Added Cost of Having a Teen
February 24th, 2010 . by adminOur daughter is getting her driver’s permit this weekend, we hope. This is assuming she passes all the tests. Regardless, I started calling around to various companies to try and get an auto insurance quote with her on our policy. Wow, what a difference having a teen age driver on your policy makes in the premiums! We’re going to have her cover the increase in our rates with her part time job. That’s the cost of being able to drive our cars.
I think it will help teach her responsibility and teach her more about what real world costs are and make her budget for them.