As any parent of a newly licensed teenager knows, insuring a young driver can be a budget-busting affair. Recent data reveals that the expense of adding a teen to an auto insurance policy has soared, with some states imposing almost unbearable premiums. Here’s a closer look at where teenage drivers face the steepest insurance rates and why the costs can be so exorbitant. Don’t Miss: The average American couple has saved this much money for retirement —How do you compare?Can you guess how many retire with a $5,000,000 nest egg? –How does it compare to the average?According to MarketWatch, full …