Average Car Insurance Cost For 16-year-old Female

Average Car Insurance Cost For 16-year-old Female – The average cost of insuring a 16-year-old child is $813 per month for full coverage, based on our analysis of thousands of premiums in nine states. On average, 16-year-old boys pay $63 more per month compared to girls.

Erie has the cheapest auto insurance for 16-year-old drivers at $311 per month for full coverage, based on our analysis of thousands of rates in nine states. Although car insurance for 16-year-olds is expensive, you can save by sharing a policy with your parents, getting quotes from multiple insurers, and increasing the number of discounts you get.

Average Car Insurance Cost For 16-year-old Female

16-year-olds can expect to pay an average of $813 per month for car insurance. Among the different insurers we analyzed, prices ranged from $311 to $1,141 per month for full coverage, underscoring the importance of getting quotes from multiple insurers.

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Erie offers the cheapest insurance for 16-year-olds at a monthly rate of $311. Since Erie is only available in 13 states, Farmers is the cheapest option available nationwide at $415 per month.

Insuring a 16-year-old driver can be very expensive. The cost of insuring a 16-year-old driver is more than twice as high as the average cost of insuring a 25-year-old. A 16-year-old can expect their insurance costs to drop by an average of 9% by the time they turn 17.

Average car insurance costs for 16-year-old female drivers are generally cheaper than those for male drivers. This is because young male drivers tend to take higher driving risks than young female drivers, such as speeding or drink driving.

Car insurance is much more expensive for 16-year-old drivers, as they are more likely to be involved in accidents than older drivers. According to the Centers for Disease Control and Prevention (CDC), teenage drivers are three times more likely to be involved in a fatal crash than other drivers.

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Rates for 16-year-olds are also higher because insurers don’t have current data on which to base their models. Car insurance rates are based in part on your driving history, as someone who has been driving for years without an accident will pay less for insurance than someone who has caused several accidents.

But for these teenagers, who typically have had their driver’s license for a year or less, there is very little data on which insurers can base their decision. This results in higher costs for any teenage driver, no matter how careful they are.

Geico and State Farm are often the cheapest insurers, with both companies being the cheapest option in three states. Below are the cheapest insurance companies for a 16-year-old in our nine sample countries.

In most cases, you’ll need to add your 16-year-old son or daughter to auto insurance as soon as they get their driver’s license. Some countries require this by law, and many insurance companies do. Even if it’s not necessary, it’s smart to make sure they’re all covered by your auto insurance.

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You usually only need to add a driver to your policy once they are licensed. If your 16-year-old has not yet passed their driving test, they usually do not need to be listed on your policy.

The most important way to save money on car insurance as a 16-year-old is to add to your parents’ insurance instead of buying your own. A 16-year-old male could lower his rates by 45% if he took out his parents’ car insurance.

Some insurance companies require you to have one joint policy for everyone in your family. Even if you can buy your own policy, you’ll probably need your parents to agree to the contract – the insurance company won’t let you buy the policy yourself as a minor, as minors can’t legally sign contracts.

Many states have laws that restrict how and when 16-year-olds can drive, even after they’ve passed their driving test. Teen drivers often have intermediate licenses, also called provisional or restricted licenses, which include restrictions that do not apply to adult drivers.

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For example, 16-year-old drivers in Florida cannot drive between and 6:00 a.m. In California, 16-year-olds may not have a passenger under the age of 20 unless they are supervised by a driver 25 or older.

Car insurance rates for 16-year-old drivers are very high, but there are ways to lower your monthly premium. The best thing you can do is add a family member’s policy instead of buying your own.

Each insurance company offers different rates, and the difference is especially large when it comes to teenagers – choosing one insurance company over another can save thousands of dollars a year.

However, the cheapest insurance for 16-year-old drivers varies by region. Collect quotes from several different insurance companies to ensure you pay as little as possible.

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To compensate for the high cost of insurance for 16-year-olds, many insurance companies offer various discounts specifically aimed at young drivers. Here are some common deductions to watch out for.

If you or your parents are buying a new or used car that you will drive after the age of 16, one of the main factors is how much the insurance will cost. Car insurance prices vary greatly by car model – for example, in our survey of the cheapest cars to insure, we found that the Honda CR-V, the car with the lowest monthly premiums, is 33% cheaper to insure than the Ford Mustang. .

Buying a fun or fast car – like a Mustang – may seem appealing, but it’s likely to be much more expensive to buy, drive and insure than a car like a Honda Civic. Additionally, a sports car will be more expensive to repair if you get into an accident.

One of the easiest ways to lower insurance bills for teenagers is to reduce the insurance they pay. The most common parts of auto insurance that we remove are comprehensive coverage and collision coverage, which pay for repairs to your vehicle. Collision covers you if your car is damaged in a collision and no one else is at fault. Comprehensive insurance pays for non-collision damage, such as vandalism or theft.

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Both insurances are optional unless you have a car loan or lease. If your car is older and not worth as much, it’s generally a better idea to skip comprehensive and collision coverage. This is because the maximum possible insurance payout – the replacement cost of your car – is often less than the cost of the insurance. However, only drop these insurances if you can afford to repair or replace your car without them.

For 16-year-olds just supplementing their parents’ policies, getting behind the wheel can be as simple as calling their insurance agent or visiting your insurance company’s website.

However, getting your 16-year-old on car insurance is an ideal time to check with other insurers to see how much they charge for their policies and consider switching insurers to save money.

Yes, a 16-year-old can buy their own car insurance. In addition to being more expensive, there will likely be an extra step in the process.

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They will likely need to get a parent to agree or co-sign the contract, as minors cannot sign legally binding contracts.

Our study used auto insurance quotes from thousands of zip codes in the nine most populous US states. Our sample drivers were 16-year-old boys and girls driving a 2015 Honda Civic EX. All other variables that affect auto insurance rates were held constant.

Our study included 29 insurers, but insurer rates were added to our list of average prices and recommendations only if their policies were available in at least three of the nine states.

The analysis gathered data on insurance rates from Quadrant Information Services. The premiums used were publicly obtained from the records of insurance companies. The prices quoted in this study should be used for comparison purposes only, as your own quotes may vary.

How Much Is Car Insurance For A 16 Year Old

For an insurance quote over the phone, call: (855) 596-3655 | Agents are available 24 hours a day, 7 days a week! “Peer reviewed” means that our financial review committee has thoroughly evaluated the accuracy and clarity of the article. The audit committee consists of a group of financial experts whose goal is to ensure that our content is always objective and balanced.

Written by Carol Pope Written by Carol PopeArrow Right Insurance Writer Carol Pope is an insurance writer for and before joining the team, she spent 12 years as an auto insurance agent. During this time, she sold, serviced and underwrote car insurance for people all over the country. He also has experience selling additional insurance such as umbrella insurance. Contact Carol Pope at Carol Pope email address

Edited by Amy Sims Edited by Amy SimsArrow Right Editor Amy Sims is the editor for and leads the team responsible for creating content about student insurance. Amy Sims

Reviewed by Mark Friedlander Reviewed by Mark FriedlanderRight arrow Director of Corporate Communications, Insurance Information Institute Mark Friedlander is Director of Corporate Communications at III, a nonprofit organization dedicated to better understanding consumers

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