Auto Insurance

How Much is Car Insurance for a 16 Year Old?

How Much is Car Insurance for a 16 Year Old?

A common question you hear from parents of new drivers or new drivers themselves is: How much is car insurance for a 16 year oldWhy is car insurance so high for teenagers?

The truth about why is car insurance so high for teenagers depends on a number of factors.

Younger driver car insurance is expensive, let’s get that out of the way first.  Ideally, if you’re a good student, have credit that is good and can get on your parents policy and they’re in good standing you at least have a great chance to get it as cheap as possible for your age bracket.

How Much is Car Insurance for a 16 Year Old?

What happens to younger drivers is unique because you simply don’t have a record at all, be it good or bad.  As a result, the auto insurance for a 16 year old or any new driver is going to be based on actuarial statistics of what the national driving habits are for this group.  Unfortunately, the auto insurance industry keeps good industry records and for the most part, younger people take more risks and are more likely to get tickets and to be in an accident.

Your part of lowering your car insurance premiums comes when you first sit behind the wheel and committing to being a good defensive driver right from the get go.  As time passes and your record remains clear, you’ll begin building your record and at about age 24 you’ll see a drop in your car insurance premiums that will continue as your record remains clear.

How Much is Car Insurance for a 16 Year Old?

If you can’t be on your parents policy, then it’s going to pay to have you shop online with the top car insurance companies to get free quotes that will allow you to compete for the best price based on your locations on a website such as this.  At any age, comparing online quotes can equal big savings and the best part is you never have to leave your home to start saving money.  Put in your zip code at the top of the page, select the type of insurance you’re looking for and begin shopping.  It’s really that easy.

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One Response to How Much is Car Insurance for a 16 Year Old?

  1. There are plenty of factors , for example age and driving experience, which can make contributions to the price of your auto insurance premium. Further coaching – many inexperienced drivers decide to take a PassPlus course to try and rein in their premiums when starting driving.

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