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Car insurance for a 16-year-old is $3,192 per year for minimum coverage, on average. Sixteen-year-old drivers pay an average of $9,160 per year for full coverage, which typically includes comprehensive and collision insurance in addition to the state’s minimum requirements.
Sixteen-year-olds pay more for car insurance than older, more experienced drivers because insurers consider them to be high-risk, meaning they’re more likely to file a claim. Because the cost of coverage for 16-year-olds is so high, it’s important to shop around for multiple quotes before buying a policy. Some of the best car insurance companies for 16-year-old drivers are Travelers, Geico, and USAA.
Cost of Car Insurance for a 16-Year-Old by Company
| Company | Cost |
| $1,372 per year | |
| $1,544 per year | |
| $1,581 per year | |
| $1,776 per year | |
| $1,780 per year |
Note: Rates are an approximation based on a driver in California with minimum coverage. Actual rates will vary.
Cost of Car Insurance for a 16-Year-Old in the Largest States
| State | Cost |
| $2,534 per year | |
| $3,930 per year | |
| $5,301 per year | |
| $5,701 per year | |
| $2,642 per year |
Note: Rates are an approximation based on a driver with minimum coverage and a clean driving record. Actual rates will vary.
The exact cost of car insurance for a 16-year-old depends on a few other factors as well, including their driving record, gender, and vehicle type.
Additionally, whether a 16-year-old is buying their own policy or being added to their parents’ policy makes a difference. Adding a 16-year-old to an existing policy will raise the premiums, but will likely still be a more cost-effective option than having the 16-year-old purchase their own policy.
To learn more, check out WalletHub’s guide to the best car insurance for teens and young drivers.
People also ask
What is the average cost of car insurance for a teenager?
The average cost of car insurance for a teenager is $215 per month, for an individual policy. Younger teens typically pay the most for car insurance coverage, with 16-year-olds paying an average of 85% more than 19-year-olds.
Average Cost of Car Insurance for Teenagers by Age
| Age | Average Annual Premium |
| $3,343 | |
| ... | $2,752 |
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