New study shows motorists aged 16 to 19 pay up to double the premiums of older adults. The findings from a New York-based auto insurance study on teen drivers has shown that age is a vital element that helps to determine the way that premiums are calculated for vehicle coverage. Young drivers with little to no experience pay far more than any other drivers on the road. In fact, the report on the car insurance research findings indicated that some teen drivers are paying up to double the premiums that…
Read MoreTeen drivers pay far more for auto insurance than other age groups
