Car insurance can feel like a mystery, especially for younger drivers. At 19, you’re probably noticing that premiums are significantly higher than for older, more experienced drivers. This guide aims to answer the question: “How much is car insurance for a 19-year-old per month?” We’ll go over what factors affect your premium, what you can expect to pay, and some ways you can reduce your monthly cost.
Factors That Affect Car Insurance Rates for 19-Year-Olds
Every insurance provider calculates your premium based on specific risk factors. For young drivers, the risk is higher, so premiums tend to follow suit. Below are the most important factors affecting your car insurance rate as a 19-year-old.
Age and Experience
Insurance companies look closely at age and driving experience when setting rates. Since you’re still relatively new to driving, insurers see you as more likely to be involved in an accident. Statistics support this, as accident rates for younger drivers are typically higher than those for older, more experienced drivers.
Location
Where you live also plays a big role in how much you’ll pay. Car insurance rates vary widely from state to state, and even within different cities and neighborhoods. Areas with higher rates of car theft, accidents, or severe weather typically have higher insurance premiums. For instance, if you live in a dense, urban area, your rate is likely to be higher than if you live in a rural setting with less traffic.
Type of Vehicle
The car you drive can make a big difference in your monthly insurance costs. High-performance or luxury vehicles tend to have higher insurance premiums because they’re more expensive to repair and replace. On the other hand, driving a used, safer, and economical vehicle can help reduce costs. Cars with strong safety ratings or models with advanced safety features often come with discounts from insurers.
Driving Record
Your driving record has a significant impact on your insurance rates. A clean driving record, free from accidents, speeding tickets, or other violations, can help lower your monthly premium. However, if you’ve had incidents such as speeding tickets, at-fault accidents, or driving under the influence, expect your rate to be considerably higher.
Gender and Marital Status
In some cases, insurers consider gender and marital status. Historically, male teens are seen as riskier drivers, often facing higher premiums than their female counterparts. If you’re married, you might get a discount as well, as some insurance companies consider married drivers to be more responsible on the road.
Average Cost of Car Insurance for a 19-Year-Old (Monthly) by Coverage Level
The cost of car insurance varies based on the type of coverage you choose. Here’s a breakdown of average monthly costs for 19-year-olds by coverage level.
Liability Coverage Only
If you’re on a budget, liability-only coverage might be an option to consider. Liability coverage only pays for damage you cause to other people’s property or medical expenses in an accident. It’s often the most affordable option and a good choice if you’re driving an older car or one with a lower value. You can expect liability-only coverage to cost around $100 to $300 per month for a 19-year-old.
Full Coverage
Full coverage is more comprehensive. It usually includes liability, collision, and comprehensive insurance, covering damages to your car, whether due to accidents, theft, or other incidents. For a 19-year-old, full coverage costs can range from $300 to $600 per month or more, depending on factors like location and driving history. Although full coverage is more expensive, it may be a better choice if you’re financing a newer vehicle or need the added protection.
Monthly Average Costs for 19-Year-Olds by Coverage Type
| Coverage Type | Monthly Cost (Low End) | Monthly Cost (High End) |
|---|---|---|
| Liability Only | $100 | $300 |
| Full Coverage | $300 | $600 |
| High-Risk Policies | $500 | $900 |
High-risk policies apply to those with poor driving records or other risk factors. If you fall into this category, it’s important to look for insurance providers specializing in high-risk drivers, as they may offer better rates.
How to Find Affordable Car Insurance for 19-Year-Olds
Reducing your car insurance costs doesn’t have to be complicated. Here are some practical tips for finding affordable coverage as a 19-year-old.
Compare Multiple Quotes
One of the easiest ways to save money is by comparing quotes from different insurance providers. Rates can vary significantly between companies, so don’t settle for the first quote you get. Many insurance comparison websites allow you to quickly compare multiple quotes, making it easier to find the most affordable option.
Take Advantage of Discounts
Insurance companies often provide discounts that can help lower your premium. Here are a few common discounts that may apply to you as a young driver:
- Good Student Discount: Many insurers offer discounts for students who maintain good grades, usually a B average or higher.
- Defensive Driving Course Discount: Completing an approved defensive driving course can often result in a discount.
- Multi-Policy Discount: If you or your family already have insurance through a specific company (e.g., home or renters insurance), bundling policies can reduce your rates.
- Safe Driver Discount: Maintaining a clean driving record over time can make you eligible for lower premiums.
Consider Higher Deductibles
Opting for a higher deductible can help you lower your monthly premium. However, remember that a higher deductible means you’ll pay more out of pocket if you have an accident. This approach can be beneficial if you’re a careful driver and don’t expect to file many claims.
Look for Usage-Based or Mileage-Based Insurance
If you don’t drive often, usage-based or mileage-based insurance might be a good fit. Programs like Snapshot from Progressive or Drivewise from Allstate allow insurers to track your driving habits. If you drive safely and infrequently, these programs can significantly reduce your monthly premium.
FAQs on Car Insurance for 19-Year-Olds
To help answer some common questions, here are a few FAQs specifically for 19-year-olds navigating car insurance costs.
Why Is Car Insurance So Expensive for a 19-Year-Old?
Young drivers are considered at higher risk due to their lack of experience and higher accident rates. Insurers price their policies based on statistical data, and younger drivers unfortunately fall into a higher-risk category.
Can a 19-Year-Old Get Car Insurance on Their Parents’ Policy?
Yes, many 19-year-olds can remain on a parent’s policy. This can be a more affordable option, as family plans tend to offer lower rates than individual policies. However, if you’re moving out or buying a car on your own, you may need to get your own policy.
How Much Can a 19-Year-Old Save by Being a Good Student?
Good student discounts can provide savings of around 10-15% on your premium, making them an excellent option if you’re still in school and meet the GPA requirements.
What Is the Cheapest Car Insurance for 19-Year-Olds?
Some popular options known for affordable rates include GEICO, State Farm, and Progressive. These companies are often competitive with pricing and offer various discounts for young drivers.
Conclusion
While car insurance can be costly for 19-year-olds, understanding the factors affecting your rate and exploring discounts can help you find more affordable options. Remember to compare quotes, consider liability-only coverage if your vehicle is older, and look into all the discounts you may qualify for. By taking these steps, you can make smart choices to protect yourself on the road without breaking the bank.
Ultimately, insurance costs will begin to decrease as you gain experience and keep a clean driving record. In the meantime, use these tips to manage your costs and stay safe on the road.