Tag: insurance

  • Adding a 17-Year-Old to Your Car Insurance: A Costly Endeavor

    Adding a 17-Year-Old to Your Car Insurance: A Costly Endeavor

    Adding a 17-year-old to your car insurance policy is a significant financial decision. Due to their inexperience, young drivers are considered high-risk by insurers, leading to increased premiums. This article delves into the factors affecting the cost, potential savings, and alternative options. Why is Insuring a 17-Year-Old So Expensive? Statistical Risk: Insurance companies rely on…