In Anaheim, adding a 16-year-old daughter to your policy will hike your rates by $2,908 annually, or 141% It's more for boys. Insuring your 16-year-old son will increase your yearly rate by $2,908, or 141% according to CarInsurance.com rate data. Teen drivers are inexperienced, and are involved in more accidents than older drivers, according to federal research, and insurance companies categorize them as high-risk drivers, so they cost more to insure. If you're insuring a teen driver of any age, you can get expert tips, more rate data by age and details from our “Parents guide to insuring a teen driver."