Car insurance for teenagers is incredibly costly, but there are smart ways to save a lot of money. Buying car insurance for 17-year-olds can be hard to understand and sometimes more expensive than you thought at the start. Therefore, in this article, we will deal with the average cost of how much you can get for 17-year-old car insurance, even as a boy.
Car Insurance For 17-Year-Old
17-year-old drivers often have more driving experience than their 16-year-old peers but insurance companies still regard them as novices on the road. Compared to other age groups, the average auto insurance prices for 17-year-old teen drivers reflect this lack of experience as well as their higher-than-average accident frequency.Â
How Much Is Insurance For 17-Year-Olds?
Full-coverage vehicle insurance for a teenager who is 17 years old costs an average of $2,250 per year when added to their parent’s policy. A year’s worth of full coverage car insurance in the United States costs $1,674. When a juvenile is 17 years old, he or she cannot buy a policy on his or her own; therefore, this premium indicates the difference in cost between the teen and his or her parent’s insurance. This estimate is for a vehicle used by the whole family and does not include the cost of insuring a vehicle purchased expressly for your 17-year-old.
Insurers charge more to cover young drivers because of their inexperience and propensity for mishaps.
How to get car insurance for a 17-year-old
As a parent, adding a 17-year-old driver to your policy is usually just a matter of calling your insurance company or updating your policy on the web. This is the cheapest way to ensure these drivers, but it may still raise their premiums a lot.
Can a 17-year-old get their own car insurance?
More than half the states let teenagers own and insurance their own cars when they’re 17 years old. In many states, a parent must give their permission before a minor can register his or her car. This is called a certificate of consent or permission. Sometimes, 17-year-olds can’t get insurance unless their parent’s sign for them.
Why is car insurance so expensive for 17-year-olds?
This is because young drivers are statistically more likely to get into a car accident, they are more of a risk to insurance companies, which makes them more expensive to insure. In some ways, this is unfair, but 17-year-old drivers might find some comfort in the fact that older, less-experienced drivers pay more for car insurance as well.
Average Insurance For 17-Year-Old
17-year-old automobile insurance costs are almost the same. Additionally, gender plays a role in the cost of automobile insurance. Males pay more for auto insurance because they are more likely to engage in risky driving habits, such as speeding and not wearing seat belts, while driving. As a result, men of all ages are paid greater premiums simply because they are considered a higher risk.
Car Insurance For 17-Year-Old Boy
Securing coverage and discounts customized to the needs of new drivers under the age of 25 is critical. On the basis of our study, we recommend the following firms as possible options for 17-year-old auto insurance:
#1. Allstate
If we were to rank our top insurance providers for young people under 25, we’d have to say that Allstate’s average rate for 17-year-olds is the highest. Drivewise can save you money while teaching your teen safe driving practices and keeping tabs on their habits. Students who are well-informed about the subject matter may potentially be eligible for a discount. The teenSMART safety program is maybe the most enticing of them all. Teen drivers are the primary target audience for this program, and it targets the driving habits that are responsible for most teen crashes. Participants in the program pay a charge, but Allstate consumers pay a lower fee.
#2. Erie
Erie’s teen driver insurance rates are competitive, and the company offers a wide range of coverage options and discounts that are specific to this demographic. With Erie’s Rate Lock option, policyholders are able to lock in their rates, only seeing a rate increase if they make specific policy alterations, such as changing their address or adding a vehicle. All states where Erie provides auto insurance, with the exception of North Carolina, provide a discount to unmarried drivers under the age of 21 who reside at home with their parents. Because Erie is only offered in 12 states and the District of Columbia, it may be beyond of reach for many motorists.
#3. Nationwide
Nationwide is a good option for 17-year-old drivers because of the variety of coverage options and discounts that are offered. After your first at-fault accident, Nationwide offers special coverage alternatives including accident forgiveness, which helps you avoid rate increases. An additional benefit is a discount on the premium for full-time high school; and college students aged 16 to 24 who maintain an overall grade point average of B or higher.
#4. State Farm.
This can be a suitable choice for teenagers whose parents prefer to have all of their insurance plans in one location. State Farm’s Steer Clear safe driving program, which monitors the driving patterns of young drivers; may be able to help teenagers save money on their insurance premiums. This company has a higher-than-average overall complaint index rating from the National Association of Insurance Commissioners (NAIC); which means that NAIC receives more policyholder complaints about State Farm than the average.
How to save on car insurance when insuring a 17-year-old boy?
Though it can be scary to think about how much it costs to insure a young driver; there are many ways to save money. Most insurance companies offer discounts for students; to help you pay for the price rise you’ll likely see when you add your 17-year-old driver to your policy.
#1. Good students discounts
Most insurance companies give discounts to students who get good grades in school, so they can save money. Every car insurance company has its own set of rules, so be sure to check with your provider to see if your 17-year-old driver meets them. There are a lot of big companies that offer good student discounts, like Allstate, Geico, and Nationwide to name a few.
#2. Mileage tracking discounts
People who drive less than a certain number of miles a year often get lower insurance rates from their providers. This can be a great way to cut insurance costs for teenagers who only drive to and from school. There may also be pay-per-mile telematics programs that track your teen’s mileage; change your premium based on how many miles your teen has driven.
#3. Discounts for safe driving
One of the easiest ways to cut your car insurance costs is to keep a clean driving record. Many insurance companies give a discount to drivers who haven’t had accidents or traffic violations for a certain number of years. This number varies by company. Some insurance companies will give you a discount; if you use a mobile app or plug-in device to keep track of your driving habits. These programs are called usage-based insurance programs.
How do I get the best car insurance for a 17-year-old boy?
To ensure a teen driver, you have to pay more money. This is because they are seen as riskier. If you get quotes from several companies, teach your teen safe driving habits, and take advantage of available discounts, you may be able to find a policy that works for you and your family.
FAQ
Can my parents help me get cheaper car insurance?
YES. As a parent, adding a 17-year-old driver to your policy is usually just a matter of calling your insurance company or updating your policy on the web. This is the cheapest way to ensure these drivers, but it may still raise their premiums a lot.
