Car Insurance for 17-Year-Olds

A Complete Guide to Car Insurance for 17-Year-Olds

High-risk claims, accidents, and dangerous driving practices are the factors involved in categorizing teen drivers as risk clients by auto insurance companies. They charge higher premium rates, making car insurance rates higher for a 17-year-old customer.

Here we help you make an informed choice about the insurance company to opt for based on discounts, your location, gender, type of car, and hacks to save money on your insurance.

Companies Offering Cheap Car Insurance for 17-Year-Olds

The average amount paid by a 17-year-old driver for their insurance would be $5401 for full coverage and $2212 for minimum coverage. Here is a list of companies with their average insurance premium rates for 17-year-olds present in most states.

USSA is also a prominent insurance company present in almost all the states. But only active military members, veterans, and their families are covered by USAA.

State Wise Auto Insurance for 17-Year-Olds

Apart from age and the type of vehicle, the location of the teen driver also plays a major role in the varying insurance premium rates. The restrictions placed by the state and the population density of the place play a major role in governing the insurance rates. Louisiana, Texas, Delaware, Michigan, Rhode Island, and Newyork are among the most expensive states for 17-year-old drivers.

Here is a state-wise average insurance rate for full and minimum coverage.

Gender-Based Insurance Rates for 17-Year-Olds

Gender too plays a major role in insurance rates. A male 17-year-old pays $160 and $660 extra on average than a female driver belonging to the same age group on minimal and full coverage, respectively.

Reasons for High Insurance Rates for 17-year Olds

Inexperience, absence of credit history, and the statistics prove that the accident rate among 17-year-olds is higher. The risk involved, gender, location, and car type influence the increased insurance rates.

The other reasons that place them under the high-risk category include their unlikeliness to wear seat belts, inclination toward speeding, and driving during the weekends.

Hacks to Save On Car Insurance for a 17-Year-Old

• Add them to your family policy: Adding the freshly inducted teen driver to your existing auto insurance policy is a practical way to reduce the insurance rates.
• Give up your collision coverage: This is advisable if your car isn’t worth much,if it is old or not financed.
• Maintain a clean driving record: This can help you claim the safe driver discounts that can be availed if one stays away from distracted driving, reckless driving, and accidents.
• Claim the discounts:Good student discounts and defensive driver discounts are the other two available discounts across insurance companies for 17-year-olds. Submitting proof of having a grade point of more than 3.0 or taking a professional driving course on highway safety and defensive driving can aid in these discounts. These discounts can help you save around $354 and $228 for male and female drivers.
• Avoid luxury cars for your teens: It is always advisable to use a sedan over a luxurious sports car as the latter tend to have higher insurance rates.
• Increase your deductible: Since statistics prove that teens are prone to accidents, increasing your deductibles will reduce your annual premium.
• Delaying the license: Though this might be unwelcoming to the enthusiastic young drivers, delaying the license for a year can show a commendable decrease in your auto insurance premium rates.

Average Policy Rates of Parents with Teens Added

Cheapest Vehicles for Auto Insurance for 17-Year-Olds

Purchasing a low-cost car doesn’t ensure a lower auto insurance rate. Still, if your vehicle includes a number of safety measures like anti-lock brakes, adaptive cruise control, lane drift protection, and an alarm system, to name a few, it will lower your average cost.

Driving Laws for 17-Year-Olds

Graduated Driver Laws are applicable to drivers under the age of 18. These include rules by states that restrict the drivers to the place and their drive time. The GDL laws vary with state, and it typically includes:

• Limiting driving hours to daytime.
• Requiring the presence of an older passenger in the car.
• Not permitting the presence of passengers below a certain age in the vehicle.
• Using cell phones while driving is prohibited.
• School and work would be the destinations they are allowed to drive to.

There can be no such thing as a one-size-fits-all auto insurance company. The finest vehicle insurance company will provide you with the coverage you require, will maintain a high level of customer satisfaction, and will give discounts to help keep costs affordable. By requesting quotes from multiple insurers, you can restrict your search for the finest auto insurance provider to meet your home and insurance needs.

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