Car Insurance Teenage car insurance rates: How much car insurance costs for teens in 2024 Teenage car insurance average cost per month is $315 or $3,775 per year for full coverage car insurance. View Carriers Please enter valid zip Compare top carriers in your area Written by Insure.com's EditorUpdated on: August 27, 2024 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. As a parent, you may be concerned about the cost of car insurance for your teenage driver. We understand that it can be quite expensive, but it’s important to consider the reasons behind it. Teenagers have limited driving experience and are at a higher risk of accidents, which is why insurance rates are higher for them. Learn more about car insurance costs for teen drivers and how it varies depending on their age. Teenage car insurance average cost per month and per year Average car insurance cost for teen per monthAverage car insurance cost for teen per year$315$3,775 Picture this: your teenager is finally ready to hit the road, but the cost of car insurance is putting a strain on their wallet. On average, car insurance for teenagers costs around $3,775 per year or $315 per month. We understand that this can be quite expensive, especially considering their inexperience on the road and the higher likelihood of accidents. However, there is hope! By shopping around and comparing different insurance quotes, you can find more affordable coverage for your teen driver. It’s important to find the best coverage at a reasonable price, so you can have peace of mind while your teen is behind the wheel. Our car insurance calculator for teens can help you quickly estimate car insurance rates in your area and even help you find the cheapest price. Key Takeaways According to Insure.com’s data analysis, the average annual cost of car insurance for a teenage driver is $3,775. Car insurance rates for teens vary widely by state, with some states seeing much higher premiums. Parents can consider adding teens to their existing policy, choosing the right car and exploring available discounts to save on teen car insurance. Car insurance calculator for teens ZIP Please enter a valid ZIP code Gender Male Male Female Non-binary Age 16 16171819 Coverage level Full coverage – 100/300/100 liability, $500 collision and $500 comprehensive deductibles. State minimum liability – Liability coverage limits vary by state, no coverage for physical damage to your vehicle. Liability only – 100/300/100 liability, no coverage for physical damage to your vehicle. Full coverage Full coverage State minimum liability Liability only Filter Average annual rates for teen drivers 33315 - Fort Lauderdale $11,195 Average rate $15,772 Highest rate $9,287 Lowest rate Most expensive companies for auto insurance in Fort Lauderdale (33315) Company Average annual rate Travelers $15,772 UAIC $11,549 Progressive $11,129 Least expensive companies for auto insurance in Fort Lauderdale (33315) Company Average annual rate Geico $9,287 State Farm $9,485 National General $10,315 Methodology Insure.com editors collected car insurance rates from Quadrant Information Services based on a sample profile of an individual driving a Honda Accord LX with a good insurance score and no violation on record and commuting 12 miles to work each day, with policy limits of $100,000 for injury liability for one person$300,000 for all injuries$100,000 for property damage in an accident$500 deductible on collision and comprehensive coverage For liability, the same hypothetical driver but with liability limits of 50/100/50, uninsured/underinsured motorist in matching amounts and PIP or MedPay, if required by state. We recommend limits this high, even if you have only liability coverage. A state minimum policy includes only the basic state liability limits and any other state-required coverages, such as uninsured motorists or PIP. We analyzed 568,38,240 insurance records, 34,523 ZIP codes and 136 insurance companies across 29,162 cities. And to calculate rates for non-binary, we took the average of "male" & "female" rates for the same coverage limits. How much it costs to add a permit driver to insurance by state Now let’s dive into the specific costs of adding a permit driver to your insurance policy, and how it varies by state. The amount of the additional premium can vary greatly depending on where you live. For example, in Alabama, the average car insurance cost is $1,304 per year. But for a teenage driver, it increases to $3,504– that’s $2,200 more. On the other hand, in Hawaii, the average car insurance cost is relatively low at $1,255 per year, and the additional premium for a teen is only $37. These numbers may vary depending on the specific circumstances and insurance provider, so it’s important to do your research and find the best option for your family. State Average car insurance cost per month Average car insurance cost per year Average car insurance cost for teen drivers per month Average car insurance cost for teen drivers per year How much extra premium teen would pay per month How much extra premium teen would pay per year Alabama $109 $1,304 $292 $3,504 $183 $2,200 Alaska $104 $1,246 $300 $3,600 $196 $2,354 Arizona $117 $1,399 $372 $4,463 $255 $3,064 Arkansas $130 $1,556 $335 $4,021 $205 $2,465 California $149 $1,783 $472 $5,660 $323 $3,877 Colorado $140 $1,675 $340 $4,082 $201 $2,407 Connecticut $165 $1,980 $431 $5,167 $266 $3,187 DC $157 $1,887 $438 $5,261 $281 $3,374 Delaware $153 $1,838 $375 $4,503 $222 $2,665 Florida $188 $2,250 $458 $5,496 $271 $3,246 Georgia $151 $1,815 $445 $5,343 $294 $3,528 Hawaii $105 $1,255 $108 $1,292 $3 $37 Idaho $85 $1,019 $234 $2,812 $149 $1,793 Illinois $98 $1,176 $303 $3,635 $205 $2,459 Indiana $88 $1,057 $212 $2,538 $123 $1,481 Iowa $89 $1,073 $214 $2,570 $125 $1,497 Kansas $118 $1,412 $275 $3,300 $157 $1,888 Kentucky $134 $1,611 $325 $3,903 $191 $2,292 Louisiana $186 $2,228 $584 $7,007 $398 $4,779 Maine $74 $884 $165 $1,977 $91 $1,093 Maryland $128 $1,541 $357 $4,280 $228 $2,739 Massachusetts $135 $1,616 $330 $3,964 $196 $2,348 Michigan $197 $2,368 $518 $6,217 $321 $3,849 Minnesota $112 $1,339 $283 $3,392 $171 $2,053 Mississippi $125 $1,504 $306 $3,671 $181 $2,167 Missouri $107 $1,288 $248 $2,978 $141 $1,690 Montana $132 $1,589 $269 $3,230 $137 $1,641 National average $121 $1,447 $315 $3,775 $194 $2,328 Nebraska $107 $1,287 $287 $3,449 $180 $2,162 Nevada $132 $1,578 $399 $4,785 $267 $3,207 New Hampshire $96 $1,156 $284 $3,406 $188 $2,250 New Jersey $118 $1,419 $383 $4,590 $264 $3,171 New Mexico $125 $1,498 $333 $3,991 $208 $2,493 New York $101 $1,214 $279 $3,347 $178 $2,133 North Carolina $98 $1,170 $217 $2,608 $120 $1,438 North Dakota $94 $1,123 $224 $2,688 $130 $1,565 Ohio $80 $959 $161 $1,931 $81 $972 Oklahoma $122 $1,469 $287 $3,446 $165 $1,977 Oregon $110 $1,325 $288 $3,456 $178 $2,131 Pennsylvania $120 $1,438 $262 $3,142 $142 $1,704 Rhode Island $168 $2,011 $486 $5,829 $318 $3,818 South Carolina $113 $1,353 $353 $4,230 $240 $2,877 South Dakota $104 $1,250 $231 $2,776 $127 $1,526 Tennessee $112 $1,339 $291 $3,487 $179 $2,148 Texas $137 $1,644 $366 $4,387 $229 $2,743 Utah $101 $1,212 $270 $3,243 $169 $2,031 Vermont $97 $1,166 $248 $2,978 $151 $1,812 Virginia $83 $993 $248 $2,974 $165 $1,981 Washington $109 $1,307 $277 $3,323 $168 $2,016 West Virginia $122 $1,467 $314 $3,766 $192 $2,299 Wisconsin $96 $1,147 $251 $3,011 $155 $1,864 Wyoming $131 $1,577 $319 $3,830 $188 $2,253 Where we got the information?*Based on a Honda Accord driven by a 40-year-old male buying 100/300/100 liability coverages with comprehensive and collision coverage and the addition of the average rates for a 16-year-old driver. How much it costs to add a 16-year-old to a car insurance policy Parent’s own policy costCost when 16-year-old added to parent’s policy$ Difference$1,693$3,960$2,267 Now let’s talk about adding your 16-year-old to your car insurance policy. Brace yourself, because it can be a costly endeavor. On average, the cost of your own policy is $1,693 per year. But when you add a 16-year-old to the policy, the price skyrockets to $3,960. That’s an average increase of $2,267! This significant increase emphasizes the higher risk associated with teen drivers. It’s important for parents to plan and budget accordingly, so they’re not caught off guard by the added expense. How much it costs to add a 17-year-old to a car insurance policy Parent’s own policy costCost when 17-year-old added to parent’s policy$ Difference$1,693$3,384$1,691 Adding a 17-year-old to your car insurance policy also leads to an increase in cost. While your own policy still costs around $1,693 per year, adding a 17-year-old raises the cost to $3,384—That’s an average increase of $1,691. As a parent, it’s important to understand the financial implications of adding a teenage driver to your car insurance. Tips for parents and teens Parents and their teen drivers can work together to find smart ways to save on car insurance. Here are some tips to help you keep your premiums low. For parents: Add your teen to your policy: Instead of getting a separate policy for your teen, consider adding them to your existing policy. This often comes with multi-car and multi-driver discounts. Choose the right car: Opt for a safe and reliable vehicle that is not too expensive to insure. Avoid high-performance cars or luxury vehicles, as they generally come with higher insurance costs. Encourage good grades: Many insurers offer discounts for teens who maintain good grades. This not only rewards academic achievement but also suggests responsible behavior. Explore discounts: Discounts such as safe driver, good student and multi-policy can significantly reduce premiums. Raise deductibles: Increasing your deductible (the amount you pay before insurance kicks in) can lower your premium. However, make sure you can afford to cover the deductible cost. For teen drivers: Focus on safe driving: Your driving record plays a big role in insurance costs. Avoid speeding, distractions, and risky behaviors to maintain a clean record. Take a defensive driving course: Completing a defensive driving course not only enhances your skills but can also qualify you for discounts with some insurers. Drive less, pay less: Some insurance companies offer discounts for low annual mileage. If you don’t drive your vehicle regularly, you can take advantage of pay-per-mile car insurance. Avoid tickets and accidents: Traffic violations and accidents can significantly increase your insurance rates. Practice caution and follow traffic rules diligently. Car insurance rates for teen drivers are generally higher compared to older and more experienced drivers. This is due to the higher risk associated with a lack of driving experience and the tendency for riskier behavior on the road. Insurance companies consider various factors when determining rates for teenage drivers, including age, gender, location, type of vehicle, and academic performance. Statistics show that teen drivers have a higher likelihood of being involved in accidents and as a result, insurance companies charge higher premiums. Final thoughts It’s fine to feel overwhelmed by the high premiums, especially as they can strain your budget. However, understanding the factors influencing these rates, such as the teen’s age, driving experience and location, can empower you to make informed decisions. By exploring discounts, adding your teen to an existing policy, and choosing a safer vehicle, you can help reduce costs and protect your teen on the road. Frequently asked questions Why is car insurance more expensive for teenagers? Teenagers typically face higher insurance premiums because they are considered high-risk drivers due to their lack of experience on the road. This increased risk of accidents and claims results in higher insurance costs. How can I lower car insurance costs for my teenager? To reduce insurance costs, consider encouraging your teen to maintain good grades (which might qualify them for a good student discount), choose a car with high safety ratings and explore other discounts, such as those for driver education courses. When do car insurance rates for teen drivers start to decrease? Car insurance rates for teenagers generally start to decrease as they gain more driving experience and reach their early 20s. 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Autonomous cars: 5 delightful and 5 distressing things Busted! Part 1: How insurance companies spot bogus claims Insurance options for rideshare drivers 10 things that are illegal but shouldn’t be 1/1 On this page Teenage car insurance average cost per month and per yearHow much it costs to add a permit driver to insurance by stateHow much it costs to add a 16-year-old to a car insurance policyHow much it costs to add a 17-year-old to a car insurance policyFinal thoughtsFrequently asked questions ZIP Code Please enter valid ZIP See rates