How Much Is Car Insurance A Month For A 21 Year Old

Our car insurance calculator takes these things into account when estimating your coverage needs. Although 21 year olds are paying.

Previously you must understand the background of insurance and get some How much is car insurance a month for a 21 year old references in other articles on this website.

Car insurance for a 19 year old driver is nearly 3 560 on average for a year of full coverage on their own policy.

How much is car insurance a month for a 21 year old. Car insurance for a 17 year old. The data reveal that approximately 13 7 of fatal traffic accidents are caused by a young driver between 21 and 25 years old. Average insurance rates go down by about 11 when drivers turn 25 but the discount from the extra year is not significantly higher than year to year changes in a driver s early 20s.

The cost of car insurance for 25 year olds is 3 207 per year or 267 per month on average. A 23 year old will pay about 300 less than a 22 year old 4 128 and about 250 more than the average 24 year old 3 597. You will pay less to your parents paying the difference than you will for a policy on your own.

On average car insurance costs 3 840 annually for a 23 year old or approximately 320 per month. That s about 51 per month for a 40 year old driver with good credit and a clean driving record ranging up to 90 per month for a driver with a recent dui for minimum coverage car insurance. Even gender and education level can cause one 21 year old s policy to differ from another.

Why do 21 year olds pay so much for car insurance. However this amount can vary greatly depending on the. How much is car insurance for a 21 year old per month and why is the price of car insurance so high.

Value of the vehicle. Previously we revealed the high probability that these customers will have an accident. Currently the average cost of a car insurance policy for a 21 year old is around 1 284 for six months of coverage.

Newly licensed drivers are expensive to insure. If you can stay on your parent s policy as long as possible to save money on car insurance. The bottom line car insurance rates for a 21 year old the national average cost for auto insurance for 6 months for a 21 year old is 1199.

More time driving can increase your risk of being in an accident so you may want to carry more coverage. That s more than 1 800 over the national average 1 758 for drivers age 30. Type of coverage being sought.

Car insurance for a 16 year old. The amount of time you spend on the road matters when determining how much coverage you may want to carry.

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