texas

Teen Drivers Cause Car Insurance to Nearly Double

Parents with a teenager ready to get behind the wheel of a car should be ready to pay nearly double for car insurance.

A new survey by InsuranceQuotes.com found car insurance jumps an average of 79 percent when a teen driver gets added to the policy.

It jumps 92 percent if the teen is a boy and 67 percent if the teen is a girl. Premiums are highest for 16-year-olds.

In Texas, parents can expect an average increase of about 81 percent.

The most expensive state to insure a teenage driver is New Hampshire, where rates jump 111 percent.

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