Cheap Car Insurance For 21 Year Old Drivers

As you ll see in the average car insurance rates by age table below in general rates are cheapest for drivers in their 40s 50s and 60s and then increase again a bit at age 70.

Cheap car insurance for 21 year old drivers.

The cost of car insurance for young drivers is notoriously high with 17 to 24 year old s often paying well over a thousand pounds a year for the privilege of being on the road. If you re not in the military or related to someone who is state farm offers the second cheapest premium at 1 319. However by the time your teen reaches 19 or 20 years old a standalone. As the parent or guardian of a young driver you know it s essential to have good car insurance to protect them.

Whether you re paying for it or they re working hard to foot the bill it s a new expense for your family. If you re 21 and looking for cheaper car insurance it s worth trying the following. Drivers aged 17 19 make up just 1 5 of uk licence holders but they re involved in 9 of serious and fatal. 22 year olds typically pay about 300 less than 21 year olds 4 453 and about 300 more than 23 year olds 3 840.

Newly licensed drivers are expensive to insure. The average cost of auto insurance for a 21 year old is 4 453 as insurers often charge young drivers higher rates. Fortunately you can find cheap car insurance for young drivers without breaking the bank. When purchasing car insurance for a 16 or 17 year old it usually costs much less to add them to your existing policy.

Insurance for young drivers is typically high because they re less experienced on the road and are statistically more likely to be involved in an accident than older drivers. Adding a named driver. Using a methodology outlined here we discovered that usaa is the cheapest car insurance company for 21 year old drivers. Adding another driver to your policy such as a parent or guardian can put insurers at ease that you won t driving the car all the time.

For 21 year old drivers looking for the cheapest option we recommend usaa erie and geico where eligible. At 966 for a standard six month policy usaa will set you back 161 per month. Just take these stats cited road safety charity brake. Young drivers under 25 especially teens generally pay more for auto insurance relative to older drivers.

That s more than 3 430 over the national average 1 758 for drivers age 30. The average cost of car insurance for 22 year olds is 4 128 per year or approximately 350 per month.