Auto Insurance Companies For 18 Year Olds

Why is car insurance so expensive for 18 year old drivers.

Auto insurance companies for 18 year olds.

Each insurance company uses different calculations to decide what you pay for coverage. Nationally 18 year olds paid over 4 700 per year for car insurance which comes out to almost 400 a month. Therefore insurance rates for 18 year olds will be almost identical to those of younger drivers. Comparison shopping is one of the easiest ways to save on car insurance.

The average cost for insurance for an 18 year old female is 4 772. Refer to the chart below to see average car insurance costs by age and state for full coverage. That s for a policy of her own that includes comprehensive and collision coverage with liability limits of 100 300 100. It s integral to shop around as much as possible at this age especially if you re not covered on a parent s policy as rates will differ from insurer to insurer.

Car insurance for young drivers is expensive as you ll see in the table below but you can still save by putting the teen on your policy rather than getting him or her their. Cheap car insurance for an 18 year old. Car insurance premiums are generally higher for younger drivers. Drivers who were licensed when they were 17 and had a year of experience out on the road had crash rates that were almost 35 lower than 18 year olds who were just starting to drive.

By the time they reach 19 years of age. Comparing car insurance quotes. Car insurance cost for an 18 year old female. Age and gender are major factors insurers use to determine teen auto insurance rates.

On average a 16 year old pays around 2 661 for an annual premium. Car insurance for an 18 year old. How much does car insurance cost for 18 year olds. A great way to keep your teen safe and possibly save a bit of money is to monitor them.

That means the price for the exact same policy can differ significantly among insurers. Although 18 year olds are considered adults and can vote when it comes to car insurance 18 year olds are still grouped together with 15 16 and 17 year old drivers. Enter your state in the search box to see what you can expect to pay. Car insurance for a 16 year old.

For example a fully comprehensive car insurance policy costs on average 1 028 for people aged 17 to 19 however the older you get the lower the premiums go. Car insurance for a 17 year old. Drivers age 16 to 19 are a third more likely to die in a crash than drivers age 40 49 according to the department for transport.