Auto Insurance Companies For 18 Year Olds

Usaa and geico again came out on top offering much lower rates less than 300 a month than other insurance companies for 18 year old male drivers.

Auto insurance companies for 18 year olds.

Car insurance rates by insurance carrier for 18 year olds. An 18 year old falls into the riskiest group of drivers. What s the cheapest car insurance company for an 18 year old female. Below you ll see how auto insurance companies rank in price for a 18 year old driver buying his or her own full coverage policy.

For an 18 year old female the average yearly savings are even greater 2 390. The average premium amount offered by this company is less than 1000 which is the lowest among all other auto insurance companies in the usa. Rates vary based on location. The average individual policy for college students and teens in the u s.

Not all insurance companies offer the same products rates and discounts and it pays to shop around when you are going to buy auto insurance for 18 year olds. Accidents are the leading killer for people aged 16 to 20 and insurance prices are high as a result. Due to their inexperience behind the wheel insurance companies deem young motorists as high risk drivers. Based on our sample quotes erie usaa and geico offer the lowest rates for 18 year old drivers.

Every insurance provider charges a slightly different rate for insurance. For an 18 year old male driver who is. On average a 16 year old pays. Geico offers the cheapest car insurance for 18 year old young men and women.

Because of inexperience an 18 year old is more likely to have an accident than someone older than 25 when insurance. The best car insurance for 18 year olds. In comparison the hanover farmers and metlife had the most expensive premiums. Age and gender are major factors insurers use to determine teen auto insurance rates.

Costs 5 919 70 per year based on an 18 year old male with a 2018 honda accord. Insurance companies offer many. Currently the cheapest auto insurance provider for 18 year olds is erie insurance with an average annual premium of 2 413. Progressive corporation is another insurance company that offers the second cheapest premium rate which is less than 1250.

Auto insurance for young female drivers is pricey but less expensive than the rates paid by their male counterparts.