Car Insurance For 18 Year Old Male – We found the cost of car insurance for 18-year-olds using rates provided by Quadrant Information Services. Our data experts have prices from every zip code in all 50 states as well as Washington, DC. analyzed for a 2017 Toyota Camry LE driven 10,000 miles per year. These prices were for full coverage with the following coverage limits:
Some service providers may be represented by subsidiaries or affiliates. The prices shown are an example of costs. Your actual quote may vary.
Car Insurance For 18 Year Old Male
The average cost of car insurance for an 18-year-old is $411 per month. That comes to $4,931 per year, which is $3,279 more than the average cost of coverage for adults (drivers ages 30, 35, and 45).
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Although rates are high for 18-year-olds, young drivers can still find affordable car insurance by comparing rates from different companies. For example, rates for an 18-year-old at COUNTRY Financial are 49% cheaper than the average for drivers of that age at $209 per month.
Many of the companies with the lowest car insurance rates for 18 year olds are not national carriers, including COUNTRY. But we found that cheap coverage is also available from USAA, State Farm and GEICO, which sell auto insurance in almost every state.
Ratings How we rate: Ratings are determined by our editorial team. Our methodology takes into account many factors, including pricing, financial ratings, quality of customer service and other product characteristics.
The cheapest car insurance company for 18 year old drivers is COUNTRY. On average, 18-year-olds COUNTRY make $2,419 less per year than the average for their age group, nearly half the national average.
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KISHVAR is also the best insurance company for 18-year-old drivers thanks to its discounts. In addition to multi-use and legacy discounts, COUNTRY offers a number of other cost-effective opportunities for young drivers, including:
COUNTRY also receives very few complaints, according to the National Association of Insurance Commissioners. J.D. Power also recognized COUNTRY as one of the best service companies in the West in its 2021 Auto Insurance Study.
The best car insurance for 18-year-olds is GEICO, which has the highest rating of all the cheapest companies.
GEICO has the lowest average car insurance rates for 18-year-olds in 13 states. After GEICO, USAA is the cheapest carrier in 12 states. And COUNTRY is the absolute cheapest company for 18-year-olds in Illinois and Oregon.
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Depending on where you live, the cheapest rates for 18-year-olds range from $74 to $321 a month.
Hawaii has the cheapest car insurance for 18-year-olds of any state because it doesn’t allow insurance companies to set rates based on age.
Louisiana is the most expensive state for 18-year-old drivers Car insurance for 18-year-olds in the Pelican State costs an average of $748 per month.
In most states, your rates are determined in part by the gender on your license. Car insurance for 18-year-old male drivers is on average more expensive than female drivers with the same profile.
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Male drivers pay an average of $439 per month, which is $56 more than their female counterparts.
The difference between the cost of car insurance for 18-year-old male and female drivers is the lowest at the cheapest companies in the Farm Bureau insurance groups. With Farm Bureau, male drivers pay just $4 more each month for coverage.
Car insurance prices are cheaper for 18-year-olds than for 16-year-olds, but 18-year-olds pay an average of 198 percent more than 30-, 35-, and 45-year-olds.
Car insurance rates for 18-year-olds are much higher than for older drivers because they are more likely to drive recklessly, get tickets, cause accidents, and file claims than experienced drivers.
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According to the Department of Transportation, 18-year-old drivers were behind the wheel in 9,500 fatal crashes from 2011 to 2020. Therefore, younger drivers pay more for coverage than older people. [1]
But as long as 18-year-olds keep their driving records clean, the rate drops with age, peaking around 25 when they age out of the highest-risk age group.
The cost of insurance for 18-year-olds is higher than average, but it’s still cheaper than coverage for younger drivers. Compared to 16-year-olds, insurance for 18-year-olds costs $1,848 less per year. From 16 to 18 years old, car insurance costs are reduced by 37%.
But compared to drivers with a little more experience behind the wheel, an 18-year-old is still much more expensive to insure. Our analysis shows that the average price for a 21-year-old is $2,223 less per year than an 18-year-old – a 45% difference.
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It is legal for an 18-year-old to get their own auto insurance policy. Unlike young drivers, who are legally minors, 18-year-olds can purchase insurance without the consent of their parent or guardian.
But if you have an 18-year-old driver in your household, adding it to your existing policy is better than having them own their own car. Most companies require you to list all licensed drivers on your policy. Adding a young driver to your policy will increase your rates, but it will likely be cheaper than if they had their own policy.
But 18-year-olds who no longer live at home and own their own car need their own policy. One exception is if they are away from school – many companies offer discounts for families with college students who are away from school without a car.
Adding an 18-year-old to your car insurance is expensive. But adding a teenage driver to your insurance is cheaper than taking out your own policy.
How Much You’ll Pay For Car Insurance For Your Age & Gender
Car insurance for 18-year-olds is expensive, but affordable coverage is still possible. You can avoid paying too much for teen insurance by:
If you’re still struggling to find cheap car insurance for an 18-year-old, the surest way to ensure you get the lowest rates is to shop around and compare quotes from more than one insurance company in your area.
According to our analysis, insurance for an 18-year-old averages $411 per month, or $4,931 per year. 18-year-old drivers pay $439 a month, while the average cost of car insurance for female drivers of the same age is $383 a month.
COUNTRY Financial is the best car insurance for 18 year olds. COUNTRY coverage for 18-year-olds costs an average of $209 per month — the cheapest of all the companies we reviewed. COUNTRY also has discounts that can help young drivers lower their rates.
Car Insurance For 18 Year Olds
While car insurance for 18-year-olds usually costs less than 16-year-olds, it will be more expensive for first-time drivers, regardless of age. This is because insurance companies set rates based on driving history. Without a driving record, rates will be expensive until you gain more experience.
Yes, you can get car insurance at the age of 18. It’s cheaper to join an existing policy if possible, but 18-year-olds can buy their own car insurance without their parents’ permission because they’re no longer minors.
Using external sources, including government data, industry research and reliable news organizations to supplement proprietary market data and internal experience. Learn more about how we use and research external sources as part of our editorial standards.
Andrew Hurst is a senior editor and licensed auto insurance expert. His work has also appeared in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin and Property Casualty 360.
Average Cost Of Car Insurance In 2024
Maria Philindras is a financial advisor, licensed life and health insurance agent in California, and a member of the Financial Review Board in the state. On average, an 18-year-old can expect to pay $356 in monthly auto insurance premiums, which equates to $2,136 for six months. Finding cheap car insurance for young drivers is sometimes difficult because of their age. Even though teen drivers have graduated from high school and are on their way to becoming adults, the best car insurance companies consider them a high risk because of their lack of experience on the road.
The average cost of car insurance for 18-year-olds is more expensive than for an older driver. We’ve compiled the cheapest car insurance options for an 18-year-old driver to help you through the process.
According to statistics, teenage drivers are involved in accidents four times more often than drivers aged 20 and over. Car accidents are also the leading cause of death for teenagers, which means higher insurance policies for teenage drivers.
Car insurance for young drivers varies from state to state, but here are some examples of national averages for minimum and full coverage by age:
Average Cost Of Car Insurance For 18 Year Olds
Comprehensive coverage includes collision and comprehensive coverage, uninsured motorist protection, and increased liability limits. Minimum coverage includes state coverage only.
The cheapest car insurance rates for 18-year-old drivers are with GEICO and USAA. The average monthly premium for USAA is $249 per month, or $1,293 for six months. GEICO offers coverage for $322 per month or $1,934 for six months. Auto insurers like Travelers, Progressive, and Allstate are great insurance providers that offer great rates for your teen’s insurance.
If you are a parent looking to add your 18-year-old to your insurance policy, there are a few things you should know. Believe it or not, it’s cheaper if you add it
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