Delaney Simchuk, Car Insurance Writer
@delaney_simchuk
The best car insurance for 16-year-olds is from Geico, Progressive, and Travelers. These car insurance companies offer competitive rates, receive good customer reviews, and have discounts that 16-year-old drivers may be eligible for.
Best Car Insurance Companies for 16-Year-Olds
| Company | Annual Premium | WalletHub Editor Rating |
| $1,544 per year | 4.5/5 | |
| $1,780 per year | 4.3/5 | |
| $1,372 per year | 3.8/5 | |
| [ct-CA-Auto-owners-p15-annual] | 3.6/5 | |
| $1,803 per year | 3.4/5 | |
| $1,581 per year | 3.3/5 | |
| $2,608 per year | 3.2/5 | |
| $2,349 per year | 3.2/5 | |
| $2,408 per year | 3.1/5 | |
| $2,588 per year | 2.8/5 |
Note: Rates are an approximation based on a 16-year-old driver in California with minimum coverage and a good driving record. Actual rates will vary.
The average cost of car insurance for a 16-year-old is $2,534 per year. However, car insurance rates are determined by many more factors than just age, including ZIP code, driving history, and your state’s minimum coverage requirements.
To find the best car insurance for a 16-year-old driver, you should compare quotes from at least three companies, like the ones listed above, to make sure you are getting the best rate possible. You should also read company reviews and look for discounts that you may be eligible for.
To learn more, check out WalletHub’s picks for the best car insurance companies overall.
People also ask
What is the cheapest car insurance for a 16-year-old?
The cheapest car insurance for a 16-year-old is from Travelers, USAA, and Grange. These companies charge 16-year-old drivers an average of $1,774 per year, which is 60% less than the average premium for a 16-year-old overall.
Cheapest Car Insurance for a 16-Year-Old
- Travelers: $1,440 per year
- USAA: $1,934 per year
- Grange: $1,947 per year (not available in every state)
- Progressive: $1,979 per year
- Mercury: $1,999 per year (not...
How much is full coverage car insurance for 16-year-olds?
A full coverage car insurance policy for a 16-year-old is about $9,160 per year, on average. In comparison, an auto insurance policy with the state-minimum level of coverage costs about $3,192 per year for a 16-year-old.
Car Insurance Premiums for 16-Year-Olds
| Age | Full Coverage | Minimum Coverage |
| 16 years old | $9,160 per year | $3,192 per year |
| ... | $1,679 per year | $815 per year |
Why is my car insurance so high?
Common reasons for high car insurance costs include your driving record, age, coverage options, where you live, the car you drive, your credit history or not taking advantage of discounts. The average car insurance premium has also become more expensive as it increased by more than 50% in the past 10 years.
8 Reasons Why Your Car Insurance Is So Expensive
1. You Have a Poor Driving Record
Your driving record is probably...
read full answerDid we answer your question?