how much does car insurance cost for a new teen driver?

[biochemgirl]

Currently, I am the only driver in my house and have a few other policies with State Farm. My 2019 Subaru Impreza only costs me $54/month for a full coverage. My teen (male ) now has a permit. The agent said he doesn't need insurance until he gets a license but declined to quote me or even ballpark what I'll be looking at to insure him!

I just need a ballpark, $100, $200, more? I budget and manage my money and would love to know what I need to plan for starting in the fall.

How much did it cost to insure your teen driver the first time?

 

[havaneselover]

Here's my experience with my daughter who is now 17. I only had one car (2012 Odyssey) on my policy and my annual premium was $600. Added a 2019 Civic before she got her license and my premium went to $1200. When I added DD it went to $1800. About to add another car (maybe a Forester) and another driver (DS turns 16 at the end of the month). I expect he'll be a lot more expensive.

 

[trenty]

You need to shop around with different companies. It will also depend on if you add a car to your policy and what type of car...
I shop around often and occasionally switch companies.
Also think about adding an umbrella policy. We did when our teens started driving.

 

[DL1WDW2]

Your State Farm Rep should have advised ways to reduce teen insurance. I just googled and picked a Dave Ramsey article that suggested asking which Drivers Ed Courses are recommended for the company to accept for a discount. Also putting teen driver on the family policy and the car that has the lowest value. I’m not sure about that advice because many newer cars have excellent safety features.
Article says a A or B High School Report Grade average offers discount.
I have SF and prefer agent with local office but might consider online to reduce my insurance , everything is online now anyway.
Do you have AAA or ONStar ? I think one of these companies offer discount to track driving . The Dramsey article explains how this works.

I will say I have lived near high schools and can guarantee the most dangerous accident location is when school gets out and teens are driving out of the school parking lot... especially on a Friday HaHa.
Currently Ilive near Celebration, Fl High School with a new McDs and direct World Drive to WDW... guarantee frequent fender benders within that triangle . Just something to consider that is never mentioned.

I remember early Sunday mornings driving in a nearby Corporate Office Campus for teen practice .It had huge parking lots with STOP Signs and area with some street like turns , etc... Do you have anything like that to give your teen more confidence with braking and getting into turn signal routine habit? Also an area to practice parallel parking?
I just realized practicing the actual local Path your State follows to get that drivers license test would be a good idea. Check out where they test for parallel parking and practice with teen. It definitely would be good for early Sunday morns.
Make sure teen understands what to do if accident occurs . SF used to have lots of brochures to keep in car to help document info .
Hope this helps .

Def recommend Umbrella Policy for everybody. Why do agents never suggest this?
I guess shopping around and changing policies is the way to go nowadays as pp suggested. Loyalty for a lifetime w/ SF gets me a yearly holiday greeting card.

 

[cvjw]

We also have State Farm. State Farm has multiple ways to reduce the insurance for teen drivers. They have the good student discount. They give a discount for taking drivers education with a qualified driving instructor. They give a discount for reading their drivers Ed material.

We purchased a new Mazda 6 for our son and his premiums were $2400 per year - car in my name with him listed as a driver. We purchased a Toyota rav 4 for other son and his premiums were only $1800 per year - car in my name with him listed as a driver.

The premiums will go down as they get older and have clean driving records. Older son is still driving his Mazda and now his premiums are $1000 per year. He is about to buy his own car and will be responsible for his own insurance!

 

[lorimt]

Costs will vary widely depending on your state. Our teenage son costs more than me and my husband combined and his deductible is twice as much as ours. I would expect your son’s premium will be 2-3 times more than what you currently pay.

 

[dvc lover 1970]

I have Amica and my insurance went up 3200 for my teen son. Good student discount and no accidents. I am not happy.

 

[TwoMisfits]

My insurance a little more than doubled when I added one teen...so 2 of us together cost less than just her. It's not horrible (she cost $1400 to insure for the year), but it hurt...but I need her as an emergency driver for me if I get sick, so I find the value there...and in her being responsible, independent, and "growing up"...at least, that's what I tell myself...

 

[Eureka]

Currently, I am the only driver in my house and have a few other policies with State Farm. My 2019 Subaru Impreza only costs me $54/month for a full coverage. My teen (male ) now has a permit. The agent said he doesn't need insurance until he gets a license but declined to quote me or even ballpark what I'll be looking at to insure him!

I just need a ballpark, $100, $200, more? I budget and manage my money and would love to know what I need to plan for starting in the fall.

How much did it cost to insure your teen driver the first time?

I have two young male drivers (17 and just turned 20). We have four drivers total, three cars (newest is 2015) with full coverage and we pay over $600 a month. And that’s with the “good student” discount. It’s going to vary of course based on your car, area and insurance company but it’s going to be a big jump from what you‘re paying now. When we added my first DS, he was 17 and our monthly payment doubled.

 

[starry_solo]

It also depends on how much coverage you want.

 

[Disneylover99]

My son just got his licence a few months ago. He got a driver‘s training discount on insurance of about 10%. It cost just over $1000 per year to add him as a driver under our policy, which is a really reasonable price in my neck of the woods.

 

[Judique]

I have two young male drivers (17 and just turned 20). We have four drivers total, three cars (newest is 2015) with full coverage and we pay over $600 a month. And that’s with the “good student” discount. It’s going to vary of course based on your car, area and insurance company but it’s going to be a big jump from what you‘re paying now. When we added my first DS, he was 17 and our monthly payment doubled.

Wow!! $7200 a year! (Nice Disney vacation if some of that cash could be recouped.) May I ask what your deductible is and how much insurance you carry? I carry $500K, increased after I watched the devastation of a serious accident.

I am in Maryland and my son is much older now but with State Farm, as said above there were ways to get discounts. We had 3-4 newer cars in the driveway along the way, but never reached that price thresh hold. That said, son did mess up but by that time he was on his own separate policy. He got a couple of tickets and his insurance more than doubled. It took years before it again went down to a manageable level.

I do $500 comprehensive and $1000 deductible on the rest. Gone are the days when I had a $200 to $250 deductible.

 

[ruadisneyfan2]

We had AAA insurance when ds24 first got his DL. Not even adding a 3rd car, just him being licensed in our house they wanted to raise our rates something like $1000/year. We switched to Geico and it was a lot less. We eventually had to switch our homeowners too because that went up after removing the multi-policy discount we got by having car and home with same company.

We now have 2 young adults on our insurance and I made them both take an online defensive driving course to lower their rate. They always paid their share once they had jobs but the DD course gives a discount for 3 full years and it's only $20. Sometimes it goes on sale and drops to $12. The course is tailored to the test taker's age. For our kids it focused a lot more on driving with friends in the car, texting, alcohol, etc. Be sure to check the rules for your state. Some states say it's only for age 50 and up. It's a small discount here in NJ but it more than pays for itself over 3 years.
GEICO | Take A Defensive Driving Course Today | SafetyServe

 

[DL1WDW2]

Thanks for the link. Plan to compare .

 

[tvguy]

Costs will vary widely depending on your state. Our teenage son costs more than me and my husband combined and his deductible is twice as much as ours. I would expect your son’s premium will be 2-3 times more than what you currently pay.

Yes, state can make a huge difference . In 1988 California voters passed Proposition 103 which changed our insurance market. It required a 20% rollback of premiums, but in exchange a lot of common discounts became illegal. We get a lot of out of state people as new employees and one of the biggest shocks to them centers around cars, registration fees, and auto insurance rates. I love reading the fine print at the end of Auto Insurance TV commercials, looking for the disclaimer "not available in California".

 

[crisi]

Not only state, but where you live within the state - as urban insurance usually costs more than rural insurance. Also, if you add a car, if he gets (and keeps!) a good student discount. Plan on it more than doubling at least. I do know that my well laid plans to have my kids pay for their own insurance quickly went away - there was no way they could afford it on the part time jobs they could get at 16 for the number of hours they could work and still be high school students.

 

[DLgal]

So, just wondering if your kids wait until 18 to get licenses, is the insurance lower? At this time, our 16.5 year old son could technically have his license already, but we are waiting due to general immaturity (he is autistic ). In our state, if you wait until 17.5 to get a permit, you can have anyone teach you to drive, rather than requiring a certified driver training school (my son will do better learning from me than a stranger). I'm just wondering how insurance rates will be at that point.

 

[Eureka]

Wow!! $7200 a year! (Nice Disney vacation if some of that cash could be recouped.) May I ask what your deductible is and how much insurance you carry? I carry $500K, increased after I watched the devastation of a serious accident.

I am in Maryland and my son is much older now but with State Farm, as said above there were ways to get discounts. We had 3-4 newer cars in the driveway along the way, but never reached that price thresh hold. That said, son did mess up but by that time he was on his own separate policy. He got a couple of tickets and his insurance more than doubled. It took years before it again went down to a manageable level.

I do $500 comprehensive and $1000 deductible on the rest. Gone are the days when I had a $200 to $250 deductible.

I am also in Maryland, metro DC area. We have full coverage on all three cars (2010, 2012 and 2015) and I believe $500 deductible on each. Dh and I both used to commute 50+ miles each way but have not for a while because of the pandemic, so our mileage contributed to a little of the higher rates I’m sure. For the first few months we were getting about $100 credited back to us but they’re not doing that anymore. We have Allstate and do get a discount because our homeowners is also with them, and believe me, when each one of them got their license, my agent and I played around with who was listed as primary driver on each car to get the best rate possible.

 

[wannabee]

very state specific- our policy tripled when we added DS and a third car to DH and my policy. He has now been driving over 5 years and I was able to shop around and save some money.

 

[lorimt]

So, just wondering if your kids wait until 18 to get licenses, is the insurance lower? At this time, our 16.5 year old son could technically have his license already, but we are waiting due to general immaturity (he is autistic ). In our state, if you wait until 17.5 to get a permit, you can have anyone teach you to drive, rather than requiring a certified driver training school (my son will do better learning from me than a stranger). I'm just wondering how insurance rates will be at that point.

I think so. I think there was a small drop in price when DS turned 18 and an even bigger drop when he turned 21.