Learn everything you need to know about how much car insurance is for teens and discover what you have to do to find the policy that best fits your needs.
Parents of teens can save by shopping around for car insurance coverage and choosing a company with relevant 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 clear, that’s not the total cost but an added cost. In comparison, the average annual prem ...
Student drivers typically pay some of the highest rates for auto insurance among all driver types. ; To qualify for a good student discount, you must usually earn at least a B average in your classes and submit proof to your insurer. ; Auto insurance companies with popular good student discounts include State Farm, Geico and USAA.
Find the best cheap car insurance for teens. See which insurance companies offer the lowest rates and best discounts.
Finding the right car insurance for teens requires a little creativity and checking quotes from multiple insurers to find the right mix of discounts.
Our analysis found the best and most affordable car insurance companies for teens are Central Insurance, Erie Insurance and Country Financial.
Teen drivers have unique car insurance needs, and State Farm's offerings are good enough to make it our pick as the best car insurance for teens.
Our Picks for Best Online Therapy for Teens Best Overall – Teen Counseling Best for Texting/Messaging – Talkspace Best With Insurance – Bend Health Best for Medication Management...
Key takeaways ; 18-year-old drivers on their own policy pay the highest car insurance premiums out of the age groups Bankrate analyzed. ; The most significant difference in premiums by gender occurs at age 18. On average, 18-year-old males cost 5 percent less to insure than their female counterparts. ; As drivers age, the difference in premium between genders narrows. At age 50, for instance, males only pay 5 percent more more on average per year for full coverage than 50-year-old females.