Cheapest Auto Insurance For Young Adults
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.
Cheapest auto insurance for young adults. For young adults geico comes through again with the lowest auto insurance rates. Comparing the top five car insurers geico is the cheapest company for male drivers between the ages of 20 and 25. 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. The risk is highest with 16 year olds who have a crash rate twice as high as 18 and 19 year olds.
Not coincidentally these tend to be the companies who offer the lowest auto premiums for adults as well. A male young adult driver profile could expect to pay 1 094 per year for their car insurance policy through usaa. That risk is reflected in the average car insurance rates for teenagers. 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.
Below we ve compiled a list of who we believe to be the companies offering the best insurance for young drivers. Young adults who work for certain corporations or even a small to medium sized business with special discount programs may qualify for an auto insurance discount. Speak with your human resources department to find out if your company is taking part in a group car insurance discount plan. 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.
The female profile has a study rate of 1 038 per year. The best cheap health insurance for young adults will depend on your age current financial situation whether you re a student or employed and where you currently are in your life. Cheap auto insurance companies for teens and young adults. Let s look at the cheapest car insurance companies for young male drivers and additional ways to save on a policy.
We requested a geico car insurance quote for a young adult living in san francisco california and received a. Compare car insurance plans for young adults which companies are best for young drivers some auto insurance companies are better than others when it comes to insuring young adults though. In this guide we look at all the health insurance options available for young adults and evaluate which make the most sense for young applicants in different life situations.