Average Teen Car Insurance
The average price for teen car insurance is around 2 150 per year.
Average teen car insurance. The average teen pays 1 133 for car insurance on their parent s policy every six months. Average cost of car insurance for teens and young drivers 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. Being that this is a national average teen drivers can expect to pay anywhere from 1 200 to 4 850 for car insurance on an annual basis.
Take some of the worry out of your teenager hitting the road by making certain they re properly insured. If you re a teenager and you buy your own individual car insurance policy you ll pay an average of 438 a month for it according to quotewizard research. Young drivers are far more likely to get into car accidents than older drivers. The risk is highest with 16 year olds who have a crash rate twice as high as 18 and 19 year olds.
Lowering car insurance premiums for teenage drivers. In most cases you can easily add your teenager to your existing auto insurance if they have their driver s license or permit. Like we ve said teen car insurance is expensive. In fact data shows that adding a teen to your policy raises your premium by an average of 161.
How much does it cost. Adding a teen driver to your car insurance policy will likely increase your rate. How much is car insurance for teens. And if you re a parent who adds a teen driver to your policy you ll pay an extra 278 a month on average for it.
Usaa does not provide local agents but you will be able to reach a representative 24 hours per day seven days a week. The younger the driver the more expensive the car insurance. Car insurance motorcycle boat renters and even homeowners insurance are all available. If you re a male teen driver you should expect to pay more than a female teen driver 1 207 for a six month insurance policy for a male teen versus 1 060 for a female teen.
There are ways to reduce auto insurance rates for a teen driver but buying a car for the teen and putting him on his own policy isn t one of them the average annual rate quoted for a teen driver is 2 267. Car insurance for teens costs a lot.