Even though car insurance premiums vary from state to state and individual to individual they all have one thing in common. They tend to skyrocket when teenage drivers are added to parents’ policies, regardless of insurer.

For instance, adding a teenage son to the family insurance policy often results in a whopping rate increase, an increase many times in excess of 100%. This is usually a rude awakening for parents insuring a teenage son or daughter for the first time.

Here are some of the reasons why insurance premium increase so dramatically.

1. Teen drivers are inexperienced

Driving a car is like any other acquired skill. It calls for practice, effort and time before becoming proficient. Teen drivers often lack this proficiency as they’ve only been behind the wheel for a few hours in driver training and have not, in many instances, encountered a sufficient number of real driving conditions to safely handle the vehicle. Continue reading →