Which Car Is Cheapest To Insure For A 17 Year Old?

Introduction

Getting a car for your 17-year-old can be an exciting and daunting experience. Not only are there a plethora of factors to consider, but also the cost of insurance. Many of us have heard the horror stories of sky-high premiums associated with insuring young drivers. Thankfully, there are some cars that can be surprisingly affordable to insure.

Do Your Research

As with any purchase, it is important to do your research. Different insurance companies can have vastly different rates for the same car. The best way to find the best rate is to shop around. There are a number of websites that can make comparing rates easier. You should also look into any discounts you may be eligible for. Many companies offer discounts for good grades or for taking a defensive driving course.

The Cheapest Cars to Insure for 17-Year-Olds

The cost of insurance for a 17-year-old can vary greatly depending on the car. Generally speaking, cars with smaller engines and those with safety features tend to be cheaper to insure. Smaller cars also tend to be cheaper to repair, which can translate into lower premiums. Some of the cheapest cars to insure for 17-year-olds include the Toyota Corolla, Honda Civic, Hyundai Elantra, Kia Soul, and Subaru Forester.

The Cost of Insurance

The cost of insurance for a 17-year-old can be surprisingly high. A new driver can expect to pay anywhere from a few hundred dollars to a few thousand dollars per year in insurance premiums. However, the cost can vary greatly depending on the make and model of the car, the driver’s driving record, and other factors. The best way to find the best rate is to shop around and compare quotes.

Considerations

In addition to the cost of insurance, there are a number of other factors to consider when purchasing a car for a 17-year-old. It is important to consider the safety features of the car, its fuel economy, and its maintenance costs. It is also important to consider the resale value of the car. While a car may seem like a good deal now, it may not be as valuable when it is time to sell it.

Conclusion

When purchasing a car for a 17-year-old, it is important to consider the cost of insurance. While the cost of insurance can be high, there are some cars that can be surprisingly affordable to insure. It is important to do your research and compare quotes in order to find the best rate. It is also important to consider a car's safety features, fuel economy, maintenance costs, and resale value.