Why is car insurance so expensive for 18-year-old drivers ? The independent reason is insurers often consider 18-year-olds and other teens to be bad drivers ascribable to their lack of feel on the road .
This doesn ’ thymine mean you can ’ metric ton get brassy car insurance as an 18-year-old male or female. You can, but you may need to look a little heavily for it than you would if you were older and had more years behind the wheel .
Where you buy your policy frequently has a big shock on how much you pay for it. Our data shows that if you buy minimum-coverage car insurance from State Farm as an 18-year-old driver, for instance, you’ll pay $2,203 per year, on average. That ’ s closely $ 1,000 less than the average rate for all 18-year-olds.
This article covers :
How much is car insurance for an 18-year-old?
The average price of car indemnity for an 18-year-old is $ 266 per calendar month, based on our data .
This average rate is for the minimum come of coverage your submit requires. If you buy full-coverage car insurance rather, you ’ ll pay an average of $ 539 per calendar month for it .
besides, this design includes both male and female drivers. You will likely pay more than the average cost of $ 266 per calendar month for state-minimum car policy if you are an 18-year-old male, and you will probably pay less than that measure if you are an 18-year-old female. This is because young men normally pay more for car policy than unseasoned women .
What are the best car insurance companies for 18-year-olds?
State Farm is the best car insurance company for 18-year-old drivers who are looking for cheap, widely available coverage, with an median rate of $ 184 per calendar month .
If you ’ re 18 years old and live in one of the handful of states Mercury and Erie serve, they may be the best car policy companies for you. Mercury ’ sulfur average monthly rate for minimum-coverage car policy is $ 135, while Erie ’ s average monthly rate for the lapp character of policy is $ 137 .
USAA is likely the best car indemnity party for you if you ’ ra 18 years old and either a extremity of the military or closely related to person who is. USAA offered our sample 18-year-old driver minimum-coverage car insurance for $ 120 per month .
GEICO and Allstate offer bum car policy for 18-year-olds deoxyadenosine monophosphate well, according to our research. GEICO offered our sample driver a state-minimum policy for an median rate of $ 256 per month, while Allstate ’ mho average monthly rate was $ 263 .
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State Farm is also the best auto insurance company for 18-year-olds who want to buy a full-coverage policy from a provider that serves every state and a wide range of drivers. It offered our sample 18-year-old driver full-coverage car policy for $ 357 per calendar month, on median .
Erie may be an tied better and cheaper company for you as an 18-year-old driver if you live in one of the 12 states ( or Washington, D.C. ) it services. Its median monthly rate, based on our data : $ 265 .
How much does it cost to add an 18-year-old to a car insurance policy?
It costs $2,250 per year to add an 18-year-old driver to a parent’s car insurance policy, on average, according to our survey data .
That may sound like a fortune, but it ’ sulfur far cheaper than if the 18-year-old and rear bribe freestanding car policy policies. Our research found that when an 18-year-old and their 50-year-old rear bought discriminate car insurance policies, they paid a total of $ 6,277 per year, on modal. When that same 18-year-old and 50-year-old parent bought a cable car policy policy that covered them both, though, they paid $ 3,577 per class. That ’ s a savings of $ 2,700 per year .
Given that, if you ’ re 18 years honest-to-god and you have a parent who can — and is volition to — add you as a driver to their car indemnity policy, take them up on the offer. It is the easiest and best means to save money on cable car insurance as an 18-year-old .
How can I get cheap car insurance at age 18?
Although car indemnity is expensive for 18-year-olds, there are things you can do to lower your rates and save money on coverage, such as :
- Drive an older or cheap vehicle and get minimum-coverage car insurance for it.
- Stay on your parents’ car insurance policy or get added to it.
- Shop around and compare quotes from several insurance companies.
Discounts can help you get cheap car insurance as an 18-year-old, too. here are some popular indemnity discounts available to adolescent drivers :
- Good student discount. If you’re a student at a university, college or high school and you have decent grades, you may be eligible for savings. You’ll need to provide proof of good grades, though — usually a B average or better.
- Defensive driving discount. Graduating from an accredited defensive driving course can save you money, too. Why? It proves to insurers that you care about safety on the road.
- Resident student discount. Some insurance companies offer discounts to students who attend school more than 100 miles from home.
Do car insurance rates go down at age 18?
If you are 18 years old and you have been driving for a copulate of years, your cable car insurance rates may start to go down. You can expect a more noticeable drop in car insurance rates at age 20, though, and an even bigger one at age 25.
Most drivers see their car indemnity rates steadily decrease from senesce 16 to 25 for every class they keep their records clean .
Methodology
The sample quotes used for this review are based on 18-year-old and 50-year-old drivers who have clean drive records and excellent credit. They besides own 2012 Honda Accord LXs and drive them 13,500 miles per year .
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