The cheapest car insurance for your teen, varies. Your location, their driving history, and the policy type can make a big difference. You should try to add them to your policy for the lowest rates. Expect to be spending roughly $900- $4,500 annually.
To keep it simple, we've compiled a list of each of the 10 most populated states in the US. These states make up roughly 54% of the population in the country. This gives you a good jumping-off point when researching insurance. Don't see your state? Fill out our online form to get an exact quote here.
The numbers are an annual average based on couples with a teen daughter vs couples with teen son.
Usually, it is cheaper to add a teen to your existing policy than to get separate insurance for the young driver. Some insurance companies will raise everyone's rate in the policy when trying to add a teen.
So it may still be cheaper to have the whole family on the same policy, just a different one from what you have. By keeping your teen on your policy, you can take advantage of certain discounts (i.e a multi-vehicle discount).
Insurance companies decide on rates based on how risky they perceive the driver to be. On average, male teens cost about 16% more than young women drivers. According to the Insurance Institute for Highway Safety, teens between 16-19 cause 3 times as many car accidents as adults 20 and over. Of these crashes, young men are responsible for roughly two-thirds.
Below are some easy discounts most people can qualify for. Be sure to take advantage of any discounts you can to lower your rates as much as possible.
We recommend starting off with pricing your current provider. Placing your teen on the same policy will most likely be the best option. However, it's still worth considering separate policies while pricing companies. Don't hesitate to inquire about the above-listed discounts to get the best rate. Your search should encompass a large number of insurers.
Want the best possible rate? Get instant quotes tailored to your needs - fill out our short form, today!
Instantly compare quotes from top providers, online, with our easy-to-use tool.Get Your Cheap Quote, Now →Or Call 866-996-3156 →
Prefer a friendly voice? Our licensed agents are ready to help you find the best deal.