Cheapest Car Insurance For Young Drivers
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Read on for a detailed breakdown of which car insurance companies proved to be the best for young drivers in your state as well as a discussion of the benefits of adding your teen to your.
Cheapest car insurance for young drivers. Motorists aged between 17 and 24 traditionally pay much more for car insurance than older drivers and its those 19 or younger that pay the most over 300 more a year than drivers aged 25 to 29. The nine cheapest cars for young new drivers to insure with the peugeot 107 and citroen c1 topping the list 1. 740 the peugeot 107 comes top of the list for cars with low insurance. On average a 16 year old pays around 2661 for an.
As the parent or guardian of a young driver you know its essential to have good car insurance to protect them. Whether youre paying for it or theyre working hard to foot the bill its a new expense for your family. According to moneysupermarket data collected between january 2019 and january 2020 accurate as of march 2020. Average cost of car insurance for teens and young drivers age and gender are major factors insurers use to determine teen auto insurance rates.
Fortunately you can find cheap car insurance for teens without breaking the bank. The main reason car insurance for young drivers is so expensive is the. Car insurance rates have continued to climb in recent years and 2019 will see the continuation of that trend. On average a 16 year old pays around 2661 for an.
Lowest premium for a 17 year old. Young drivers insurance is notoriously expensive find out our top tips for getting cheap car insurance for young drivers. We conducted a survey of 23 companies in 10 states and found that nationwide offered the cheapest car insurance rates for parents adding a new teen driver to their policy at a cost of 1703 for six months.
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