While paying for car insurance is far from the most enjoyable part of driving, it's a necessary part of getting behind the wheel. Here's where young drivers can find the lowest car insurance rates.
For young adults between 21 and 25 years old, the best and most affordable car insurance companies are USAA, Central Insurance and Travelers.
We evaluated coverage, rates and more to find out which companies offer the best car insurance for teens. Read on to see which insurers topped our list.
Best for affordability: Travelers ; Best for customer satisfaction: State Farm ; Best for families with multiple cars: Geico ; Best for military families: USAA ; Best for college students: Progressive ; Best for young drivers on their own policy: Auto-Owners
Key takeaways ; Motor vehicle crash deaths are near their peak among drivers aged 20 to 24, at a rate of 26.2 per 100,000 people for male drivers and 9.9 for female drivers. As a result, insurers charge high rates for this age group. (Insurance Institute for Highway Safety) · Progressive, Geico, Auto-Owners, State Farm and Nationwide tend to offer low average premiums and robust coverage options for young drivers. If you’re a young adult, searching for carriers that offer discounts you quali...
After extensive industry research, our picks for the best car insurance for new drivers include USAA, Travelers, Geico, Nationwide and State Farm.
Now is a good time to check to make sure you are getting the very best auto insurance rates for your car. Because if you drive a car, you need auto insurance. So why not take a few extra minutes to...
25 year-old drivers pay an average of $256 per month for full coverage and $84 per month for minimum coverage. ; USAA, Auto-Owners Insurance, Travelers and Nationwide provide some of the cheapest car insurance rates for 25-year-olds on average. ; Geico, USAA and Nationwide are some higher ranking companies from our study that have great coverage options, savings opportunities and positive customer experiences. ; 25-year-old drivers don’t have to worry about the same hefty rates that teen drivers do, but their rates are still typically higher than rates for older drivers in their 30s and 40s.
Car insurance costs more for 21-year-old drivers than it does for older drivers due to a lack of experience on the road, but costs decrease with age. ; On average, car insurance for 21-year-old drivers costs about $4,186 per year for full coverage and about $1,441 per year for minimum coverage, based on our rate estimates. ; Drivers of all ages can bring their car insurance costs down by comparing providers and seeking out discounts.
Geico ; USAA ; State Farm ; Progressive ; The price of car insurance fluctuates depending on a variety of factors -- but one of the biggest determinants of that price is your age. Since teens and young drivers are just getting started behind the wheel, they are typically the costliest age cohort to insure. On average, parents can expect to see their annual insurance bill increase by $2,168 when adding a 16-year-old driver to their full coverage car insurance policy, according to Bankrate. To be ...