Finding the Cheapest Auto Insurance for a 23-Year-Old
Currently Insured vs Uninsured Car Insurance for 23-Year-Old
Who pays more on their car indemnity, a driver who presently has car insurance coverage, or a driver who does not ? For a 23-Year-Old driver with continuous coverage, the monthly insurance rates could be around $ 163.24. Whereas existing drivers without prior coverage and are looking to get a new policy could be paying a agio of $ 172.89 a calendar month. That ‘s a $ 9.65 remainder on their monthly premium that they could be saving. Compare rates and get car indemnity quotes with SmartFinancial today .
| Age | Monthly Premium for Insured | Monthly Premium for Uninsured | Difference |
|---|---|---|---|
| 23-Year-Old | $163.24 | $172.89 | $9.65 |
How Much Does it Cost to Insure 23-Year-Old by Gender?
In some states, there are low-cost rates for a 23-Year-Old driver depending on their gender. Let ‘s look at the monetary value differences for individuals who pay their premiums on a semiannual basis. A 23-Year-Old female would pay $ 1,022.00 every 6-month compared to a 23-Year-Old male driver who would have an average monetary value of $ 1,085.00. however, these prices may be lower based on car policy companies and drivers making semiannual payments. Try comparing pace quotes now and receive multiple quotes in just minutes ! modal monetary value of Car Insurance for 23-Year-Old Female
| Age | Avg. Annual Payments | Avg. 6-Month Payments | Avg. Monthly Payments |
|---|---|---|---|
| 23-Year-Old Female | $ 2,043.00 | $ 1,022.00 | $ 170.00 |
average cost of Car Insurance for 23-Year-Old Male
| Age | Avg. Annual Payments | Avg. 6-Month Payments | Avg. Monthly Payments |
|---|---|---|---|
| 23-Year-Old Male | $ 2,170.00 | $ 1,085.00 | $ 181.00 |
Some states do not use sex as a denounce factor when determining car insurance premiums. According to the Consumer Federation of America, these states include California, Hawaii, Massachusetts, Montana, Pennsylvania and North Carolina .
Car Insurance for 23-Year-Old by Vehicle
What are the best cars for a 23-Year-Old ? The make and mannequin of your vehicle is one of the chief factors carriers consider when determining how much you ‘ll pay for your policy. typically, 23-Year-Old drivers who own a Toyota will have a monthly payment of about $ 174.00. Honda vehicle owners pay $ 177.00 a month. In comparison, drivers with Ford vehicles have an average monthly rate of $ 163.00 whereas BMW owners pay about $ 204.00 a month on their car insurance policies. On median, the cheapest fomite manufacture to insure is Isuzu for which the driver pays a premium of $ 121.00 a calendar month .
| Vehicle Make | Avg Monthly Rate |
|---|---|
| Chevrolet | $ 165.00 |
| Ford | $ 163.00 |
| Honda | $ 177.00 |
| Toyota | $ 174.00 |
| Nissan | $ 183.00 |
| Hyundai | $ 189.00 |
| Dodge | $ 178.00 |
| Kia | $ 187.00 |
| Jeep | $ 163.00 |
| Volkswagen | $ 177.00 |
| Chrysler | $ 173.00 |
| Mazda | $ 173.00 |
| Bmw | $ 204.00 |
| Buick | $ 150.00 |
| Subaru | $ 158.00 |
| Acura | $ 184.00 |
| Mitsubishi | $ 174.00 |
| Mercedes-Benz | $ 231.00 |
| Infiniti | $ 205.00 |
| Lexus | $ 191.00 |
| Audi | $ 205.00 |
| pontiac | $ 150.00 |
| Cadillac | $ 178.00 |
| Gmc | $ 123.00 |
| Vehicle Make | Avg Monthly Rate |
|---|---|
| Ram | $ 191.00 |
| Lincoln | $ 157.00 |
| saturn | $ 147.00 |
| Volvo | $ 166.00 |
| mercury | $ 146.00 |
| Tesla | $ 247.00 |
| Mini | $ 144.00 |
| scion | $ 217.00 |
| Suzuki | $ 152.00 |
| Land Rover | $ 203.00 |
| Porsche | $ 153.00 |
| Jaguar | $ 222.00 |
| Oldsmobile | $ 149.00 |
| Fiat | $ 156.00 |
| Saab | $ 135.00 |
| Lamborghini | $ 325.00 |
| Isuzu | $ 121.00 |
| Maserati | $ 308.00 |
| ache | $ 179.00 |
| Alfa Romeo | $ 272.00 |
| Ferrari | $ 159.00 |
| Bentley | $ 185.00 |
| Plymouth | $ 162.00 |
Does Ages Affect Car Insurance Rates?
In general, teenagers pay the most for cable car policy premiums. Their rates will lower steadily as they get older. A adolescent driver will pay a monthly agio of $ 263.74 as opposed to a 30-year-old who spends about $ 121.41 a month. There are price differences between drivers who are presently insured and uninsured. For people in their 20s, the monthly premium is $ 169.26. however, if they are presently uninsured, rates go up to an average of $ 182.54 a calendar month. Drivers in their 40s and are presently insured wage about $ 112.57, but a presently uninsured driver ’ s rates are slightly higher .
| Age Group | Monthly Premium for Insured | Monthly Premium for Uninsured |
|---|---|---|
| Teenage | $263.74 | $282.07 |
| 20s | $169.26 | $182.54 |
| 30s | $121.41 | $126.53 |
| 40s | $112.57 | $113.66 |
| 50s | $100.46 | $102.04 |
| 60s | $98.74 | $103.04 |
| 70+ | $119.07 | $128.51 |
Methodology
The statistics listed on this page are from our own in house report. We track and criminal record quotes that carriers have provided based on versatile criteria. The rates and averages shown on this page should only be used as an estimate .