Will your parents' insurance premiums go up if you get your permit?

1.) It probably depends on several things, mostly the insurance carrier and the state you live in. When my older son got his permit (in 2000, in NJ), our rates with State Farm did go up. When my younger son got his permit (in 2004, also in NJ) our rates with AIG did NOT go up. == == 2.) It stands to reason that an additional potential driver in the family (YOU) will result in an increase in the annual rate charged. As you are a brand new driver, with no experience at all , they will rate you as a high risk driver, at least for the first few years of your driving record. 3.) One influencing factor is the number of vehicles registered to the household. If there are enough vehicles that the new driver could be the primary driver of one of them, the rates are more likely to go up. However if there are only enough vehicles for the more experienced drivers, so that the new driver can only be an occasional driver of one of the vehicles, the risk is less, and therefore the rates are less likely to change.