Auto Insurance Rates For Teenage Drivers

How Much Does Teenage Car Insurance Cost

Car insurance for teenagersAdding a teen to your car insurance policy is the cheapest way to get your teen insured. The only other way is for them to get insurance on their own, but that will be more expensive. It will be quite expensive and that is why you should compare the rates from several companies first.

Normally, auto insurance for a 16 year old will cost more than an older driver and a male driver will cost more than a female. That is because the actual risk is highest with 16 year-olds, who have an accident rate twice as high as 18 or 19-year-olds.

All 50 states and the District of Columbia now have a Graduated Driver’s License (GDL) system, according to the Insurance Institute for Highway Safety (IIHS). A study by the IIHS found states with stronger graduated licensing programs had a 30% lower fatal crash rate for 15- to 17-year olds.


Just how much is car insurance for a teenager a month ? Here are some averages (16 year old would cost more) for California residents :

Geico – female $1630 yearly ($135 monthly), male $1760 yearly ($147 monthly)

State Farm – female $1400 ($116 monthly), male $2460 ($205 monthly)

Nationwide – female $2,486 ($207 monthly), male $3,228 ($269 monthly)

Progressive – female $2,733 ($227 monthly), male $4,223 ($352 monthly)


Insurance rates for new drivers at Allstate and Farmers are often more than the rates above, but you would need to discuss with an agent first because it might also depend on your particular situation.

Of course, you can get discounts for your teen driver such as the following : Good Student Discount, Defensive driving discount, student away discount, low mileage discount and you can raise your deductible also. Increasing your deductible from $500 to $1,000 will often reduce your annual premium by around $400.

Call your car insurance company and discuss the changes needed to your policy to add your children. Compare offers from different companies and then make a decision.