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How Much Is Car Insurance For A 17-Year-Old? – A Complete Guide

car insurance for 17 year old pay monthly

After an adolescent driver has driven for a year, the insurance cost for teenagers starts to decrease. But, how much is car insurance for a 17-year-old? In contrast to younger drivers, car insurance costs are still high for 17-year-olds. The typical annual cost of full coverage for a 17-year-old driver on their policy is $6,272, or $523 per month.

The national average for rates for drivers 40 years old is $1,682, which is over $4,500 greater than this rate.Teenage drivers present a greater risk to insurers. Thus they must pay higher rates for auto insurance. In actuality, youths aged 16 to 19 had the highest probability of being involved in a car accident.

Teen drivers aged 16 to 19 are also nearly three times more likely to be in a fatal collision per mile traveled. Thankfully, there are certain things you can do to lower the price of auto insurance for your new driver.

How Much Is Car Insurance For A 17-Year-Old Per Month?

Adding a youngster to an existing auto insurance plan is typically less expensive than getting them their coverage. But be prepared for price shock if you decide to cover your young driver under their coverage.

On average, a 17-year-old female driver’s annual auto insurance costs $4,859.73. Our findings show that a typical male driver of the same age will pay $5,503.09 annually. The costs for your child’s coverage could be significantly higher depending on your insurance.

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USAA offers the cheapest auto insurance for drivers under the age of 17. Average annual salaries of $3,055.20 for women and $3,308.73 for men. An average annual premium for a female driver at 17 is $7,753.78; for a male driver, it is $8,504.98.

Average Car Insurance Cost For A 17-Year-Old

In addition to age, firms consider gender when calculating auto insurance prices. Men typically pay more for auto insurance because they are more inclined to drive recklessly. Firms charge males more since insurers see males carrying a bigger risk.

You will find out the average yearly full coverage premium for 17-year-olds in the table below, along with the average premium.

Average Annual Full-Coverage PremiumAverage Annual Minimum Coverage Premium
17-Year-Old$3,580$1,189
National Average$1,668$521
Average Premium Increase$1,912$668
The rate represents the total average yearly premium for a 17-year-old driver added to a policy held by a couple.

These prices apply to safe drivers with a spotless driving record. And insurers do not consider these rates in traffic infractions or incidents when the motorist was at fault. Typically, drivers with such occurrences on their MVR will pay more for auto insurance.

So, we’ve given a detailed answer to how much is car insurance for a 17-year-old! However, your car’s make, model, annual mileage, and claim history affect the car insurance cost.

How Much Is Car Insurance For A 17-Year-Old Female?

A 17-year-old female driver may pay more or less for auto insurance. Location, driving record, and policy type can all significantly impact. Try to include your teen on a parent’s insurance coverage for the most affordable rates.

You should budget between $1,000 and $10,000 every year. But, how much is car insurance for a 17-year-old exactly? And how can you save money? Adding a teen to your current coverage is typically less expensive than purchasing separate insurance for the young driver.

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When seeking to add a teen, some insurance providers will increase the rates for everyone on the policy. Therefore, getting the entire family on the same insurance, albeit different, can still be less expensive. You can benefit from some reductions if you continue to cover your teen under your insurance (i.e., a multi-vehicle discount).

Average Car Insurance Cost For 17 Year Old Female By State

StatePer AnnumPer Month
Ohio$2,638$220
Virginia$2,922$244
North Carolina$2,878$240
Maine$3,134$261
Hawaii$3,076$256
California$5,190$433
Florida$6,622$552
Michigan$7,218$602
Texas$4,266$356
Minnesota$3,982$332
Illinois$3,658$305
Pennsylvania$3,812$318

How Much Is Insurance For A 17-Year-Old Male?

A 17-year-old pays $425 monthly & $5,100 annually for car insurance. Depending on where you live in the U.S., car insurance costs can range from $2,966 to $8,118.

Male drivers, particularly young drivers, typically pay more for auto insurance. Simply put, this is because boys who are 17 tend to drive more recklessly and have more accidents. The insurance companies charge a higher premium because they anticipate paying out for the accident of a 17-year-old boy.

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The table below shows car insurance costs for a 17-year-old male annually and monthly. You can see the list below to find some states with insurance rates.

Average Car Insurance Cost For 17-Year-Old Male By State

StatePer AnnumPer Month
Ohio$2,966$247
Virginia$3,288$274
North Carolina$3,234$270
Maine$3,524$294
Hawaii$3,458$288
California$5,836$486
Florida$7,444$620
Michigan$8,118$677
Texas$4,800$400
Minnesota$4,476$373
Illinois$4,112$343
Pennsylvania$4,286$357

5 Cheapest Car Insurance Companies For 17-Year-Olds

Teenage drivers can benefit from selecting a carrier with discounts and coverage options tailored to their needs. As a result of comparing their typical premiums, the scope of coverage, discounts, and third-party ratings, we selected these companies.

Although, teen insurance rates are still higher than those of other age groups. To keep your prices low, selecting a firm with low average rates might help a lot. However, how will you know how much is car insurance for a 17-year-old? The answer to this question depends on rating factors that affect the premium.

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Vehicle types, limitations, and deductibles will influence your premiums, as will the policy types you choose. Additionally, 17-year-old drivers often pay lesser premiums if they exhibit safe driving practices. You’ll likely pay more for auto insurance if your child has had a ticket or accident in their first year of driving.

CAR Insurance CompanyAverage Annual Full Coverage PremiumAverage Annual Minimum Coverage Premium
Nationwide$2,150$878
USAA$2,404$733
Auto-Owners$2,586$842
Erie$2,592$905
Geico$2,629$797

1. Nationwide

One of the top insurance providers for 17-year-old drivers is Nationwide due to its coverage options. A unique feature of Nationwide’s vehicle coverage is accident forgiveness. Having your first accident when you were at fault helps prevent premium increases.

Additionally, discounts are available for high school and college students who maintain grades of at least a “B.” Nationwide has a good J.D. Power less-than-average claims satisfaction rating.

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2. USAA

USAA offers a good student discount that reduces auto insurance rates for students. Drivers between the ages of 16 and 25 pay over 80% extra for their car insurance. Companies charge inexperienced drivers high insurance rates, so discounts help them.

Firms pose teenagers and students as high-risk drivers. According to statistics, there are more accidents when a driver lacks experience. Fortunately, USAA will provide discounts if you maintain a high-grade point average.

Suppose you’re thinking about getting car insurance for your 17-year-old! You must think, how much is car insurance for a 17-year-old? Although a 17-year-old poses a higher risk, USAA still provides a great deal and many discounts you can steal.

3. Auto-Owners

Extended coverage, considerable savings, and outstanding customer satisfaction are all reasons to choose Auto-Owners. To help you save money on your auto insurance, Auto-Owners place a high priority on customization.

Motorcycles, motorhomes, recreational vehicles (R.V.s), boats, trailers, and ATVs are among the many automobiles that Auto-Owners insure. Other insurance options include homeowner’s, pet, flood, and life insurance.

Auto-Owners offers a variety of discounts on auto insurance, reducing your premium overall. With Auto-Owners, students with a cumulative “B” grade can save up to 20% on their insurance policies. A student who attends a school over 100 miles away might save money by leaving their car behind.

4. Erie

Erie offers affordable prices, wide coverage options, and discounts for teen drivers. For instance, the carrier takes care of a roadside emergency with its roadside and rental bundle.

Additionally, only those who change their residence or add a car will see a change with Erie’s Rate Lock feature. Erie also offers a reduction for 17-Year-Old living with their parents. However, AM Best has rated the company’s financial strength as A+.

5. Geico

How much is car insurance for a 17-year-old by Geico? Geico offers a 17-year-old one of the more reasonable insurance options. Geico offers college or high school students insurance with affordable premiums and a range of fantastic discounts.

By switching to GEICO, students might save $100, $150, or even $200 on an auto insurance policy. Benefits of GEICO student auto insurance policies include the following:

  • Discounts, such as a respectable student discount
  • Award-winning GEICO mobile app that is simple to use

You can get a good student discount when you maintain a “B” average or higher. If it has been five years since your last collision, you may qualify for a good driver discount.

5 Ways For 17-Year-Old Teens Save Money On Car Insurance?

Car insurance premiums for 17-year-old drivers are quite high. There are ways to reduce your monthly price. Adding young drivers to a family plan may save you approximately $500 a year, regardless of the plan.

Below, we’ll discuss how you can save money on car insurance. Therefore, consider these factors before you buy car insurance for your 17-year-old.

1. Shop Around

Each insurance company has different rates, and it is especially significant when it comes to teenage boys or a girl. Choosing one guarantor over another might save a huge amount for a whole year.

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Meanwhile, the cheapest insurance policies for 17-year-old drivers will vary depending on where you live. Gather documents from a few insurers to ensure you’re paying as little as possible.

2. Find Discounts

To balance the high cost of protection for 17-year-olds, many insurance companies offer a variety of limits tailored specifically for young drivers. Here are a few examples of common derivations to be aware of.

  • Good Grades
    You can experience a fall in rates if you’re a full-time high school or undergrad with a specified GPA (often a “B” or greater).
  • Driving Tracker
    In many cases, you’ll be able to lower your premiums with telematics driving trackers. For example, you can demonstrate that you don’t make sudden starts or stops. Track your habits with an application that plugs into your vehicle’s auxiliary port.
  • Driving Class
    17-year-old drivers are likely to have just completed their driver’s education. New York state offers a 10% reduction on car insurance premiums if you complete a driver’s education course.
  • Students Away From Home
    This discount is more common among understudies than among 17-year-old high schoolers. You could qualify for a rate reduction if you don’t have a car and travel more than 100 miles for school.
  • Pay-in-Full
    Most insurers will discount your vehicle insurance if you pay for it all at once rather than in monthly installments.

3. Drop Comprehensive & Collision Coverage

The easiest option for children to reduce their insurance costs is to reduce their coverage. Whole and damage coverage, which pay for your car’s upkeep, are vehicle protection’s most commonly overlooked aspects.

Insurance will cover you if you get into a collision and no other party is to blame. Extensive inclusion compensates for damage caused by a different type of impact, such as vandalism or robbery.

The two features are optional except if you have a car advance or rent. Reducing far-reaching and effective inclusion is often better when your car is older and less valuable.

This is because the most extreme possible inclusion payment – the cost of replacing your car is typically not the same as the cost of inclusion. However, if you can fix or replace your vehicle without these extras, you should probably skip them.

4. Car’s Make & Model

The car type or model influences the car insurance rates. For example, A teenager with an off-road truck is likely to have higher insurance prices than a modest, affordable sedan.

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It’s a general rule that a car or vehicle with a higher MSRP (e.g., luxury cars or sports cars) will have a higher insurance amount. It is because if you get into a fatal crash by any chance, companies will have to pay a larger amount.

So if you’re searching for a vehicle for your teenager, you should go for a sedan or a used vehicle to minimize the insurance rate.

5. Adding Teenagers To An Existing Policy

When a 17-year-old gets her driver’s license, you are often required to add them to your auto insurance. The law demands it in a few regions, and many insurance companies also need it. The auto insurance firm makes a wise decision to ensure everyone’s protection.

Once a teenager has their driver’s license, you usually need to add them to a family plan. Suppose a 17-year-old boy or girl hasn’t finished their permit exam. In that case, you can’t register them to an existing policy.

A 17-year-old can reduce his premium expense by up to 45% by getting added to an existing premium insurance plan. It is better to save your precious savings than go for an individual car insurance plan.

Frequently Asked Questions ( FAQs )

What Is The Best Car Insurance Company?

Everyone can’t find the best company because every driver has different preferences. That means each driver has a unique set of circumstances, goals, needs, and preferences.

Knowing your needs and researching are the two finest ways to identify the ideal company. Comparing quotes from several auto insurance providers will help you get the best policy for your needs.

Otherwise, we’ve listed the cheapest companies in one section if you’re looking for the cheapest insurance. You can check them out and can find a company compatible with your needs.

Should I Adjust My Coverage When Adding A Teen Driver?

Adding a teen can significantly raise your premium. And the temptation to eliminate full coverage or reduce coverage levels to save money can be strong.

Although there isn’t a one-size-fits-all recommendation for the types and levels of coverage you should have, insurance brokers often advise against reducing coverage to save money. Especially when accidents are more likely to happen to teens.

Lower limits may increase your chance of having to pay out-of-pocket costs following an accident. A safer method to minimize your premium while retaining enough financial protection is to shop around and take advantage of discounts.

Do I Have To Add My Teenager To My Car Insurance?

Teenagers under the age of 18 are considered minors and, in most cases, cannot buy their own auto insurance policy. Teenagers aged 16 and 17 probably need to be included in an adult’s family auto policy.

Drivers who have reached the age of 18 can get their insurance. The insurance cost will likely be higher for older kids if they remain on their parent’s plan.

You will probably be able to keep your teen on your policy as long as they live at home or study away from home. If they frequently drive one of your vehicles, they must continue to be covered by your insurance.

What Kind Of Car Should A 17-Year-Old Drive?

The cost of insurance is significantly influenced by the vehicle your teen drives.
Some cars are less expensive to insure than others due to accident statistics. Such as the cost of replacement components and labor and available safety measures.

Most insurance experts advise comparing insurance quotes for the vehicle before you buy it. This will prevent any surprises when you add an adolescent to your policy. Moreover, you’ll know how much a particular car will cost your teen.

How Much Is Car Insurance For A 17-Year Old On Average?

After a year of driving experience, the insurance cost for teenagers decreases a little. However, the cost of motor insurance is still expensive when compared to that of older drivers.

For full coverage, the typical annual vehicle insurance premium for a 17-year-old on their policy is $6,272, or $523 per month. The rate is more than $4,500 higher than the $1,682 national average for drivers under 40.

Teenage drivers present a greater risk to insurers. Thus they must pay higher rates for auto insurance. In actuality, youths aged 16 to 19 had the highest probability of being involved in a car accident.

How Much Does It Cost To Add A Teenager To Car Insurance?

The average annual cost to add a youngster to your auto insurance policy is $1,461, a 173 percent increase. The precise cost will increase based on location, driving record, and credit score.

A teen can be covered most affordably by being added to your policy and driving the family car with you. The cost of adding a teen driver and a new car to your coverage would increase. Getting a new automobile necessitates more coverage, which is more expensive.

Final Thoughts

Parenting an adolescent driver may be difficult and expensive. Getting them their policy might be alluring to instill independence in them. But you can save a lot of money by including your teen in your auto insurance coverage.

Moreover, when buying car insurance, the question “how much is car insurance for a 17-year-old” comes up. However, it is likely to be pricier than your existing policy. That’s why adding them to your policy will help you save money.

Be sure to provide a good example for others. In other words, don’t text and drive and warn other drivers about the dangers. Make sure your children are following GDL laws and model good driving conduct.

Introducing Eoin Park, an automotive blogger whose passion for cars was ignited during his education in automobile mechanics. With 11 years of hands-on experience in the auto industry, Eoin's expertise is unmatched. His favorite car, the Lincoln Corsair, 4Runner, exemplifies his love for durability and adventure. Eoin specializes in vehicles suited for long drives, blending comfort and performance seamlessly. Join him as he navigates the roads, sharing his insights and recommendations for the ultimate driving experience.

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