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What is the best car insurance for new young drivers?

Author

Sophia Bowman

Updated on March 14, 2026

What is the best car insurance for new young drivers?

Best car insurance for teens
  • Geico. Among the insurers we've researched, Geico provides the best rates for teen drivers.
  • State Farm. Other carriers can't beat the discounts State Farm offers teen drivers.
  • Progressive.
  • Geico.
  • Nationwide.
  • State Farm.
  • Multi-car policy discounts.
  • Good student discount.

In respect to this, what is the best car insurance for young drivers?

Best car insurance for teens

  • Geico. Among the insurers we've researched, Geico provides the best rates for teen drivers.
  • State Farm. Other carriers can't beat the discounts State Farm offers teen drivers.
  • Progressive.
  • Geico.
  • Nationwide.
  • State Farm.
  • Multi-car policy discounts.
  • Good student discount.

Additionally, what's the cheapest way to insure a new driver? How to get cheaper car insurance if you're a new driver

  1. Limit your mileage. Cutting down on how much you drive could save you cash.
  2. Pay annually.
  3. Tighten up security.
  4. Increase your excess.
  5. Choose a small engine.
  6. Take a driving course.
  7. Avoid modifications.
  8. Build up no claims discount.

Moreover, which car insurance is cheapest for young drivers?

Cheapest car insurance company for parents with a teen driver. We found that the cheapest widely available auto insurance for teen drivers is offered by Nationwide. A Nationwide policy with a teen and parent costs an average of $1,266 for six months, which is less than half the price of the national average of $2,859.

What is the best way to insure a young driver?

  1. Pick your level of cover. If you'd struggle to replace your car if it was written off in an accident, it's best to go for fully comprehensive insurance.
  2. Push down your insurance risk. Drive safely.
  3. Push down the cost. Pay a voluntary excess.
  4. Shop around.
  5. Check up on your insurer.

What car is least expensive to insure?

The 10 least expensive cars to insure in 2020, according to our data, are:
  • Subaru Outback.
  • Jeep Wrangler.
  • Honda CR-V.
  • Subaru Forester.
  • Ford Escape.
  • Ford F-150.
  • Chevrolet Equinox.
  • Jeep Cherokee.

How can young drivers get cheaper insurance?

How can young drivers get cheaper car insurance?
  1. Choose a car that's cheap to insure. All cars fall under an insurance group of between one and 50.
  2. Don't modify your car. The only modifications that could lower your premium are ones that improve your car's security.
  3. Boost your excess.
  4. Be a safe and responsible driver.

How much is insurance per month for a new driver?

The average cost for teenage car insurance is about $430-$450 per month for an individual policy or $225-$300 per month as an add-on to a parent's policy. Even among teenagers, age is a big factor in the cost of car insurance. The younger the driver, the more expensive the insurance.

How can I lower my teenage car insurance?

How to Lower Car Insurance for a Teenager
  1. Teach your teenager how to drive.
  2. Invest in driver education courses.
  3. Bundle policies to reduce rates.
  4. Comparison shop for the best rates.
  5. Put your teenage driver on the family policy.
  6. Assign your teenager to the least expensive car to insure.
  7. Raise your deductible or drop coverage.

What car is best for a first time driver?

Top 10 best first cars for new drivers 2020
  • Ford Fiesta.
  • SEAT Ibiza.
  • Hyundai i10.
  • Volkswagen Polo.
  • Toyota Aygo/Peugeot 108/Citroen C1.
  • Skoda Fabia.
  • Dacia Sandero.
  • Vauxhall Corsa.

Who has the best insurance rates for new drivers?

The 3 best auto insurance companies for new drivers. Our research indicates Nationwide, USAA and GEICO provide the cheapest insurance rates for new and young drivers.

What is a fair price for car insurance?

The national average cost of car insurance is $1,427 per year, according to NerdWallet's 2020 rate analysis. That works out to an average car insurance rate of about $119 per month for 40-year-old drivers with good credit and a clean driving record. But average costs vary widely for other types of drivers.

Why is insurance so expensive for young drivers?

Why is car insurance more expensive for young drivers? The higher likelihood of casualties means insurers see young drivers as a high-risk group, and therefore cover is more expensive to take out.

What car has the cheapest insurance for a first time driver?

What are the cheapest cars to insure for young drivers? Car insurance for 17-year-olds and other young drivers can be expensive, but you can keep costs down by selecting a car in a low insurance group, such as those in groups 1 and 2. Cheaper options to consider include the Volkswagen Polo and Hyundai i10.

What age does car insurance go down?

Car insurance rates begin to drop at around age 20, meaning that teenagers generally pay the most for car insurance. Rates continue to lower as drivers get older, with significantly lower premiums once drivers reach around 30 years of age.

Is it cheaper to be on your parents car insurance?

Unless you are over the age of 25 and have a perfect driving record, it will be cheaper for you to just stay on your parents' policy. This is one reason the insurance on your parents' car will be much cheaper. To mitigate the risk, insurance providers increase the rates for young drivers buying a policy on their own.

How much is insurance for an occasional driver?

The best car insurance bargain for young adults is to be an occasional driver on a parent's vehicle, Mr. Shain said. The cost for this coverage should be less than $1,000 per year, and there's a side benefit that will help in the future.

How much should a new driver pay for insurance?

The average annual rate quoted for a teen driver is $2,267. (This average includes all liability coverage levels.) Compare that to an average cost increase of $621 for adding a teen to the parents' policy — that means you'll pay 365 percent more by putting the teen on his or her own policy.

How much will it cost to add my 17 year old to my car insurance?

It costs an average of 140% to 160% extra to add a teenager to a car insurance policy. That means if you're currently paying $800 a year for car insurance, you can expect to pay between $1,120 and $1,280 more per year after adding a teenager to your insurance policy.

How much is car insurance for a 24 year old per month?

For 24-year-olds, the average cost of car insurance is $3,597 per year, or approximately $300 per month. 24-year-olds generally pay about $250 less than 23-year-olds ($3,840) and about $400 more than 25-year-olds ($3,207). Young drivers under 25, and especially teenagers, pay more for car insurance than older drivers.

Which car is cheapest to insure for a 17 year old?

The cheapest cars to insure for 17 year olds
CarAverage annual premium*
1Hyundai i10£754.71
2Volkswagen Up!£774.62
3Citroen C1£787.87
4Ford Ka£788.05

How much does car insurance go down after 1 year no claims?

The amount of discount earned increases with each year of claim-free driving. So after one year you might get 30%, with the percentage increasing each year until you get 70% NCD after five years.

Does adding a second driver increase insurance?

The riskier the additional driver is to insurers, the more it will cost to add them to your policy. Adding a teen driver to a policy increases the premium by an average of 140% to 160%, according to several studies, but it could be much higher or lower depending on your state.

How can I lower my car insurance rates?

One of the best ways to keep your auto insurance costs down is to have a good driving record.
  1. Shop around.
  2. Before you buy a car, compare insurance costs.
  3. Ask for higher deductibles.
  4. Reduce coverage on older cars.
  5. Buy your homeowners and auto coverage from the same insurer.
  6. Maintain a good credit record.

Do you buy a car first or insurance?

It's a good idea to shop for car insurance before you purchase a car, otherwise you may not be able to drive your new car off the dealer's lot. You're going to need proof of insurance before you can take the car home with you.

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