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Insurance rates for teen drivers are already sky high. New drivers age 16 to 19 can expect to pay $2,999 per year for their own car insurance policy, almost three times the $1,169 a middle-aged driver in the 60 to 64 age range will pay, according to an article on the AOL website. Even drivers just out of their teens, ages 20 to 24 will pay a third.
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