Teenagers' car insurance is pricey, but on average, certain businesses have better prices than others. With Erie Insurance, Auto-Owners Insurance, or USAA, the finest vehicle insurance for 17-year-olds can be had for as little as $261, $267, or $283 per month, respectively.
The Home Media reviews team has compared the most affordable auto insurance providers for a range of drivers nationwide. Find out how to acquire a 17-year-old inexpensive coverage here.
Our pricing estimates show that 17-year-olds spend $5,612 annually, or $468 per month, on individual full coverage auto insurance premiums. This is over three times the $1,730 per year middle-aged driver national average. Young drivers have less expertise and a higher risk of collision, thus their auto insurance is more expensive.
Different auto insurance providers have different rates for drivers under the age of 17. According to our calculations, Erie Insurance offers the least expensive local coverage, charging an average of $261 per month or $3,137 annually. The least expensive national provider is USAA, with average prices of $3,398 annually or $283 monthly.
Below are the prices for full coverage from 11 well-known vehicle insurance providers for 17-year-olds with their own policy.
State Farm
State Farm offers the most affordable and readily available auto insurance for 17-year-olds. State Farm offers average rates that are around 34% less than the national average for this age group. Additionally, State Farm has special rates and initiatives that can assist teen drivers save money, such as:
Up to 30% off with Drive Safe & SaveTM, a usage-based discount.
Young drivers' education program Steer Clear®
Up to 25% off for students in good standing
Insurance Erie
Another affordable choice for 17-year-old drivers is Erie Insurance. In actuality, this age group's typical rates are almost 44% lower than the national average. The annual premium cost differential is sizable. Unfortunately, drivers can only access Erie in 12 states: Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wisconsin, in addition to Washington, D.C.
The following Erie Insurance incentives can help 17-year-olds pay less for their auto insurance:
discount for young drivers
discount for young drivers' lifespan
driver education reduction
student discount for colleges
#3: Geico
Our rate projections show that Geico is around 35% less expensive for 17-year-olds than the national average. Because of its solid reputation in the business, excellent customer service, and broad range of coverage options, we also rated Geico as the best supplier overall for safe drivers. Young drivers can receive the following discounts from Geico:
discount for driver's education
excellent student discounts
discount on brand-new cars
Discounts for multiple policies and vehicles
Drive
User-friendly application
4: USAA
Generally speaking, USAA is among the most affordable carriers; 17-year-olds with USAA pay roughly 39% less than the national average. However, USAA is only open to active-duty military personnel, veterans, and their dependents. If a 17-year-old is serving in the military or has a parent who is or was in the armed forces, they may be eligible for coverage. The following discounts are available through USAA:
driver education reduction
Usefulness-based program SafePilotTM
good military installation student
Continue reading Review of USAA insurance
Vehicle Owners
One of the least expensive auto insurance providers for teenagers is Auto-Owners. According to our calculations, this age group pays 43% less with Auto-Owners than the average American. The following discounts from Auto-Owners, which are available in 26 states and may be helpful to 17-year-olds, include:
excellent student discounts
student discount whilst away at school
discount for monitoring teen drivers
Continue reading Review of auto insurance