Candace Baker, Car Insurance Writer
@candacebaker
Car insurance for a 18-year-old is $2,325 per year for minimum coverage, on average. Eighteen-year-old drivers pay even more for full coverage, which typically includes comprehensive and collision insurance in addition to the state's minimum requirements.
Eighteen-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 18-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 18-year-old drivers are USAA, Travelers, and GEICO.
Cost of Car Insurance for a 18-Year-Old by Company
Company | Cost |
$1,253 per year | |
$1,279 per year | |
$1,428 per year | |
$1,471 per year | |
$1,528 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 18-Year-Old in the Largest States
State | Cost |
$2,205 per year | |
$2,932 per year | |
$3,930 per year | |
$5,039 per year | |
$1,996 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 18-year-old depends on a few other factors as well, including their driving record, gender, and vehicle type.
Additionally, whether a 18-year-old is buying their own policy or being added to their parents' policy makes a difference. Adding a 18-year-old to an existing policy will raise the premiums, but will likely still be a more cost-effective option than having the 18-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 $243 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 |
| $3,192 per year | |
| $2,647 per year ... |
How can I lower my teenager's 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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It costs an average of $1,461 per year to add a teenager to your car insurance policy - an increase of 173% compared to the average driver's premium. The exact amount your insurance will go up depends on many factors, including where you live, your driving history, and your credit score.
The most affordable way to cover a teen is to add them to your policy sharing the family car. Adding both a teen...
read full answer by Anamarie Waite, Car Insurance WriterDid we answer your question?
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