Large differences in rates demonstrate why young or new drivers should always compare car insurance quotes from several insurance companies.
Cheapest full coverage car insurance for 21 year old.
For 20 year olds looking for the most affordable option we suggest starting with erie the company we found to offer the cheapest full coverage car insurance for 20 year olds.
That s more than 1 800 over the national average 1 758 for drivers age 30.
At 966 for a standard six month policy usaa will set you back 161 per month.
Value of the vehicle.
Car insurance for a 19 year old driver is nearly 3 560 on average for a year of full coverage on their own policy.
How cheap depends on driver age driving record military experience and credit score.
Age does not affect the types of coverage young drivers can obtain for their vehicle although it is one of the factors taken into account for premium costs.
However this amount can vary greatly depending on the.
If you re not in the military or related to someone who is state farm offers the second cheapest premium at 1 319.
Currently the average cost of a car insurance policy for a 21 year old is around 1 284 for six months of coverage.
Each of these companies offers auto insurance coverage in at least 30 states across the u s.
Even gender and education level can cause one 21 year old s policy to differ from another.
Using a methodology outlined here we discovered that usaa is the cheapest car insurance company for 21 year old drivers.
We analyzed the largest auto insurance companies across all 50 states to find the nine companies with the cheapest full coverage car insurance rates.
However different insurers will charge a variety of rates depending on your profile so it s always worth shopping around.
Geico with an annual premium of 2 749 is the cheapest car insurance company for 21 year olds that is widely available across the country.
Young drivers may wonder can i get good car insurance if i m under 25 the answer is yes.
Currently the average cost across all companies for full coverage which includes comprehensive and collision coverage with liability limits of 50 100.
Full coverage liability with a 100 000 limit to cover bodily injury you cause to others in an accident up to 300 000 per accident with 100 000 to pay for damage you cause to another car or property plus comprehensive and collision insurance with a 500 deductible.
Type of coverage being sought.
The average price of car insurance for a 20 year old is nearly 166 month or 1 990 year.
Newly licensed drivers are expensive to insure.