How To Find Cheap Rates (2022)
*These ratings are based on a larger study, but providers are ranked based on their performance with teen car insurance. Rate estimates are based on the profile of a 24-year-old driver.
Remember, the easiest way to find excellent teen car insurance is to Compare car insurance quotes from multiple providers at the same time. This way, you can find out which options meet your cost and coverage needs.
#1 State Farm: Most Popular Provider
Satisfaction Rating by JD Power: 892/1,000
AM Best financial strength rating: A++
Better rating by the Business Bureau (BBB).: A
telematic programs: Drive safely and save™hands offⓇ
State Farm is one of the few providers to offer teen auto insurance rate estimates that average less than $2,000 per year. The company also offers various savings options specifically aimed at younger drivers, such as a good student discount that rewards those who keep good grades. And if you have a college student at school without their vehicle, you can get a policy discount.
State Farm also has a telematics program that caters specifically to drivers under the age of 25. In addition to monitoring driving habits, the Steer Clear program offers driving lessons and certifications that can earn lower rates for teenage drivers.
Continue reading: State farm insurance review
#2 Geico: Editor’s choice
Satisfaction Rating by JD Power: 881/1,000
AM Best financial strength rating: A++
BBB rating: A+
Telematics program: DriveEasy
Geico offers some of the lowest median rate estimates for teen auto insurance in the industry. In addition to its low prices, the company offers a good student discount that can help young drivers pay even less.
Teen drivers can also take advantage of Geico’s defensive driving discount, which lowers prices after completing an approved safe driving course. While this discount is available to drivers of all ages, it’s particularly valuable for teenagers who could benefit from additional instruction.
Continue reading: Geico insurance review
#3 USAA: Low tariffs for the military
Satisfaction Rating by JD Power: 909/1,000
AM Best financial strength rating: A++
BBB rating: A+
Telematics program: SafePilotⓇ
According to our data, the USAA offers the lowest average auto insurance estimates for teen drivers. USAA also offers discounts for younger drivers, such as B. Savings for good students and a discount for defensive driving.
You must be either a member of the military or a dependent’s family to receive automatic coverage from the USAA, so not everyone is eligible. If you qualify, you may be able to find USAA’s lowest teen driver auto insurance rates.
Continue reading: USAA Insurance Review
#4 Progressive: Low fares for high-risk drivers
Satisfaction Rating by JD Power: 862/1,000
AM Best financial strength rating: A+
BBB rating: Not rated
Telematics program: snapshotⓇ
Progressive has geared its plans towards high-risk riders for decades. While the company already offers reasonable rates for younger drivers, it’s a particularly good choice for teenage drivers with traffic violations or at-fault accidents on their driving records.
Progressive also offers special discounts for youth drivers who have been insured for at least a year. Combining this savings opportunity with the company’s good student discount can go a long way in finding affordable teen auto insurance.
Continue reading: Progressive Insurance Review
#5 Travelers: Most coverage options
Satisfaction Rating by JD Power: 871/1,000
AM Best financial strength rating: A++
BBB rating: A
Telematics program: IntelliDriveⓇ
Travelers is another provider that offers affordable auto insurance for teenagers. With discounts for keeping good grades, taking driver training courses and being away from school, Travelers insurance coverage can be reasonably affordable.
While hopefully your teenage driver won’t have to deal with an automobile accident, Travelers offers guidelines to help keep coverage appropriate should one occur. The company’s accident forgiveness and new vehicle replacement programs can be valuable supplemental insurance for high-risk teenagers.
Continue reading: Review of travel insurance