The most affordable way for young drivers to get coverage is to share a policy with their parents. Geico is generally the cheapest car insurance provider in Arizona and offers many benefits for drivers. USAA, Progressive, State Farm and Travelers also typically offer affordable insurance rates in Arizona and offer drivers multiple coverage options. Adding a teen driver to your car insurance can be a shocking experience.
Because they have little or no driving experience and, as a group, are prone to higher-risk driving, insurance rates for teen drivers are higher than those in any other category. However, just because insurance prices for teens are high doesn't mean that there isn't cheap car insurance for an 18-year-old. There are several strategies parents can use to reduce the cost of insurance for their newly licensed drivers. Adding a teen to a family policy is one way to save a significant amount of money on insurance premiums.
Since insurance companies often offer discounts for having several cars in one policy and for bundling policies, an 18-year-old who joins a family insurance policy benefits from all those discounts. There are lots of ways to save money on insurance for an 18-year-old driver. As mentioned above, adding your teen to your family policy offers significant savings compared to having an individual policy. However, this isn't the only way to save money on insurance for teen drivers.
Comparing quotes from several car insurance companies is one of the most effective ways to save money on auto insurance. Getting multiple quotes will help you find the lowest rates available for an 18-year-old driver. Our studies show price differences of up to 40% between the cheapest and the most expensive policies for teenagers. Some auto insurance discounts only apply to teenage drivers.
For example, most insurance companies offer good discounts for students. GEICO offers this discount to students who have a B average or higher. Even so, each company has its own standards, so it's essential to check with your insurer to determine exactly what the requirements are to get the discount for good students. Another common discount offered by many insurance companies is the “Away At School” discount.
This discount could apply if your 18-year-old child is going to college at least 100 miles from home and leaves his car. If they take their car to school, the discount does not apply. Car insurance for 18-year-old drivers is expensive because insurance companies use their driving record to determine their insurance rates. If you have no driving experience, they automatically assume that you will file a claim.
Insurers also do a lot of research on statistical groups, and years of records indicate that teenage drivers are more likely to be reckless behind the wheel than drivers in other age groups. Rating drivers based on these factors may seem unclear, but the number of crashes, injuries, and other fatal accidents doesn't lie. According to the table below, drivers aged 16 and 17 were involved in 3.75 fatal crashes for every 100 million miles traveled. The figures show that drivers aged 18 and 19 were only involved in 2.47 fatal crashes, while drivers aged 20 and 21 were involved in 2.15 fatal crashes.
Driving becomes safer as you age and have more driving experience. Some states have much lower rates for teens. Sometimes this is because the legislature doesn't allow insurance companies to rate customers based on age. Other times, it's because the population of an area is much smaller, reducing the likelihood that a driver of any age will have an accident.
Hawaii and Iowa are the states with the lowest rates for 18-year-old drivers. USAA is the cheapest car insurance company to add an 18-year-old to an auto insurance policy among the companies we evaluate. Car insurance is expensive for 18-year-olds because teen drivers are more likely to have accidents. The following series of tables shows the cheapest car insurance for young adult drivers in Arizona, along with the estimated monthly and annual costs.
To get the best car insurance, you don't have to sacrifice coverage, especially since teen drivers tend to have accidents or have other claims. He likes to translate the complexities of insurance into easy-to-understand tips and advice to help consumers make the best decisions for their needs. The insurer is distinguished by its comparison tool, which makes it easy for motorists to buy and compare car insurance quotes. Drivers in Arizona can find cheap car insurance “no deposit” or “no down payment”, but what it really means is that you only have to pay the first month's premium to get coverage.
However, it's worth asking your insurance agent to see what discounts your teen driver could receive to reduce their costs. Aside from that, the best way to reduce your car insurance costs is to compare the rates of at least three insurance companies. Comparing car insurance quotes from several companies is the most effective way to find the best cheap car insurance for teens. Car insurance is a necessary expense if you drive, but trying to find the cheapest rates can be a slow process.
Arizona insurers typically offer discounts that fall into one of three categories: policy discounts, driver discounts, and vehicle discounts. The biggest drawback of paying for car insurance on a monthly basis is that it's almost always more expensive than paying for the full six or 12 months of coverage up front. If the damage to your vehicle was caused by something other than a collision, such as a natural disaster, acts of vandalism, falling objects or animals, it will most likely be covered by comprehensive insurance. For nearly two decades, it has been helping consumers learn how insurance laws, data, trends and coverage affect them.
Teen drivers who have no driving experience in Arizona can expect to pay thousands of dollars more for car insurance than other age groups. .