Average Cost Of Car Insurance – Car insurance costs an average of $319 per month (or $3,822 per year) for 19-year-old drivers. In general, teenagers have the highest car insurance rates, and 19-year-olds are $2,170 more expensive per year to insure than regular drivers.
Prices are more expensive than average for 19-year-olds, but you can still get cheap car insurance quotes from some companies. We’ve found car insurance for 19-year-olds to be the cheapest IN THE COUNTRY, offering 43% less cover than the average for that age group.
Average Cost Of Car Insurance
Found the cost of auto insurance for 19-year-old drivers using rates provided by Quadrant Information Services for each zip code in the 50 states plus Washington, D.C. They were for a 2017 Toyota Camry LE driven 10,000 miles per year and included comprehensive coverage with the following coverage limits:
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Our prices are average costs for 21 and 18 year olds. To find the cost of adding a 19-year-old driver to an insurance policy, we found the cost of adding a 16-year-old driver to a family policy, then applied the difference between the 16- and 19-year-old percentages. old drivers for this number.
The average 19-year-old pays $319 a month for car insurance, or $3,822 a year. Compared to the average premium for most drivers, the cost of car insurance for 19-year-olds is 131% more expensive.
Despite the high average cost of car insurance for 19-year-olds, many companies offer coverage at much more affordable rates. Our analysis revealed that the insurance costs of the cheapest companies can be 30% lower than the average.
USAA has the cheapest car insurance for 19-year-olds, but it’s only available to military members, veterans and their families. COUNTRY is the cheapest provider for 19 year olds offering cover to the general public.
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For 19-year-olds, the difference between the cheapest and most expensive company can be thousands of dollars a year, which is why it’s so important for young drivers to shop around and compare prices before choosing a policy.
Since prices can vary greatly from company to company, even for the exact same driver, this is the best way to avoid paying more than you need for car insurance.
Yes, unlike younger drivers, 19-year-olds can buy their own car insurance. Car insurance policies are contracts between the driver and the company, and contracts can only be accepted by adults.
Drivers under the age of 19, such as newly licensed 16 and 17-year-olds, can only get car insurance if they join their parents’ existing policy or get their permission first.
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Car insurance rates for 19-year-olds can vary depending on the driver’s gender. Prices are on average more expensive for men than for women. We found that 19-year-old male drivers cost $41 more per month for car insurance than female drivers.
A handful of states do not allow insurance companies to set costs based on gender. In the following states, 19-year-old male drivers are paid no more than their female counterparts:
Car insurance costs more for 19-year-old male drivers than female drivers of the same age, but the difference in costs depends in part on the company.
Among the companies with the lowest 19-year-old car insurance rates, GEICO has the smallest pay gap between male and female drivers. At GEICO, male drivers pay just $15 more per month than female drivers.
Average Cost Of Car Insurance By State, Company, Car, And More
The cost of car insurance for 19-year-olds is more expensive than average, but still cheaper than younger drivers. We found that car insurance costs 131% more on average for 19-year-olds, but 35% less than 16-, 17- and 18-year-old drivers.
Nineteen-year-olds pay higher average car insurance premiums than 19-year-olds because they are more inexperienced than older drivers. Data shows that 19-year-olds are more likely to be involved in accidents than older drivers, making it more dangerous for companies to insure them.
Nationally, 19-year-olds pay an average of $3,822 a year for car insurance, but your rates will depend in part on where you live. The cost of car insurance for 19-year-olds varies up to $5,739 when comparing the cheapest and most expensive states.
Hawaii has the cheapest car insurance for 19-year-olds of all states because it does not allow car insurance companies to take age into account.
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On the other hand, Louisiana, already one of the most expensive states, has the most expensive car insurance for 19-year-olds at $7,001 per year.
Rating How we rate: Ratings are determined by our editors. Our methodology takes into account several factors, including price, financial considerations, quality of customer service and other specific product characteristics.
With COUNTRY Financial, car insurance for 19-year-old drivers costs an average of $187 per month (or $2,246 per year). This makes RIIK 41% cheaper than the average 19 year old.
In addition to cheap rates, COUNTRY also offers some insurance discounts for 19-year-olds that they can use to keep costs down. These include discounts for full-time students who maintain a B average or better, and discounts for taking a defense course.
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The STATE also offers recommendations, such as swapping new cars for vehicles up to five years old (better than the usual three-year limit). You can also add roadside assistance and personal belongings coverage, although these are more common offerings.
Although COUNTRY is the cheapest car insurance for 19 year olds, it is not actually the cheapest company in any state. USAA is the cheapest car insurance company for 19-year-olds in 18 states.
Car insurance for 19-year-olds can be expensive, but with a little extra work, you can still get cheap rates.
The most reliable way to find the best car insurance for 19 year olds is to compare quotes from several companies and choose the one that offers the best rates. Other ways to save on teen car insurance include:
Car Insurance Costs By State
The average cost of car insurance for a 19-year-old is $3,822 per year, although adding a 19-year-old to an existing policy costs just $2,477. It is harder for 19-year-olds to get insurance because they have driven less time.
USAA has the cheapest average price for car insurance for 19-year-olds. However, since USAA only offers coverage to individuals and families connected to the military, COUNTRY is the cheapest 19-year-old company available to the public.
Car insurance tends to be more expensive for 19-year-old male drivers than for female drivers. On average, men spend $496 more per year than women of the same age, although this varies by company.
Rachael Brennan is the company’s senior editor and licensed auto insurance expert. His work has also been featured in MoneyGeek, Clearsurance, Adweek, Boston Globe, The Ladders, and AutoInsurance.com.
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Andrew Hurst is the company’s senior editor and licensed motor insurance expert. His work has also appeared in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360. Average Cost of Auto Insurance by State in 2023 Posted on April 14, 2023 | 6 minutes to read
In the US, it is illegal to drive without insurance. Depending on the state you’re driving in, the consequences can range from a fine to a misdemeanor. So, if you are planning to hit the road soon, be sure to buy car insurance to avoid fines.
In this article, we’ve researched the average cost of car insurance by state to give you a better idea of how much to budget for.
According to AAA, the national average cost of auto insurance for a comprehensive policy was $1,588 in 2022. This figure is based on a driver under the age of 65 who lives in a city or suburb and has more than six years of driving experience. , and has not suffered any accidents.
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When calculating the cost of car insurance, the state you live in plays a big role in how much you might pay. This is because factors such as population density, weather, road conditions and the level of crime in your area can affect the likelihood of making a claim.
According to Insurance.com, the cheapest states for auto insurance when you’re looking for minimum coverage are Iowa, South Dakota and Wyoming, with average costs of $263, $267 and $293, respectively. Meanwhile, the cheapest states for comprehensive auto insurance are Ohio ($1,023), Maine ($1,116) and Idaho ($1,121).
The most expensive states for auto insurance in terms of minimum coverage are New Jersey, Florida, and New York, where drivers pay an average of $989, $908, and $875, respectively. On average, drivers in Florida ($2,560), Louisiana ($2,546) and Delaware ($2,137) pay the most for comprehensive insurance.
Another factor that affects how much you pay for auto insurance is the specific company you purchase the plan through.
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According to the U.S. News & World Report, USAA, Geico, and State Farm offer the cheapest minimum coverage plans, while USAA, Geico, and Nationwide offer the cheapest comprehensive coverage.
Farmers, Progressive and Nationwide offer the most expensive minimum coverage rates, while Allstate, Farmers and Progressive offer the most expensive full coverage plans.
According to CarInsurance.com, the cost of both is minimal