Car insurance for a 19-year-old male costs an average of $1,504 per year for a minimum coverage policy. Many 19-year-old males tend to pay more for car insurance than middle-aged drivers because they do not have as much driving experience and may be more likely to take risks.
Average Cost of Car Insurance for a 19-Year-Old Male vs. Other Ages
$184 per month
$2,205 per year
$125 per month
$1,504 per year
$116 per month
$1,391 per year
$99 per month
$1,185 per year
$92 per month
$1,103 per year
Note: Premiums are representative of good drivers in California with minimum coverage policies; individual premiums will vary.
How 19-Year-Old Male Drivers Can Get Cheap Rates
Compare quotes often. Comparing quotes from several insurers is the best way to make sure you are getting the best rates possible.
Take advantage of discounts. Insurance companies offer discounts for things like paying your policy in full up front or having safety features such as automatic seatbelts. These discounts can add up to a lot of savings each month, so don’t be afraid to ask what discounts you may qualify for when shopping for a policy.
Focus on maintaining safe driving habits. Safe drivers pay significantly less than drivers with a history of accidents or moving violations. By building safe driving habits, and maintaining them consistently, you can save a lot of money on your car insurance.
Car insurance costs $60 per month, on average, for a minimum coverage policy, although individual rates might vary. Full coverage car insurance is more expensive because it also pays to repair or replace your car after it is damaged by a crash or something other than an accident, like vandalism.
The cost of car insurance varies by person, since insurers take individual risk factors into account when calculating premiums. For instance, insurance companies consider factors like the policyholder’s age and driving record, as well as their ZIP code and the covered vehicle’s make and model. As a result, the average monthly cost of car insurance will depend on the driver, the car, the location, and the amount of coverage purchased.
The average cost of car insurance by age and state ranges from $23 per month for 45-year-olds in Wyoming to $609 per month for 16-year-olds in New York. Monthly car insurance costs vary so widely based on a driver’s age and state because age reflects driving experience and states require different levels of coverage. State-to-state car insurance costs also vary based on population density, crime rates, and how many uninsured drivers there are.… read full answer
Average Monthly Cost of Car Insurance by Age and State
In general, young drivers pay more for car insurance than older, more experienced drivers because young drivers are more likely to take risks—making them more expensive to insure. To learn more, check out WalletHub’s guide to the factors that affect car insurance rates.
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.… read full answer
8 Reasons Why Your Car Insurance Is So Expensive
1. You Have a Poor Driving Record
Your driving record is probably the most important factor in determining your car insurance rates. If your record is poor, with accidents and driving violations, and you have a history of claims, your rates will be high. You will also pay more than average if you’re bad with credit, young (especially young and male), or unmarried.
2. Your Vehicle Is Expensive to Insure
Insurance companies like safe, boring cars that nobody wants to steal for joy-riding or parts. If you choose to drive something large, fast, luxurious, statistically unsafe on the road, or popular with thieves, you will pay more.
3. You Live in a High-Risk Location
Where you live has a large impact on your premiums. Some areas of the country have much higher insurance costs than others. A number of factors go into this, such as the history of accidents in the area, population density, the number of uninsured drivers, crime statistics, bad weather patterns, etc. Also, if you live far from work and have a long daily commute, the high annual mileage could raise your rate.
4. You Have High Coverage Amounts
If your coverage limits are high and your deductibles are low, you will be happy if you need to make a claim, but not as happy when you’re paying your premiums. If the insurance company risks having to pay out more in the future, you will have to pay more now.
5. You Are Not Taking Advantage of Discounts
Insurers offer a very wide variety of discounts. Valued customer discounts offer savings for things like loyalty, multiple cars and policies, and paying online. Driver discounts may apply if you are a good driver, good student, belong to a certain profession or organization, are married, or more. Your car may also qualify for a discount if it has equipment that makes it safer to drive or harder to steal. Discounts are available to nearly everyone, and you may qualify for some that you aren’t getting credit for yet.
6. You Are Too Young or Too Old
Teens are statistically more likely to cause car accidents than the average driver, so insurance companies charge them the highest premiums. Drivers who get their license at 16 years old usually see their premiums decrease with every year of experience, however, and age 25 is generally considered a turning point when premiums become considerably lower.
Experienced drivers in their 40s and 50s are often the cheapest to insure. But rates begin to rise again after age 65.
7. You Have a Low Insurance Score
Every major insurance company uses a credit-based insurance score to calculate premiums where allowed by law. Like credit scores, insurance scores are based on credit report information, only they are used to predict a driver’s likelihood of filing a claim. The rationale is that individuals who are careful with their money tend to be careful drivers, too.
However, insurance scores are controversial, so they are banned in Massachusetts, Hawaii, and California. Most other states also have restrictions on their use, which can be found on the state insurance regulator’s website.
8. Costs Increasing Overall
Record-setting natural disasters, more phone-related car accidents, high rates of insurance fraud, and expensive-to-repair car technology have all increased costs for insurance companies. As a result, insurers have been raising their prices to cover their expenses.
From 2010 to 2019, the average cost of car insurance increased by more than 50%. Prices have gone up every year. This steady rise in insurance costs has outstripped other consumer costs. Even skyrocketing hospital costs lag slightly behind car insurance.
Overall Cost Increases from 2010 to 2019
Car Insurance: 52.2%
Hospital Services: 49.1%
Cost of Living: 17.2%
Physician’s Fees: 15.7%
You can’t reverse this industry-wide inflation. But if you want to lower your own insurance costs, address as many of your personal factors as you can. Then get quotes from multiple insurance companies and compare.
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