What deos an average american teenager pays for car insurance?

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Asked August 1, 2011

1 Answer


It would be virtually impossible to estimate the cost of car insurance for a teen driver without having far more information available. For example, the make and model of the car will have an affect on the rates, and so will whether you are insuring a teen boy or girl. Teens from inner cities and high crime zones will pay more than otherwise identical teens living in a suburban atmosphere. The only thing that can be approximated is that your teens will pay more for insurance than any other age group, and that they will continue to do so until they are 25 years old.

Teen drivers can expect their insurance policy to cost anywhere from around $1600 to as much as $3000. The cost is typcially far less than $300 a month, but it could actually rise above that if the teen has a number of points on their license, drives and expensive sports car, and has never taken a defensive driving course.

To keep the cost of teen insurance down, consider paying for the car in cash to avoid the need for GAP insurance and collision coverage. Buy a car with 4 doors, because a sedan is considered safer to drive than a sports car, and that means lower premiums. Finally, if the teen is still in school they can take advantage of insurance discounts offered to students who maintain a 3.0 or higher grade average.

In generally, expect an insurance policy for a teen driver to run about $2000 a year and count yourself as fortunate if you can keep it below that. For insurance companies, teen drivers are the second highest risk group, second only to persons who have gotten one or more DUI convictions.

Answered August 1, 2011 by Anonymous

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