Cheap Car Insurance for Young Drivers

If you’re looking for cheaper car insurance for young drivers, adding them to a family or parent policy typically results in the cheapest rates.

The young driver's age, among other factors, will determine which carrier offers the cheapest rates. The table below shows the cheapest and most widely available national providers for a young driver on a family policy.

Young drivers have to meet eligibility requirements, like living at home, to be included on a family policy. The table shows rates for teens at different ages on a family policy with various carriers.

Each quote is for two parents on the same policy with the young driver and full coverage insurance, including comprehensive and collision coverage and liability rates of 100/300/100 with a $1,000 deductible, or $100,000 per person for bodily injury, $300,000 per accident for bodily injury and $100,000 per accident for property damage.

If a young driver isn’t eligible for a family policy, the next best option is an individual policy. Shopping around with different carriers can help you find the cheapest car insurance for young drivers based on personalized characteristics.

The table below shows the cheapest and most widely available car insurance companies for young drivers on an individual policy.

The rates displayed in the table are for young drivers on an individual policy. Each quote includes comprehensive and collision coverage, plus 100/300/100 liability limits with a $1,000 deductible, which is $100,000 per person for bodily injury, $300,000 per accident for bodily injury and $100,000 per accident for property damage.

Adding a young driver to a family policy with a multicar or multipolicy bundling discount is usually the best way to get the cheapest rates. However, eligibility requirements or restrictions might mean your teen driver doesn’t qualify for a family policy.

For instance, living outside the family home or having the vehicle titled solely in the young driver’s name might mean that individual teen car insurance is the only option. College students who live at school but keep their parents' address as their primary residence may be able to say on the family plan. However, they might need individual student car insurance if they take a vehicle to school with them and live a certain distance from home, especially in another state.

Eligibility requirements and restrictions can vary by state and the insurance company. Checking with the insurer on its requirements can help you decide on a family vs. individual policy for young drivers and which company best fits your needs.

Each state regulates insurance differently, and each geographic region can have different rates. To find the best cheap car insurance for young drivers, check rates for your age group in your state.

The premiums are based on full coverage, with a $1,000 deductible, for comprehensive and collision coverage. Quoted liability limits are 100/300/100, or $100,000 per person for bodily injury, $300,000 per accident for bodily injury and $100,000 per accident for property damage.

Newly licensed drivers who are 16 years old often have the highest premiums, especially if they need an individual policy. In addition, the cost of car insurance for young drivers can differ by gender, as males are typically considered higher risk and tend to pay higher premiums.

The table below will help you to find the cheapest car insurance for 16-year-old drivers based on your state, gender and policy type — an individual or family policy. With a state and gender selected, the table will show the rates for both family and individual premiums.

For example:

In Alabama, the cheapest car insurance for a 16-year-old female driver on an individual policy is Auto-Owners Insurance Co. at $3,089 per year — $257 per month. For a female driver on a family policy in Alabama, the cheapest option would be GEICO at $1,764 per year — $147 per month.

Even though a 17-year-old may have some experience behind the wheel, getting cheap car insurance for young drivers this age can be a challenge.

After selecting the applicable state and gender in the table below, you will be able to see the cheapest car insurance for 17-year-olds on a family or individual policy. It's important to select the gender of the young driver since this factor affects the cost of car insurance; males are viewed as high-risk drivers and generally pay a higher premium.

For example:

In Alabama, the cheapest car insurance for a 17-year-old female driver on an individual policy is Auto-Owners Insurance Co. at $2,894 per year — $241 per month. For a female driver on a family policy in Alabama, the cheapest option would be GEICO at $1,054 per year — $87 per month.

Although an 18-year-old is technically an adult, they can still be a risky driver, translating into expensive premiums. This is especially true for young male drivers as they are considered high risk.

To help you find the cheapest car insurance for 18-year-old drivers, you may check the table below by selecting your state and gender. Once the data is filtered, you will see the rates for family and individual premiums.

For example:

In Alabama, the cheapest car insurance for an 18-year-old female driver on an individual policy is Travelers at $2,520 per year — $210 per month. For a female driver on a family policy in Alabama, the cheapest option would be GEICO at $990 per year — $82 per month.

While some 19-year-olds live independently, some still live at home and qualify for a family policy.

Cheap car insurance for 19-year-old drivers can mean different things depending on the gender of the driver. Males are typically seen as high risk, so they tend to pay higher premiums than females.

The table below will help you identify the cheapest rates for individual and family policies. You will also be able to filter the data by the gender of the young driver.

For example:

In Alabama, the cheapest car insurance for a 19-year-old female driver on an individual policy is GEICO at $1,726 per year — $143 per month. For a female driver on a family policy in Alabama, the cheapest option would also be GEICO at $1,362 per year — $113 per month.

Many 20-year-old drivers are out on their own, trying to find the cheapest car insurance to meet their budget.

Filter the table below by state and gender to see the cheapest car insurance for 20-year-old young drivers on family or individual policies. Premiums tend to be higher for young males since they are typically considered to be high-risk drivers.

For example:

In Alabama, the cheapest car insurance for a 20-year-old female driver on an individual policy is Allstate at $1,497 per year — $124 per month. For a female driver on a family policy in Alabama, the cheapest option would also be Allstate at $1,227 per year — $102 per month.

At 21 years old, young drivers may see cheaper rates as they’ve gained more experience. Still, getting the cheapest car insurance for 21-year-old young drivers can benefit their budget.

The data in the table below can be filtered by your state and gender. You will be able to compare the premiums for family and individual policies. You might also notice that male drivers might have to pay higher premiums as they are viewed to be high-risk drivers.

For example:

In Alabama, the cheapest car insurance for a 21-year-old female driver on an individual policy is Allstate at $1,277 per year — $106 per month. For a female driver on a family policy in Alabama, the cheapest option would be Nationwide at $1,019 per year — $84 per month.

At 22 years old, you may have been on your own or just starting out in your own space for the first time. Regardless of your situation, finding the cheapest rates for car insurance can help you afford the coverage you need.

The table below will help you determine the cheap car insurance for 22-year-old drivers on family and individual policies. It's important to also filter the data by the young driver's gender, as males are usually considered high-risk drivers and pay higher car insurance premiums.

For example:

In Alabama, the cheapest car insurance for a 22-year-old female driver on an individual policy is Allstate at $1,239 per year — $103 per month. For a female driver on a family policy in Alabama, the cheapest option would be Travelers at $1,113 per year — $92 per month.

As a 23-year-old, paying too much for car insurance means sacrificing other things in your budget. Why not find a company offering cheap car insurance for 23-year-old drivers?

Below is a table with the cheapest premiums for individual and family policies. The data can also be filtered by the gender of the young driver. This is an important step since young male drivers are typically considered high risk and usually end up paying higher premiums.

For example:

In Alabama, the cheapest car insurance for a 23-year-old female driver on an individual policy is Allstate at $1,129 per year — $94 per month. For a female driver on a family policy in Alabama, the cheapest option would be Travelers at $1,043 per year — $86 per month.

With a few more years of driving experience, many 24-year-olds will be rewarded with lower rates.

To find the best cheap car insurance for 24-year-old young drivers, select your state and gender in the table below. Male drivers tend to pay higher insurance rates as they are seen to be high risk.

For example:

In Alabama, the cheapest car insurance for a 24-year-old female driver on an individual policy is Allstate at $1,043 per year — $86 per month. For a female driver on a family policy in Alabama, the cheapest option would be Travelers at $1,012 per year — $84 per month.

Once you hit 25, most insurers consider you a less risky driver, so you will likely get cheaper rates. However, male drivers are still considered high risk and usually pay higher premiums.

Below, you will find a table with cheap car insurance for 25-year-old young drivers on individual and family policies. You should select your state and gender to see the most relevant information.

For example:

In Alabama, the cheapest car insurance for a 25-year-old female driver on an individual policy is Allstate at $1,003 per year — $83 per month. For a female driver on a family policy in Alabama, the cheapest option would be Travelers at $904 per year — $75 per month.

Insurance rates can vary widely based on driver characteristics like age, driving record, claims history, coverage type, limits and deductibles. No matter your age, you’re probably looking for the best coverage options at the cheapest rate.

It can be overwhelming with so many options available. MoneyGeek has the resources available to help you get the best rates for the car insurance coverage you need.

Many factors help determine car insurance rates, including the type of car you drive. Insurance companies use several vehicle factors to determine rates, such as the MSRP, year, make, model and safety features.

If you’re looking for the cheapest car insurance rates for a young driver, the type of car you choose can greatly affect the cost of car insurance. When determining the cheapest cars to insure, we found the following makes and models offer the best rates:

• Honda CR-V
• Subaru Outback
• Honda Fit

The cheapest SUV to insure for young drivers is the Honda CR-V, which is also the cheapest new and used car to insure. The cheapest sports car to insure is the Subaru WRX.

Generally, classic cars are not cheaper to insure for young drivers. In fact, classic cars are usually more expensive to insure, as are young drivers.

There are limited companies that offer classic car insurance, and the coverage can include unique add-ons you’re not used to seeing on a standard car insurance policy. There may also be usage and mileage restrictions, which might not be the best option for young driver car insurance.

If you want to get cheap car insurance for young drivers, there are a few things you can do to get the best rates. Consider these tips for saving on young driver car insurance:

Getting car insurance online is easy. But before you search car insurance rates, consider these steps to make the process more streamlined so you can easily identify the carriers offering the best cheap rates for your coverage needs.

MoneyGeek answers common questions about cheap car insurance for young drivers to help you find a policy with the best rate.