We found that when adding a 16-year-old driver to a parent’s policy, the average car insurance cost jumped from $2,603 per year to $5,011 per year. That’s an average increase of 103%.

VWAGY, TM, and STLA lead the 10 biggest car companies list Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Monty Rakusen ...