Car Insurance Quote Young Driver
Car Insurance Quote Young Driver
Everybody knows how expensive auto insurance can be. However, if you’re a young adult under 25, that is especially the case. This is because many auto insurance companies base your premium amount on your age and length of driving experience. A thorough guide to comparing auto insurance quotes is provided here to assist young drivers.
What is insurance for young drivers?
Young driver insurance covers drivers between the ages of 17 and 24. Although it’s not a specialty policy or stand-alone product, insurance companies consider teenage drivers to be at greater risk. Sadly, this is the main reason why young drivers’ auto insurance is typically more expensive. You can, however, take certain steps to obtain less expensive insurance.
Why does insurance for young drivers cost so much?
The average cost of insurance for teenage drivers is £2,041[1]. Regretfully, because young drivers are statistically among the most likely to get in an accident and have to file a claim, their auto insurance premiums are typically higher.
How are the rates for young drivers determined?
The process for determining auto insurance premiums for young adults is the same as that used for older drivers. The following rating factors affect auto insurance rates:
- Age
- Location
- Vehicle usage
- Your driving record
- Speeding and traffic tickets
- At-fault accidents
- Not-at-fault and one-car accidents
- Coverage selections
- Vehicle type
- Mileage
- Credit
Choosing the Right Car Insurance for Teens
Think about the kind of car:
It is never appropriate to let inexperienced drivers operate high-performance vehicles. Also, bear in mind that more traditional cars have cheaper insurance rates.
Examine your deductible:
Not just young teen drivers, but all drivers should adhere to this. Auto insurance rates can be lowered by raising the deductible, which means you will have to pay more for any comprehensive or accident damage.
Give a little coverage
If the car is older and merely has current value, you may want to consider removing comprehensive and collision coverage.
Best car insurance companies for young adults
- Best overall: State Farm
- Best for discounts: Geico
- Best for personalization: Nationwide
- Best for customer satisfaction: Auto-Owners
- Best for military members and veterans: USAA
Get a car insurance quote online
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