Geico Insurance For New Drivers - Andrew Hurst Andrew Hurst Senior Editor and Certified Auto Insurance Specialist Andrew Hurst is Senior Editor and Certified Auto Insurance Specialist at . His work has also appeared in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin and Property Casualty 360.
Edited by Anna Swartz Anna Swartz Senior Editor and Auto Insurance Specialist Anna Swartz is a Senior Editor and Auto Insurance Specialist at , where she oversees our auto insurance business. She was previously a senior writer at Mic.com and an associate writer at The Dodo.
Geico Insurance For New Drivers
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The cheapest car insurance for new drivers depends on whether they are adding to an existing policy or buying their own insurance. On average, GEICO is the cheapest company for new drivers to add to their family policy. State Farm is the best choice for new drivers who choose to have their own insurance.
Car insurance for new drivers can cost thousands of dollars more per year than insurance for more experienced drivers. However, new drivers can still get cheap insurance by comparing quotes from multiple companies and considering mileage or usage-based insurance.
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There is not necessarily a definition of what insurance companies will consider new drivers. For insurance reasons, teenage drivers are not the only members of this group. Conversely, a "new driver" can be anyone who:
Despite their inexperience, newly licensed drivers are not required to purchase a separate type of new driver's auto insurance to meet their state's insurance requirements. The only difference for new drivers is that their insurance coverage is more expensive since they don't have a driver's license yet.
If you are someone considered by insurance companies to be a new driver, the process of purchasing car insurance is the same for you as it is for experienced drivers. You can still get coverage from reputable companies.
New teen drivers have the best luck when added to an existing family policy, while newly licensed adults may need to purchase their own coverage.
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But some new drivers may struggle to find their own car insurance. It's more expensive and insurance companies don't always allow newly licensed drivers to fill out an online quote form to get their own insurance. Even if you are a minor and want to have your own car insurance, you must obtain the consent of a parent or legal guardian.
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GEICO has the best insurance rates of any company nationwide for adding a new driver to an existing auto insurance policy. In addition to low rates, GEICO offers coverage such as rental reimbursements and roadside assistance.
GEICO is the best and most affordable auto insurance for families adding a new driver to an existing auto insurance plan. GEICO isn't the cheapest overall, but it's still an affordable option that's available in every state. We found that at $240 per month, GEICO costs $907 less per year than average rates for new drivers.
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NJM is the cheapest car insurance for new drivers, but it's only available in Connecticut, Maryland, New Jersey, Ohio, or Pennsylvania. But NJM's new driver insurance is only slightly cheaper than GEICO -- an average of $6 a year.
Military members, both active and retired vets (and their families) can also get cheap new driver auto insurance from USAA, where new driver coverage costs $141 per month ($1,076 per year cheaper than the average). But unlike GEICO and NJM, USAA is not open to the general public.
Most insurance companies require that all licensed drivers in your household be included in your auto insurance policy. Fortunately, adding a new controller to an existing policy is easy.
You can usually add a new driver to an existing policy over the phone or online through your insurance company's website or mobile app.
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You need some key information to add a driver to your car insurance, including:
New drivers who buy their own policy can get cheap coverage from State Farm. Because State Farm rates remain low even after an accident or speeding ticket, new drivers may not have to pay significantly higher rates after an initial mistake.
State Farm has the best and cheapest auto insurance for new drivers who buy their own policy. On average, State Farm new driver insurance costs $380 per month, which is $1,632 per year cheaper than the average for new drivers.
State Farm auto insurance is available in every state except Massachusetts and Rhode Island, but depending on where you live, a smaller company may be a cheaper option. We found that COUNTRY, followed by Erie and Auto-Owners have cheap car insurance for new drivers.
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Here are the cheapest new driver auto insurance companies in each state, whether you're adding a newly licensed driver to your family policy or a new driver shopping around yourself.
Regardless of age or driving experience, anyone moving to the United States is considered a new driver. Because these drivers have no history of insurance with US companies, it is difficult to assess their chances of a future claim.
While insurance costs for newly licensed international drivers will be more expensive regardless of their experience in their home country, their rates will continue to drop over time as they avoid accidents and speeding tickets.
Meanwhile, foreign drivers moving to the U.S. can get the best rates from the same companies that are cheaper for new drivers, including GEICO and State Farm.
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New drivers can still get car insurance if they are undocumented immigrants, but it depends on where they live. Not all states allow new undocumented drivers to get a driver's license, which you need to get auto insurance.
But the following states allow new undocumented drivers to get a driver's license and auto insurance even without proof of citizenship. These states are:
Car insurance for young drivers is always more expensive than the average rates for older, more experienced drivers. But it's even harder to find cheap car insurance when you're a new driver buying your own policy rather than adding to an existing one.
On average, the cost of auto insurance for new drivers is $380 per month or $4,562 per year. That's nearly $2,000 more expensive than adding a new driver to an existing policy, which costs $230 a month or $2,763 a year.
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At larger companies, the cost of car insurance for new drivers is $280 a month more than for most older drivers (ages 30-45) who have a comparable independent policy.
There are a few reasons why car insurance costs more for young drivers than for older drivers. Because of their inexperience, new drivers are more likely to be involved in a serious accident than their more experienced counterparts.
Companies also look at your driving records to predict how likely you are to be involved in an accident. But because new drivers don't yet have records, companies charge them higher rates until they prove they are safe drivers.
The best way to find new driver insurance that isn't too expensive is to shop around and compare quotes, but you should also:
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For new drivers joining an existing policy, car insurance is $2,763 per year. But an independent policy for a new driver averages $4,562 a year.
Of the major companies, GEICO has the cheapest rates for new drivers. You can get cheaper insurance from NJM, a regional company that has offices in five states. State Farm has the best rates for most new drivers who get their own coverage. Smaller companies like COUNTRY and Erie also have cheap rates.
New drivers should research car insurance and compare quotes from more than one company. They should also be prepared to switch companies if their plans become more expensive over time. New drivers can also get cheaper car insurance by taking full advantage of discounts or switching to mileage or usage based insurance to save.
Calculated the cost of auto insurance for new drivers using rates provided by Quadrant Information Services. These rates corresponded to all zip codes in the 50 states of the District of Columbia. Our example insured vehicle was a 2017 Toyota Camry LE with 10,000 miles on it.
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