However, the cost of insuring a 17-year-old varies widely depending on the. Younger teens tend to pay more for car insurance coverage, and 16-year-olds pay an average of 85% more than 19-year-olds. In these states, 17-year-old men pay the same amount for car insurance as 17-year-old women with the same rate requirements. With a multi-policy discount, you can save money on your car insurance premiums by combining insurance policies, such as homeowners or renters insurance, with the same provider.
This is often the best car insurance for a 17-year-old driver, because young drivers are more likely to cause car accidents than almost any other population. Keep reading to learn how to get the best car insurance for 17-year-olds, how much it costs, and how to get the cheapest policy. One of the best ways to reduce the cost of car insurance for teens is to add them to an existing policy instead of having them buy their own policy. Insurance companies charge high rates to teens of any age, because teens are considered to be among the riskiest drivers to be insured.
In states where gender is a viable factor in determining car insurance rates for 17-year-olds, there is a difference in what premiums are paid. The most affordable car insurance for a 17-year-old will be a plan with the minimum amount of liability coverage required in their state. Searching for insurance quotes is a great way to get the best deals on car insurance for your 17-year-old child. Auto insurance providers also offer discounts that are not based on merit, such as discounts for multiple policies or for multiple cars.
The prices reflect the average of the minimum and full coverage auto insurance rates quoted by each company. While car insurance is often expensive for teens, there are still ways to reduce the cost of covering a young driver. Teenage girls have lower accident rates than their male peers, and this translates to lower car insurance rates. Adding a teen to an existing car insurance policy can be significantly cheaper than having a teen get their own policy.
The most affordable way to get car insurance for a teen is to add the teen to a more experienced driver's policy, such as that of a parent or guardian.
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