Auto insurance is expensive enough but when you add a teenage driver to your policy don’t be surprised to see your insurance rates skyrocket. Unfortunately, young drivers are always going to cost more because they are viewed as a higher risk by insurance companies. The good news is there are ways to reduce those costs.
Before you purchase your next auto insurance coverage, look over your policy and check your coverage. Many people don’t understand all the names and numbers that they see so it’s best to review the policy a bit.
The first part of the policy statement of coverage covers the damage to your car. The coverage has two sections, comprehensive and collision. Both have a deductible, an amount you pay before the insurance company pays.
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