Cheap Car Insurance For 18 Year Old Boy

Car insurance for a 18 year old driver is nearly 5 190 on average for a year of full coverage on their own policy.

Cheap car insurance for 18 year old boy.

Why is car insurance so expensive for 18 year old drivers. Average insurance cost for 17 to 24 year old. Things get easier with a no claims bonus under your belt. Each insurance company uses different calculations to decide what you pay for coverage.

Newly licensed drivers are expensive to insure. In terms of car insurance the burden of high rates still remains present but the monthly premium is not so staggering. That means the price for the exact same policy can differ significantly among insurers. 1 181 lowest premium for a 17 year old.

Using insurance costs as a proxy for risk and safety we examined 125 cars for a sample 18 year old driver living in pennsylvania to see which types of cars insurers saw as least risky and safest. Our study found a wide range of insurance costs in the sample with the mazda mx 5 miata as the cheapest car to insure subaru outback was the second. Unfortunately for teenage males they have among the highest car insurance rates. Cheap car insurance for an 18 year old.

Becoming a licensed driver can seem overwhelming. That s more than 3 430 over the national average 1 758 for drivers age 30. Cheap car insurance for an 18 year old turning 18 is a significant milestone in a person s life as they exit high school and the legal thresholds of being a minor become nonexistent. Passing your driving test and getting on the road is high on the list of most 18 year olds agenda in the uk.

Comparison shopping is one of the easiest ways to save on car insurance. And in terms of car insurance premiums don t get much more expensive than they do for 17 and 18 year olds. Car insurance for drivers aged 17 doesn t come cheap with some young motorists paying well into four figures for their annual premium. Unfortunately getting on the road at 18 is expensive with driving lessons theory tests and practical tests racking up the costs even before insurance has been factored in.

Unfortunately for the thousands of careful sensible young drivers on uk roads the facts paint a bleak picture. Comparing car insurance quotes. The auto insurance industry assigns a level of risk to drivers based on a number of factors such as age gender location and background. Buying a car and getting it insured is a lot of responsibility if you re over 18 a licensed driver and have the funds available to purchase a vehicle and insurance coverage you re definitely free and clear to do so.

Drivers age 16 to 19 are a third more likely to die in a crash than drivers age 40 49 according to the department for transport.