Milvionne Chery Copeland, Writer
@milvionne_copeland
The cheapest fast cars to insure at 18 years old include the BMW X3 and the Dodge Charger. These cars provide the lowest insurance rates among the vehicles with 0-60 times under five seconds (for at least some trim levels) that were included in WalletHub's analysis of 26 of the most popular vehicles on the road.
Insurance rates for an 18-year-old driver average $2,325 per year for minimum coverage, but the type of car a driver has can play a major part in determining the insurance premium. Since fast cars are more likely to lead to accidents than slower vehicles, insurance companies consider these cars high-risk and charge a high insurance premium. However, there are some fast cars that are cheaper to insure than others.
Cheapest Fast Cars for 18-Year-Olds to Insure
- BMW X3
- Dodge Charger
- BMW 3 Series
- Ford Mustang
- Dodge Challenger
An 18-year-old can reduce their insurance costs by comparing car insurance quotes from at least three different companies. They can also decide to join their parents’ insurance policy instead of getting their own insurance. Adding a teen to an insurance policy raises rates by approximately $1,400 a year, on average. An individual policy for a teen is likely to cost a lot more than that.
To learn more, check out WalletHub’s review of the cheapest car insurance for teenage drivers.
People also ask
What are the cheapest cars to insure for teenage drivers?
The cheapest cars to insure for teenage drivers (and for drivers of all ages) are the Subaru Forester, Dodge Grand Caravan, and the Honda Odyssey. Knowing what vehicles are less expensive to insure can make a big difference on your premiums since the difference between the cheapest and most expensive cars can be as much as $1,500 per year.
Average Car Insurance Premiums for Teens:
| Age | Average Premium |
What are the cheapest cars to insure for first-time drivers?
The cheapest car to insure for a first-time driver is the Subaru Forester. Other cheap cars to insure for new drivers include the Dodge Grand Caravan and Honda Odyssey, thanks to their low repair costs, high safety ratings, and low accident rates compared to expensive, high-powered vehicles. In fact, the characteristics of these vehicles make them the cheapest options for most drivers, regardless of age and experience.
Cheapest Cars to Insure for First-Time Drivers
- Subaru...
What is the cheapest car insurance for a 17-year-old?
The cheapest car insurance for a 17-year-old is from Travelers, USAA, and GEICO. These companies charge the average 17-year-old driver as little as $1,325 per year for minimum coverage, while the average car insurance company charges 17-year-olds around $2,339 per year.
Cheapest Car Insurance Companies for 17-Year-Old Drivers
| Company | Average Monthly Rate | Average Yearly Rate |
| $110 per month | ... |
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