Average Auto Insurance Rates By Age of Driver
Age group | Average rate |
---|---|
16-19 | $2,999 |
20-24 | $2,040 |
25-29 | $1,707 |
30-34 | $1,591 |
35-39 | $1,610 |
40-44 | $1,603 |
45-49 | $1,478 |
50-54 | $1,284 |
55-59 | $1,214 |
60-64 | $1,169 |
65-69 | $1,244 |
70-74 | $1,187 |
75 and up | $1,203 |
source : Insurance.com. Rates shown above are for a one-man policy. average rates are shown for a policy with coverage of $ 100,000 bodily injury per person per accident, $ 300,000 bodily wound for accident, $ 100,000 property damage per accident. collision and comprehensive coverage was not included .
Lowering Car Insurance Premiums for Teenage Drivers
There are ways to reduce car policy rates for a adolescent driver, but buying a car for the adolescent and putting him on his own policy international relations and security network ’ t one of them. The average annual rate quoted for a adolescent driver is $ 2,267. ( This average includes all liability coverage levels. ) compare that to an average cost increase of $ 621 for adding a adolescent to the parents ’ policy — that means you ’ ll pay 365 percentage more by putting the adolescent on his or her own policy.
rather, compare car policy quotes from multiple companies.
If your adolescent has a good grade point average in school, ask if your car indemnity caller offers a good scholar dismiss. If you ’ re adding a fomite to your family for the adolescent to drive, look for a cable car with base hit features that can lead to low car insurance quotes, such as anti-lock brakes and anti-theft devices. Your policy party may besides offer discounts if your adolescent takes certain driver-training classes or installs a monitor device in the cable car. But the best way to hold rates down is to make sure your adolescent keeps a fairly drive phonograph record. Adding a adolescent to your policy policy will no doubt increase your rates, but there are things you can do to offset the newfangled costs and lower your car expenses .