While it’s possible to find cheap car insurance for 17-year-olds, you’ll need to shop around and compare quotes if your driver is buying insurance for the first time. Or, you may need to change insurers if they already have a policy. There are many things that impact rates for 17 year olds, including the fact that young drivers have an increased risk of accidents. Find out how to get cheap car insurance for 17 year olds and which companies have the lowest premiums.
Factors Influencing Cost
The cost of auto insurance for teens depends on various factors. Here are some of the things insurance companies often look at when calculating teen driver rates.
Location
Your state, city and zip code will impact your car insurance premium. Location-specific factors such as accident rates, number of uninsured drivers, population density, weather hazards, and vehicle theft rates can all contribute to your teen’s personalized premium.
Gender
In most states, auto insurance companies use gender as a pricing factor for auto insurance. Men tend to pay higher car insurance premiums than women. If you buy car insurance for your 17 year old son, the rates may be slightly higher than a woman with the same profile and the same car.
Age
Age is used as a rating factor for auto insurance for teens and adults. But because young drivers have recently obtained their licenses and have little driving experience, insurers generally charge higher premiums for 17-year-olds. However, a driver’s rates tend to decrease with age.
Driving record
As part of the car insurance application process, the insurance company will review your teen’s driving record. If your 17-year-old has been in an accident or received a speeding ticket, it could increase his car insurance premium.
Vehicle type
If your teen owns their own vehicle, the make and model will likely affect the cost of their policy. Factors that can affect premiums include the cost of car repairs, car safety and the likelihood of theft.
Claims history
Young drivers who have made claims in the past, such as an at-fault accident, may pay higher car insurance premiums in the future.
Types of coverage
All teenage drivers are required to carry a minimum amount of auto insurance, according to state laws. If you want your child to have coverage beyond what is required (collision, comprehensive, roadside assistance or accident forgiveness, for example), their premium will increase.
Coverage limits
Similar to coverage types, your teen’s coverage limits will also affect their rate. For example, if you purchase higher liability coverage limits than legally required, the premium will increase. You can usually adjust the coverage limits, which means you may be able to lower them to reduce a teen driver’s premium.
Discounts
Most auto insurance companies offer discounts that can help your teen get a lower rate. Some insurers offer savings to teenagers who get good grades in school. You can also find discounts for insuring multiple vehicles (like your car and your teen’s car) on the same policy.
How to find cheap car insurance for a 17 year old
Auto insurance for teens tends to be quite expensive. But if you’re wondering how to get cheap insurance for 17 year olds, there are a few steps you need to follow.
Compare car insurance quotes on Insurify.
Search insurance companies
Before you start getting quotes for your teen, spend some time researching insurance companies. Review coverage options, discounts, third-party ratings, and customer reviews. Check to see if any insurers in your area offer special discounts or programs for teen drivers or additional benefits that your current insurer does not offer.
Request quotes
Once you’ve found a few insurance companies that meet your teen’s needs, request a quote. You will need to provide information about your teen and their vehicle (if they have their own car). Be sure to get quotes for the same types and amounts of coverage for consistency. You should also get a quote from your current insurance company.
Compare rates
Take the quotes you received and compare them side by side. See which company can offer your teen the lowest rate for the coverage they want.
Consider switching insurers
If your current insurance company hasn’t provided the lowest quote, it might be beneficial to switch insurers. However, you should check with your insurance company if they charge cancellation fees in the middle of the insurance period.
Add your teenager to your policy
If your current insurer can offer the lowest rate, add your teen as an alternate driver on your existing policy. If you wish to change insurers, inform your current insurance company of your intention to change, then take out your new policy. It’s a good idea to set your old policy’s end date to a day or two after the start of the new policy to avoid a lapse in coverage.
In general, it’s less expensive to add your teen to your policy than to buy them their own separate policy.
Cheap car insurance quotes for 17 year olds
Getting affordable auto insurance for teens often involves shopping around and comparing rates from a few different companies. Here are some quotes from well-known car insurance companies:
To collect these rates, we used the typical profile of a 17-year-old female driver living in Tulsa, Oklahoma, with a 2016 Toyota Camry LE driven 12,000 miles per year. The sample driver is a full-time high school student who has not had a recent accident or violation. Rates include the following types and limits of coverage:
- $25,000 bodily injury liability insurance per person
- $50,000 bodily injury liability coverage per accident
- $25,000 for accidental property damage liability insurance
- $25,000 for uninsured motorist liability insurance per person
- $50,000 for uninsured motorist liability insurance per accident
- Collision insurance with a deductible of $500
- Full insurance with a $500 deductible
It’s important to compare car insurance quotes for 17 year olds because premiums differ from insurer to insurer, even for the same types of coverage and coverage limits. You may need quotes from multiple insurers to find the cheapest policy for your situation.
Don’t just focus on cost, though. Choose an insurance company that offers an affordable premium but also offers the types of coverage you want, good discounts, and solid third-party ratings.
We tried to get quotes from USAA, Liberty Mutual, and Allstate, but none of the three provided online quotes for the age, location, and vehicle information we have. provided.
How to save money on car insurance for 17 year olds
Comparing quotes is an effective way to find cheap car insurance for 17-year-olds. However, there are other ways to save money. Here are some suggestions for getting the lowest car insurance rate for 17-year-old drivers.
Look for student discounts
Many auto insurance companies offer discounts to high school students who get good grades in school. These discounts may also apply to students. You might also be able to save money if your teen attends school away from home and doesn’t have a car with them.
Sign up for a Safe Driver rewards program
Some of the larger car insurance companies, like State Farm and Progressive, offer reward programs for safe drivers. These programs use a mobile app or plug-in device to track your teen’s driving habits, such as acceleration and braking force. If they regularly drive safely, they could qualify for a discount.
Get a mileage-based policy
If your teen doesn’t drive often, a mileage-based insurance policy might be a cheaper option. With a pay-per-mile policy, you only pay for the distance you drive each month. Most policies charge a flat rate plus a small fee for each mile driven.
FAQs
How to get cheap car insurance for a 17 year old?
Car insurance rates for 17 year olds can be expensive, but there are ways to get a lower premium. Comparing quotes, finding great student discounts, and enrolling in a safe driver rewards program are some of the ways 17-year-olds can save money on car insurance.
How to make car insurance cheaper for 17 year olds?
Start by shopping around and comparing multiple quotes. You can research insurers that offer multiple discounts, choose lower coverage limits and higher deductibles, and pay the annual premium in full to keep costs down.
Why is auto insurance so expensive for teens?
Car insurance rates for teenagers are often expensive due to their lack of driving experience. Teenage drivers have recently obtained their licenses and have higher accident rates than older drivers. Because insurance losses are statistically more likely, auto insurance companies typically charge more for coverage.