Auto Insurance 16 Year Old Female Cost

Car insurance for young drivers is expensive as you ll see in the table below but you can still save by putting the teen on your policy rather than getting him or her their own coverage and by garnering all the discounts.

Auto insurance 16 year old female cost.

But as a parent you can explore some ways to reduce costs on teen s auto insurance coverage. Save more by finding hidden discounts for good grades completion of driver s ed and keeping a clean record. Teen female drivers age 16 pay 920 less than males their age. You can be sure that age of a driver is one of the main factors that insurance companies consider when calculate car insurance rates.

Average auto insurance rates for 16 year olds are 246 19 mo for boys and 234 54 mo for girls. Related to ford chrysler toyota amc in florida north carolina south carolina colorado. How much does car insurance cost for a 16 year old. How much does auto insurance cost for a 16 year old male.

The cost of auto insurance for a 16 year old male is an average of 17 percent higher than the average auto insurance costs for a 16 year old female. Car insurance cost for a 16 year old female. Average insurance costs for a 16 year old male can range from a few hundred bucks to over 1 000 annually. Car insurance cost for 16 year old female drivers could be much lower as compared to male drivers but still premiums will be significantly higher in comparison to low risk and experienced drivers.

Statistically speaking a 16 year old teen driver is less experienced and thus more likely to receive a citation or cause an accident in the eyes of an insurance company that means more risk and a greater need for financial protection i e. The increase in premiums when getting car insurance for a 16 year old male or female will vary by insurance company. Why do young teens and students and old senior drivers pay. For affordable auto insurance for a 16 year old compare rates here and look for discounts to save on teenage auto insurance average costs.

That s for a policy of her own that includes comprehensive and collision coverage with liability limits of 100 300 100. Nearly every factor within car insurance premiums comes down to one simple question. Based on the national average of 278 per month in 2020 our money saving tips can help you with finding the right price for your family.