Best Car Insurance For Young Male Drivers
That s according to moneysupermarket data for quotes run between april and june 2019.
Best car insurance for young male drivers. Being a decade older will slash this cost in half with the average fully comprehensive premium for 25 to 29 year olds costing 787. The cost of car insurance for young drivers can be very expensive. While it runs counter to commonly held beliefs men paid less on average for car insurance in 2020 than did women by a little over half a percent. Many young drivers will be involved in a road accident during the first year of insurance and young drivers are more likely to cause injury to their passengers.
The best advice that can be made for young male drivers is to practice common sense behind the wheel. According to our state of insurance report men paid an average of 1 548 per year for car insurance while women paid 1 558. The cost of car insurance for young drivers is notoriously high with 17 to 24 year old s often paying well over a thousand pounds a year for the privilege of being on the road. The cost of car insurance for under 25s has dropped a bit this year because of coronavirus as lockdown has meant there ve been fewer claims.
A male young adult driver profile could expect to pay 1 094 per year for their car insurance policy through usaa. Average cost of car insurance for teens and young drivers age and gender are major factors insurers use to determine teen auto insurance rates. Use our step by step guide to find out how you can cut costs. Avoid driving with alcohol in the vehicle driving while intoxicated always wear a seat belt and avoid any cell smartphone usage while driving any automobile.
It s an unfortunate fact that young male drivers have more serious crashes than their female friends. Both are more than 500 below the average representative prices for our young adult driver profiles in our rate study of the nation s largest insurance companies. On average a 16 year old pays around 2 661 for an. But with the average car insurance cost for a 20 24 year old over 900 yr premiums are still eye wateringly high.
It s certainly not the easiest to get insurance as a young male driver. Fair car insurance that treats you as an individual. The only way to know which insurance companies are best for young adults is to compare competing quotes from a handful of auto insurance companies every car insurance company prices their policies differently. Only young male drivers paid more than their female counterparts.
Young male drivers aged between 17 and 19 can expect to pay an average of 1 149 for a fully comprehensive policy. This is because a young driver is statistically more likely to crash. Although car insurance rates are highest for teenagers young adult drivers often pay more for insurance until they are 25 or 26 or even up to 30.