The Average Car Insurance Cost Per Month For 18 Year Old

The Cost of Car Insurance for 18 Year Olds

Car insurance for 18 year olds can be expensive, but it doesn’t have to be. Shopping around for car insurance can help you find the best deal. There are a few factors that can affect the cost of car insurance for 18 year olds. The amount of coverage you need, your driving record, and the type of car you drive all play a role in determining the cost of your car insurance.

Factors That Affect the Cost of Car Insurance for 18 Year Olds

The main factor that affects the cost of car insurance for 18 year olds is the amount of coverage you need. Most states require drivers to carry at least the minimum amount of coverage, and more coverage will cost more. The type of car you drive can also affect the cost of car insurance for 18 year olds. Cars with higher safety ratings, such as SUVs, will cost less to insure than sports cars.

Your driving record is also an important factor in determining the cost of car insurance for 18 year olds. Drivers with good driving records can expect to pay lower rates than those with poor driving records. Additionally, if you take a defensive driving course, you may be eligible for discounts on your car insurance.

Average Cost of Car Insurance for 18 Year Olds

The average cost of car insurance for 18 year olds is around $1,500 per year. This amount can vary widely depending on the factors mentioned above. Drivers with good driving records can expect to pay less, while those with poor driving records can expect to pay more. Additionally, drivers who choose higher levels of coverage can expect to pay more than those who choose the minimum required coverage.

Where to Find the Best Deals on Car Insurance for 18 Year Olds

Shopping around for car insurance is the best way to find the best deals for 18 year olds. Compare rates from different insurance companies to find the best deal. Additionally, you can ask for discounts from your insurance company, such as for completing a defensive driving course.

Tips for Saving Money on Car Insurance for 18 Year Olds

When shopping for car insurance for 18 year olds, there are a few tips to keep in mind to help save money. First, you should compare rates from different insurance companies. Additionally, you may be eligible for discounts if you have a good driving record or take a defensive driving course. You should also consider increasing your deductible to lower your premiums. Finally, you should consider bundling your car insurance with other types of insurance, such as home or renter’s insurance, to get a better rate.

In Summary

Car insurance for 18 year olds can be expensive, but it doesn’t have to be. Shopping around for car insurance and taking advantage of discounts can help you find the best deal. The average cost of car insurance for 18 year olds is around $1,500 per year, but this amount can vary depending on your coverage, driving record, and the type of car you drive. Compare rates from different insurance companies to find the best deals, and consider increasing your deductible and bundling your insurance to save money.