Cheapest Vehicles To Insure For Teenage Drivers
Using insurance costs as a proxy for risk and safety we examined 125 cars for a sample 18 year old driver living in pennsylvania to see which types of cars insurers saw as least risky and safest.
Cheapest vehicles to insure for teenage drivers. However the cheapest cars to insure for a teen include the fiat 500 hyundai i10 nissan rogue and the mazda 6. Becoming a licensed driver can seem overwhelming. When it comes to insurance and new drivers there are a few options for parents. Top 10 cheapest cars to insure for teenagers and young drivers.
A few strategies for insurance and cars for teens. Cheapest cars to insure for teenage drivers. Assign the teen to your policy. This often means driving a small to mid sized car with a good safety rating and affordable replacement parts.
Honda civic 4 door 18 390. This is probably the most common and best way to deal with a new driver. That means your current insurer may not have the lowest price once your teen is on your. Buying a car and getting it insured is a lot of responsibility if you re over 18 a licensed driver and have the funds available to purchase a vehicle and insurance coverage you re definitely free and clear to do so.
When it comes to determining the cheapest cars to insure for a teen or young driver the answer is a little more complicated. On average insurance rates for a family adding a 3rd car and teen driver to their policy can expect rates to increase by 62. This is just a small sample of cheap to insure new vehicles on our list check out the full list here. Peugeot 107 is the cheapest car for young drivers to insure cheapest premium for a 17 year old with the car came in at 740 we reveal the best cars for under 25 year olds looking for a low.
One way to help lower costs is to drive a vehicle that is cheap to insure. The institutes set up crash tests to determine how well a vehicle protects drivers and passengers. If the car is paid for the teen driver can avoid being required to carry gap insurance that pays off the loan value if the car is totaled effectively reducing the cost of insurance premiums by eliminating a rider policy that most dealerships will require. Compare car insurance rates from at least three companies as the rates insurers charge for adding a teen can vary by a huge amount.
It s a proud day for parents when we see our young ones graduating from high school. Teenagers new drivers and young drivers pay more for insurance. Teen car insurance costs vary depending upon a number of factors such as gender state or whether the driver is on their own policy and driving record.