Adding a teen to my auto insurance
I currently have the following vehicles insured:
– 2015 Subaru Legacy with collision coverage
– 2015 Honda CRV with collision coverage
– 2015 Kia Soul with liability coverage only
I pay around $300 a month for my insurance in Arizona. My son is turning 16 soon. What’s your estimate for how much my premiums might increase?
Adding a teen to my insurance
Adding a teen driver to your insurance can significantly increase your premium. On average, adding a 16-year-old can raise your insurance costs by about $200 to $300 per month, depending on several factors such as your location, driving history, coverage types, and the specific insurance provider. In Arizona, where you reside, the increase might be on the higher end of that spectrum.
It’s a good idea to reach out to your insurance company to get a specific quote for adding your son to your policy, as they can provide the most accurate estimate based on your circumstances. Additionally, you might want to explore any discounts they offer for good grades or completion of a driver’s education course, which could help offset the increase.