How Much Is Car Insurance For A 17 Year Old Monthly?

Introduction

When you’re 17, you’re probably too young to remember the days when car insurance was actually affordable. Nowadays, it’s getting harder and harder for 17-year-olds to find an affordable car insurance policy. But with a bit of research and some careful shopping around, it’s still possible to find good insurance coverage at a reasonable price. In this article, we’ll take a look at how much car insurance for a 17-year-old typically costs, and what you can do to reduce your premiums.

Average Costs for 17-Year-Old Car Insurance

The average cost for car insurance for a 17-year-old is about $5,600 per year, or about $467 per month. This is for full coverage, which includes liability, comprehensive and collision coverage.

However, these costs can vary greatly depending on several factors, such as the type of car you drive, your driving record and the state you live in. A 17-year-old driving a brand-new, expensive sports car may pay much more than a 17-year-old driving an older, more affordable vehicle.

Additionally, some states have higher insurance rates than others. For example, the average cost of car insurance for a 17-year-old in California is about $7,000 per year, or about $583 per month, while in Maine the average rate is about $4,000 per year, or about $333 per month.

How to Lower Your Insurance Costs

There are several ways to lower your insurance premiums when you’re a 17-year-old. One of the best ways is to maintain a clean driving record. Insurance companies will reward you for being a responsible driver, so if you can avoid getting tickets or being involved in accidents, you’ll likely see a decrease in your rates.

Another way to lower your rates is to shop around and compare rates from different insurance companies. While it may seem like a lot of work, it’s worth taking the time to compare rates, as you could end up saving hundreds of dollars per year in premiums.

You can also take steps to make your car more secure. Adding an anti-theft device or installing a tracking device may help to lower your rates. Additionally, if you’re willing to pay a higher deductible, you may be able to get a lower rate as well.

Finally, if you’re a student, you may be able to get a discount on your insurance by maintaining good grades. Many insurance companies offer discounts for students who maintain a “B” average or better.

Conclusion

Car insurance for a 17-year-old can be expensive, but there are ways to reduce your premiums. By maintaining a clean driving record, shopping around for the best rates, taking steps to make your car more secure and taking advantage of student discounts, you can save money on your car insurance. So don’t be discouraged by the high prices – with a bit of research, you can find an affordable policy that will provide you with the coverage you need.