Auto Insurance For 16 Year Old

Ranged from 651 to 15 104 per year.

Auto insurance for 16 year old.

Car insurance for a 19 year old. Car insurance for 16 year old male drivers finding best rates finding affordable insurance for high risk teen drivers. Learn how much it costs for car insurance for a 16 year old driver. However going accident free and avoiding traffic tickets a teen will see his or her car insurance rates decline each year.

Many factors go into the cost of your auto insurance policy including how you purchase the policy. Insurance coverage and discounts are subject to terms conditions and availability which may vary by state. Allstate car insurance review. 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.

The average auto insurance cost for 16 year old drivers is 315 month 3 775 year to add a teen driver to your policy. Compare cheap 16 year old car insurance quotes online now to save. Car insurance for teens is more than any other age group. So if your car is totaled in a covered collision the maximum amount your insurer would pay you to help replace it is the car s depreciated value.

Online through a call center or with an agent. On average the cheapest states were maine hawaii and indiana while the most expensive states were michigan louisiana and new york. Since 16 year old teens cannot legally sign contracts including car insurance agreements they typically get insurance coverage by being added to their parents existing auto insurance policy. The additional premium cost was determined by adding a 16 year old male driver to the base policy.

The premium profile used a base auto insurance price for an owned 2019 honda accord driven by a 40 year old man with full coverage 100 300 50 liability plus comprehensive and collision insurance and a 500 deductible. How much is auto insurance for a 16 year old. If you want to keep the rates low and find cheap car insurance for teens and young drivers review our impartial list we compiled for the best car insurance for teens. Car insurance rates for 16 year old males can be different than 16 year old females.

Car insurance for a 16 year old driver is close to 7 000 on average for a year of full coverage on their own policy. How to properly insure a driver using a learner s permit. A standard car insurance policy may include comprehensive coverage or collision coverage with limits based on the car s depreciated value its actual cash value. Car insurance for an 18 year old.

That s more than 5 000 over the national average for drivers age 30. Discount amounts and total savings will vary.