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Best Car Insurance for Teens & Young Drivers (2022)

The best auto insurance companies for teen and young drivers are Travelers, USAA, and Progressive, according to WalletHub’s analysis of 17 of the top auto insurance companies. Teen car insurance costs an average of $2,581 for the state minimum coverage, compared to the average cost for an adult driver of about $716.

best car insurance for teens and young drivers

  • travelers – $1,314
  • united states – $1595
  • mercury – $1,684
  • progressive – $1,835
  • state farm – $1,896
  • yyyy – $1,906
  • mutual liberty – $2,065
  • the hartford – $2116
  • surance – $2,430
  • geico – $2,822
  • To help teen drivers and their families lower the cost of auto insurance, Wallethub compared quotes from all the major teen driver auto insurance companies to their own policies. These premiums, combined with ratings from wallethub users and editors, were used to determine the best car insurance for teen drivers.

    Reading: What is the best car for insurance for young driver

    the best car insurance companies for teen and young drivers

    The best auto insurance company for teen drivers is Travelers because it has the cheapest quotes for teen drivers in Wallethub’s review, and the company earned high marks from Wallethub editors for its variety of coverage options and its easy to navigate website. Travelers also offers multiple discounts for teen drivers, including good students, driver training, and school discounts.

    usaa provides affordable coverage for teen drivers and their families. USAA also offers driver training and nice student discounts, and drivers can choose from a variety of coverage options, like special rideshare insurance. however, USAA has received more customer complaints than the average auto insurance company of its size. policyholders must also be eligible for usa. uu.

    progressive received a high wallethub editor rating of 4.3/5, due to its low prices, many discounts, and variety of hedging options. teens can qualify for their teen driver, good student, and distant student discounts.

    As the largest auto insurance company in the United States, State Farm is available nationwide and offers a variety of specialty coverage types, such as rideshare auto insurance. High school, homeschool or full-time college students can save up to 25% with the State Farm Good Student Discount. teens may also qualify for state farm driver training and student discounts at school.

    The Hartford offers affordable auto insurance for teen drivers, and teens can qualify for the company’s driver training and nice student discounts. Hartford is also known for its AARP discount auto insurance program, which means teens who share a policy with an AARP member have more options to save. however, the company’s customer service ratings are lower than average.

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    mercury offers low rates for teen drivers in all 11 states where it is available, including california, florida, new york and texas. WalletHub’s editors note that Mercury offers coverage options and average customer service, making it best for teens looking for basic, affordable auto insurance. teens may qualify for a nice mercury student discount.

    AAA offers competitive rates for teen drivers looking for auto insurance, though drivers must first purchase an AAA membership to qualify. aaa is known for its flagship roadside assistance program, which is included with any membership. Teens can take advantage of AAA’s new Young Driver, Good Student, and Out-of-School Student discounts.

    liberty mutual offers affordable coverage for teen drivers, though it does not offer a driver training or education discount. but liberty mutual customers can still benefit from its easy claims processing and variety of coverage types, as well as its nice student discount.

    esurance stands out for its high rating of 3.6/5 from users on wallethub. Teen drivers can also see if they qualify for Esurance’s Good Student Discount or Driver Training Discount, though availability varies by state.

    geico premiums for teen drivers are among the most expensive of the 17 companies surveyed by wallethub. however, geico earned the highest wallethub editor rating of any company on the list, given its many discounts and hedging options.

    full-time students with a b average or better can save up to 15% with geico’s good student discount. Geico also offers a driver’s education discount.

    comparison of the best car insurance for teenagers and young drivers

    auto insurance discounts for teen and young drivers

    Car insurance companies offer a variety of discounts that make the cost of teen car insurance more reasonable, including:

    • Good Student Discounts: Teens in high school, college, and vocational programs can generally qualify for good student discounts if they have at least a b average.
    • Discounts for students attending school: Young drivers who are in college and are at least 100 miles from home can take advantage of this discount.
    • Driver’s Education Discounts: Many insurance companies offer a driver’s education discount or a similar discount on driver training. Some insurers even offer their own training programs, which teens can complete for savings.
    • teen car insurance discounts by company

      Other possible discounts include usage-based insurance savings for especially careful teen drivers and multi-car discounts for teens who drive a different vehicle than their parents.

      Learn more about lowering the cost of car insurance for teens.

      cost of car insurance for teens by state

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      *rates reflect average annual premiums

      Learn more about the cost of car insurance for teens.

      tips for finding car insurance for young drivers

      1. compare the costs of an individual policy with those of a family policy.

      Adding a teen driver to a family policy can result in higher premiums, but generally costs less than getting a separate policy for a teen.

      2. balance cost and caution when choosing your coverage options and limits.

      Buying a liability-only policy may be tempting because of the lower premium, but if you’re thinking of narrowing down your coverage options, keep in mind that teens are more likely to be in a car accident.

      3. choose your car carefully.

      Sports cars, luxury vehicles, and cars with high theft rates are especially expensive to insure, so teen drivers should select their cars with insurance rates in mind. most insurers also offer discounts on security features.

      4. get multiple quotes.

      Searching for quotes from multiple insurance companies is always a good way to save, but it’s especially important for teens considering their expensive premiums.

      video: what is the best car insurance for teenagers?

      methodology

      wallehub editors compared 17 car insurance companies to determine the best car insurance for teens. the companies were evaluated based on:

      • premium
      • wallehub editor rating
      • wallethub user rating
      • number of teen discounts
      • companies obtained a maximum of 5 points for each category. Wallethub editors then ranked the companies by total points to determine the best car insurance for teens. the price was used as a tiebreaker when necessary.

        Premiums used for this comparison are an average of a series of quotes obtained from Quadrant Information Services for California zip codes, based on drivers ages 16-19 with clean driving records. the following coverage limits applied:

        See also: Car Insurance Deductibles Guide: 5 Key Things to Know in 2022

        • $15,000 bodily injury liability coverage per person
        • $30,000 bodily injury liability coverage per accident
        • $5,000 in accidental property damage liability coverage

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