(EMAILWIRE.COM, July 27, 2013 ) Dallas, TX -- According to a recent study sponsored by online insurance marketplace InsuranceQuotes.com, the cost of insuring your new teen driver varies from state to state. The average increase was about $2,000 or an eighty-four percent increase for a married couple with two cars.
Hawaii had the lowest increase while Arkansas had the greatest. Hawaiis rates are so low because the state does not allow insurance companies to base their rates on age, gender or driving experience. The average increase in premium for a boy is 96 percent and for a girl it is 72 percent.
The following are the ten states with the lowest increase in premium cost, followed by the ten states with the highest costs:
Low
1. 18 percent: Hawaii
2. 59 percent: North Carolina
3. 62 percent: New York
4. 66 percent: Massachusetts
5. 66 percent: Montana
6. 67 percent: New Mexico
7. 68 percent: South Dakota
8. 70 percent: Kansas
9. 71 percent: Texas
10. 73 percent: Michigan
High
1. 101 percent: New Hampshire
2. 101 percent: Louisiana
3. 104 percent: Arizona
4. 105 percent: Washington (state)
5. 105 percent: Maine
6. 107 percent: Idaho
7. 111 percent: Alabama
8. 112 percent: Wyoming
9. 115 percent: Utah
10. 116 percent: Arkansas
These increases can be quite dramatic depending on your location, but there are some things a parent can do to lessen the cost. You can of course delay allowing the child to drive your vehicle or ask your agent if there is a discount if the teen takes an advanced driver training course. Similarly, you may ask your agent about a good student discount if your child qualifies. You may also want to consider increasing your deductible if the premium is too steep.
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Car Insurance 60 (http://www.carinsurance60.com) allows you to compare car insurance rates from any state. They provide rate comparisons from every major insurance company in the state for your particular vehicle and risk category. Learn more about cheap car insurance with no down payment by visiting the site today.
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Hawaii had the lowest increase while Arkansas had the greatest. Hawaiis rates are so low because the state does not allow insurance companies to base their rates on age, gender or driving experience. The average increase in premium for a boy is 96 percent and for a girl it is 72 percent.
The following are the ten states with the lowest increase in premium cost, followed by the ten states with the highest costs:
Low
1. 18 percent: Hawaii
2. 59 percent: North Carolina
3. 62 percent: New York
4. 66 percent: Massachusetts
5. 66 percent: Montana
6. 67 percent: New Mexico
7. 68 percent: South Dakota
8. 70 percent: Kansas
9. 71 percent: Texas
10. 73 percent: Michigan
High
1. 101 percent: New Hampshire
2. 101 percent: Louisiana
3. 104 percent: Arizona
4. 105 percent: Washington (state)
5. 105 percent: Maine
6. 107 percent: Idaho
7. 111 percent: Alabama
8. 112 percent: Wyoming
9. 115 percent: Utah
10. 116 percent: Arkansas
These increases can be quite dramatic depending on your location, but there are some things a parent can do to lessen the cost. You can of course delay allowing the child to drive your vehicle or ask your agent if there is a discount if the teen takes an advanced driver training course. Similarly, you may ask your agent about a good student discount if your child qualifies. You may also want to consider increasing your deductible if the premium is too steep.
About CarInsurance60.com
Car Insurance 60 (http://www.carinsurance60.com) allows you to compare car insurance rates from any state. They provide rate comparisons from every major insurance company in the state for your particular vehicle and risk category. Learn more about cheap car insurance with no down payment by visiting the site today.
Customer Service
972-1100910
news@postpressrelease.com
Source: EmailWire.Com