Best Cheap Car Insurance For 21 Year Olds (2022 Guide)

discover cheap car insurance Being 21 can be tough. Younger drivers are more risky for insurers, so monthly and annual premiums tend to be higher. This article is ranked by the Home Media Review team. best car insurance Here’s how to get a good price for 21 year olds.

According to Google’s estimated fees, the average 21-year-old pays $2,786 per year Also $232/month for full coverage auto insurance. That’s about 56% higher than the average 35-year-old driver of $1,785 a year or about $149 a month. Auto insurance premiums for a 21-year-old are usually much higher than for an older driver.

Factors affecting car insurance premiums for 21-year-olds

Auto insurance premiums for 21-year-old drivers are based on several factors, including driving history, location, and credit score. Gender also influences premium calculations, especially in her teens and young adults. Young men, for example, have a disproportionately higher accident rate and therefore pay higher insurance premiums than young women. However, some states do not allow insurance companies to use gender in calculating premiums.

Why are 21-year-old car insurance premiums so high?

A 21-year-old driver has less driving experience and is more likely to be involved in an accident than an older driver. Auto insurance companies compensate for these risk factors by charging higher rates for this age group.

According to the AAA Foundation for Road Safety, drivers between the ages of 20 and 24: 74% more likely They are more likely to be in an accident than drivers in their 30s in 2015. Below is the accident rate for each age group.

High-risk drivers pay higher fees on average, and young drivers usually fall into this category. Here’s how the average cost by age correlates with the crash data above.

The cheapest car insurance for 21-year-olds is USAA, with an average premium of $134/monthHowever, USAA is only available to military personnel, veterans, and their immediate family members. Geico is the cheapest company available to 21-year-old drivers, with an average rate of $154/monthOther affordable companies include Auto Owners Insurance, Erie Insurance and Nationwide.

The best car insurance for a 21-year-old isn’t always the cheapest, but it definitely helps. Below you can see how the 11 popular providers ranked. car insurance premium For 21 year olds.

*Auto insurance quotes are full coverage Includes $50,000 for personal injury per person, $100,000 for personal injury per incident, $50,000 for property damage per incident, and $500 deductible for Collision Compensation and Comprehensive Coverage policy.

Cheapest car insurance for 21 year olds by state

Location is one of the factors that influences how much you pay for auto insurance, and rates can vary greatly from state to state. Below are the cheapest car insurance companies in each state with full coverage for 21 year olds. According to our estimates, USAA and Geico are the cheapest providers in many states.

Top 10 cheapest states for 21-year-olds

The national average for a 21-year-old is $232 a month, but drivers in some states earn much less. For example, North Carolina premiums average $129 a month for this age group.

Top 10 most expensive states for 21 year olds

Due to population density and insurance regulations, some states set the age of 21 much higher than others. Michigan, Connecticut, and Massachusetts top the list.

The top 5 best auto insurance for 21-year-olds are Geico, USAA, State Farm, Nationwide, and Auto-Owners Insurance. When comparing auto insurance companies, our team considers cost, reputation, coverage, availability and customer experience. We found these companies to be affordable for young adult drivers on average.

*Overall rating applies to standard driving profile and ranking order applies to drivers aged 21.

#1: Geiko

Geico is our overall top pick for the best auto insurance for 21-year-olds. The company’s auto insurance rate for his 21-year-old is about 34% lower than the market average for this age group. Geico also offers a 15% student discount and up to a 22% discount for those who drive 5 years accident-free.

The company has existed since 1936, A+ rating From the Better Business Bureau (BBB).

Click here for details Geico insurance review.

#2: USAA

USAA offers the cheapest car insurance for 21-year-olds on average, with prices about 42% below the market average. However, we wouldn’t call it the best car insurance for a 21-year-old because it’s not available to everyone. You can only qualify if you are in the military, are a veteran, or have a parent who is a member of her USAA.

USAA is known not only for its low rates for 21-year-olds, but also for its reliable customer service. The company A+ rating Taken from BBB, it scored the highest in almost every region of the country. JD Power 2022 U.S. Auto Insurance Survey^℠.

Click here for details USAA insurance review.

#3: State Farm

State Farm is a national provider of affordable auto insurance premiums for 21-year-old drivers. Our estimates show that the state farm average price is about 17% lower than the national average for this age group.

State Farm also offers discounts for young drivers, including a generous elite student discount of up to 25% to maintain a B average.Young drivers can save money too with State Farm’s Steer Clear^® program, an app-based driving course for drivers under the age of 25.

Click here for details State Farm Insurance Review.

#4: Nationwide

On average, 21-year-old drivers save about 23% on Nationwide compared to the national average. One of the unique things about Nationwide is that he offers two of his services based on usage. Telematics insurance option.smart ride^® can offer discounts of up to 40% based on personal driving habits by tracking acceleration, braking, night driving and more. Another option, SmartMiles^®,teeth Pay Per Mile Insurance A program that helps save money for those who drive less.

Nationwide has a strong reputation in the industry, A+ financial strength rating AM Best and A+ rating from BBB.

Click here for details Nationwide insurance review.

#5: Auto owner insurance

An affordable auto insurance company for 21-year-olds is Auto Owners. According to our estimates, 21-year-old car owners pay about 26% less than the national average. The company offers great student discounts of up to 20% and discounts for students who leave school and leave their cars at home. However, Auto-Owners are only available in her 26 states.

Thankfully, age isn’t the only thing that determines car insurance premiums. Here are a few things you can do to find the best car insurance rates for your 21-year-old. Think about your coverage levels and deductibles, compare providers, maintain a clean driving record, and find discounts. .

Choose the right coverage

To save money, you can reduce the amount covered by options such as comprehensive and collision insuranceYou can also give up full coverage and get only the minimum level of coverage for personal injury liability and property damage liability. However, if you are responsible for the accident, make sure you can handle the costs not covered by the minimum coverage.

Choose the appropriate deductible amount

You can pay less by increasing your deductible. But make sure you can afford the deductible.

Compare providers

One of the easiest ways to get a better rate is to compare companies. We recommend that you compare rates at each auto insurance renewal. The cheapest company for teenage drivers may not necessarily be the cheapest for drivers in their early twenties, so it’s a good idea to check rates as you get older.

Keep a clean driving history

Getting a speeding ticket or getting into an accident are surefire ways to get a higher fee, and 21-year-old drivers are already paying above average fees. A clean driving history keeps your fees as low as possible.

Find the best car insurance discounts

Not all companies offer the same discounts or the same discounts on similar discounts. In our picks for the best auto insurance for 21-year-olds above, you’ll see that State Farm, Geico, and Auto-Owners offer a variety of discounts for good students.

Compare quotes online to find the right discount for your situation. We can also work with your insurance agent to ensure you find all applicable discounts.

When shopping, pay attention to the following types: car insurance discount:

• safe driver
• drive course
• usage-based program
• new car
• Added safety features
• good student
• college student away at school
• Bundle of insurance policies

Another way the 21-year-old driver can save money is by continuing his parents’ insurance. This is usually only possible if the young driver has the same permanent address as his parents.

This article outlines the cheapest car insurance rates for 21-year-olds and breaks down the costs by state. Our top five auto insurance recommendations for 21-year-old drivers are Geico, USAA, State Farm, Nationwide, and Auto-Owners Insurance.Even with our top picks in mind, we recommend the following Compare car insurance quotes Find the best option from multiple companies.

Best car insurance for 21 year olds: FAQ

Below are some frequently asked questions about the best car insurance for 21 year olds.

our methodology

Consumers trust us to provide objective and accurate information, which is why we have created a comprehensive rating system to create a ranking of the best auto insurance companies. We collected data from dozens of auto insurance companies and rated the companies on various ranking factors. The final result is an overall rating for each provider, with the insurer with the most points at the top of the list.

The factors that our rating takes into account are:

• Cost (30% of total score): Both auto insurance rate estimates and discount opportunities generated by Quadrant Information Services were considered.
• Coverage (30% of total score): Companies that offer a variety of options for insurance coverage are more likely to meet consumer needs.
• Reputation (15% of total score): Our research team considered market share, ratings from industry experts, and years in business in giving this score.
• Availability (10% of total score): Auto insurance companies with more availability in the state and few eligibility requirements scored the highest in this category.
• Customer Experience (15% of total score): This score is based on the volume of complaints reported by the NAIC and customer satisfaction ratings reported by JD Power. We also looked at the responsiveness, friendliness, and helpfulness of each insurer’s customer service team, based on our own shopper analysis.

*Data is at the time of publication.