The car insurance for a 19 years old may depend on various factors. The average car insurance for a 19-year-old is around $3,500 a year, or a little over $200 a month. The price may be less than what an 18-year-old will pay, but it can prove to be exhaustingly expensive if you sum it up.
You also need to take care of the rent, college fees, tuition, and other expenses, and then this meager amount of $200 can add up quickly. You need not worry as there are some ways you can save money and get the cheapest auto insurance for a 19-year-old.
But first, let’s see why age is so essential to decide insurance rates.
Age is one of the most essential things for insurance companies to decide the insurance rate for customers. If you are 19 years old, then be prepared to pay a substantial amount for your insurance as you are a high-risk driver as per the insurance company.
However, the shining light here is that you will not be paying astronomical rates like a 16-years-old as you now have some experience behind the wheel. And a clean driving record quill bridge the gap between you and cheap 19 year old car insurance.
According to one stat, teen drivers are four times more likely to cause accidents than someone 20 or older. Hence, you, as 19 years old, have to pay high insurance premiums.
What follows are some of the reasons why teen drivers face increased car insurance rates:
- Less experience behind the wheel
- More likely to use mobile devices while driving
- Participate in distracted driving more frequently
- More likely to break the speed limit
You may think that insurance companies want to charge more and dupe teens by making them pay more for coverage than other age groups. However, that is far from the truth! These rates are decided after evaluating various statistics.
Insurers will help you save some money on coverage and help you get the cheapest auto insurance for 19-year-olds through various discounts.
What follows are such discounts that can help you get cheap 19-year-old car insurance:
If you are good at studies, you can also save money on car insurance as many companies offer good student discounts to younger drivers. If you get a minimum GPA of 3.0 while in school, you may be eligible to get this discount.
This discount can help you save as much as 5 to 10 percent, depending on the type of coverage you have.
If you are a 19-year-old driver and have decided to go away for college, you might be eligible for cheap car insurance as an unemployed person. This type of discount is known as a distant student discount. Typically, to get this discount, you need to get admission to a college that is 100 miles away from your home.
However, every insurance company will offer you a different type of discount. Ask your agent to know what their requirements are.
It is essential to select an insurance plan that is both affordable and provides enough protection. So, look for these discounts mentioned above, compare prices of various quotes, and save money on cheap 19-year-old car insurance.