Average Car Insurance Rates By Age Per Month – Car insurance for 19-year-old drivers costs an average of $319 per month (or $3,822 per year). Teenagers have the highest car insurance premiums, with coverage for 19-year-olds costing $2,170 more per year than the average driver.
Rates are more expensive than average for 19-year-olds, but you can still get cheap car insurance quotes from some companies. We found that 19-year-olds have the cheapest car insurance in the country, offering 43% less cover than the average for this age group.
Average Car Insurance Rates By Age Per Month
Finds the cost of car insurance for 19-year-old drivers based on squared information services rates for each zip code in all 50 states and Washington. This was for a 2017 Toyota Camry LE with 10,000 miles per year. For full coverage with the following coverage limits:
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Our prices represent the average cost of 21 and 18 year olds. We found the cost of adding a 19-year-old driver to your insurance policy by finding the cost of adding a 16-year-old driver to a family policy and then used the percentage difference between 16 and 19-year-olds. the elderly. Old drivers for this number.
The average 19-year-old pays $319 a month for car insurance, which comes to $3,822 a year. Compared to the average cost of cover for most drivers, the cost of car insurance for 19-year-olds is 131% more expensive.
Although the average cost of car insurance for 19-year-olds is high, many companies offer coverage at much more affordable rates. According to our analysis, the insurance cost of the cheapest companies can be 30% lower than the average.
USAA has the cheapest car insurance for 19-year-olds, but it’s only available to military, veterans and their families. COUNTRY is the cheapest provider for 19 year olds offering cover to the general public.
Cheap Car Insurance For 18 Year Olds
The difference between the cheapest and most expensive companies for 19-year-olds can be thousands of dollars a year, which is why it’s so important for young drivers to shop around and compare prices before choosing a policy.
Because premiums can vary from company to company, even for the same driver, this is the best way to avoid paying more for car insurance.
Yes, unlike young drivers, 19-year-olds can get their own car insurance. Car insurance is a contract between the driver and the company and only adults can enter into a contract.
Drivers under the age of 19, as well as newly licensed 16- and 17-year-olds, can only get car insurance if they join their parents’ policy or get a license in advance.
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Car insurance rates for 19-year-olds can vary depending on the driver’s gender. Prices for men are on average more expensive than for women. We found that car insurance costs for 19-year-old male drivers are $41 more per month than for female drivers.
Several states do not allow insurance companies to set costs based on gender. In the following states, 19-year-old male drivers are paid no more than their female counterparts:
Car insurance for 19-year-old male drivers is more expensive than for female drivers of the same age, but the price difference also depends partly on the company.
Among the companies with the lowest car insurance premiums for 19-year-olds, GEICO has the smallest pay gap between men and women. At GEICO, male drivers are only paid $15 more per month than female drivers.
Average Car Insurance Rates By Age & Gender
Car insurance costs for 19-year-olds are more expensive than average – but still cheaper than younger drivers. We found that 19-year-olds cost 131% more than average to insure their car, but 35% less than 16, 17 and 18-year-old drivers.
19-year-olds pay higher car insurance premiums on average than 19-year-olds because they are more inexperienced than older drivers. Data shows that 19-year-olds are more likely to crash than older drivers, making them a greater risk to companies.
Nationwide, 19-year-olds pay an average of $3,822 a year for car insurance, but premiums depend in part on where you live. Car insurance for 19-year-olds ranges from $5,739 when comparing the cheapest and most expensive states.
Hawaii has the cheapest car insurance for 19 year olds because it does not allow car insurance companies to take age into account.
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On the other hand, Louisiana, already one of the most expensive states to insure, has the most expensive car insurance for 19-year-olds at $7,001 per year.
Rating How we score: Ratings are determined by our editorial team. Our methodology takes into account several factors, including prices, financial ratings, quality of customer service and specific product features.
At COUNTRY Financial, the average 19-year-old driver’s car insurance costs $187 per month (or $2,246 per year). This makes the country 41% cheaper than average for 19-year-olds.
In addition to cheaper prices, COUNTRY also offers insurance discounts for 19-year-olds to reduce their costs. This includes full-time students with a B average or better, as well as discounts after completing a defense course.
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COUNTRY also offers recommendations such as new car trade-ins for vehicles less than five years old (better than the typical three-year limit). You can also add roadside assistance and personal effects cover, although this is a more typical offering.
Although COUNTRY is the cheapest car insurance for 19 year olds, it is not actually the cheapest company in any state. USAA is the cheapest car insurance company for 19-year-olds in 18 states.
Car insurance for 19-year-olds can be expensive, but with a little extra work you can still get it cheaper.
The surest way to find the best car insurance for 19 year olds is to compare quotes from several companies and choose the one that offers the best price. Other ways to save on car insurance for teens:
Car Insurance Costs For 50 Year Olds (and Those Over 50)
The average cost of car insurance for a 19-year-old is $3,822 per year – but it only costs $2,477 to add a 19-year-old to an existing policy. 19-year-olds cost more to insure because they’ve spent less time driving.
USAA has the cheapest average cost of car insurance for 19-year-olds. However, since USAA only covers individuals and families with a military connection, COUNTRY is the cheapest carrier available for 19-year-olds.
Car insurance is generally more expensive for 19-year-old male drivers than for female drivers. The average cost for men is $496 more per year than for women of the same age – although this varies by company.
Rachel Brennan is the company’s senior editor and licensed auto insurance specialist. His work has been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders, and AutoInsurance.com.
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Andrew Hurst is the company’s senior editor and licensed motor insurance specialist. His work has been published in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin and Property Casualty 360. Our mission is to help you make informed insurance decisions. We have an advertising relationship with some of the offers on this site. However, this does not affect our editorial judgment or recommendations. The rating and listing of our reviews, tools and all other content is based on objective analysis and we fully own our opinions.
Insurance premiums depend in part on your age. Find out why age is considered and at what age you can expect the most and least car insurance.
Laura is an award-winning editor with experience in content and communications for auto insurance and personal finance. She has written for numerous media outlets, including the USA Today Network. He most recently worked for the Nevada Department of Transportation in the public sector.
John is the Editorial Director of Insurance.com and Insure.com. Prior to joining QuinStreet, John was a deputy editor at The Wall Street Journal and was an editor and reporter at several other media outlets covering insurance, personal finance and technology.
Average Car Insurance Rates By Age (2023)
Car insurance premiums are based on various factors, one of the most critical of which is age. According to the CDC, teenage drivers between the ages of 16 and 19 are nearly three times more likely to be involved in fatal crashes than drivers over the age of 20.
The average cost of car insurance for people under 25 is relatively high. Teenagers and young drivers are generally inexperienced behind the wheel and are more prone to accidents, posing a major risk to car insurers. A higher risk means a higher rate.
The editors have compiled the average cost of car insurance for ages 16 to 75 in each state. Here’s what to expect when paying for auto insurance at any age.
California auto insurance rates by zip code Enter your zip code for an average rate. Then enter your age, gender and coverage level for a personalized rate plan.
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State Minimum: Liability insurance is required to legally drive in your state; Some states require additional coverage such as personal injury protection, uninsured motorist, underinsured motorist. Liability only 50/100/50: $50,000 per person / up to $100,000 per accident for bodily injury; $50,000 in property damages. Liability compensates for injuries/damages caused to others. Full Coverage 100/300/100: $100,
