How Much Is Car Insurance For A Teenager

While it can be challenging to find cheap auto insurance for teens you can lower the cost by maximizing savings opportunities.
How much is car insurance for a teenager. Young drivers are far more likely to get into car accidents than older drivers. Teen car insurance is so expensive because teenage drivers pose a big risk to insurance companies. Being that this is a national average teen drivers can expect to pay anywhere from 1 200 to 4 850 for car insurance on an annual basis. The average price for teen car insurance is around 2 150 per year.
The risk is highest with 16 year olds who have a crash rate twice as high as 18 and 19 year olds. That risk can result in higher car insurance rates. Compare this to the national average for all drivers which is around 1 700 per year. For example young people between the ages of 15 and 19 accounted for 6 5 of the u s.
Like we ve said teen car insurance is expensive. The exact price however can vary greatly based on age zip code driving history gender and type of vehicle. How to afford car insurance for a teenager. How much is car insurance for teens.
A new study says adding a teen to your car insurance increases the bill by an average of 82 percent and can more than double it in five states.