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Good morning. The insurance
companies insure the cars and those who drive them. If your new driver has an inexpensive car and you have an expensive car, it will help you a bit by having the 16-year old drive only that inexpensive car because you don't really need to cover the car itself unless you have financed it. Even if you do insure the car, because it's limited value, the cost of insuring it will be less because the upper end risk for the insurance company is the value not the cost to repair. That will save you some insurance money. If you have an expensive car, you don't want him driving
him because the cost of insuring that car will increase. But, overall, the big insurance cost is liability for others. And, simply having a 16-year old driver on your insurance will increase your insurance due to that risk.
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