How much is car insurance for a 16 year old | https://insurecar.info
The modal car insurance rate for a 16-year-old on their own policy is close to $ 7,000 a year for wide coverage. That rate is more than $ 5,000 over the national average for 30-year-old drivers. newly licensed drivers are expensive to insure. They are inexperienced and have a higher pace of accidents than early old age groups. Auto policy companies view 16-year-old drivers as high hazard to insure and, consequently, charge them much higher rates. It is condom to say that car insurance for your raw driver will not be bum. But there are still some chic ways to save while even ensuring you have sufficient coverage. We ‘ll explain how Key Highlights
- For a full coverage policy, a 16 year old teen driver pays about $585 a month for car insurance.
- 16 years old female drivers pay $920 less than males their age that is $6,562 whereas 17 years old male drivers pay about $7,483 on average for car insurance.
- Progressive, Farmers and Geico had the cheapest car insurance for 16 year olds among national carriers surveyed by CarInsurance.com.
- The average annual car insurance rate for a 16 year old driver with their own policy is $2,631 for a state minimum and $7,023 for a full coverage policy.
Car insurance for teens: average cost
The average car insurance rate for a 16-year-old who has his or her own policy is as follows per year:
- State minimum coverage: $2,593
- Liability limits of 50/100/50: $2,957
- Full coverage: $6,930
What you pay to insure your adolescent driver will vary, depending on your insurance company, whether or not the adolescent is added to your policy, the express you live in, the character of car they drive and coverage limits, among other factors. To give you an idea of what to expect to pay for coverage, we provide average annual rates by express in the charts below. The rates for a break adolescent policy are based on having the stick to coverage limits on a 2017 Honda Accord, along with any other state-required coverages, and a deductible of $ 500 :
- $100,000 for injury liability for one person
- $300,000 for all injuries in one accident
- $100,000 for property damage
For the price to add a adolescent, CarInsurance.com compared rates in 10 zip code codes in each state. The kin profile we used owned a 2017 Honda Accord driven by a 45-year old world buying full coverage. then we added a 16-year old adolescent to the policy. You ‘ll see that adding a adolescent is much less expensive. That ‘s because when teens get their own policy, they do n’t qualify for many discounts. besides, teens are normally listed as a secondary driver on parents ‘ policies. Though adding a adolescent to rear policy is cheaper than the adolescent having his or her own separate policy, the cost of adding a adolescent driver can be hundreds of dollars .
Car insurance cost for a 16-year-old female
The average cost for insurance for a 16-year-old female is $6,562. That ’ second for a policy of her own that includes comprehensive examination and collision coverage, with liability limits of 100/300/100. adolescent female drivers old age 16 pay $ 920 less than males their age. Below you ’ ll see average indemnity costs by state of matter for a 16-year-old female, and how that compares to the price of a rear policy with the child added on .
| State
|
Teen Policy
|
Parent Policy
|
Parents’ Policy with Teen Added
|
|---|---|---|---|
| Alaska | $5,447 | $1,318 | $3,348 |
| Alabama | $6,909 | $1,479 | $3,050 |
| Arkansas | $7,273 | $1,550 | $3,192 |
| Arizona | $6,306 | $1,533 | $3,356 |
| California | $6,913 | $2,018 | $4,175 |
| Colorado | $7,590 | $1,733 | $3,258 |
| Connecticut | $9,917 | $1,914 | $4,933 |
| DC | $7,770 | $1,690 | $3,310 |
| Delaware | $7,875 | $1,736 | $3,190 |
| Florida | $8,202 | $2,502 | $4,855 |
| Georgia | $7,528 | $1,638 | $3,523 |
| Hawaii | $1,547 | $1,287 | $1,364 |
| Iowa | $4,337 | $1,054 | $2,245 |
| Idaho | $5,389 | $1,105 | $2,246 |
| Illinois | $5,530 | $1,208 | $2,631 |
| Indiana | $5,727 | $1,237 | $2,534 |
| Kansas | $5,873 | $1,408 | $2,590 |
| Kentucky | $9,528 | $1,682 | $3,459 |
| Louisiana | $10,893 | $2,547 | $5,484 |
| Massachusetts | $5,443 | $1,469 | $3,445 |
| Maryland | $6,283 | $1,615 | $2,986 |
| Maine | $4,297 | $879 | $1,794 |
| Michigan | $14,533 | $2,900 | $5,846 |
| Minnesota | $5,099 | $1,233 | $2,540 |
| Missouri | $6,328 | $1,350 | $2,623 |
| Mississippi | $6,851 | $1,400 | $2,743 |
| Montana | $6,452 | $1,530 | $2,235 |
| North Carolina | $3,471 | $1,150 | $2,738 |
| North Dakota | $5,467 | $1,155 | $2,126 |
| Nebraska | $5,268 | $1,230 | $2,011 |
| New Hampshire | $6,563 | $1,159 | $2,702 |
| New Jersey | $6,474 | $1,595 | $3,990 |
| New Mexico | $7,325 | $1,387 | $2,976 |
| Nevada | $8,908 | $1,905 | $4,353 |
| New York | $5,089 | $1,777 | $3,476 |
| Ohio | $5,039 | $997 | $1,896 |
| Oklahoma | $7,482 | $1,812 | $3,709 |
| Oregon | $7,486 | $1,504 | $3,413 |
| Pennsylvania | $5,795 | $1,503 | $3,234 |
| Rhode Island | $10,023 | $1,939 | $4,603 |
| South Carolina | $6,188 | $1,653 | $3,395 |
| South Dakota | $6,182 | $1,226 | $2,140 |
| Tennessee | $7,998 | $1,214 | $2,973 |
| Texas | $6,791 | $1,618 | $3,537 |
| Utah | $6,323 | $1,267 | $2,556 |
| Virginia | $4,276 | $929 | $2,119 |
| Vermont | $4,472 | $1,004 | $2,386 |
| Washington | $5,872 | $1,269 | $2,663 |
| Wisconsin | $6,128 | $1,148 | $2,373 |
| West Virginia | $5,603 | $1,351 | $2,649 |
| Wyoming | $4,604 | $1,384 | $2,421 |
Car insurance cost for a 16-year-old male
Males age 16 pay, on average, $7,483 for their own full coverage policy. That ’ s about $ 920 more than their female counterparts. You can compare rates for a male 16-year-old with his own policy to that of being added to his parents .
| State
|
Teen Policy
|
Parent Policy
|
Parents’ Policy with Teen Added
|
|---|---|---|---|
| Alaska | $6,531 | $1,318 | $3,710 |
| Alabama | $7,654 | $1,479 | $3,252 |
| Arkansas | $8,237 | $1,550 | $3,361 |
| Arizona | $7,376 | $1,533 | $3,862 |
| California | $8,398 | $2,018 | $4,933 |
| Colorado | $8,288 | $1,733 | $3,485 |
| Connecticut | $11,471 | $1,914 | $5,611 |
| DC | $9,383 | $1,690 | $3,816 |
| Delaware | $9,165 | $1,736 | $3,570 |
| Florida | $9,456 | $2,502 | $5,452 |
| Georgia | $8,861 | $1,638 | $4,045 |
| Hawaii | $1,547 | $1,287 | $1,364 |
| Iowa | $4,957 | $1,054 | $2,490 |
| Idaho | $6,304 | $1,105 | $2,550 |
| Illinois | $6,427 | $1,208 | $2,935 |
| Indiana | $6,801 | $1,237 | $2,811 |
| Kansas | $6,661 | $1,408 | $2,830 |
| Kentucky | $10,711 | $1,682 | $3,775 |
| Louisiana | $12,702 | $2,547 | $6,044 |
| Massachusetts | $5,443 | $1,469 | $3,445 |
| Maryland | $7,499 | $1,615 | $3,376 |
| Maine | $4,990 | $879 | $2,320 |
| Michigan | $14,691 | $2,900 | $5,919 |
| Minnesota | $6,329 | $1,233 | $2,821 |
| Missouri | $7,292 | $1,350 | $2,961 |
| Mississippi | $7,317 | $1,400 | $2,946 |
| Montana | $6,383 | $1,530 | $2,235 |
| North Carolina | $3,452 | $1,150 | $2,738 |
| North Dakota | $6,519 | $1,155 | $2,417 |
| Nebraska | $5,979 | $1,230 | $2,315 |
| New Hampshire | $7,536 | $1,159 | $3,011 |
| New Jersey | $7,269 | $1,595 | $4,371 |
| New Mexico | $8,305 | $1,387 | $3,290 |
| Nevada | $9,996 | $1,905 | $4,903 |
| New York | $6,522 | $1,777 | $4,107 |
| Ohio | $5,743 | $997 | $2,104 |
| Oklahoma | $8,617 | $1,812 | $4,388 |
| Oregon | $8,052 | $1,504 | $3,715 |
| Pennsylvania | $5,715 | $1,503 | $3,234 |
| Rhode Island | $11,774 | $1,939 | $5,388 |
| South Carolina | $6,886 | $1,653 | $3,768 |
| South Dakota | $7,323 | $1,226 | $2,478 |
| Tennessee | $9,068 | $1,214 | $3,287 |
| Texas | $7,965 | $1,618 | $3,968 |
| Utah | $7,102 | $1,267 | $2,855 |
| Virginia | $5,154 | $929 | $2,378 |
| Vermont | $5,423 | $1,004 | $2,712 |
| Washington | $6,501 | $1,269 | $2,840 |
| Wisconsin | $7,278 | $1,148 | $2,723 |
| West Virginia | $6,544 | $1,351 | $3,030 |
| Wyoming | $6,049 | $1,384 | $2,902 |
How much does it cost to add a 16-year-old to car insurance?
Though adding a adolescent to a rear policy is cheaper than the adolescent having his or her own separate policy, the cost of adding a adolescent driver can still be high. Below are the average annual costs to add a 16-year-old male child or girl to your coverage .
| Driver Age 16 | Cost to Add to Parent Policy Full Coverage | Cost to Add to Policy State Minimum |
|---|---|---|
| Female | $1,593 | $651 |
| Male | $1,934 | $769 |
Every situation is different, but to get an idea of what you can expect to pay, CarInsurance.com compared rates in 10 ZIP codes in each country. The family profile we used owned a 2017 Honda Accord driven by a 45-year previous world buying wax coverage. then we added a 16-year erstwhile adolescent to the policy. Here’s what happened:
- The average household’s car insurance bill rose by about 118% to add a 16-year-old teen.
- A teenage male was more expensive. The average bill rose 129%, compared with 107% for teenage females.
Parents ‘ usher : The best and cheapest way to insure adolescent drivers
How much you save by adding a 16-year-old to your insurance vs. teen’s own policy
You ’ ll visualize in the chart below how much it costs to add a adolescent driver to a parent policy and how much you save doing so :
| Driver Age 16 | Teen Own Policy Rate | Parent Policy with Teen | Savings for Adding to Parent Policy Versus Teen Own Policy |
|---|---|---|---|
| Female | $6,562 | $3,086 | $3,476 |
| Male | $7,483 | $3,428 | $4,055 |
When it comes to car policy for young drivers, most parents take the easier and far more common approach of adding a adolescent to their policy. For one thing, it ‘s likely to be much cheaper than getting their adolescent a classify policy. Insurers root premiums on several factors, including the know and drive record of the policyholder. A 16-year-old wo n’t have that, which means higher rates .
Expert’s Tip Expert ‘s Tip CarInsurance.com Senior Consumer Analyst Penny Gusner points out, the adolescent wo n’t be eligible for rate reductions the parent may qualify for, including multi-vehicle, multi-policy and loyalty discounts. still, adding a 16-year-old driver to your policy means a significant hike in your rates .
Cheapest car insurance for 16-year-olds
Below you ’ ll see how major carriers compare on rates when you add a adolescent driver age 16 to your coverage. For this scenario, Progressive, United, Farmers and Geico were the cheapest among insurance companies we surveyed for adding a female. Progressive, Farmers and Geico were cheapest for adding 16-year-old male motorists .
Parent policy with female, age 16
| Company | Parent Policy with Female, Age 16 Added |
|---|---|
| Progressive | $989 |
| United Financial | $1,204 |
| Farmers | $1,932 |
| Geico | $2,089 |
| 21st Century Centennial | $2,209 |
| Allied | $2,306 |
| Nationwide | $2,383 |
| Mountain Laurel | $2,431 |
| Mid-Century Ins Co | $2,909 |
| State Farm | $3,022 |
| 21st Century Centennial | $4,268 |
Parent policy with male, age 16
| Company | Parent Policy with Male, Age 16 Added |
|---|---|
| Progressive | $1,430 |
| Farmers | $1,944 |
| Geico | $2,282 |
| Nationwide | $2,383 |
| 21st Century Centennial | $2,450 |
| Mountain Laurel | $2,749 |
| Allied | $2,754 |
| Mid-Century | $3,066 |
| State Farm | $3,758 |
| Allstate | $5,005 |
| Victoria | $6,174 |
What’s the average annual car insurance rates for a 16-year-old driver with own policy?
If your adolescent is buying her or his own policy, Concord, Liberty Mutual, Geico and Erie came in with the lowest female rates for wax coverage. You can besides sort the column for state minimum and mid-level liability policies in the board below .
Teen girl, age 16
| Company
|
State Minimum
|
Liability Only – 50/100/50
|
Full Coverage 100/300/100
|
|---|---|---|---|
| Concord | $788 | $831 | $2,003 |
| Liberty Mutual | $561 | $660 | $2,191 |
| Geico | $1,026 | $1,174 | $2,570 |
| Erie | $775 | $908 | $2,685 |
| Texas Farm Bureau | $872 | $964 | $2,734 |
| Owners Insurance | $924 | $1,046 | $2,866 |
| USAA | $1,156 | $1,569 | $2,956 |
| MMG | $1,168 | $1,184 | $3,353 |
| Mississippi Farm Bureau | $1,276 | $1,425 | $3,426 |
| New Jersey Manufacturers | $1,381 | $1,668 | $3,439 |
| North Carolina Farm Bureau | $1,185 | $1,308 | $3,443 |
| State Farm | $1,449 | $1,671 | $3,882 |
| New York Central | $1,858 | $2,084 | $4,053 |
| Nationwide | $2,036 | $2,170 | $4,090 |
| Depositors | $1,836 | $1,897 | $4,451 |
| Safeco | $4,378 | $3,818 | $4,704 |
| Allied | $3,243 | $3,729 | $4,809 |
| Progressive Southeastern Ins Co | $1,640 | $1,795 | $4,858 |
| Louisiana Farm Bureau | $1,669 | $2,152 | $4,909 |
| Colonial | $2,278 | $2,387 | $4,941 |
| United Financial | $1,379 | $1,927 | $5,020 |
| Arbella | $1,680 | $2,130 | $5,184 |
| Travelers | $2,616 | $2,958 | $5,270 |
| Oklahoma Farm Bureau | $1,488 | $1,580 | $5,296 |
| Safety Insurance | $1,839 | $2,266 | $5,438 |
| Kentucky Farm Bureau | $1,354 | $1,505 | $5,678 |
| Allstate | $2,357 | $2,633 | $6,162 |
| Amco | $3,000 | $3,499 | $6,383 |
| Farmers | $3,674 | $3,910 | $6,676 |
| Safeway | $3,924 | $4,167 | $6,761 |
| AAA Texas County | $3,048 | $3,315 | $7,777 |
| Mid Century | $4,438 | $4,823 | $7,990 |
| Metropolitan | $2,101 | $2,208 | $8,115 |
Boy, age 16
For male drivers, age 16 on their own, Concord, Liberty Mutual, Geico, USAA and Erie are among the home carriers with the cheap cable car policy rates .
| Company
|
State Minimum
|
2 – Liability Only – 50/100/50
|
Full Coverage – 100/300/100
|
|---|---|---|---|
| Concord | $864 | $912 | $2,188 |
| Liberty Mutual | $561 | $660 | $2,191 |
| Geico | $985 | $1,131 | $2,561 |
| Texas Farm Bureau | $1,010 | $1,116 | $3,272 |
| USAA | $1,218 | $1,666 | $3,343 |
| North Carolina Farm Bureau | $1,185 | $1,308 | $3,443 |
| Mississippi Farm Bureau | $1,253 | $1,400 | $3,459 |
| Erie | $1,188 | $1,365 | $3,518 |
| New Jersey Manufacturers | $1,408 | $1,715 | $3,768 |
| MMG | $1,464 | $1,485 | $4,050 |
| Owners | $1,369 | $1,550 | $4,229 |
| State Farm | $1,782 | $2,058 | $4,773 |
| New York Central Mutual | $2,167 | $2,446 | $4,793 |
| Progressive | $1,640 | $1,795 | $4,858 |
| Safeco | $4,968 | $4,311 | $5,126 |
| Arbella | $1,680 | $2,130 | $5,184 |
| Nationwide | $3,016 | $2,937 | $5,244 |
| Depositors Insurance | $2,170 | $2,257 | $5,411 |
| Safety Insurance | $1,839 | $2,266 | $5,438 |
| Allied | $3,504 | $4,138 | $5,721 |
| United Financial | $1,551 | $2,176 | $6,057 |
| Colonial | $2,954 | $3,099 | $6,379 |
| Louisiana Farm Bureau | $2,276 | $2,936 | $6,599 |
| Travelers | $3,508 | $3,982 | $6,769 |
| Kentucky Farm Bureau | $1,636 | $1,818 | $6,962 |
| Allstate | $3,185 | $3,715 | $6,973 |
| Farmers | $3,672 | $4,085 | $7,255 |
| Amco | $3,444 | $4,018 | $7,707 |
| Safeway Insurance | $4,651 | $4,940 | $8,281 |
| Oklahoma Farm Bureau | $2,463 | $2,614 | $8,291 |
| Mid Century | $4,640 | $5,030 | $8,481 |
| AAA Texas County | $3,352 | $3,646 | $8,701 |
| Metropolitan | $2,205 | $2,321 | $9,322 |
Car insurance for 16-year old: state minimum coverage
Each state has minimal car indemnity requirements that you must have to drive legally. This degree of coverage is typically the cheapest, but it besides provides restrict protection. In most states, buying equitable the compulsory coverage means your policy will pay for others ’ injuries and cable car damage, but not for your own injuries or car repairs. In the charts below, you ’ ll see how a lot minimum coverage costs, on modal, per class in each country, for a adolescent buying his or her own policy.
Read more: The Best Car Insurance Companies for 2022
Car insurance for a 16-year-old girl : state minimum coverage
| State
|
Teen Policy Rate
|
Parents’ Policy
|
Parents’ Policy with Teen Added
|
|---|---|---|---|
| Alaska | $1,647 | $353 | $1,060 |
| Alabama | $2,498 | $465 | $1,077 |
| Arkansas | $2,549 | $483 | $1,119 |
| Arizona | $2,227 | $489 | $1,194 |
| California | $1,961 | $557 | $1,148 |
| Colorado | $2,658 | $529 | $1,058 |
| Connecticut | $4,719 | $866 | $2,290 |
| DC | $3,358 | $676 | $1,373 |
| Delaware | $3,415 | $830 | $1,551 |
| Florida | $3,314 | $1,030 | $1,986 |
| Georgia | $2,661 | $578 | $1,404 |
| Hawaii | $515 | $420 | $440 |
| Iowa | $1,470 | $329 | $790 |
| Idaho | $2,018 | $389 | $873 |
| Illinois | $2,308 | $460 | $1,111 |
| Indiana | $2,180 | $442 | $958 |
| Kansas | $2,090 | $441 | $930 |
| Kentucky | $3,326 | $489 | $1,204 |
| Louisiana | $3,536 | $729 | $1,853 |
| Massachusetts | $2,122 | $556 | $1,370 |
| Maryland | $2,920 | $772 | $1,436 |
| Maine | $1,722 | $351 | $756 |
| Michigan | $6,595 | $1,557 | $2,798 |
| Minnesota | $2,472 | $555 | $1,177 |
| Missouri | $2,273 | $428 | $945 |
| Mississippi | $2,580 | $417 | $981 |
| Montana | $2,022 | $367 | $628 |
| North Carolina | $1,640 | $491 | $1,257 |
| North Dakota | $1,714 | $342 | $668 |
| Nebraska | $1,892 | $390 | $706 |
| New Hampshire | $2,779 | $497 | $1,185 |
| New Jersey | $2,810 | $791 | $1,868 |
| New Mexico | $2,589 | $443 | $1,058 |
| Nevada | $3,113 | $544 | $1,471 |
| New York | $2,256 | $764 | $1,594 |
| Ohio | $1,959 | $382 | $737 |
| Oklahoma | $2,460 | $462 | $1,133 |
| Oregon | $3,965 | $785 | $1,887 |
| Pennsylvania | $1,976 | $479 | $1,059 |
| Rhode Island | $3,997 | $745 | $1,931 |
| South Carolina | $2,043 | $491 | $1,138 |
| South Dakota | $1,573 | $279 | $562 |
| Tennessee | $2,983 | $436 | $1,156 |
| Texas | $2,407 | $563 | $1,360 |
| Utah | $2,696 | $518 | $1,099 |
| Virginia | $1,569 | $355 | $821 |
| Vermont | $1,441 | $325 | $782 |
| Washington | $2,384 | $448 | $1,102 |
| Wisconsin | $2,144 | $378 | $816 |
| West Virginia | $2,127 | $538 | $1,051 |
| Wyoming | $1,263 | $320 | $587 |
Car insurance for a 16-year-old boy : state minimum coverage
| State
|
Teen Policy Rate
|
Parents’ Policy
|
Parents’ Policy with Teen Added
|
|---|---|---|---|
| Alaska | $1,893 | $353 | $1,161 |
| Alabama | $2,726 | $465 | $1,148 |
| Arkansas | $2,864 | $483 | $1,174 |
| Arizona | $2,605 | $489 | $1,381 |
| California | $2,330 | $557 | $1,349 |
| Colorado | $2,897 | $529 | $1,153 |
| Connecticut | $5,412 | $866 | $2,587 |
| DC | $3,917 | $676 | $1,571 |
| Delaware | $3,892 | $830 | $1,734 |
| Florida | $3,655 | $1,030 | $2,128 |
| Georgia | $2,984 | $578 | $1,603 |
| Hawaii | $515 | $420 | $440 |
| Iowa | $1,641 | $329 | $869 |
| Idaho | $2,297 | $389 | $970 |
| Illinois | $2,589 | $460 | $1,229 |
| Indiana | $2,579 | $442 | $1,057 |
| Kansas | $2,259 | $441 | $1,003 |
| Kentucky | $3,713 | $489 | $1,326 |
| Louisiana | $4,112 | $729 | $2,063 |
| Massachusetts | $2,122 | $556 | $1,370 |
| Maryland | $3,397 | $772 | $1,602 |
| Maine | $1,934 | $351 | $961 |
| Michigan | $6,577 | $1,557 | $2,801 |
| Minnesota | $2,790 | $555 | $1,253 |
| Missouri | $2,558 | $428 | $1,056 |
| Mississippi | $2,716 | $417 | $1,057 |
| Montana | $2,005 | $367 | $628 |
| North Carolina | $1,633 | $491 | $1,257 |
| North Dakota | $1,924 | $342 | $734 |
| Nebraska | $2,112 | $390 | $807 |
| New Hampshire | $3,157 | $497 | $1,306 |
| New Jersey | $2,968 | $791 | $2,008 |
| New Mexico | $2,903 | $443 | $1,172 |
| Nevada | $3,484 | $544 | $1,682 |
| New York | $2,722 | $764 | $1,767 |
| Ohio | $2,228 | $382 | $816 |
| Oklahoma | $2,795 | $462 | $1,364 |
| Oregon | $4,157 | $785 | $2,018 |
| Pennsylvania | $1,955 | $479 | $1,059 |
| Rhode Island | $4,668 | $745 | $2,257 |
| South Carolina | $2,270 | $491 | $1,210 |
| South Dakota | $1,784 | $279 | $641 |
| Tennessee | $3,373 | $436 | $1,287 |
| Texas | $2,797 | $563 | $1,481 |
| Utah | $2,990 | $518 | $1,228 |
| Virginia | $1,858 | $355 | $904 |
| Vermont | $1,671 | $325 | $865 |
| Washington | $2,630 | $448 | $1,204 |
| Wisconsin | $2,469 | $378 | $909 |
| West Virginia | $2,424 | $538 | $1,185 |
| Wyoming | $1,561 | $320 | $675 |
*CarInsurance.com commissioned Quadrant Information Services to run car insurance rates for a 2017 Honda Accord LX for 10 ZIP codes in each state using six large carriers — Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm. ( In cases where one of the insurers does n’t return a pace, another major carrier wave in that state of matter is substituted. )
Average cost of car insurance for 16-year-old
The average car insurance rate for a 16-year-old who has his or her own policy is as follows per year:
- State minimum coverage: $2,631
- Liability limits of 50/100/50: $2, 957
- Full coverage: $7,023
What you pay will vary, depending on your insurance company, whether or not the adolescent is added to a parent ‘s policy, the express you live in, the character of car you drive and coverage limits, among early factors .
Car insurance discounts for 16-year-olds
Despite the high rates you pay for young drivers, there are ways to trim costs. Car insurance discounts for adolescent drivers vary by state and insurance company but may include :
- Driver education: Completing a driver education course, if not required under state law as part of the licensing process, may provide a 5 percent discount.
- Good student: Drivers who maintain a 3.0 or “B” average may get a discount of up to 15 percent.
- Parent-teen driving contract: Teens who sign a contract with their parents that outlines rules to follow when driving — for instance, limited hours and numbers of passengers — may get up to a 5 percent discount.
Shopping around can offset the costs of adding a teen
Adding a adolescent to your car insurance policy will make your premiums skyrocket. Your adolescent might be the best driver round, but until he or she proves that with years of accident-free drive, you can expect to pay more for policy. however, there are ways to lessen the trouble. One key is to shop around and compare to find the best car indemnity rates. There ‘s a sting of good news. If your adolescent drives accident-free, you can expect your indemnity premiums will decrease over the years. Rates will probable fall as the adolescent gains more experience. average car indemnity rates decline when drivers hit senesce 26 significantly. Check out the other teen driver pages on CarInsurance.com:
Other ways to save on car insurance for your teen
Good-student discount
Regardless of your age, you can trim costs by qualifying for cable car insurance discounts that match your driver profile. For younger drivers, a dear scholar discount can save 18 %, on average, though it can be much higher, up to 23 % .
Clean driving record
One of the most impactful ways to lower car indemnity costs for your adolescent is to require that they maintain a clean drive record. insurance companies already see teens as inexperienced, bad drivers and traffic violations or accidents will not help to change that perspective. Whether it is speeding, an accident, foolhardy drive or even distracted drive, you will see an increase in insurance rates. This is a great meter to teach your teen the responsibilities of safe driving so you can finally enjoy lower car policy rates and most importantly, keep your adolescent dependable .
Give second thought to filing a claim
If your adolescent is in a minor at-fault accident, it is important to assess the situation before filing a claim. Find out how much your indemnity will increase if you file a claim for an at-fault accident. If the total you ’ d give out in deductible and the measure of the rate addition exceed the cost of the rectify, it will be cheaper to avoid filing the title .
Recommendations and FAQs for “Sweet 16” drivers
cable car policy companies base rates on hazard. They take into account a person ‘s drive experience, claims history, location, type of fomite and other factors. A driver with a bad ( or a restrict ) force record will pay more than a motorist who has n’t filed a claim in a ten. There are fewer adolescent driver-related fatalities nowadays than in the 1990s. That ‘s specially true for younger adolescent drivers. however, car crashes are even the numeral one killer of U.S. teens. They are besides more likely to get into accidents than any other long time group. In the United States, the fatal crash rate per nautical mile driven for 16 to 19-year-olds is closely three times the rate for drivers ages 20 and over. risk is highest at ages 16-17, according to the Insurance Institute for Highway Safety/Highway Loss Data Institute.
There is no law requiring adolescent drivers to have wide coverage. however, if the car being driven is leased or financed, the lender will mandate that you have full moon coverage, including comprehensive and collision indemnity. To drive legally, you only need state of matter required liability insurance, which pays for damage and injuries of others in accidents you cause. It doesn ’ t cover your own car. however, because teens are inexperienced, and as a demographic, have more accidents than feel drivers, it ’ mho wise to have full coverage on the car your adolescent drives. indemnity applies to the car, not the driver. That means the coverage on the car the adolescent is driving will apply to accidents and damage caused by the adolescent. Gusner recommends a full coverage policy of the following:
- $100,000 for injury liability for one person, to pay for medical bills for those injured in an accident you cause
- $300,000 for all injuries in one accident that’s your fault
- $100,000 for property damage you cause, for instance, to repair a car you hit
- Collision insurance, to pay for damage to your car regardless of fault in an accident
- Comprehensive, to pay for damage to your car from hail, flooding, fire, vandalism, animal strikes, and to replace it if stolen
It truly is worth the extra money to be in full protected during the time your adolescent is driving your car. otherwise, you can be on the hook to pay out of your own pouch for even minor accidents that can exceed a bare-bones policy. The monetary value to jump from submit minimal to full coverage with a 16-year-old daughter on your policy is about $ 1,900, but that ’ s precisely $ 158 a calendar month for peace of mind. For a 16-year-old son, the monetary value to buy full coverage rather of submit minimum is $ 2,178, or $ 182 a month. so, when do you add a adolescent to your policy ? Start the summons when he or she has a learner ‘s license. “ Begin when your child is first gear permitted to exercise drive by contacting your insurance company to see if you need to add the adolescent nowadays or when amply licensed, ” she says. Gusner adds that the only time it might be wise to get teens a separate policy is when they ‘ve had moving violations or accidents, which would hike premiums on the family coverage. rather, think about getting a adolescent an older car, which is cheaper to insure, and buying a separate policy with only high indebtedness protection.
Most states have laws that restrict where and when 16-year-olds can drive. These stipulations are normally called Graduated Driver License ( GDL ) laws and apply equitable to drivers under age 18. GDL laws vary by department of state, with some states having rigorous GLD laws and others having very lenient ones. Over time, you “ graduate ” from a probationary or restricted license you get as a adolescent, to a standard license with no restrictions. GDL laws typically include provisions on the following:
- Limiting drive time to day time hours
- Requiring a passenger who is over a certain age to be in the car
- Not allowing passengers under a certain age to be in the car
- Banning the use of cellphones for both calls and texting
- Limiting destinations to work and school
For more details on GDL laws and why they are authoritative, read our usher on the most and least dangerous states for adolescent drivers.
Gusner says that in most states a 16-year-old can own a car and guarantee it — but only if a parent or legal defender cosign for both the vehicle ‘s entitle and policy coverage. “ flush if you ‘re under the age of majority, which is 18 in most states, you can buy and insure a car, ” Gusner explains. “ however, in general, minors can not enter into a contract, so they can not sign for car indemnity by themselves. Depending on country laws, a adolescent may not be able to buy a car either, since that is a sales contract, without an pornographic signing on adenine well. ” While most states consider 16 to be a legal historic period to own a cable car, there are exceptions. Gusner points out that a adolescent must be 17 in South Carolina to buy a vehicle, again with a rear or defender sign on. She besides notes that Ohio requires a rear to file a minor accept imprint with the state ‘s agency of motor vehicles if anyone under 18 wants the championship to a vehicle.
A novitiate driver needs policy but not under his or her own policy. normally, the policy of the vehicle ‘s owner ( typically the rear or defender who accompanies the adolescent while he or she learns ) should be enough. But parents need to immediately add their adolescent drivers to their policies once the teens are licensed. Most insurers will wait until the adolescent is licensed to make you add him, but do check ahead because some will make you add the child at that distributor point ( when he has a license ) and start paying for him as a driver, Gusner says. Can 16-year-olds drive alone on a apprentice ‘s let in Florida ? Can you drive alone with your driver ‘s permit in New York ?
If you ‘re driving, most states require you to have minimum indebtedness insurance. But a 16-year-old hop to get his first license lone has to show that his vehicle ‘s owner already has coverage. A adolescent driver faces driving restrictions before and after receiving a driver ‘s license. States have varying levels of Graduated Driving License ( GDL ) laws. Common GDL laws include:
- Learners’ permit
- Minimum number of supervised driving
- Limited unsupervised driving, such as at night
- Cell phone/texting ban
- Passenger restrictions
Some states have stronger GDL laws. For case, New Jersey is the merely submit the requires a novice driver decal for drivers under 21 who do n’t have full-privilege licenses yet. Safe-driving advocates, such as the Governor ‘s Highway Safety Association, say strong GDL laws save lives.
When insuring your 16-year-old, Gusner says first focus on liability security. That pays for damages your adolescent may cause to place or people in an accident. And do n’t think that state-minimum coverage is adequate. medical costs can quickly escalate if there are major physical injuries. Bills can besides go sky-high with property damages. just imagine the costs if the accident involves an expensive vehicle or other meaning place. You ‘d have to pay out-of-pocket once those costs exceeded your indebtedness limits. Besides raising your basic indebtedness sum, consider purchasing an umbrella policy, which increases liability protection after those basic limits are met. An umbrella with $ 1 million or more of protective covering may be a bright move. Comprehensive and collision coverage is required if you finance your vehicle. however, you decide whether to have those optional protections if the car is already paid off. If you opt for comprehensive and collision, consider higher deductibles to lower your rate. Of course, you ‘d then have to pay for minor repairs following an accident.
There are many things to consider, with safety the most crucial. The Insurance Institute for Highway Safety ( IIHS ) some basic principles when buying a car for a adolescent :
- Try to get Electronic Stability Control (ESC). This feature, which helps a driver maintain control on curves and slippery roads, is about as good at reducing risks as safety belts, says the IIHS
- Avoid very high horsepower. “Vehicles with more powerful engines can tempt (young drivers) to test the limits,” says the IIHS.
- Look for cars with the best safety reviews from the IIHS and National Highway Traffic Safety Administration.
CarInsurance.com offers its own buy suggestions, including a detailed number of the cheapest cars to insure for adolescent drivers, which are models under $ 15,000 with estimable safety ratings.
Read more: Best car insurance companies for 2022
Final thoughts on car insurance for a 16-year-old
Being the rear of a adolescent driver is nerve-racking and expensive. Adding your adolescent to your car indemnity policy is a great means to save money, even if it is tempting to get them their own policy. Make certain you are providing admonitory driving behavior, guarantee that your children are following GDL laws and shop for cable car policy at each renewal to make sure you ’ re getting the best cover. These things will ensure your adolescent understands how to drive safely and will result in you paying the least sum possible for their car indemnity .