Cheap Insurance For First Time Drivers - Andrew Hurst Andrew Hurst Senior Editor and Licensed Auto Insurance Specialist Andrew Hurst is a Senior Editor and Licensed Auto Insurance Specialist. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin and Property Casualty 360.
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Cheap Insurance For First Time Drivers
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Cheap car insurance for new drivers depends on whether they are adding to an existing policy or purchasing their own coverage. Overall, GEICO is the best inexpensive company for new drivers to add to their family policy. State Farm is the best option for new drivers who decide to own their own field.
Auto insurance for new drivers can cost thousands of dollars more per year than insurance for more experienced drivers. But new drivers can find cheaper insurance by comparing quotes from several companies and calculating mileage or usage-based insurance.
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Insurance companies do not necessarily define who they consider to be new drivers. For insurance purposes, young drivers are not the only members of this group. Instead, "new drivers" can be anyone who:
Despite their limitations, newly licensed drivers are not required to obtain any type of new car insurance to meet their state's insurance requirements. The only difference for new drivers is that their insurance coverage will be more expensive because they don't have a driving record yet.
If you insurance companies are considering a new driver, the process of buying car insurance for you will be the same as for experienced drivers. You can also get coverage from reputable companies.
New teen drivers will have better luck adding them to an existing family policy, while newly licensed adults will have to shop for their own coverage.
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But some new drivers can find it difficult to find their own car insurance. It's more expensive, and insurance companies don't always let newly licensed drivers fill out an online quote form to get their own insurance. Also, if you are a minor and want your own car insurance, you will need to get approval from a parent or guardian.
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GEICO has the best insurance rates of any company in the country for adding a new driver to an existing car insurance policy. In addition to lower rates, GEICO offers coverage such as rental reimbursement and roadside assistance.
GEICO is the best and cheapest car insurance for families adding a new driver to an existing car insurance policy. GEICO isn't the cheapest overall, but it's still an affordable choice available in every state. We found that at $240 per month, GEICO costs $907 per year less than average rates for new drivers.
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NJM is the cheapest car insurance for new drivers but is only available in Connecticut, Maryland, New Jersey, Ohio or Pennsylvania. But new driver insurance from NJM is a bit cheaper than GEICO - $6 a year on average.
Military members, both active and retired veterans (and their families) can also get cheap car insurance for new drivers from USAA, where coverage for new drivers starts at $141 per month ($1,076 cheaper per year than the average). But unlike GEICO and NJM, USAA isn't available to everyone.
Most insurance companies require that every licensed driver in your household be included in your car insurance policy. Fortunately, adding a new driver to an existing policy is easy.
You can always add a new driver to your existing policy over the phone or online, through the insurer's website or mobile app.
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There are a few key details you'll need to add a driver to your car insurance policy, including:
New drivers who shop for their own policy can get cheaper coverage from State Farm. Since State Farm's rates are low even after an accident or speeding ticket, new drivers won't have to pay high rates after an early mistake.
State Farm has the best and cheapest car insurance for new drivers buying their own policy. On average, new driver insurance costs $380 per month with State Farm, which is $1,632 per year cheaper than the average for new drivers.
State Farm car insurance is available in every state except Massachusetts and Rhode Island, but a smaller company may be a cheaper option depending on where you live. We found that ORILE, followed by Erie and Auto-Owner all have the cheapest auto insurance for new drivers.
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Here are the cheapest car insurance companies for new drivers in every state – whether you're adding a new licensed driver to your family plan or you're shopping for your own new driver.
Anyone moving to the United States is considered a new driver, regardless of their age or experience behind the wheel. Since these drivers have no insurance history with US companies, it is difficult to predict the chances of a claim from them in the future.
While insurance costs will be more expensive for newly licensed international drivers, regardless of their experience in the country, their rates will decrease over time as long as they avoid accidents and tickets.
Meanwhile, foreign drivers moving to the United States can get better rates from the same companies that offer cheaper rates 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 unlicensed drivers to get a license - which requires car insurance.
But these states allow newly unlicensed drivers to get a license — and car insurance — without proof of citizenship. These states are:
Car insurance for new drivers tends to be more expensive than average rates for older, more experienced drivers. But finding cheap car insurance is more difficult when you are shopping for a new driver for your own policy.
On average, new driver insurance costs $380 per month or $4,562 per year. That's about $2,000 more per year than adding a new driver to an existing policy, which costs $230 per month or $2,763 per year.
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At the largest companies, car insurance for new drivers is $280 more per month than for most older drivers (ages 30 to 45) with comparable policies.
There are two reasons why car insurance pays more for new drivers than older drivers. Because of their inexperience, newly licensed drivers are more likely to have serious accidents than their more experienced colleagues.
Companies also look at your driving record to predict how likely you are to get into an accident. But because new drivers don't yet have a record, companies hire them at higher rates until they prove they're safe drivers.
The best way to find cheap new drivers insurance is to shop around and compare quotes, but you should also:
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For new drivers who join an existing policy, car insurance is $2,763 per year. But a standard policy for a new driver costs an average of $4,562 per year.
Among the major companies, GEICO has the cheapest rates for new drivers. But you can get insurance at a lower rate with NJM, a local agency located in five states. State Farm has the best rates for many new drivers who get their own coverage. Even smaller companies like COUNTRY and Erie have cheaper rates.
New drivers should shop around for car insurance and compare quotes from multiple companies. They should also be willing to switch companies if their rates 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.
Find the cost of car insurance for new drivers using the rates provided by Quadrant Information Services. These rates apply to every zip code in all 50 states through the District of Columbia. Example of guaranteed vehicle 2017 Toyota Camry LE drive 10,
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