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Car insurance for a 20-year-old costs an average of $1,569 per year for minimum coverage. Twenty-year-old drivers 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.
The exact cost of car insurance for a 20-year-old depends on a few factors, including their driving record, gender, location, vehicle, and car insurance company. Some of the best insurance companies for 20-year-old drivers are USAA, Geico and AAA.
Cost of Car Insurance for a 20-Year-Old by Company
| Company | Cost |
| $899 per year | |
| $930 per year | |
| $938 per year | |
| $975 per year | |
| $1,030 per year |
Note: Rates are an approximation based on a driver in California with minimum coverage. Actual rates will vary.
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 |
How can I lower my teenagers car insurance?
The best way to lower your teenager’s car insurance rate is to add them to your existing insurance policy if they currently have their own and then look for discounts to further lower the cost. Other notable ways to lower the cost of teenage car insurance include reducing your teen’s coverage and getting multiple quotes.
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