How Much Does Your Car Insurance Increase When You Add A Teenager To Your Policy?

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  • Опубліковано 16 жов 2024
  • You have probably heard the phrase “kids are expensive“. That phrase takes on a whole new meaning when you find out how much your car insurance is going to increase when you add your teenage child to your policy. In this video I’m going to share with you:
    1. How much you can expect your car insurance premiums to increase when a teenager is added
    2. What does the insurance company look at when determining the premium?
    3. Are car insurance premiums higher for males or females?
    4. Ways to reduce the cost
    5. How much does the cost go up if they get into a car accident?
    6. When your child turns 18, should you move them to their own policy?
    7. Coverage mistakes
    Contact Michael Ruger with Questions: 518-477-6686 or mruger@greenbushfinancial.com
    Visit our website: www.greenbushf...
    Subscribe to our channel for more financial planning tips: / @greenbushfinancialgroup

КОМЕНТАРІ • 8

  • @sanhsands6132
    @sanhsands6132 Рік тому +3

    very informative!!!

  • @murdog98
    @murdog98 3 роки тому +5

    I’ve got three 15 year olds that are officially eligible for learners permits. No license until they get their first part time jobs so they can pay part of their premiums. I’m hanging on to my 2009 Corolla.

  • @jorgegonzales6697
    @jorgegonzales6697 Рік тому +11

    Insurance is disgusting.

    • @sov19871987
      @sov19871987 5 місяців тому +1

      You can create your own insurance company and sell pennies for a dollar for people, everyone will like you but you will go out of business very soon

  • @GeorgeFitness-yo8bl
    @GeorgeFitness-yo8bl 2 роки тому +4

    18 yaers old's have no credit!

    • @sov19871987
      @sov19871987 5 місяців тому +1

      😂 they do, parents can help kids with credit history

    • @GeorgeFitness-yo8bl
      @GeorgeFitness-yo8bl 4 місяці тому

      @@sov19871987 No they don't its not their credit which means the insurance companies charges them more money