TOLEDO, Ohio (WTVG) – You might know that adding a teen driver to your auto insurance can come with a major price jump, but you might be surprised to hear just how much your premiums can rise.
In this Watching Your Wallet, we break down the numbers and what parents can do to prepare.
Sashem Brey has more in the video above.
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Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.