Car Insurance For 18 Year Old Cost

For 18 year olds women pay 6 797 per year on average while men pay 7 561. At 18 a male driver may have slightly lower costs than a 16 year old.

New Abi Data Shows Age Is A Factor In Cost Of Car Insurance

For example the rocky mountain insurance information association cited an insurance quote based on a male and female teenager driving a 2003 honda.

Car insurance for 18 year old cost. The average cost of car insurance for 18 year old females is generally cheaper than that for 18 year old males. That s for a policy of her own that includes comprehensive and collision coverage with liability limits of 100 300 100. Teen female drivers age 18 pay about 830 less than males their age.

Young drivers are considered high risk to insurance companies and the expensive car insurance rates for an 18 year old reflect that level of risk. While 18 is a significant point in any person s life in terms of. This trend is similar for drivers of similar ages with men paying about 10 more than women for a given age.

Car insurance premiums are generally higher for younger drivers. For example a fully comprehensive car insurance policy costs on average 1 028 for people aged 17 to 19 however the older you get the lower the premiums go. The average cost for insurance for an 18 year old female is 4 772.

Car insurance cost for an 18 year old female. However teenage males will pay higher premiums than females. The cost of car insurance for an 18 year old isn t all that much different from getting car insurance for a teenager of any age.

It can cost an 18 year old 426 per month for car insurance. How much does car insurance cost for 18 year olds.

How Much Is Car Insurance For 18 Year Old