Getting Car Insurance for 19 Year Olds
Whether you need a car to get to work or you’re ready to explore the open road, you’ll need car insurance. Unfortunately, car insurance for 19-year-olds is expensive.
The good news is there are insurance options that won’t break the bank. So don’t give up on your dream of hitting the open road. Just spend some time researching your options before you buy a policy.
Factors That Influence Your 19 Year Old Car Insurance Rates
When you get car insurance quotes, insurers will consider the following factors to determine your premiums:
- Your age
- Your gender
- Your location
- Whether you’re insured under your parents’ policy or on your own
Due to their lack of driving experience, 19-year-olds are typically charged higher rates than older drivers. Additionally, male drivers are typically charged more than female drivers. The location where you live can also affect your rates, as insurers charge more in areas with higher rates of accidents.
If you’re insured under your parents’ policy, your rates will be lower than if you were insured on your own. This is because insurers view parents as being more responsible drivers than their teenage children.
While 19-year-olds may not be eligible for all the same discounts as older drivers, there are still some ways to save money on car insurance. For example, you may be able to get a discount if you take a driver’s education course or if you have a good student record.
The average monthly cost of car insurance for a 19-year-old is between $200 and $800 for males and between $200 and $500 for females. These figures are based on data from the Insurance Institute for Highway Safety (IIHS), which found that teenage drivers are 400 times more likely to be involved in an accident than older, more experienced drivers. Males are more likely to be involved in accidents than females, so they pay higher rates.
The cost of car insurance for a 19-year-old will vary depending on the car insurance company you choose, as well as other factors such as your driving history and the type of car you drive.
The cost of auto insurance for a 19-year-old varies depending on the state where they live. For example, in Michigan, where premiums are high, a 19-year-old can expect to pay an average of $4,148 per year. In contrast, in Hawaii, where rates are more affordable, the same driver can expect to pay an average of $1,836 per year.
How to Save Money on Car Insurance for 19-Year-Olds
When you’re a new driver, getting affordable car insurance can be tough. But there are a few things you can do to save money on your premiums.
Drive the Right Car
The type of car you drive has a big impact on your insurance rates. In general, newer, more expensive cars cost more to insure than older, less expensive cars. So if you’re looking to save money on your car insurance, consider driving a used car.
Before you buy a policy, be sure to compare rates from multiple insurers. You can do this online or by calling around. Be sure to get quotes from both local and national insurers.
Get Good Grades
Some insurers offer discounts to good students. So if you have a B average or higher, be sure to ask about a good student discount.
Take a Defensive Driving Course
Taking a defensive driving course can also help you save money on your car insurance. Some insurers offer discounts to drivers who complete a defensive driving course.
Stay Insured with Your Parents
If you’re a full-time student and live at home, you may be able to stay on your parents’ car insurance policy. This can save you money on your premiums.
The best way to save money on car insurance is to drive safely. Avoid speeding tickets, accidents, and other violations. By driving safely, you can lower your risk of being in an accident, which will lower your insurance rates.