When it comes to insuring teen-aged drivers, it could be worse for Louisiana parents. It could be better too.
Car insurance costs 82 percent more after Louisiana couples add a teen driver to their policy, according to a new insuranceQuotes.com report. That’s the 26th-highest increase in the country.
Teenage males lead to 97% higher car insurance costs in Louisiana and teenage females lead to 68% higher costs.
Louisiana is about average in teen drivers’ insurance costs. The average married couple pays 80 percent more for car insurance after adding a teen driver to their policy, according to the insuranceQuotes.com report.
Drivers aged 16 cause the highest spike in premiums (96 percent.
Teenage males are much more expensive to insure than teenage females (average increases of 92 percent and 67 percent, respectively). Six states prohibit insurers from using gender in their rate calculations (Hawaii, Massachusetts, Michigan, Montana, North Carolina and Pennsylvania).
The most expensive state to insure a teen driver is New Hampshire, where the average premium jumps 115 percent.
The cost to insure a teen driver has actually fallen a bit since 2013, when the average annual increase was 85 percent (98 percent for males and 73 percent for females).
Click here to view the average premium increases in all 50 states and the District of Columbia: