Hey everyone! A few months ago we conducted an extensive annual study that looked at how an average adult auto insurance premium is affected by adding a teen driver between the ages of 16 and 19 to a family’s existing car insurance policy. Nationally, the average premium increase was 82 percent annually. But there were also some intriguing difference on a state-by-state level. After compiling the data, the following five states showed the smallest annual percentage premium increase with the addition of one teen driver between the ages of 16 and 19: 1) Hawaii — 12% 2) Michigan — 58% 3) North Carolina — 61% 4) North Dakota — 61% 5) Florida — 65% — Meanwhile, the following five states came back with the greatest average premiums increase: 1) Rhode Island — 137% 2) Arizona — 119 % 3) New Hampshire — 118% 4) West Virginia — 100% 5) Maine — 98% — For my article, I’m looking to answer a few key questions: Why do premiums spike when a teen is added to an existing auto policy? Many people don’t realize the underlying reasons behind this. What might account for the significant differences between states (for instance, why is there only a 12 percent increase in Hawaii but a 137 percent increase in Rhode Island)? What are the pros and cons of adding a teen driver to a parent’s car insurance policy? (example con: if your teen gets into a crash, what will happen to the parents’ insurance rate?) Is it always the best idea to add them to your policy rather than have them get their own? How can parents ensure their teen is a safe driver? How can new technologies (apps, new auto features, etc.) help parents and their young drivers. If you have any insight on this topic I would love to hear from you.