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re: Teenager Car Insurance Sticker Shock

Posted on 11/25/20 at 9:56 am to
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41925 posts
Posted on 11/25/20 at 9:56 am to
quote:

A $25k car

The value of a vehicle is only a small portion of the total cost of insurance. When you're dealing with insuring a teenager, it's almost meaningless. The majority of the cost of insurance is for LIABILITY - not the value of a vehicle - and when you're insuring a teenager, the cost of that liability is going to be very high.

quote:

$350 a month. WTF? Obviously I am going to shop this around. But it was more than double what I thought it would be

What on earth made you think the cost to insure your 16 year old daughter was going to be only $175 a month?
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