Teenage drivers offer a significant danger to insurance companies, which results in infamously high teen auto insurance prices, how is car insurance for young drivers? The average increase for adding a teen driver to a parent policy is $2,182 a year, typically doubling their vehicle insurance payment, according to our analysis of prices from 147 auto insurance providers statewide.
basketballpluss.com graded major insurance providers according to price, level of complaints, availability of new car replacement and accident forgiveness, and collision repair in order to assist parents in finding the best affordable auto insurance for teenagers.
The 5 Best Cheap Car Insurance for Young Drivers:
Erie Car Insurance (Car insurance for young drivers)
Erie has solid coverage options, and its procedures for handling accident repair claims received high marks. These benefits balance out Erie’s vehicle insurance prices, which, depending on your driving history, might range widely.
Pros
- Provides excellent pricing on vehicle insurance when adding a teen to a policy.
- Affordable car insurance rates for drivers with accidents on their record or who have received speeding tickets.
- It is advantageous for new car owners because it provides gap insurance and coverage for brand-new cars.
- Has disappearing deductibles and accident forgiveness.
- Received a top rating for its handling of claims from crash experts.
- With Erie’s Rate Lock, which maintains your pricing the same year after year until you make specific changes to your policy, like adding or removing a car, it’s simple to budget expenses.
Cons
- Typical rates are high for drivers with poor credit.
- Provides no usage-based auto insurance plans.
- Is only offered regionally and in 12 states.
- Had more complaints than usual made to state insurance departments about its auto insurance. Surcharges and premiums are the main topics of grievances against Erie.
USAA Car Insurance (Car insurance for young drivers)
Automobile insurance rates from USAA are fairly reasonable for drivers with a variety of driving histories. If you are eligible, USAA is worth looking into. To be qualified for USAA auto insurance, you must be a service member, veteran, or family member of a military member.
Pros
- Low prices for all drivers, including those with a clean driving record and those with tickets, accidents, or DUIs.
- Offers affordable prices for both young and senior drivers, two age groups with high insurance costs.
- Offers new automobile replacement and accident forgiveness.
- Provides a choice for ride-sharing insurance protection.
- Has a usage-based insurance scheme (SafePilot) that prudent drivers can utilize to perhaps reduce the cost of their auto insurance.
Cons
- The right to receive coverage is not universal. Offers insurance only to veterans, active military personnel, and their immediate families.
- The average bundling discount offered by USAA for house and vehicle insurance is only 6%, which is quite small.
- If you’re adding a teen to your auto insurance policy, there are less expensive options.
- Offers no gap insurance.
American Family Car Insurance (Car insurance for young drivers)
American Family offers a wide variety of optional auto insurance coverage options, and the company receives relatively few customer complaints. Even with simply average vehicle insurance prices, this makes them stand out.
Pros
- There are almost any complaints about American Family’s motor insurance reported to state insurance departments.
- Costs for drivers with DUIs are reasonable.
- Will submit SR-22s as required.
- Offers a disappearing deductible and accident forgiveness.
- American Family offers gap insurance to new-car customers.
- Provides a usage-based insurance program (KnowYourDrive) for safe drivers who want to get a better deal on car insurance.
- Provides auto insurance for non-owners.
- American Family offers ridesharing insurance for drivers of Lyft and Uber.
Cons
- Cost of good drivers’ (those with a clean driving record) auto insurance is merely average.
- The price to add a teenage driver to a parent’s coverage is merely mediocre.
- Auto insurance premiums for seniors and young drivers are comparable.
- American Family is not offered nationwide, only in 19 states.
Nationwide Car Insurance (Car insurance for young drivers)
For some types of drivers, Nationwide offers affordable auto insurance rates together with a large range of useful add-on coverages. It is a firm to look into if you’re looking for auto insurance because the number of complaints against it for that coverage is relatively low. Notably, Nationwide provides drivers who wish to perhaps cut their expenses based on real driving with both a usage-based insurance scheme and a pay-per-mile option.
Pros
- Offers the SmartRide usage-based insurance program to exemplary drivers who wish to reduce the cost of their auto insurance based on their driving practices.
- Furthermore offers low-mileage drivers who wish to save money a pay-per-mile insurance option (SmartMiles).
- When adding a teen driver to a policy, which is generally quite expensive for parents, you can get reasonably excellent insurance prices.
- Premiums that are comparatively low for drivers with bad credit.
- Provides choices to customize an insurance, including as accident forgiveness, new car replacement, and disappearing deductibles.
Cons
- High auto insurance premiums for drivers who injured others in an accident.
- DUI drivers pay greater car insurance premiums than their leading rivals.
- There is no rideshare insurance available.
Auto-Owners Car Insurance (Car insurance for young drivers)
With its optional coverage options, claims procedure, low number of complaints, and cheap cost, Auto-Owners Insurance excels.
Pros
- Excellent rates on auto insurance for drivers involved in collisions. (USAA is a little less expensive, but only veterans and military families are eligible.)
- Offers a decreasing deductible and accident forgiveness.
- Gives a decent discount of 14%, on average, for fully paying for a car insurance for young drivers policy.
- There are options for gap insurance and new automobile replacement coverage.
- To potentially cut their auto insurance prices, good drivers can test out Auto-Owners’ usage-based insurance program (TrueRide).
- Received a top rating for its handling of claims from crash experts.
Cons
- If you have a DUI or bad credit, you might find vehicle insurance at a lower cost.
- The cost of adding an adolescent driver is only moderate.
- SR-22 filings are not available here, therefore drivers must look elsewhere.
