12 Best Cheapest Car to Insure for Teenager

12 Best Cheapest Car to Insure for Teenager

You should take into account several things in addition to the kind of vehicle while looking for the cheapest car insurance for a kid. Age, place of residence, and gender of the adolescent are a few of these variables.

Safety is typically the priority for parents when choosing the finest vehicles for teenagers. The likelihood of causing property damage or injury determines how much insurance for an automobile will cost. estimating risk and safety using insurance costs

You know how it is… you see a car you like, but the Insurance is way too expensive and you can’t afford it. That’s where we come in! We have conducted hundreds of searches on what is the best cheapest car to insure for teenagers and have come up with the results that might interest you.

Best Cheapest Car to Insure for Teenager

The best way to save money on your car insurance is by keeping your premium low and driving safely. You can do this by avoiding accidents, obeying traffic laws, and getting into an accident less often than other drivers on the road.

If you’re looking for a cheap car insurance policy, consider factors such as the following:

Age of Teenager

Teenagers are more likely than older drivers to be involved in accidents that result in death or serious injury. As a result, teens can see their premiums go up significantly when they get their license. The best way to lower your teen’s rates is by waiting until they’ve been driving for some time and have proven themselves responsible drivers. If you plan on buying them a car soon, try finding one with low mileage before settling on the one that’s right for them.

Driving Record

The better your teen’s driving record, the lower their premiums will be. If they’ve had only minor traffic violations or tickets, they’ll probably be able to afford a better rate than someone who has been convicted of drunk driving or speeding tickets multiple times over many years of driving history.

Adding an adolescent driver to an adult’s vehicle insurance coverage is typically far less expensive than getting a separate policy. Additionally, shopping around and comparing prices from different providers is the best way to find the most affordable coverage.

Looking at those rates can give you an idea of how much teen driver car insurance costs and how much prices vary, even though it might not always make sense for a teen driver to purchase a stand-alone policy. In light of this

These are the top 12 Best Cheapest Car to Insure for Teenager with yearly insurance rates. Average Annual Car Insurance

• • Toyota Sienna $ 2,808
  • Ford Mustang $ 2,821
  • Mini Paceman: $2807
  • Subaru Legacy: $2792
  • Honda Odyssey: $2788
  • Fiat 500L 19: $2786
  • Smart Fortwo: $2776
  • Volkswagen Routan: $2769
  • Mini Countryman: $2766
  • Volkswagen Golf GTI: $2740
  • Subaru Outback: $2735
  • Mazda MX-5 Miata: $2640

The Cheapest Cars to Insure for Young Drivers – 2017 Teenage Car Insurance Tips

How much is the cost of car insurance for teen drivers?

According to the Insurance Institute for Highway Safety, young drivers are involved in automobile accidents four times more frequently than drivers 20 and older per mile. According to the Centers for Disease Control and Prevention, automobile accidents are also the main cause of mortality for youths in the United States.

All of this equates to increased insurance prices for teenagers, although the exact amount varies on the state where the teen resides, the teen’s age and gender, as well as other criteria including whether or not the teen is the primary policyholder. According to our data, a freshly licensed 16-year-old driver will typically spend 44% more for complete coverage than a more experienced 19-year-old driver.

Here are the typical yearly costs we discovered for both full and minimal coverage, broken down by age, even though the cost of auto insurance for teen drivers varies significantly by state:

19-year-olds: Full Coverage $3,716;  Minimum coverage $1,451

18-year-olds: Full Coverage $4,837;  Minimum coverage $1,938

17-year-olds: Full Coverage $5,373;  Minimum coverage $2,206

16-year-olds: Full Coverage $6,613; Minimum coverage $2,733

Best rates on young drivers’ auto insurance from major carriers

We started by examining major firms that are accessible in practically all states in order to identify the lowest insurers for young drivers.

Allstate, Geico, Progressive, State Farm, and USAA are the top five vehicle insurance providers in the US. USAA, however, only covers veterans, active duty personnel, and their families.

Based on average yearly pricing for both full and minimal coverage, we’ve rated the biggest companies—excluding USAA—from least costly to most expensive below.

SEE: 2022 Top 14 Cheapest States for Car Insurance

An insurance policy’s origins are irrelevant; local and regional insurers frequently provide the most affordable rates in certain locations. Make careful to compare prices to discover the cheapest insurer in your state before selecting a vehicle insurance provider.

Between Geico, State Farm, Allstate and Progressive which one is best for you?

The four biggest auto insurance providers in the United States are Allstate, Geico, Progressive, and State Farm. All have a long history of operation, have favorable financial strength ratings, and are well-known within the sector.

According to the National Association of Insurance Commissioners, they collectively controlled more than 50% of the market share for personal vehicle insurance plans in 2020.

Geico: Lowest premiums and most tech-friendly

State Farm: Highest customer satisfaction ratings

Allstate: Most coverage options

Progressive: Fewest consumer complaints

Cheapest car insurance for teen drivers by state

Depending on the state, several auto insurance companies provide discounts to young drivers. For instance, the least expensive full coverage cost on average for a juvenile driver in Hawaii is around $950 per year, whereas the least expensive rate on average in Alabama is more over $3,000.

Average cost of car insurance for 16-year-olds

Sixteen-year-old drivers are the most expensive to insure because they are minimally experienced.

Due to the fact that Hawaii prohibits the use of age for determining the price of auto insurance, it is the least expensive state for both full and minimum yearly coverage premiums for 16-year-olds. For a driver of any age, the typical full coverage premium in the state is between $1,000 and $1,100.

Check out the full and minimum coverage costs for 16-year-old drivers in your state.

Average premium for 17-year-olds for auto insurance

Car insurance for a 17-year-old driver will be expensive, while not being as expensive as for a 16-year-old. Just over $5,370 for comprehensive coverage and $2,206 for minimal coverage constitute the national average yearly fee for a 17-year-old.

The lowest yearly average premium for a full-coverage policy for a 17-year-old is $2,660 in North Carolina, which is followed by Hawaii. In Iowa, the least expensive yearly minimum coverage cost for a 17-year-old is slightly over $930. The state with the highest average full coverage premiums for 17-year-olds is Louisiana, where a 12-month full coverage policy costs $9,255. With an average cost of little about $4,070, Michigan has the most costly annual minimum coverage rate.

Check out the typical prices for full and minimal coverage for drivers who are 17 years old in your state.

The average cost of 18-year-olds’ auto insurance

Just over $4,830 is the national average yearly premium for an 18-year-old driver with full coverage, whereas $1,940 is the average annual rate for minimal coverage. With Hawaii as an exception, North Carolina has the least expensive average full coverage cost at $2,398 per year, while Iowa has the least expensive basic coverage at $812. Full coverage is most expensive in Louisiana, whereas basic coverage is most expensive in Michigan.

Check out the typical prices for full and minimum coverage for 18-year-old drivers in your state.

Why is car insurance for young men so expensive?

Young males often have some of the highest vehicle insurance premiums among those with clean driving histories, while young women might pay quite a bit for car insurance. Part of the reason for this is that they lack driving experience and a driving record that insurers may use to determine premiums.

Insurance firms rely on statistics to assess risk and set pricing when they can’t use your driving history to assess how likely you are to submit a claim. Due to his friends’ high claim rates, costly claim rates, or both, a newly licensed youngster experiences hefty insurance quotations.

More often than any other demographic, male youths cause collisions. According to data from the Insurance Institute for Highway Safety, teens between the ages of 16 and 19 are responsible for nearly three times as many fatal accidents as individuals 20 and older. According to the data, teenage boys were responsible for around two-thirds of these collisions in recent years, down from 75 percent in 1975.

Teenagers often have no credit history, are not married, and have not finished as much schooling, all of which can raise the cost of auto insurance in addition to the collision risk.

See below for how the top five auto insurance companies measure up for female and male teen drivers, for both full and minimum coverage plans.

How teenagers can save on car insurance

The greatest strategy to reduce your auto insurance costs as a young driver is to enroll in a parent’s or guardian’s insurance plan. If you don’t have that choice, start by comparing many auto insurance quotes to see which one offers the best deal.

Be on the lookout for potential reductions while looking for auto insurance, such as:

good grade reduction. For maintaining a high GPA or receiving all As, several vehicle insurance companies provide reductions.

Discount for defensive driving. Some auto insurance providers may lower your cost if you complete a defensive driving course.

Student discount when away from school. You could be eligible for a student-away discount if you’re a college student or attend school away from home.

What is the best starter car for a teenager?

Obtaining a driver’s license is often a major milestone for teenagers. Other rites of passage for teenagers cannot compare to the pride, the thrill of freedom, or the exhilaration of owning a car. However, having a young driver may not be all that thrilling for parents. Along with the anxiety that comes with having a juvenile driver, parents now have to shoulder the additional cost of purchasing and insuring a vehicle for their teen driver.

Although buying a car is usually a significant investment, there are many alternatives available on the market that can be purchased for a reasonable sum ($10,000 or less), and that have the sturdiness to endure for many years.

The best cars for teenagers

• • • Nissan Altima (2014 and newer)
    • Volkswagen Jetta (2016-2017) Below $10,000
    • Ford Focus (2015-2017) Around $10,000
    • Ford Escape (2018-2019) Around $10,000
    • Toyota Camry (2012-2014) Under $10,000
    • Hyundai Sonata (2011 or newer)
    • Honda Civic (2012-2016) More than $10,000

SEE: Top Best Car Insurance Companies of June 2022

Safety and car insurance tips for teen drivers

It’s a fact of life that teens are more likely to be involved in an accident than any other age group. According to the National Highway Traffic Safety Administration, 1 in 100 American teens will be involved in a fatal car accident each year.

This makes it crucial that parents take steps to ensure their children have the best possible chance of staying safe while they’re on the road. Here are some safety and car insurance tips for teen drivers:

Set clear rules for driving, including when you allow your child to drive alone. It’s a good idea to establish clear rules around when your child may drive independently, such as at night or during bad weather conditions. If you don’t want your child driving when you know there’s bad weather coming, let them know that too!

Keep plenty of distance between your vehicle and others on the road. Make sure your teen understands how far away they should be from other vehicles when they’re traveling at high speeds or making turns at high speeds. Also make sure they understand how fast they should be driving in general and what speed limits apply in different areas when they’re behind the wheel.

Make sure your teen’s seatbelt is fastened every time he or she gets into the car.

Make sure your teen knows how much alcohol is bad while driving

Video: Cheapest insurance for young drivers and the top 4 companies to get quotes from

Frequently asked questions

What is the most expensive car to insure for a teenager?

Most expensive cars to insure for teens

Compact cars and vans dominate the list of the most costly vehicles to insure. Between the least costly to insure (Mazda MX-5 Miata) and most expensive (Kia Forte), the yearly insurance premiums differed by more than $640. Surprisingly, some of the most costly vehicles to insure, such as the Kia Forte and Honda Civic, had sticker values around $20,000.

10 The most expensive car to insure for a teenager?

• • • Kia Forte $3,282
    • Mini Cooper Hardtop $3,282
    • Mitsubishi i-MiEV $3,282
    • Scion tC $3,268
    • Kia Rio $3,217
    • Hyundai Accent $3,202
    • Mitsubishi Lancer $3,152
    • Ford F-150 $3,146
    • Honda Civic $3,138
    • Hyundai Elantra $3,125

Why is car insurance for a teenager so expensive?

Teen drivers statistically cause more collisions than adult drivers. According to the Centers for Disease Control and Prevention, more than 2,400 minors were killed and 258,000 were injured in traffic accidents in 2019 at a cost of around $13 billion. Rates are determined by insurance companies based on the financial risk involved in covering a motorist. By the time they are in their late teens or early 20s, young drivers with clean driving histories typically see a reduction in their auto insurance costs.

How do I know if a car is safe for my teenager?

The most popular automobiles have safety ratings from the Insurance Institute for Highway Safety and the National Highway Traffic Safety Administration. You can look for the best and safest cars for teenagers by visiting the websites of both organizations, which both maintain databases of auto ratings that include older model vehicles.

Are teenagers restricted from driving at night?

Teenage drivers are generally subject to limitations. The laws governing nighttime driving vary from state to state. For instance, young drivers are prohibited from the hours of 10 p.m. to 5 a.m. in Nevada. Only Vermont does not prohibit teenage drivers from operating vehicles at night.

Does states restrict the number of teen passengers in a vehicle driven by a teenager?

The number of adolescent passengers in a vehicle being driven by another teenage passenger is often limited. For instance, in Texas, a young driver is only permitted to carry one passenger who is under the age of 21. The only states with no limitations are Florida, Iowa, Mississippi, and North Dakota. Check out this table from the IIHS for additional information on state-specific adolescent driving limitations.

Parting Words

Going through the process of insuring a new car isn’t always easy and can be more than just a little time consuming. Although it might seem like an inconvenience, the truth is that it’s something that’s important. You need to make sure that you’re getting the best deal possible, especially if you’re insuring a teenager and their first car. Your goal should be to save as much money as you can on your annual premiums so that you can invest it on their behalf.

Remember that there are additional methods to reduce the cost of your teen’s auto insurance when looking for the least expensive vehicle to insure. Your teen’s insurance rates can reduce significantly by conducting some research, getting in touch with your insurance provider directly, and having them practice safe driving behaviors.

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