You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life ’ s fiscal travel. Bankrate ’ s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow hard-and-fast guidelines to ensure that our editorial subject is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. so, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and dependable information. We value your faith. Our mission is to provide readers with accurate and indifferent information, and we have column standards in place to ensure that happens. Our editors and reporters thoroughly fact-check column content to ensure the information you ’ ra take is accurate. We maintain a firewall between our advertisers and our editorial team. Our column team does not receive direct compensation from our advertisers. Bankrate follows a stern editorial policy, so you can trust that we ’ ra putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right fiscal decisions. All providers discussed on our locate are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ re putting accuracy first. Our indemnity team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — indeed you can feel convinced about which supplier is correct for you. Bankrate follows a rigorous column policy, so you can trust that we ’ rhenium putting your interests first. All of our content is authored by highly stipulate professionals and reviewed by topic count experts, who ensure everything we publish is objective, accurate and worthy of your trust. Founded in 1976, Bankrate has a long path record of helping people make bright fiscal choices. We ’ ve maintained this reputation for over four decades by demystifying the fiscal decision-making summons and giving people confidence in which actions to take following. While we adhere to strict editorial integrity, this post may contain references to products from our partners. here ‘s an explanation for how we make money. This message is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. Earning a driver ’ s license can be one of the most agitate rites of enactment. But with that newfound sense of exemption, it ’ south besides crucial to consider your car insurance options to stay financially protected while on the road. On average, adding a 16-year-old driver to a parents ’ policy can increase the annual bounty by $ 2,531 per year for full coverage. That means that a marry pair with a 16-year-old driver pays an average of $ 4,156 per year for a wide coverage car indemnity policy. And that rate is just for one cable car ; if parents decide to buy a fomite for their child to drive, the rate would likely be higher. While 16-year-olds are one of the most expensive ages to insure, Bankrate ’ s research has uncovered ways that you may be able to find cheaper insurance for teens. From understanding what contributes to your adolescent ’ s rate to what discounts are offered for raw drivers, our analysis of car policy for 16-year-olds might help you feel more in control of your policy .
How much is car insurance for a 16-year-old?
The average cost increase to add a 16-year-old to their parent ’ second policy is $ 2,531 per class. This cost is in addition to the premium that parents are already paying for two drivers and one vehicle. The extra cost does not include purchasing a vehicle for your 16-year-old to drive, and it doesn ’ t factor in any tickets or accidents that your child may incur behind the wheel. Those factors would increase the premium even more. Adding an inexperienced driver to a cable car indemnity policy can cause your annual premiums to increase significantly. This is because car indemnity rates are determined based on risk. Young drivers, with their inexperience on the road, are statistically some of the riskiest drivers to insure. In fact, adolescent drivers are more probably to get into accidents than any early senesce group, according to the Centers for Disease Control .
Average car insurance costs for 16-year-old males and females
In general, men pay more for car policy than women. Statistics show that males are riskier drivers than females, typically causing more accidents and getting more tickets. This, combined with the inexperience of young drivers, makes adolescent males specially expensive to insure. These average pace increases are for young females and males with no speeding tickets or accidents, which would cause premiums to increase even more .
| Average annual 16-year-old male premium | Average annual 16-year-old female premium | Average annual 16-year-old premium | |
|---|---|---|---|
| Average premium increase | $2,783 | $2,280 | $2,531 |
| Average total premium* | $4,408 | $3,905 | $4,156 |
*Rate reflects the sum average annual premium for a 16-year-old driver added to a marital parent ’ south policy
Average car insurance cost for a 16-year-old by state
Each state and insurance carrier has its own insurance requirements, and rates will vary because of this. The postpone below represents the difference between the average annual agio for 16-year-old males and females and the overall average increase you can expect to pay in each state. The rates represent how much it costs to add a adolescent to their parents ’ policy. Some states, like Michigan and North Carolina, do not use gender as a rating factor .
| State | Average premium increase for insuring a 16-year-old male | Average premium increase for insuring a 16-year-old female | Overall average premium increase |
|---|---|---|---|
| Alabama | $2,976 | $2,452 | $2,714 |
| Alaska | $2,604 | $1,887 | $2,245 |
| Arizona | $3,005 | $2,417 | $2,711 |
| Arkansas | $3,038 | $2,371 | $2,704 |
| California** | $3,777 | $3,710 | $3,744 |
| Colorado | $3,298 | $2,574 | $2,936 |
| Connecticut | $3,338 | $2,518 | $2,927 |
| Delaware | $2,781 | $2,231 | $2,506 |
| Florida | $4,754 | $3,933 | $4,343 |
| Georgia | $3,430 | $2,583 | $3,007 |
| Hawaii* | N/A | N/A | N/A |
| Idaho | $1,924 | $1,485 | $1,705 |
| Illinois | $2,607 | $2,020 | $2,313 |
| Indiana | $2,207 | $1,700 | $1,954 |
| Iowa | $1,773 | $1,302 | $1,537 |
| Kansas | $2,431 | $1,766 | $2,099 |
| Kentucky | $4,056 | $3,129 | $3,593 |
| Louisiana | $4,797 | $3,869 | $4,333 |
| Maine | $1,587 | $1,192 | $1,389 |
| Maryland | $3,208 | $2,365 | $2,787 |
| Massachusetts** | N/A | N/A | N/A |
| Michigan** | $3,415 | $3,392 | $3,403 |
| Minnesota | $2,440 | $1,993 | $2,217 |
| Mississippi | $2,552 | $1,833 | $2,192 |
| Missouri | $2,763 | $2,011 | $2,387 |
| Montana** | $2,298 | $2,298 | $2,298 |
| Nebraska | $1,864 | $1,390 | $1,627 |
| Nevada | $3,829 | $2,966 | $3,398 |
| New Hampshire | $2,001 | $1,469 | $1,735 |
| New Jersey | $2,592 | $2,114 | $2,353 |
| New Mexico | $2,292 | $1,778 | $2,035 |
| New York | $4,062 | $3,084 | $3,573 |
| North Carolina** | $1,782 | $1,749 | $1,765 |
| North Dakota | $1,737 | $1,277 | $1,507 |
| Ohio | $1,885 | $1,409 | $1,647 |
| Oklahoma | $2,820 | $2,090 | $2,455 |
| Oregon | $2,341 | $1,925 | $2,133 |
| Pennsylvania** | $2,372 | $2,372 | $2,372 |
| Rhode Island | $3,326 | $2,527 | $2,927 |
| South Carolina | $2,418 | $1,862 | $2,140 |
| South Dakota | $1,765 | $1,306 | $1,535 |
| Tennessee | $2,380 | $1,852 | $2,116 |
| Texas | $3,208 | $2,512 | $2,860 |
| Utah | $2,777 | $2,147 | $2,462 |
| Vermont | $2,694 | $2,108 | $2,401 |
| Virginia | $2,361 | $1,808 | $2,084 |
| Washington | $2,163 | $1,708 | $1,935 |
| Washington, D.C. | $2,898 | $2,084 | $2,491 |
| West Virginia | $2,586 | $1,966 | $2,276 |
| Wisconsin | $1,858 | $1,543 | $1,701 |
| Wyoming | $2,470 | $1,673 | $2,071 |
*Hawaii and Massachusetts do not factor senesce into rates, so this datum is not available. **These states do not allow insurers to rate consumers differently based on sex .
Best car insurance companies for a 16-year-old driver
Adding a adolescent driver to your policy will probable increase your premium significantly in most states. A adolescent getting their driver ’ mho license can be an opportunity to shop your car insurance to understand if another insurance company offers a more friendly rate. Bankrate ’ s editorial team searched for the best car policy for 16-year-olds by obtaining current premium data from Quadrant Information Services for the largest U.S. insurers by market share. But because price is not the only component to consider when buying an car indemnity policy, we besides reviewed coverage options, discounts, policy features and third-party rankings for each company. If you are looking for the best cable car insurance companies for 16-year-olds, the play along carriers could be a good starting rate :
| Car insurance company | Average premium increase for insuring a 16-year-old male | Average premium increase for insuring a 16-year-old female | Overall average premium increase |
|---|---|---|---|
| Nationwide | $1,478 | $1,082 | $1,241 |
| Geico | $1,970 | $1,850 | $1,897 |
| USAA | $2,395 | $2,063 | $2,186 |
| Auto-Owners | $2,175 | $2,258 | $2,226 |
Nationwide
nationally offers broken modal rates for 16-year-old drivers and several discounts to help policyholders lower their overall policy premiums. good student discounts are available for full-time students with a B average or better in school. Nationwide besides offers two usage-based driving programs, SmartRide and SmartMiles. You can besides personalize your car insurance with elective coverage options such as wayside aid, col coverage and accident forgiveness. Although Nationwide has many options for cable car indemnity, it besides scored below average in the 2021 J.D. Power Auto Claims Satisfaction Study. Learn more: Nationwide Insurance recapitulation
Geico
If you have a 16-year-old driver to insure, consider getting a car insurance quote from Geico. Although its premiums are already competitive for households insuring adolescent drivers, Geico besides offers a number of discounts to help keep costs humble. Teens can take advantage of discounts like adept scholar, driver education and seat belt use. however, Geico has a specify number of local agents, which may not make it a good choice for those who want personalized service. Learn more: Geico Insurance review
USAA
USAA could be a great choice for military members, veterans or immediate family members. The insurance company features first gear average rates and excellent customer service ratings from J.D. Power, although USAA is ineligible for official rank due to its eligibility restrictions. Those insuring a adolescent driver might reduce costs with the driver trail and good student discounts. You may even choose to enroll in USAA ’ south SafePilot program, which tracks your driving habits and assigns a rebate accordingly. And if your adolescent decides to remain guarantee with USAA when they establish their own policy, they could earn a family discount or duration of membership discount. Learn more: USAA Insurance recapitulation
Auto-Owners
Auto-Owners is not available nationally, but if you live in one of the 26 states where coverage is available, you might want to get a quotation. Families with adolescent drivers might lower their premium with a good student discount, driving education discount or adolescent monitor deduction. Auto-Owners besides offers several optional coverage choices to help you personalize your policy to your needs, like road trouble servicing coverage and car lease coverage. Learn more: Auto-Owners Insurance review
Cheapest car insurance for 16-year-olds
Because your agio can be relatively expensive when adding a 16-year-old, you could be looking for cheap car insurance for your adolescent driver. Keep in mind that these rates represent the extra agio to add a 16-year-old to an existing policy, not the total car policy premium .
| Car insurance company | Average premium increase for insuring a 16-year-old male | Average premium increase for insuring a 16-year-old female | Overall average premium increase |
|---|---|---|---|
| Nationwide | $1,478 | $1,082 | $1,241 |
| Erie | $1,274 | $1,295 | $1,285 |
| The Hartford | $1,698 | $2,065 | $1,864 |
| Geico | $1,970 | $1,850 | $1,897 |
| Progressive | $1,725 | $2,089 | $1,955 |
car policy rates are personalized based on your rat factors, including the types of vehicles you own, the coverage types you choose and each driver ’ s driving history on your policy .
How to save on car insurance when insuring a 16-year-old
Though the monetary value to add a 16-year-old driver to your cable car insurance can be significant, there are ways to save money. There are discounts available and early adolescent driver cost-savings tips you can use to help offset the increased expenses while your adolescent gains valuable driving have. additionally, your adolescent ’ sulfur rates will likely drop as they age and develop a track record of condom drive. A 17-year-old driver increases their parents ’ policy an average of $ 2,250 per year, which is $ 281 less than the average annual increase for a 16-year-old. american samoa long as your adolescent maintains a clean drive record, you can broadly expect their agio to decrease as they get older, assuming no early changes are made to your policy .
Good student discounts
Your adolescent may be eligible for a good scholar discount if your car insurance company offers it. Most insurers require a certain GPA or letter-grade average to qualify, and teens may need to show the policy provider a recent report calling card as proof. Parents could save a considerable amount on car insurance costs with the good scholar discount rate applied. Some examples of insurers that offer good scholar savings include Farmers, Geico and Nationwide, among others .
Usage-based discounts
annual mileage is typically used as a rat component in car insurance policies. If your adolescent drives under a certain number of miles per year, this could be an opportunity to leverage more savings. Some car insurance companies have a separate low-mileage car insurance policy, where rates are determined based on miles drive. Others may have a usage-based program, which uses telematics to track your driving habits and adjust or discount your policy rates consequently. Some of these programs include :
Create a driving agreement
Creating a parent-teen drive agreement can help your adolescent commit condom driving habits, reducing the likelihood of them getting into an accident or being ticketed. This free agreement from AAA could help you and your adolescent create a meaningful commitment to safety and consequences for failing to meet their goals. Maintaining a scavenge driving record is crucial to keeping overall costs ampere low as potential as your adolescent driver gains driving experience .
How to get the best car insurance for 16-year-old drivers
Although car policy for teens can be expensive, you can much find options to fit your budget without sacrificing coverage. One of the best ways to do this is to shop around and get quotes from multiple insurance companies. This can help you determine the average rate in your area for adding a 16-year-old to your policy and will allow you to compare coverage options and discounts. When looking for a car insurance policy, you may besides want to consider available coverage types, discounts, customer satisfaction scores and fiscal forte. Comparing these factors, in accession to price, might help you find coverage that fits your needs .
Frequently asked questions
What is the best car insurance company?
The best car indemnity company offers the coverage you need, has beneficial customer gratification ratings and offers discounts to keep costs low-cost. Because everyone ’ sulfur position is unlike, there is no individual best car policy company. Getting quotes from several insurers can help you find the best car insurance company for your family and policy needs .
Should I adjust my coverage when adding a teen driver?
That depends on what type of coverage you have before adding your adolescent driver. If you have indebtedness entirely, it might be worth the total expense of having wide coverage since teens are inexperienced and may get into more accidents. This can include other coverage options, but typically consists of both comprehensive coverage and collision coverage to insure your fomite. however, if you feel comfortable paying out of pocket for vehicle repairs or buying a new car if yours is totaled, you may want to consider liability-only coverage to save money. Talking to a accredited indemnity agent to monetary value out your options may help you decide .
What is the cheapest insurance for a 16-year-old?
Costs for car indemnity change based on a phone number of factors, so it is important to get several quotes to compare if you are looking for the cheapest policy coverage. marry policyholders can expect to pay $ 211 more per month, on average, to add their 16-year-old driver to their car insurance policy .
Can my teen have their own car insurance policy?
Because 16-year-old teens are minors, they broadly can not own their own car policy policy. They will need to be listed as drivers on their parent or defender ’ randomness policy. Once a driver reaches 18 years previous, they can purchase their own policy policy. however, it can be financially beneficial to stay on a parent or defender ’ second policy until they move come out of the closet and establish their own family .
Methodology
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on the extra cost of a 16-year-old male and female adolescent driver added to their 40-year-old parents ’ policy ( with clean drive records, estimable credit and the following full coverage limits ) :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimal coverage that meets each state ’ second requirements. Our sample distribution drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should be used for relative purposes only. Your quotes may be different.
Rates are determined based on 2021 Quadrant Information Services data. Age: Rates were calculated by evaluating our base profile with the ages 18-60 ( base : 40 years ) applied. Age is not a contribute denounce gene in Hawaii and Massachusetts. Gender: the follow states do not use sex as a determining factor in calculating premiums : California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, Pennsylvania .