How Much Is Car Insurance for a 19-Year-Old in 2024?

The average cost of car insurance for a 19-year-old on a family policy is about $234 for males and $216 for females per month — male teen drivers typically pay more as they're seen as a higher risk.

Nineteen-year-olds often pay slightly lower insurance premiums than 16-year-olds due to their additional experience but may face higher costs if they hold their own policy. Lifestyle factors, such as being a college student or starting a career, also significantly affect their insurance needs and options.

On average, the cost of a full coverage car insurance policy for a 19-year-old on a family policy is:

• For male teens: $2,806 per year; $234 per month
• For female teens: $2,592 per year; $216 per month

Male teens between 16 and 19 typically pay more for car insurance due to their higher risk profile. Statistics show that male teens are more likely to engage in risky driving behaviors and experience accidents, leading to higher costs than female teens.

The cheapest car insurance companies for a 19-year-old on a family policy are:

Full Coverage Policy:

• Nationwide ($2,066 per year; $172 per month)
• GEICO ($2,168 per year; $181 per month)

Liability-Only Policy:

• GEICO ($492 per year; $41 per month)
• Travelers ($497 per year; $41 per month)

For 19-year-old drivers, shopping for car insurance and comparing at least three quotes can significantly reduce costs. Not comparing means you could end up paying hundreds more per year for identical coverage.

The average car insurance costs for a 19-year-old male on a family policy by coverage level are:

• Liability-only insurance: $498 per year; $42 per month
• Full coverage insurance: $2,699 per year; $225 per month

The 10% rule suggests that the insurance policy is likely too costly if annual insurance premiums exceed 10% of your car's value.

To save on a full coverage policy, have your teen drive your oldest, safest car. If you're in a safe area with secure parking and your teen drives infrequently, a liability-only policy might be a more economical choice.

A 19-year-old teen, on average, will pay $2,673 more for a solo policy versus being added to a family policy:

• Added to the family policy: $2,699 per year
• On an individual policy: $5,372 per year

While 19-year-olds can obtain their own policy, the most effective way to secure cheap car insurance for teens is for them to remain on their parents' policy. It may raise overall premium for the family, but insurers often provide specific discounts for students and teens, helping to reduce costs.

A 19-year-old can obtain their own car insurance policy without a co-signer since they are over 18 and will likely need to if they own their vehicle. However, solo policy rates for 19-year-olds are typically very expensive. It's generally more cost-effective for them to remain on their parents' policy until they permanently move out or purchase their own car. A 19-year-old can stay on their family policy when away at college as long as the family home remains their permanent address.

Florida and Louisiana are the most expensive states for 19-year-old drivers, with average annual car insurance costs of $4,638 and $6,101, respectively. In contrast, Hawaii offers the most affordable rates, averaging around $1,040 annually for the same age group. This is due to insurers not being allowed to use age or driving experience as a rating factor in Hawaii.

The cost of your car insurance is heavily influenced by both your age and where you live. States with stricter minimum insurance requirements generally have higher rates. Additionally, insurers may charge more in areas with a higher frequency of weather-related incidents or elevated vehicle theft rates.

Car insurance for 19-year-olds can be expensive, but there are several ways to lower costs, including the following:

Many insurance companies offer discounts that teens can take advantage of to lower their auto insurance rates — here are some of the most popular:

MoneyGeek provides clear answers to questions about car insurance for 19-year-olds to help simplify this important decision-making process.