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How much is car insurance for a 16-year-old?

Insurance is a way of shielding from financial loss. It can be termed as risk management form used to hedge against contingent risk or uncertain loss. Thus, for 16-year-olds, car insurance is a mandate and it is important to make right choices. Selecting insurance coverage after determining the right automobile may be overwhelming. Getting insurance is an entity that provides insurance and it may be an insurance carrier or company. Thus, it is necessary to know the insurance cost and saving time.

Why Do 16-Year-Olds Pay More for Car Insurance?

The car insurance cost may be determined for one person but is tough to do so. The variables rate change drastically and the insurance carrier takes into account the state you live in, qualified discounts and whether or not a teen owns a vehicle. Getting a 16-year old behind wheels may increase the insurance numbers to nearly $200 a month.

The simplest way is to contact your insurance agent or your insurance carriers some customer service representative to quote the insurance cost. Same as your Childs age, gender also affects the insurance premium. Statistically, a male young driver may receive a citation more times or cause an accident more in comparison to a female young driver is strongly believed.

As such, they are expensive to insure. On an average, the males’ in16-year-old pays $295 more on insurance for a 6-month policy period than their female counterparts. However, a point worth considering is that with the age, men and women difference becomes less significant and some states do not use gender to determine car insurance rates. For instance, if Male is charged $2700, a female is charged $2400.

Car insurance for a 16-year-old female


StateTeen policy rateParents' policyParents' policy with teen added
Alabama $4,820 $1,217 $3,077
Alaska $3,969 $1,188 $2,998
Arizona $4,363 $1,009 $2,654
Arkansas $4,861 $1,277 $2,881
California $5,514 $1,461 $4,173
Colorado $5,129 $1,095 $2,480
Connecticut $10,001 $1,597 $4,403
Delaware $8,285 $1,538 $3,749
District of Columbia $7,071 $1,628 $3,085
Florida $5,490 $1,463 $3,328
Georgia $4,347 $1,210 $2,899
Hawaii $1,373 $1,104 $1,121
Idaho $3,527 $822 $2,300
Illinois $4,360 $990 $2,709
Indiana $5,186 $950 $2,201
Iowa $3,591 $939 $2,279
Kansas $4,602 $1,141 $2,454
Kentucky $6,109 $1,177 $2,630
Louisiana $7,604 $1,645 $4,546
Maine $3,544 $758 $1,749
Maryland $4,311 $1,260 $2,991
Massachusetts $4,805 $1,469 $3,228
Michigan $10,625 $2,297 $5,172
Minnesota $4,622 $1,270 $2,409
Mississippi $5,118 $1,218 $2,740
Missouri $4,037 $1,039 $2,098
Montana $5,355 $1,321 $2,935
Nebraska $3,702 $1,035 $2,211
Nevada $5,505 $1,113 $2,463
New Hampshire $3,561 $865 $2,152
New Jersey $6,428 $1,348 $3,808
New Mexico $4,751 $1,125 $2,299
New York $4,493 $1,336 $2,940
North Carolina $2,948 $836 $2,408
North Dakota $4,477 $1,365 $2,306
Ohio $4,035 $763 $1,627
Oklahoma

$6,327

$1,405 $2,774
Oregon $6,268 $1,110 $2,422
Pennsylvania $4,569 $1,252 $3,046
Rhode Island $6,228 $2,117 $4,653
South Carolina $4,584 $1,055 $2,435
South Dakota $4,402 $1,080 $2,057
Tennessee $5,795 $1,256 $2,640
Texas $5,441 $1,416 $3,186
Utah $4,712 $935 $1,994
Vermont $3,290 $900 $2,032
Virginia $3,683 $849 $2,072
Washington $4,288 $1,075 $2,459
West Virginia $4,323 $1,534 $3,485
Wisconsin $5,497 $863 $1,992
Wyoming $4,133 $1,237 $2,875


Car insurance for a 16-year-old male


StateTeen policy rateParents' policyParents' policy with teen added
Alabama $6,021 $1,217 $3,966
Alaska $4,779 $1,188 $3,771
Arizona $5,309 $1,009 $3,313
Arkansas $5,527 $1,277 $3,238
California $6,890 $1,461 $5,633
Colorado $5,840 $1,095 $2,849
Connecticut $12,522 $1,597 $5,431
Delaware $10,943 $1,538 $4,562
District of Columbia $8,715 $1,628 $3,969
Florida $6,355 $1,463 $4,370
Georgia $5,657 $1,210 $3,626
Hawaii $1,373 $1,104 $1,121
Idaho $4,369 $822 $2,867
Illinois $5,280 $990 $3,352
Indiana $6,350 $950 $2,598
Iowa $4,324 $939 $2,689
Kansas $5,380 $1,141 $2,873
Kentucky $6,982 $1,177 $3,575
Louisiana $9,133 $1,645 $5,340
Maine $4,474 $758 $2,135
Maryland $5,306 $1,260 $3,846
Massachusetts $4,805 $1,469 $3,228
Michigan $10,740 $2,297 $5,274
Minnesota $5,822 $1,270 $2,999
Mississippi $5,751 $1,218 $3,120
Missouri $4,869 $1,039 $2,713
Montana $5,282 $1,321 $2,935
Nebraska $4,523 $1,035 $2,842
Nevada $6,366 $1,113 $2,838
New Hampshire $4,646 $865 $2,748
New Jersey $7,365 $1,348 $4,377
New Mexico $5,483 $1,125 $2,633
New York $5,644 $1,336 $3,699
North Carolina $2,948 $836 $2,408
North Dakota $6,039 $1,365 $3,211
Ohio $4,628 $763 $1,887
Oklahoma $7,502 $1,405 $3,238
Oregon $6,930 $1,110 $2,731
Pennsylvania $4,569 $1,252 $3,046
Rhode Island $7,596 $2,117 $6,848
South Carolina $5,439 $1,055 $2,913
South Dakota $5,362 $1,080 $2,462
Tennessee $6,940 $1,256 $3,122
Texas $6,537 $1,416 $3,882
Utah $5,483 $935 $2,336
Vermont $4,196 $900 $2,544
Virginia $4,500 $849 $2,504
Washington $4,860 $1,075 $2,813
West Virginia $5,274 $1,534 $4,342
Wisconsin $6,758 $863 $2,378
Wyoming $5,130 $1,237 $3,475

Adding a teen to parents' policy

Speaking of young driver’s car insurance, most parents take it easier and have a common approach of adding their teen to their insurance policy. This works out to be cheaper. The premiums are based on many factors such as the policyholder driving record and experience. Now a 16-year old is new to driving and it means he has no experience and driving record and so the rates are higher. In fact, a 16-year old is not eligible for any reductions that their parents may qualify and this includes multi-policy, multi-vehicle and loyalty discounts.

Adding a 16-year driver to your existing policy means there will be the hike in your insurance rates. Definitely, a teenage boy is an expensive addition, even in comparison to the teenage girl.

Despite the cost of insuring a teen, it is best to compare the costs and find ways to save money. Each insurer uses a different calculating method and the prices vary significantly for the same policy many times.

Car insurance discounts for 16-year-olds

Saving money on car insurance is a must, whether you are a teen or a parent.

Parents

Parents, you cannot save money by taking for your teen a separate policy. Instead, it may cost more to get a separate insurance policy than adding to your own policy.

A few ways to get car insurance discounts by adding your 16-year-olds to your policy:

  • Get the discount from the same company for insuring multiple vehicles.
  • Ask for the discount by considering high safety rating vehicles.
  • Increase the deductible and pay lower premiums. Make sure you pay the deductible. Also, determine if you want a comprehensive or collision coverage.
  • Consider pay-as-you-go or usage-based insurance so that a device is installed to monitor driving. This gives parents a chance to see the driving habits of their child and also financial rewards for good driving.

Teens

16-year-old Teens, you are grown-up and so can help your parents by saving on car insurance. The young drivers have to pay high rates, yet there are ways to trim the insurance costs and it is through the discounts that may vary by insurer and state. This includes:

  • Driver education: A driver education course must be completed by the 16-year-old. However, if it is not required under the state law as a licensing process integral part, you may enjoy a discount of 5 percent.
  • Good student: Drivers maintaining a 3.0 or “B” average is considered good students. This is not any myth and nowadays insurance carriers also use many statistics and rating factors to determine the students are responsible behind the wheel to enjoy a discount of up to 15 percent.
  • Parent-teen driving contract: Teens signing a contract with their parents is beneficial as it outlines rules to adhere to while driving. For instance, limited hours and the numbers of passengers may give up to 5 percent discount.

FAQ for 16 year old drivers

Can a 16-year-old own and insure a car?

A 16-year-old can insure a car, yet as they are minor, a guardian or a parent is required to sign the teen policy. Generally, one can obtain on their own insurance policy on being an adult attaining 18 years of age.

Do you need insurance to drive a learner’s permit?

Teens having learner's permits do not need their own insurance; however, the laws of the state may differ, so check with your insurance agent for exact details. A novice driver should be insured. Usually, the vehicle owners policy (maybe the guardian or parent accompanying the teen while learning) is considered enough. However, parents should add their teens to their policies as the teens are licensed.

Having learners permit means you must have some auto insurance coverage type if you wish to drive a car. The insurance policy is just a safety measure and it does not follow the driver or the car.

Do you need insurance to get a license?

If you are driving, you will find there are most states requiring you to enjoy minimum liability insurance. But a 16-year-old gets his first license only to show the car he will be driving is covered already by its owner's insurance policy.

Not owning a car does not mean you do not require car insurance. Any licensed driver needs car insurance. Getting behind a wheel alone is not enough, driving someone else’s car means, coverage for liability is essential in the form of insurance.

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