How to Find Affordable Coverage and Stay Safe on the Road Car insurance is essential for anyone who drives a car, but for teenagers, it can be especially challenging. As a teenager, you lack the ex...
Best Cheap Car Insurance for Teens ; Best for cheap coverage: Erie Insurance · Best for military: USAA · Best for bundling: Nationwide · Best for low credit scores: GEICO · Best for discounts: State Farm
Car insurance for teen drivers can be expensive. Read more to see average rates for teenagers, the cheapest insurer in your state and how to save.
Our experts have compiled our picks for the best car insurance for teenagers. Learn how to get the best cheap car insurance with coverage that works for you.
Key Takeaways ; For most teen drivers, Erie and Auto-Owners may have the cheapest annual rates, according to our study. ; Farmers has the highest sample annual rates for teen drivers in our analysis. ; In general, it’s cheaper to add a teen to an existing family policy than it is for them to buy coverage independently.
Central Insurance is the best and most affordable car insurance company for teens with its lowest average rates starting at $92 per month. ; Rates for teens on average are around $2,706 per year for minimum coverage and $5,192 per year for full coverage. ; Due to their lack of driving experience, teenagers are at the highest risk of accidents in the United States, earning them the highest car insurance rates.
With starting rates of $48 a month, Central Insurance is the best cheap car insurance company for young drivers. ; On average, car insurance for young drivers costs $2,154 per year for minimum coverage and $5,296 per year for full coverage. ; Young drivers pay higher car insurance premiums due to a lack of driving experience, higher chances of violations and risky driving and lower credit.
Geico has the lowest cost per month for adding a teen for our... adult who added a teen to their policy. The rate was $320 per month. Discounts for Teen Drivers Most car insurance providers...
USAA, State Farm, and GEICO offer some of the cheapest car insurance for 19-year-old drivers. Jessica Martel ; Evelyn Pimplaskar ; Konstantin Halachev
Key Takeaways ; The national average annual car insurance rates for young adults are $2,387 for female drivers and $2,526 for male drivers. ; On average, young adult drivers pay lower car insurance rates than teenage drivers because they have more experience behind the wheel. ; Young adults seeking cheap car insurance may be able to save on coverage by comparing quotes, maintaining a clean driving record, and exploring discounts.