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The cheapest car insurance for new drivers under 21 years old is from Travelers ($1,194 per year, on average), USAA ($1,211 per year) and GEICO ($1,270 per year), according to WalletHub’s quote analysis. Car insurance for new drivers under the age of 21 is expensive since they are considered high risk. This is because young drivers are more likely to cause accidents and commit other violations than older, more experienced drivers.
Compare Cheap Car Insurance for New Drivers Under 21 Years Old
| Company | Annual Premium |
| $1,194 | |
| $1,211 | |
| $1,270 | |
| $1,421 | |
| Mercury | $1,468 |
Note: These prices are for individual policies.
Adding a young driver to an existing policy is much less expensive than getting an individual policy, so young drivers living at home or at college should join their parents’ insurance, if possible. Young drivers should also take advantage of the discounts that insurance companies offer to those who can show they’re responsible on and off the road.
Discounts to Make Car Insurance Cheaper for New Drivers Under 21
- Good student discounts
- Defensive driving discounts
- Drivers ed discounts
- Affinity discounts
- Resident student discounts
Keep in mind that the best way to find the cheapest car insurance is to shop around and compare quotes from several companies.
People also ask
What is the best car insurance for new drivers under 25?
The best car insurance for new drivers under 25 years old is from companies like Allstate, GEICO, Progressive, and Safeco. They are among the cheapest car insurance companies for drivers of all ages, both under 25 and older, according to WalletHub’s Cheap Car Insurance Report. These companies provide a variety of coverage choices at affordable prices, along with numerous discounts applicable to drivers under 25.
Best Car Insurance For New Drivers Under 25
read full answer by WalletHub, Financial CompanyHow can I get cheap car insurance at 18?
The best way to get cheap car insurance at 18 is to get added to a parent’s car insurance policy. It costs about half as much to add an 18-year-old to a parent’s policy than it does to open a new policy for the teen, on average. Young drivers in this situation benefit from insurance premiums calculated based on their parents’ age and driving history, in addition to their own.
How to Get Cheap Car Insurance at...
read full answer by WalletHub, Financial CompanyWhy is Progressive so cheap?
Progressive is so cheap because it offers a wide variety of discounts and gives consumers tools to acheive the best rates possible, such as Progressive's price comparison tool and their Name Your Price program. A minimum coverage policy from Progressive costs an average of $86 per month, and Progressive premiums can be made even cheaper by taking advantage of discounts such as continuous insurance discount and paperless discount. Plus, Progressive rewards customer loyalty with discounts...
read full answer by McKayla Girardin, Car Insurance WriterDid we answer your question?
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