Car insurance for 18-year-olds
Let ’ s start off with the bad news—the average monetary value of car indemnity for an 18-year-old is $ 5,335 per year, which breaks down to approximately $ 444 each month. Compared to the national average rate of $ 1,555, it ’ s immediately apparent that insuring 18-year-old drivers is not cheap. Parents who add their 18-year-old child to their cable car indemnity policy will besides see a huge rate addition, but not a much as an 18-year-old would pay as the independent policyholder. The average monetary value of adding a adolescent driver to an insurance policy is around $ 4,048 for a male and $ 3,819 for a female. When an 18-year-old purchases their own car policy policy, there are a few factors that impact their pace. chiefly, insurance companies look at their country and zipcode, their claims history, and the type of car they drive. As the driver gets older, their car insurance premium will start to drop. however, they won ’ thyroxine see a significant reduction in premium until they are well into their 20 ’ mho. $ 5,335 The average annual cost of car policy for an 18-year-old is
18-year-old car insurance rates: male vs female
many people don ’ triiodothyronine recognize that gender plays a function in cable car insurance rates, particularly among a younger demographic. On average, 18-year-old females pay $ 5,009 per year for policy, and males pay $ 5,661 per year—that ’ s a pretty significant difference. Women tend to have cheaper indemnity rates because statistically, they are less probably to get into a major accident or get charged with a DUI .
Annual rate for 18-year-olds
| Gender | Average annual rate for 18-year-olds |
|---|---|
| Female | $5,009 |
| Male | $5,661 |
quadrant information services, 2020 Adding a adolescent driver to a parent ’ randomness indemnity policy is cheaper than an 18-year-old buy their own indemnity. In summation, the deviation between male and female insurance rates is much smaller. Adding a female driver costs approximately $ 3,819 per year, and adding a male driver costs $ 4,048. That ’ s only a difference of about $ 200, compared to the $ 600 difference between 18-year-old male and female drivers. As drivers get older, gender becomes less of a component in determining their car policy rate. In fact, premiums for drivers who are 30 and older are significantly less than they are for drivers under 20 .
How much is car insurance for 18-year-olds in my state?
car insurance rates vary significantly by state of matter. This is the subject for all drivers, careless of their age. In the table below, we ’ ve listed the average car insurance rates for 18-year-old drivers based on state of matter and sex .
Average cost of insurance by state for 18-year-olds
| State | Average annual rate for 18-year-old female | Average annual rate for 18-year-old male | Overall average annual rate for 18-year-old |
|---|---|---|---|
| Alaska | $4,326 | $5,290 | $4,808 |
| Alabama | $4,701 | $5,613 | $5,157 |
| Arkansas | $4,162 | $4,976 | $4,569 |
| Arizona | $4,953 | $5,727 | $5,340 |
| California | $5,366 | $5,602 | $5,484 |
| Colorado | $5,252 | $6,011 | $5,632 |
| Connecticut | $6,326 | $7,202 | $6,764 |
| District of Columbia | $5,031 | $6,196 | $5,613 |
| Delaware | $5,948 | $7,240 | $6,594 |
| Florida | $6,519 | $7,737 | $7,128 |
| Georgia | $4,892 | $5,727 | $5,310 |
| Hawaii | $1,182 | $1,189 | $1,186 |
| Iowa | $2,438 | $2,938 | $2,688 |
| Idaho | $3,074 | $3,566 | $3,320 |
| Illinois | $4,379 | $5,197 | $4,788 |
| Indiana | $2,813 | $3,469 | $3,141 |
| Kansas | $3,942 | $4,581 | $4,262 |
| Kentucky | $4,932 | $5,751 | $5,340 |
| Louisiana | $6,765 | $7,672 | $7,218 |
| Massachusetts | $4,941 | $4,942 | $4,941 |
| Maryland | $5,130 | $6,209 | $5,669 |
| Maine | $2,446 | $2,891 | $2,668 |
| Michigan | $7,205 | $7,318 | $7,262 |
| Minnesota | $3,542 | $4,190 | $3,866 |
| Missouri | $4,550 | $5,421 | $4,986 |
| Mississippi | $4,051 | $4,845 | $4,448 |
| Montana | $4,166 | $4,151 | $4,159 |
| North Carolina | $2,605 | $2,605 | $2,605 |
| North Dakota | $3,856 | $4,524 | $4,190 |
| Nebraska | $3,454 | $3,969 | $3,712 |
| New Hampshire | $4,431 | $5,190 | $4,811 |
| New Jersey | $7,324 | $7,981 | $7,647 |
| New Mexico | $3,873 | $4,558 | $4,216 |
| Nevada | $6,852 | $7,930 | $7,391 |
| New York | $7,384 | $8,589 | $7,978 |
| Ohio | $3,082 | $3,506 | $3,294 |
| Oklahoma | $4,398 | $5,141 | $4,770 |
| Oregon | $4,222 | $4,673 | $4,448 |
| Pennsylvania | $4,803 | $4,798 | $4,800 |
| Rhode Island | $7,493 | $8,432 | $7,954 |
| South Carolina | $3,753 | $4,363 | $4,058 |
| South Dakota | $3,739 | $4,419 | $4,079 |
| Tennessee | $3,854 | $4,345 | $4,099 |
| Texas | $5,358 | $6,576 | $5,967 |
| Utah | $4,489 | $5,226 | $4,858 |
| Virginia | $3,045 | $3,595 | $3,320 |
| Vermont | $3,193 | $3,842 | $3,518 |
| Washington | $3,413 | $4,099 | $3,756 |
| Wisconsin | $4,079 | $4,649 | $4,364 |
| West Virginia | $4,436 | $5,319 | $4,877 |
| Wyoming | $3,643 | $4,649 | $4,146 |
quadrant information services, 2020
Most expensive states for car insurance for 18-year-olds
18-year-olds pay the most money for cable car policy in the keep up five states :
- New York—$7,978
- Rhode Island—$7,954
- New Jersey—$7,647
- Nevada—$7,391
- Michigan—$7,262
Why is indemnity indeed expensive in these areas ? well, these five states happen to be among the most expensive states for car policy for drivers of all ages. New York, New Jersey, and Michigan are considered no-fault states, which means drivers have to carry personal injury auspices ( PIP ), which comes at an add monetary value. Drivers in Rhode Island and Nevada pay huge premiums because they have a high population concentration, which means many drivers are sharing the same handful of roads, which increases the chance of an accident.
Least expensive states for car insurance for 18-year-olds
now for the least expensive states for car policy as an 18-year-old :
- Hawaii—$1,186
- North Carolina—$4,058
- Maine—$2,668
- Iowa—$2,688
- Indiana—$3,141
These states are the cheapest for car policy, in contribution, because they all have a low rate of uninsured drivers. In fact, Maine has the fewest number of uninsured drivers of any state, according to the Insurance Information Institute. Hawaii and Maine besides have a relatively abject rate of black car accidents .
Car insurance rates by insurance carrier for 18-year-olds
Every indemnity provider charges a slightly different rate for policy. Based on our sample distribution quotes, Erie, USAA and Geico offer the lowest rates for 18-year-old drivers. In comparison, The Hanover, Farmers and MetLife had the most expensive premiums. For most 18-year-old drivers, we recommend checking out Erie and Geico. Erie offers a dismiss for drivers who are under 21, and accident forgiveness is included in every policy. Geico offers a good scholar dismiss based on GPA, along with a long list of other savings. slightly higher in average premiums, Travelers besides offers some great discounts for unseasoned adults, including a good scholar dismiss, scholar off at school dismiss and driving train dismiss. If your spouse or parent is affiliated with the military, we besides suggest looking into USAA. not only does USAA typically offer competitive rates, but they besides have amazing customer service, a driver training discount and a good scholar discount. USAA policy is besides available to ROTC students and military officer candidates in a commission program. The chart below compares the average car indemnity premiums for male and female 18-year-olds based on provider .
| Company | Average annual rate for 18-year-old female | Average annual rate for 18-year-old male | Overall average annual rate for 18-year-olds |
|---|---|---|---|
| The Hanover | $11,518 | $11,792 | $11,651 |
| Farmers | $7,081 | $7,908 | $7,493 |
| MetLife | $6,915 | $8,054 | $7,485 |
| Progressive | $6,314 | $7,037 | $6,675 |
| Allstate | $6,037 | $7,005 | $6,521 |
| State Farm | $5,027 | $5,990 | $5,506 |
| Nationwide | $4,541 | $5,594 | $5,067 |
| AAA | $4,575 | $5,160 | $4,868 |
| Travelers | $4,338 | $5,126 | $4,731 |
| GEICO | $4,264 | $4,779 | $4,521 |
| USAA | $3,365 | $3,669 | $3,516 |
| Erie | $2,256 | $2,570 | $2,413 |
How to get cheap car insurance for 18-year-olds
As the data above clearly illustrates, car insurance for 18 years olds is substantially more expensive than average. fortunately, there are always things you can do to save money and lower your rate. here are a few options :
Raise your deductible
Your deductible is the come of money you ’ re required to pay out-of-pocket towards a traverse loss before the insurance company will reimburse you. The higher your deductible, the lower your monthly payments will be — particularly with collision coverage. If you choose this option, make sure you choose a deductible that you can afford if you need to file a claim .
Take advantage of discounts
Most policy companies offer discounts that can lower your premium, so make sure you ’ re taking advantage of all the discounts you are eligible for. If your cable car has certain safety features that qualify for a discount rate, like anti-lock brakes, make indisputable your indemnity party knows. besides ask if there are any unadvertised discounts you can claim. For exemplify, you might be able to save some money by enrolling in paperless charge .
Take a defensive driving course
It ’ randomness common for insurance companies to offer a discount rate to drivers who take an approved defensive driving course — or other driver condom class. Some policy companies will even offer to pay for it. The actual discounts vary by company, but careless, you will see extra savings on your premium .
Shop around
The best way to save money on your car policy is to shop around and get quotes from different providers. That way, you can compare rates and see which party can offer you the best cope for the coverages you ’ re seeking. Compare the discounts each caller offers arsenic well because that can lower your rate even more .
Car insurance rates for 18-year-olds with good student discount
fortunately for this senesce group, it ’ second common for policy companies to offer a good student deduction for drivers who get good grades in school. On average, students who can claim a dependable scholar dismiss save about 9 % on their annual indemnity premium. For exemplar, an 18-year-old who pays the average rate of $ 5,335 can lower their pace to $ 4,925 if they qualify for a good student deduction. That ’ s a savings of over $ 400 .
In what states does the good student discount save you the most?
18-year-olds who live in Minnesota, Maine and Vermont will reap the biggest benefit from a thoroughly student rebate. here ’ s a look at the average commodity scholar dismiss savings in 10 states :
Good student discount savings
| State | Average annual rate for 18-year-olds with discount | Average annual rate for 18-year-olds without discount | Savings |
|---|---|---|---|
| Minnesota | $3,226 | $3,866 | 20% |
| Maine | $2,258 | $2,668 | 18% |
| Vermont | $3,025 | $3,518 | 16% |
| Illinois | $4,216 | $4,788 | 14% |
| Wyoming | $3,665 | $4,146 | 13% |
| South Dakota | $3,607 | $4,079 | 13% |
| Arkansas | $4,042 | $4,569 | 13% |
| Nebraska | $3,288 | $3,712 | 13% |
| Idaho | $2,943 | $3,320 | 13% |
| Missouri | $4,422 | $4,986 | 13% |
The takeaway
- 18-year-olds pay an average of $5,355 for car insurance.
- Males pay more than females—over $600 more per year.
- Young drivers should take advantage of discounts to lower their rate.
car insurance for 18-year-olds is incredibly expensive—there ’ s no way around it. 18-year-olds have minimal driving experience, and because of that, they pose a high gear risk to insure. however, most policy companies offer respective discounts aimed at helping young drivers lower their pace. Before choosing an policy provider, 18-year-olds should shop around, get multiple quotes and compare rates to find a policy that doesn ’ thymine blow their budget .
Methodology
coverage utilizes Quadrant Information Services to analyze quoted rates from thousands of slide fastener codes across all 50 states including Washington D.C. Quoted rates are based on the profiles of a 18-year-old male and female, each with a blank record driving a 2016 Honda Civic. The drivers had the adopt coverage details :
- $50k bodily injury liability per person
- $100k bodily injury liability coverage per crash
- $50k property damage liability coverage per crash
- $500 collision coverage deductible
- $500 comprehensive coverage deductible
To look at the effect of a good driver discount, we analyzed rates for the profile both with and without the dismiss applied. These rates should be used to inform your car indemnity patronize process, but note that your actual rates may differ .