The bottom line car insurance rates for a 21 year old.
Auto insurance for 21 year old.
A typical car insurance policy for a 21 year old that meets the state mandated liability coverage requirement will cost about 875 a year.
The national average cost for car insurance for 6 months for a 21 year old is 1199.
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 freedom to get behind the wheel of a car and drive yourself wherever you want to go with no need for mom or dad to serve as chauffeur.
The price of car insurance for a 21 year old.
Although a 21 year old is no longer a teen driver they re still considered a risky client to an insurance company.
You will pay less to your parents paying the difference than you will for a policy on your own.
Type of coverage being sought.
Car insurance for a 19 year old.
Currently the average cost of a car insurance policy for a 21 year old is around 1 284 for six months of coverage.
Car insurance for an 18 year old.
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.
Refer to the chart below to see average car insurance costs by age and state for full coverage.
On the other hand.
Car insurance for a 17 year old.
Value of the vehicle.
However this amount can vary greatly depending on the.
The cost of full coverage car insurance usually decreases with age and just a few years can result in widely different annual premiums for young drivers.
The average 21 year old pays 4 453 per year in insurance premiums which is 2 747 less than the average 18 year old at almost 7 200.
With that freedom sometimes comes the grown up responsibility of car insurance.
Average car insurance rates by age and state.
On average a car insurance policy for a 21 year old driver will cost 1 584 about 850 more than the national average.
As long as the child lives at home however be they 16 18 21 or 60 she can remain on a parent s insurance plan.
If you can stay on your parent s policy as long as possible to save money on car insurance.
Enter your state in the search box to see what you can expect to pay.
Young drivers may wonder can i get good car insurance if i m under 25 the answer is yes.