When it comes to car insurance for 17-year-old drivers, the cost can vary depending on the coverage levels chosen. On average, car insurance for 17-year-old drivers can cost around $1,886 per year or $157 per month for state minimum liability only coverage. Opting for 50/100/50 liability coverage can increase the average cost to $2,275 per year or $190 per month. For more comprehensive coverage with 100/300/100 liability and a $500 deductible for comprehensive and collision, the average cost jumps to $5,838 per year or $487 per month.

Coverage level Average annual premium Average monthly premium
State Minimum Liability Only $1,886 $157
50/100/50 Liability Only $2,275 $190
100/300/100 Liability with $500 Comp/Coll Deductible $5,838 $487

Average car Insurance rates for 17-year-old male and female: Decoding gender impact

Gender can also play a role in determining car insurance rates for 17-year-old drivers. On average, 17-year-old females can expect to pay around $5,168 per year for car insurance, while their male counterparts may face slightly higher rates at $5,838 per year.

Gender Average annual premium Average monthly premium
Female $5,168 $431
Male $5,838 $487

How average car insurance rates for 17-year-old vary by State

Car insurance rates for 17-year-old drivers can vary significantly depending on the state they reside in. For example, in Alaska, the average cost for car insurance for a 17-year-old is $4,797 per year, while in Alabama it is $5,972 . In other states like Florida and Louisiana, the average cost can skyrocket to $9,906 and $9,560 per year, respectively. On the other end of the spectrum, Hawaii offers the lowest average cost at $1,421 per year.

State Average annual premium Average monthly premium
California $5,693 $474

Low-cost car insurance for 17-year-old: Drive without breaking the bank

Finding affordable car insurance for 17-year-old drivers is possible. Some companies offer lower average annual costs, such as Island Insurance at $1,668 , North Carolina Farm Bureau at $2,693 , and American National Finance at $2,721 .

Comparing rates from multiple insurers is one of the easiest ways to find which insurer offers the lowest cost for 17-year-old driver and provides all the required coverage.

Company Group Average annual premium Average monthly premium
Island Insurance $1,668 $139
North Carolina Farm Bureau $2,693 $224
American National Finance $2,721 $227
Southern Farm Bureau $3,276 $273
USAA $4,006 $334
Geico $4,113 $343
Erie Insurance $3,872 $323
New Jersey Manufacturers $4,223 $352
American Family $4,262 $355
Western National Mutual $4,254 $354
Auto-Owners $4,322 $360
State Farm $4,393 $366
Nationwide $4,829 $402
Travelers $4,905 $409
Iowa Farm Bureau $4,187 $349
Mapfre Insurance $4,035 $336
Vermont Mutual $4,566 $381
Country Financial $4,845 $404
Safety Insurance $6,479 $540
National General Insurance $5,425 $452
Shelter Insurance $5,817 $485
The Hartford $6,420 $535
Frankenmuth Insurance $5,859 $488
Arbella Insurance $6,862 $572
Palisades $7,720 $643
Allstate $7,482 $624
Progressive $8,194 $683
CSAA Insurance (AAA) $7,512 $626
Farmers $8,228 $686
Kentucky Farm Bureau $7,967 $664
Amica Mutual $6,674 $556
Kemper Insurance $8,291 $691
Automobile Club MI (AAA) $6,933 $578
Chubb Ltd $8,242 $687
Safeway Insurance $7,969 $664
Westfield Insurance $7,908 $659
Oklahoma Farm Bureau $8,351 $696
Auto Club Enterprises (AAA) $7,647 $637
Mercury Insurance $10,418 $868
Sentry Insurance $15,436 $1,286
The Hanover $20,428 $1,702

The impact of adding a 17-year-old driver to a family’s existing auto insurance policy

Adding a 17-year-old driver to a family’s existing auto insurance policy can lead to significant savings compared to getting their own policy. On average, a 17-year-old driver can expect to pay $5,838 per year for their own policy. However, by adding them to their parent’s policy, the cost can decrease to $2,025 per year, resulting in savings of $3,813 . This option can be a more cost-effective solution for families looking to insure their young drivers.

Cost with own policy Cost with parent’s policy Savings
$5,838 $2,025 $3,813

Conclusion

Car insurance costs for 17-year-old drivers can vary based on coverage levels, gender, state of residence, and choice of the insurance company. Opting for higher coverage increases the average cost, while gender differences can also impact insurance rates. The average cost varies significantly by state, with some states having substantially higher premiums than others. However, affordable options exist, and it is possible to find lower-cost insurance for 17-year-old drivers by comparing rates from different insurers.

Additionally, adding a 17-year-old driver to a family’s existing policy can lead to significant savings compared to getting a separate policy. Families looking to insure their young drivers can consider this cost-effective option.

Methodology

CompuQuote commissioned 2022 data for Average car insurance rates for 17-year-old drivers from Quadrant Information Services for all 50 states and Washington, D.C. Rates are based on the following profile:

  • 17-year-old driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

CompuQuotes analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Information Services are for comparison purposes only; your rates may differ.

About the Author: CompuQuotes Editorial
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