By age 19, most drivers have at least a few years of experience on the road, which is reflected in the average cost of auto insurance for this age group. 19-year-old drivers pay an average of $4,130 per year, $1,190 less than 18-year-old drivers on their own comprehensive policy, according to Bankrate’s 2022 study of quoted annual premiums. If they stay on their parents’ policy, 19-year-old drivers can save a bit more as long as they meet the requirements to qualify for this option.
Although rates generally trend lower for older young drivers, finding the right auto insurance policy at an affordable price often requires additional research. To help drivers find the right coverage, the insurance experts at Bankrate compared quotes and policies from multiple providers to evaluate some of the best car insurance options for 19-year-old drivers.
how much does car insurance cost for a 19 year old?
Using quadrant information services, our insurance editorial team collected and compared quotes from dozens of auto insurers to help young drivers make an informed decision regarding their insurance. The average cost of auto insurance for a 19-year-old with their own policy is $4,130 a year for full coverage and $1,291 a year for minimum coverage, based on quoted annual premiums. by comparison, 19-year-old drivers pay 133% more for full coverage than the national average cost of auto insurance for adult drivers. however, the costs are slightly lower when added to the parent’s policy, at $2,929 annually or $936 annually, for full or minimum coverage, respectively.
Due to a lack of a long driving history, auto insurance companies often consider young drivers, including those under 21, to be risky to insure. A recent study by the Insurance Institute for Highway Safety (IIHS) found that drivers ages 16 to 19 were three times more likely to be involved in a fatal crash compared to drivers age 20 and older. Additionally, 19-year-olds were responsible for 600 total fatal car accidents in 2020, the highest number of any other age group of drivers under the age of 21.
The average cost of auto insurance for 19-year-old male drivers is slightly higher than the average cost for 19-year-old female drivers. Historically, both age and gender tend to be strong predictors of driver risk in most states.
average cost of auto insurance for 19 year old men and women
Why does car insurance typically cost more for 19-year-old men than 19-year-old women on average? Every car insurance company has insurers who determine the cost of car insurance based on various factors set by the insurance company, including the stated sex of the driver. Based on the fact that men are statistically riskier drivers than women, based on actuarial data, insurance companies often take gender into account in rates. Hawaii and Massachusetts do not use age and join California, Michigan, North Carolina and Pennsylvania in banning the use of gender when setting insurance rates.
The table below breaks down the average minimum and full coverage auto insurance costs for 19-year-old men and women.
*19 year olds with their own policy are renters.
best car insurance companies for 19 year olds
There are many options for 19-year-old drivers looking for auto insurance coverage. To make the insurance picture clearer, we leveraged 2022 average premium data and considered standout coverage options from each insurer to highlight some of the best auto insurance companies for your consideration. The following carriers have high bank rate scores, calculated on a five-point scale that measures performance in several categories. These include average premiums, coverage options, discounts, state availability, financial strength ratings, customer satisfaction scores, and digital accessibility.
usaa is a unique insurance provider because it only covers active duty military, veterans and their eligible immediate family members. however, even though he has strict membership requirements, he consistently earns j.d. boosts its covered drivers’ customer satisfaction scores and exhibits superior financial strength according to am best. If you’re 19 and eligible, getting a USAA quote could give you dedicated coverage and savings opportunities like their SafePilot program, which offers up to 30% off for safe driving behaviors.
more information: usa insurance review. uu.
On average, Geico isn’t as cheap as Erie for 19-year-old drivers and doesn’t have many additional optional coverages, but it does offer a long list of discounts that many drivers should be able to reduce the average annual premium by a good margin. In addition to having coverage from a nationally trusted company, policyholders have access to Geico’s top-rated mobile app. With it, you can conveniently view your ID cards, make a payment, file a claim, request roadside assistance, and check the status of your claim.
more information: geico insurance review
While traveler insurance policies are, on average, more expensive than other providers on our list, there are multiple discounts 19-year-old drivers can apply to lower their premiums. Through specific discounts for young drivers, like good student, distant student, and driver training, and more general options, like pay in full and the early quote discount, you’ll likely find at least a few ways to save on coverage. By using all of the discounts that apply to you, you may be able to achieve a premium that rivals or even beats other low-cost auto insurance providers.
more information: travel insurance review
erie excels at offering affordable auto insurance and strong policies to drivers in its covered states. Unlike most providers, Erie includes several “extras” in its standard policies, such as pet coverage and locksmith services. To help keep your auto policy affordable, you can add the fixed-rate endorsement to keep your premium up and take advantage of relevant discounts. The OY company offers the young driver discount for drivers under the age of 21, but drivers must be single and still live with their parents to qualify. Also, erie’s availability is more limited than other providers on this list, only offering auto insurance in 12 states.
more information: erie insurance review
For drivers age 19 and under with their own policy, Auto Owners offers the cheapest comprehensive coverage on our list. For drivers who prefer one-on-one communication with their insurer, the company can be an excellent option. To get a quote, the Auto Owners Distribution Network includes 48,000 licensed independent agents to personally guide you through the insurance buying experience. In addition to the expertise offered by their agents, policies through auto owners have useful optional add-ons for 19-year-olds, such as reduced value coverage, which ensures that your claim payment represents the cost of repairing your car. your car at its original value. , before the damage. If managing your car insurance through your mobile phone is a priority, car owners may not be the best option, since you can’t file a claim through their app.
more information: car owners insurance review
cheapest car insurance for 19 year olds
Because price is often an important consideration when choosing coverage, especially for younger drivers who tend to pay more for car insurance, many 19-year-olds may be looking for the cheapest car insurance available. We compared rates from providers across the country and found five that stand out as offering the cheapest car insurance among providers available in most of the 50 states and Washington, D.C.
Price is an important factor when looking for coverage, but there are other considerations as well. Think about any special discounts or optional coverage you might benefit from, as well as how easy it will be to get customer support and manage your policy.
Below are some of the best auto insurance companies that also offer some of the most affordable average rates for 19-year-old drivers, both on their own policy and their parents’ policy. usaa ranks as the cheapest overall based on our research, though it’s only available to active-duty military members, veterans, and their qualifying family members. nationally it’s the next cheapest option for 19-year-olds who are still insured on their parents’ policy, and Farmers is the second-cheapest option for 19-year-olds with their own policy. travelers and amica are also worth checking out.
*amica insurance is not available in hawaii
average cost of auto insurance for 19 year olds by state
Car insurance companies can use location to determine car insurance rates. This means that if you move to a different zip code or city, your auto insurance rate could be affected. Two exceptions are Michigan, which does not allow the use of ZIP codes to determine auto insurance premiums, and California, which has limitations on how ZIP codes can be used.
how to save on car insurance for 19 year olds
There are a variety of ways a 19-year-old can save money on their policy. One of the most common ways involves taking advantage of discounts, but there are a few other strategies to consider.
drive an old car
new cars are often more expensive to replace. When driving an older car, your insurance company may not charge you as much to insure the vehicle. however, it may be worth considering how insuring an older vehicle may affect other costs, such as those associated with a higher chance of mechanical failure.
drive a safer car
Because insurance companies set rates based on risk factor, cars with added safety features tend to cost less to insure. A car with a favorable crash rating, for example, would likely give you a lower premium because you and your passengers are less likely to be seriously injured in an accident.
opt for a high deductible
If you opt for a high deductible, you’ll pay less each month for insurance. however, the trade-off is having a higher out-of-pocket payment if you have an at-fault accident. Insurance agents often recommend reviewing your budget to make sure you choose a deductible you can comfortably afford.
use-based car insurance
If you’re a full-time student, it may be worth considering a usage-based auto insurance policy. many 19-year-olds attending college live on or near campus and walk to class or take public transportation. If you only drive a few dozen miles each week, usage-based programs can help you significantly lower your premiums.
With a usage-based policy, the amount of money you pay each month depends on:
- how far you drive
- how long do you drive
- the type of car you drive
- how fast you drive
- how well you drive
- good student
- defensive driving course
- accident free
- automatic payment
- pay in full
what is the cheapest car insurance for 19 year olds?
do men pay more for car insurance than women when they are 19?
when should I cancel my parent’s car insurance policy?
what features affect my car insurance rates?
Not all providers offer usage-based auto insurance, so you may need to do some research before choosing. In addition to costs, consider third-party ratings and scores, such as those from AM Best and J.D. power.
take advantage of the discounts
There are a variety of discounts that 19-year-old drivers can generally take advantage of, some of which include:
Each company offers different discounts and has different requirements for each. Before you buy coverage from any provider, ask what discounts you can apply for and how much each would affect your monthly rate.
apply the good student discount
Most insurance companies have good discounts for students. A good student discount is usually available to young drivers who earn and maintain a minimum GPA (usually 3.0) in school, and could lower car insurance costs by hundreds of dollars. You can talk to an insurance agent who represents the company you want to verify your eligibility for the good student discount and see how much it could save you on premiums.
apply distant student discount
Many insurance companies also offer a distant student discount for young drivers who are in college without their vehicle insured. Most insurance companies allow you to apply the distant student discount if your student attends college more than 100 miles away from home.
how to get the best car insurance for a 19 year old
To get the best car insurance for a 19-year-old, it helps to take the time to research and compare because each insurance company uses different qualifying criteria to determine the cost of car insurance for drivers. Comparing auto insurance quotes from different companies will help you get an idea of the options available to you.
Consider starting with the basics to understand your state’s requirements, research the best insurance companies in your zip code, and check to see if there are any applicable discounts like good student or driver’s training to help save costs. If you’re tempted to buy only minimum coverage auto insurance to save costs, you may want to consider the long-term cost impacts. Most auto insurance experts recommend purchasing higher liability limits or even full coverage auto insurance, though it may be more expensive up front, for greater financial protection in the event of an at-fault accident.