21+ Average Cost To Add 16 Year Old Boy To Auto Insurance

The average annual rate quoted for a teen driver is 2267. The cost of auto insurance for a 16-year-old is much higher than that of an older driver.

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Adding a teenager to car insurance policy is less expensive than putting them on their own policy.

Average cost to add 16 year old boy to auto insurance. The cost of auto insurance for girls is slightly lesser than the boys 16-years-old. We found that the average cost to insure a 16-year-old is 813 per month for full coverage based on our analysis of thousands of rates across nine states. In fact some states dont allow insurance companies to use gender as a metric for determining car insurance rates.

The average car insurance for 16 year old USA male and females will differ according to the city country and other considerable factors. 53 rijen The top five states where adding a 16-year-old male increases auto insurance. Below you can compare average annual rates for 16-year-olds 17-year-olds and 18-year-olds.

This average includes all liability coverage levels Compare that to an average cost increase of 621 for adding a teen to the parents policy that means youll pay 365 percent more by putting the teen on his or her own policy. You can avail yourself with 5 to 25 discount on your policy if your young driver does well in high school or college. That is the main reason why do 16 year olds pay more for car insurance.

It turns out that the price of insurance has shot up over the past 25 years. As drivers age the difference between genders auto insurance rates becomes less significant. On average 16-year-old boys pay 63 more per month compared to girls.

Try doubling trebling or even quadrupling that figure and it will give you an idea of how much it can cost to insure teenagers for a car. Rates not only depend on age but the company you choose. Average insurance costs for a 16-year-old male can range from a few hundred bucks to over 1000 annually.

The average rate to add a 16-year-old driver to your policy is 315month 3775year but. Car insurance cost for 16 year old female drivers could be much lower as compared to male drivers but still premiums will be significantly higher in comparison to low risk and experienced drivers. The increase in premiums when getting car insurance for a 16-year-old male or female will vary by insurance company.

Insurance for a 16-year-old no matter their gender is expensive. The average rates for full coverage insurance for a 16-year-old driver is 6930. Teens are considered to be at high risk for filing a claim.

Unfortunately this statistic means that insurance companies will charge you more for your auto insurance policy than adults or young female drivers. But as a parent you can explore some ways to reduce costs on teens auto insurance coverage. Car insurance for young drivers is expensive as youll see in the table below but you can still save by putting the teen on your policy rather than getting him or her their own coverage and by garnering all the.

The idea of being able to insure a teenager. While the cheapest average cost we found for adding a 16-year-old to a family policy is 3146 it costs an average of 5318 for an individual policy for the same-age driver. The risk is highest with 16-year-olds who have a crash rate twice as high as 18- and 19-year-olds.

Cheapest Companies for a 16-Year-Olds Individual Policy. Just by adding a 16-year-old to a family policy you can save an average of 2172 annually. On average 16-year-old male drivers pay 300 more per six-month policy period for insurance than do their female counterparts.

Other Factors Affecting Cost In addition to those two factors the cost of your auto insurance policy for an. Behind the latest initiatives the rate of the accidents made by the 16-years-old girls is lesser than 16-year-old boys. That risk is reflected in the average car insurance rates for teenagers.

A survey of three of the largest insurers found that both boys and girls who just received their licenses can expect to pay an.

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