen drinking and driving rates
- Teen emailing/texting and driving rates
- Average annual insurance costs for teen drivers, which is a reflection of the risk level for this driving group
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