Did you know the average cost of car insurance for a 16-year-old is almost $3,000 annually? This assumes assuming no tickets, no accidents and a good scholastic record. Yes, they actually check the kid’s grades and use that as a metric for determining his “risk profile,” just as adult drivers are dunned by the insurance mafia if their credit score isn’t top-shelf, regardless of their driving record. So, a $250 per month cost-of-entry before the car even leaves the driveway. Before the kid puts gas in the thing. Before the kid even has a car to put gas into. How is he supposed to get a car – or afford gas – … Continue reading The War on Teen Drivers