Cheap car insurance for young drivers can be hard to find, but not impossible. Here are the cheapest car insurance companies for young drivers.
Young drivers tend to pay car insurance premiums well above the average. This is because of their relative inexperience behind the wheel and the fact that
Travelers offers the cheapest full-coverage car insurance for 18-year-olds, with average rates about 33% cheaper than the national average. ; Geico, State Farm, Erie Insurance and USAA round out our top five auto insurers for 18-year-old drivers. ; Full-coverage car insurance for an 18-year-old costs $5,669 per year or $472 per month on average. ; 18-year-olds entering college can take advantage of special discounts for good grades, vehicle storage, and low-mileage driving from select insurance providers.
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
Featured Car Insurance Partners ; Good · Geico ; Excellent · OK · USAA ; Very good · State Farm
Key Takeaways ; The average annual cost of a car insurance policy among insurers we analyzed is $2,068, compared to $1,459 a year ago. ; USAA has the lowest sample premiums in our study, but its policies are only available to current and former members of the military and their families. ; Erie, which is available in 12 states and Washington, D.C., has the lowest rates we found for teen drivers.
Comparison shopping to lower your car insurance bills shouldn’t be a hassle. That’s why we evaluated car insurance companies in Illinois to find the best rates for a variety of drivers.
Provider, Our Overall Rating, Average Annual Cost ; 1. USAA, 4.6, $1,054 ; 2. Erie Insurance, 4.5, $1,238 ; 3. Nationwide, 4.3, $1,281
We chose State Farm, USAA, Geico, Erie Insurance and Liberty Mutual as the best providers for new drivers. ; Depending on their location, vehicle, age and other factors, new drivers can pay $3,000 per year or more for car insurance. ; New drivers can save money on car insurance by comparing rates between providers, looking for discounts and dropping unnecessary coverage.
Compare cheap car insurance quotes for new drivers. With car insurance prices rising, comparing quotes is the easiest way to find the best price.