Best Cheap Car Insurance Companies for 22-Year-Olds

For 22-year-old drivers seeking affordable car insurance, GEICO offers the cheapest average yearly rate of $1,850, outperforming the average premium of $3,535 significantly.

Compared to other age groups, 22-year-olds pay less than younger drivers due to more driving experience, but their rates are still higher than those of older drivers because insurers still consider them at higher risk for accidents and claims. This balance results in premiums that reflect a moderate level of driving experience while accounting for the potential risk young drivers pose.

When determining costs for 22-year-old drivers, each car insurance company uses similar data but weighs individual rating factors differently based on their underwriting criteria.

Here are the 2 cheapest car insurance providers for 22-year-olds:

• GEICO: $154 per month, $1,850 per year
• State Farm: $172 per month, $2,061 per year

These quotes represent the cost of individual policies. The 22-year-old drivers often secure individual policies because, though still considered high-risk drivers, their growing independence and driving experience means they may prefer individual over family plans.

To help mitigate expenses, they should look into all the available student discounts on car insurance.

The cheapest state for 22-year-old drivers to get car insurance is Massachusetts, with an annual premium of $332 from State Farm. The second cheapest is Idaho, offering an annual premium of $565, also from State Farm.

For 22-year-old drivers, car insurance costs can be different in each state. Some states have tough rules for what insurance has to cover. Places with more crashes or car thefts may have higher insurance costs. This means that while one state might have a really affordable plan, it might not be enough in another state with more risks and where full insurance is a must. Comparing different quotes and thinking about the specifics of each state is a smart move.

GEICO is the cheapest car insurance provider for both men and women 22-year-old drivers.

• For men: GEICO, $143 per month, $1,721 per year
• For women: GEICO, $135 per month, $1,614 per year

The cost of car insurance for a 22-year-old man is higher than for a woman. This is often because men are seen as at a higher risk for accidents.

Here are the top two cheapest cars to insure for 22-year-old drivers:

• Subaru Forester: $126 per month, $1,507 per year
• Subaru Outback: $130 per month, $1,563 per year

To save money, choose a safe and affordable car. Cars that are older but reliable and have good safety scores can cost less to insure. This means young drivers can spend less but still have cars with important safety features.

GEICO is the best car insurance for 22-year-olds, with a monthly premium of $154 and an annual premium of $1,850. Opting for the best provider is crucial despite a higher price point, as reliability and customer satisfaction are key for long-term security and peace of mind.

The average cost of car insurance for an average 22-year-old driver is estimated at $3,535 annually for full coverage. Costs differ from company to company, so it’s important to get multiple quotes from the best insurance companies to find the most affordable price for the coverage you need.

One way to achieve significant savings for a 22-year-old is to add them to a family car insurance policy instead of getting their own policy. In order to be added, the family residence must be their primary address; if they have their own apartment or home, they will have to purchase their own policy. If the young driver doesn’t have their own car yet and lives with their parents, they can be listed as a household driver, which can reduce car insurance costs.

Here are a few more ways to save money on car insurance without sacrificing coverage.

When collecting quotes, the standard coverages a full coverage auto policy will include are bodily injury and property damage liability, collision coverage and comprehensive coverage. Collision coverage pays for the repair or replacement of your vehicle in an at-fault accident, and comprehensive pays for non-collision damage, such as hail, fire or a tree falling on your car.

You may also need personal injury protection (PIP), medical benefits and/or uninsured/underinsured motorist (UM/UIM) coverage, depending on your state's requirements, even if you choose to get a liability-only policy instead of full coverage. A liability-only policy does not include comprehensive and collision — it only has financial protection for damages caused to others and property and not for your vehicle.

Comprehensive and collision are optional unless you finance or lease your vehicle. Medical coverage or PIP and UM/UIM may also be added to your policy, even if they are not required. Insurance professionals highly recommend including UM/UIM on full coverage or liability-only policy because it offers protection if a driver hits you who is uninsured or does not have enough coverage to pay for the repairs to your vehicle.

One of the main factors in high car insurance rates for 22-year-olds is analytical data showing that this age group has higher-than-average accident rates and moving violations compared to older drivers. Tickets and at-fault accidents begin to decrease as a driver gains more experience behind the wheel. However, one ticket or at-fault accident could cause rates to increase dramatically.

When collecting quotes from car insurance companies and weighing your coverage options, ask whether accident forgiveness is available as an add-on coverage or earnable by maintaining a clean motor vehicle record. With accident forgiveness coverage, you will not see a premium increase after your first at-fault accident, which can mean substantial savings for years.

Finding affordable car insurance for 22-year-olds can be challenging due to their limited driving experience. Obtain insights on securing cost-effective car insurance for young drivers.