Finding the Cheapest Car Insurance for Teens – NerdWallet
See what you could save on car insurance
easily compare personalized rates to see how much switch car indemnity could save you.
ZIP Code
GET MY RATES Get started on Insure.com While it may not always make common sense for a adolescent driver to purchase a stand-alone policy, looking at those rates can give you a sense of how much car indemnity costs for adolescent drivers and how much prices vary. With this in mind, NerdWallet checked car indemnity rate estimates from the largest car insurers in all 50 states, plus Washington, D.C. We analyzed rates for conjectural male and female teenagers driving a 2017 Toyota Camry LE with no tickets or traffic violations. While it ’ second cheaper for a adolescent to stay on a rear ’ second or defender ‘s policy, in our analysis, these numbers can provide a benchmark for car insurance costs.
How much is car insurance for teen drivers?
Mile for mile, adolescent drivers get into cable car crashes four times a much as drivers 20 and older, according to the Insurance Institute for Highway Safety. Further, car accidents are the leading lawsuit of death for teenagers in the U.S., according to the Centers for Disease Control and Prevention. That all translates to higher indemnity costs for teens, but how a lot depends on the state where the adolescent lives, sex and age, and whether the adolescent is the primary policyholder, among early factors. Our psychoanalysis shows that a newly licensed 16-year-old driver can pay an average of 44 % more for wax coverage than a more season 19-year-old driver. While the monetary value of car insurance for adolescent drivers varies widely by state, here are the modal annual prices we found for both full and minimal coverage, by age :
- 16-year-olds : $ 6,613 for wide coverage ; $ 2,733 for minimum coverage .
- 17-year-olds : $ 5,373 for wax coverage ; $ 2,206 for minimum coverage .
- 18-year-olds : $ 4,837 for full coverage ; $ 1,938 for minimum coverage .
- 19-year-olds : $ 3,716 for wax coverage ; $ 1,451 for minimum coverage .
Full coverage indemnity policies in our analyses include comprehensive examination and collision coverage, equally well as uninsured/underinsured motorist protection and increased liability limits. Minimum coverage policies include state-mandated coverage merely.
Cheapest car insurance for teen drivers from large companies
To determine the cheapest insurers for adolescent drivers, we first looked at large companies that are available in about every country. The five largest car policy companies in the country are Allstate, Geico, Progressive, State Farm and USAA. however, USAA insures active military members, veterans and their families only. Below we ’ ve ranked the largest companies, excluding USAA, from cheapest to most expensive based on average annual prices for both full and minimum coverage .
| Geico | ||
| long time | average full coverage rate | modal minimum coverage rate |
| 16 | $ 4,148 | $ 1,574 |
| 17 | $ 3,566 | $ 1,333 |
| 18 | $ 3,158 | $ 1,167 |
| 19 | $ 2,533 | $ 916 |
| state grow | ||
| age | average full coverage rate | average minimum coverage rate |
| 16 | $ 6,329 | $ 2,613 |
| 17 | $ 4,922 | $ 2,007 |
| 18 | $ 4,414 | $ 1,774 |
| 19 | $ 3,455 | $ 1,365 |
| Allstate | ||
| old age | average full coverage rate | median minimum coverage rate |
| 16 | $ 7,779 | $ 2,892 |
| 17 | $ 6,356 | $ 2,278 |
| 18 | $ 5,545 | $ 1,831 |
| 19 | $ 4,299 | $ 1,327 |
| progressive | ||
| old age | average full coverage rate | average minimum coverage rate |
| 16 | $ 9,139 | $ 3,460 |
| 17 | $ 7,684 | $ 2,874 |
| 18 | $ 6,514 | $ 2,393 |
| 19 | $ 3,911 | $ 1,417 |
Coming from a large company doesn ’ metric ton make an indemnity policy better — local and regional insurers frequently have the cheapest rates in those areas. Before choosing a car policy party, make sure to shop around for quotes to find the cheapest insurance company in your state.
Cheapest car insurance for teen drivers by state
The cheapest car indemnity company for a adolescent varies depending on the state. For example, the cheapest average full coverage pace for a adolescent driver in Hawaii is around $ 950 annually, while the cheapest average rate in Alabama is over $ 3,000. Use the map to see the cheapest car insurance caller for adolescent drivers based on average annual full coverage rates.
Average cost of car insurance for 16-year-olds
Sixteen-year-old drivers are the most expensive to insure because they are minimally experienced. Hawaii is the cheapest state for both full and minimum annual coverage policies for 16-year-olds because the state does n’t allow the use of historic period to monetary value cable car policy. The average fully coverage rate in the state is between $ 1,000 and $ 1,100 for a driver of any senesce. interim, Louisiana is the most expensive express for annual full coverage policies for teenagers. modal full coverage rates for a stand-alone policy are over $ 11,500 per year. If you ’ re a 16-year-old driver in Louisiana, it ’ randomness highly recommended that you try to get on an pornographic ’ sulfur car insurance policy to take advantage of multidriver and other discounts. See how your department of state stacks up for wax and minimal coverage rates for 16-year-old drivers .
See what you could save on car insurance
easily compare personalized rates to see how much switch car indemnity could save you.
ZIP Code
GET MY RATES Get started on Insure.com
Average cost of car insurance for 17-year-olds
While not a dearly-won as for a 16-year-old, cable car policy for a 17-year-old driver will be a brawny total. The national annual average rate for a 17-year-old is just over $ 5,370 for broad coverage and $ 2,206 for minimum coverage. Besides Hawaii, North Carolina has the lowest annual average rate for a full-coverage policy for a 17-year-old at merely under $ 2,660. The cheapest annual minimal coverage rate for a 17-year-old in Iowa is equitable over an average of $ 930. On the early end of the spectrum, Louisiana has the highest modal wax coverage rates for 17-year-olds — $ 9,255 for a 12-month, full-coverage policy. Michigan has the most expensive annual minimal coverage rate at precisely under $ 4,070, on average. See how your country stacks up for full and minimal coverage median rates for 17-year-old drivers.
Average cost of car insurance for 18-year-olds
The national annual average pace for an 18-year-old driver with full coverage is just over $ 4,830, while the average rate for minimum coverage is $ 1,940 per year. Besides Hawaii, North Carolina offers the cheapest average full coverage rate at $ 2,398 annually, and Iowa offers the cheapest minimum coverage at $ 812. Louisiana has the most expensive rate for fully coverage, while Michigan is highest for minimum coverage. See how your state stacks up for wax and minimal coverage average rates for 18-year-old drivers.
Average cost of car insurance for 19-year-olds
Nineteen-year-old drivers are the cheapest teenagers to insure because they typically have been licensed longer and have more know on the road. The modal annual national rate for a wax coverage policy for a 19-year-old is about $ 3,717. A 12-month, minimum-coverage policy averages to about $ 1,451. Besides Hawaii, the cheapest state for a 19-year-old driver is North Carolina, which averages $ 1,490 per annum for fully coverage and slenderly under $ 550 per annum for minimum coverage. meanwhile, Louisiana has the most expensive entire coverage average — over $ 6,240 per year. Michigan has the most expensive minimal coverage policy for an 18-year-old, averaging about $ 2,890 a year. See how your state stacks up for average broad and minimum coverage rates for 19-year-old drivers .
See what you could save on car insurance
easily compare personalized rates to see how much interchange car policy could save you.
ZIP Code
GET MY RATES Get started on Insure.com
Why is car insurance for young men so expensive?
Young women can pay a draw for car policy, but in general, young men see some of the highest car insurance rates among people with clean drive records. In separate, that ’ sulfur because they are inexperienced and do n’t have a drive record for insurers to use to set rates. When indemnity companies can ’ thyroxine reference point a drive commemorate to determine how likely you are to file a claim, they rely on statistics to gauge risk and set prices. A newly licensed adolescent receives high insurance quotes because his peers file a distribute of claims, more expensive claims or both. male teenagers cause crashes at higher rates than any other group. Teens ages 16 to 19 cause about three times as many fatal accidents as adults 20 and over, according to data from the Insurance Institute for Highway Safety. Teenage boys caused roughly two-thirds of those crashes in recent years, polish from 75 % in 1975, the data shows. In accession to the gamble that they will crash, teens typically lack a accredit history, are unmarried and have n’t completed as much department of education — all of which can increase cable car policy rates. See below for how the top five car indemnity companies stack up for female and male adolescent drivers, for both full and minimum coverage policies .
| average annual fully coverage rates by gender from the five largest U.S. car insurers | ||
|---|---|---|
| company | Female adolescent drivers | male adolescent drivers |
| Allstate | $ 5,563 | $ 6,427 |
| Geico | $ 3,126 | $ 3,577 |
| progressive | $ 6,454 | $ 7,170 |
| country grow | $ 4,328 | $ 5,232 |
| USAA* | $ 3,253 | $ 3,556 |
| *USAA is available only to military, veterans and their families . | ||
| average annual minimum coverage rates by gender from the five largest U.S. car insurers | ||
|---|---|---|
| party | Female adolescent drivers | male adolescent drivers |
| Allstate | $ 1,991 | $ 2,174 |
| Geico | $ 1,180 | $ 1,316 |
| liberal | $ 2,440 | $ 2,632 |
| country farm | $ 1,759 | $ 2,120 |
| USAA* | $ 1,288 | $ 1,369 |
| *USAA is available only to military, veterans and their families . | ||
How teens can save on car insurance
If you ’ re a adolescent driver, the best way to save on car policy is to get on a rear ‘s or defender ’ randomness insurance policy. If that isn ’ t an choice for you, start by shopping around for multiple cable car policy quotes to find the cheapest rate. When shopping for cable car indemnity, be on the lookout for possible discounts, including :
Read more: Best Car Insurance for Seniors of March 2022
- good grad dismiss. Some car insurers offer discounts for maintaining a eminent GPA or getting true As .
- defensive driving dismiss. If you take a defensive drive naturally, some car insurance companies may offer you a discount rate on your pace .
- scholar away-at-school deduction. If you ’ re enrolled in college or go to school off from home, you could qualify for a student-away deduction .