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The Best Cheap Auto Insurance for New Drivers

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The Best Cheap Auto Insurance for New Drivers

If you’re a young driver, car insurance can be one of the most expensive items on your budget. You’ll need to pay for coverage and then add in the cost of deductibles, which could be thousands depending on how new your vehicle is. Luckily, there are ways to get cheap auto insurance for young adults that won’t compromise quality coverage and may even save you money in the long run. Here’s what you need to know about finding affordable car insurance when you’re just starting:

What Should New Drivers Look for in an Auto Policy?

When finding the best cheap auto insurance for new drivers, you should look for a policy that provides liability coverage at a price you can afford. Liability coverage will protect you if another driver hits your car and causes an accident. It also covers any damage to other vehicles or property due to an accident involving your vehicle. 

Uninsured/underinsured motorist coverage helps pay for medical expenses when an uninsured motorist hits you and causes injury or death, or when an insured motorist is liable but cannot pay their bills due to lack of assets (underinsured).

Medical payments coverage pays some of your medical bills after a crash regardless of who was at fault, another driver, pedestrian or bicyclist, or even yourself. Medical payment coverage is usually part of personal injury protection (PIP). Still, it may be purchased separately in some states, so read all details carefully before buying this cheap auto insurance for new drivers. 

What Insurance Coverage is Required for New Drivers?

The minimum car insurance requirements for new drivers vary from state to state and may have exceptions. For example, some states require you to purchase liability coverage only, while others require you to purchase both liability and collision coverage. Therefore find out from particular states what works in their domain. 

Your car insurance requirements often change when new vehicles are added to your household or when a new driver joins the household. The main thing that changes is the amount of liability coverage required by law; this increases with each additional vehicle added to your policy. However, some states require higher levels of car insurance for certain types of vehicles (e.g., sports cars or luxury cars) or young drivers (e.g., younger than 25 years old).

The Best Cheap Auto Insurance for First Time Driviers

Cheapest Car Insurance for Young Adults

As a young adult finding the cheapest car insurance suitable for you, try to consider these:

  • Compare Prices

The first step in finding the best car insurance for young adults is comparing prices from a few companies. Use Insure Me’s comparison tool or any other insurance comparison tool to see rates from top insurers.

  • Find Great Value

A good quality policy should provide protection against paying out of pocket when your car is damaged or stolen and also deliver other benefits, such as roadside assistance and medical payments coverage (which helps pay expenses associated with an auto accident).

  • Consider Customer Service

After comparing rates with insurance comparison tools, contact each carrier by phone or email to request quotes specific to your vehicle, driving history, and other relevant details so that you can get a feel for how they will treat you as a customer before purchasing their insurance product.

  • Look for Discounts

Some companies offer special discounts to those who have taken a defensive driving course or earned their driver’s license through an accelerated program. You can also determine whether you qualify for any other possible discounts, such as having multiple policies with one company or being part of a family plan.

  • Look for Low-Cost Auto Insurance Companies

The safest way to find great rates is by researching online and reading customer reviews. It pays to be thorough when comparing insurance coverage options, prices, and services provided (such as roadside assistance). 

You must also read the fine print before signing on the dotted line. Oftentimes, there are conditions that apply regarding eligibility requirements and time frames when savings will apply. For example, if someone has had more than three speeding tickets within the past year, this would count against them; however, if they’ve been ticket-free, then perhaps switching providers could help lower their monthly payments even further. 

Best Cheap Auto Insurance for New Drivers

There are many auto insurance policies out there, but not all are good for new drivers, given the peculiarities of driving for new drivers. The Best minimum coverage Cheap Auto Insurance for new drivers includes:

  • Allstate (for under 25 yrs $1,205 and over 25yrs $395)
  • USAA (for under 25 yrs $1,390 and over 25yrs $712)
  • State Farm (for under 25 yrs $1,547 and over 25yrs $589)
  • Geico (for under 25yrs  $1,572 and over 25 yrs $950)
  • Nationwide (for under 25yrs $3,360 and over 25yrs $1,058)

The Bottom Line

We hope this article has given you some helpful tips on getting cheap car insurance, especially if you are a young adult. As you can see, there are many ways to keep your rates low without sacrificing quality coverage.

The best thing about these strategies is that they don’t require any extra effort on your part. Being smart about where you live and what kind of car you drive will automatically save money. 

Kevin Afoma Onwuagbanusi is a freelance writer and a graduate of Mechanical Engineering (BEng.) and Masters in Accounting (MSc) with 8+ years of experience writing across several niches, with a remarkable likeness to crypto, and personal finances, automotive, games, and technology.