Cheapest Cars For Teens To Insure

The Rising Costs of Insurance for Teens

When a teen starts to drive, one of the first anxieties that parents have is the cost of their car insurance. It’s no secret that car insurance companies aren’t the biggest fans of young drivers. So naturally, the rates for teen drivers tend to be quite high. In fact, according to the Insurance Information Institute, the average annual cost of insuring a teenage driver is $1,917. That’s more than double the average cost of insuring an adult driver, which is $792.

The reason for the large cost difference between teen drivers and adult drivers is because teens are seen as a greater risk for the insurance company. They’re inexperienced drivers, and are more likely to be involved in an accident. So the insurance companies charge more for coverage to offset the potential costs of an accident.

Finding The Cheapest Car For Teens To Insure

Fortunately, there are a few ways you can save on car insurance when you’re a teen driver. One of the best ways is to find the cheapest car to insure. Every car has a different insurance rating based on a variety of factors, and some cars are cheaper to insure than others.

So, which cars are the cheapest to insure for teen drivers? Here’s a list of 10 of the cheapest cars to insure for teen drivers.

The Top 10 Cheapest Cars To Insure For Teen Drivers

Honda Odyssey
Ford Fusion SE
Hyundai Sonata
Kia Optima
Toyota Corolla
Honda Civic
Subaru Outback
Nissan Altima
Honda Fit
Toyota Prius

These cars are all relatively safe and affordable, so they should be relatively cheap to insure for a teen driver. Of course, there are other factors that go into determining your insurance rate, such as your age, driving record, and where you live. But if you’re looking for the cheapest possible car to insure for your teen driver, these are some great options.

The Benefits of an Older Car for Teen Drivers

Another great way to save on car insurance for teen drivers is to buy an older car. Older cars are usually cheaper to insure, because they’re considered less of a risk. They’re less likely to be stolen, and they’re less likely to be involved in an accident. Plus, they don’t cost as much to repair or replace if they’re damaged.

The downside of an older car is that it might not be as safe as a newer model. But if you’re looking for a car for your teen driver that’s both safe and cheap to insure, an older car is a great option.

Final Thoughts

Car insurance is often one of the biggest expenses for teen drivers, but it doesn’t have to be. By finding the cheapest car to insure, you can save hundreds of dollars a year on car insurance. And if you’re willing to buy an older car, you can save even more. So if you’re looking for a way to save on car insurance for your teen driver, these tips should help.