Auto Insurance Cost For 18 Year Old Male

That s 833 more than their female counterparts.

Auto insurance cost for 18 year old male.

This is not to say of course that an older driver will always pay less for car insurance but all other factors being equal younger drivers must usually pay far more to get insured. While rates for an 18 year old male will still be higher than rates for older drivers if you have a couple years of driving without citations or accidents your rates will be lower. Car insurance price for an 18 year old male men age 18 pay on average 5 605 for their own full coverage policy. However how much you pay will depend on whether you are male or female.

Focus on safety and compliance during your first few years so that you can get the best rate possible. For an 18 year old male driver who is student driving a 2018 toyato camry getting 15 000 30 000 in bodily injury coverage 5 000 in property damage liability coverage 15 000 30 000 in. For a personal auto insurance policy premiums will be expensive for 18 year old drivers. Therefore insurance rates for 18 year olds will be almost identical to those of younger drivers.

Nationally 18 year olds paid over 4 700 per year for car insurance which comes out to almost 400 a month. How much does car insurance cost for 18 year olds. In 2010 a wall street journal article reported that state farm said it charges approximately 40 percent more for boys than girls. The rmiia found that a teenage male residing in pueblo colorado would pay 1 101 for a six month policy while a newly licensed female teenager would pay 898.

For example a fully comprehensive car insurance policy costs on average 1 028 for people aged 17 to 19 however the older you get the lower the premiums go. Although 18 year olds are considered adults and can vote when it comes to car insurance 18 year olds are still grouped together with 15 16 and 17 year old drivers. For instance a male driver under 24 must pay an average of around 2 000 for a. How much is car insurance for an 18 year old.

Here is how much it costs for seven different coverage levels for drivers age 18 broken down by state. Why is car insurance so expensive for 18 year olds. As a broad rule the older the driver the lower his or her insurance premiums.