Can I Get Good Car Insurance If I'm Under 25


Can I Get Good Car Insurance If I Am Under 25?

The short answer is yes, drivers under 25 years of age are not restricted in what kind of coverages they can get on an auto policy. While age is not a factor in what coverages a driver can get, it does factor in the cost of the insurance policy. Saving money is important regardless of age, let’s take a look at some of the ways a driver can save money, but also be protected.

Annual Cost for Young Drivers

Annual auto insurance costs are generally higher for drivers under 25-years-old due to them being classified as “Young Drivers”. This is due to the fact that younger drivers are generally seen as high risk.

“Teens aged 15-20 without driver education are responsible for 91% of teen driver crashes” (Source)

Naturally, these young drivers will see their cost of insurance go down when they turn 25 years old as they will no longer be classified as such. Insurance companies will then view these drivers as a lower risk, therefore lowering the annual cost of coverage.

Young Driver Discounts

Many young drivers find it as a surprise that there are a variety of discounts that can be applied to their insurance policy in order to help bring their costs down. Although insurance companies view drivers under the age of 25 as higher risk the following are discounts that can be applied to bring your total cost down.

  • Good Student Discount
  • Safe Driving Discount
  • Bundled Policy Discount
  • Work-Related Discounts

Best Coverages for Young Drivers

To begin with, legally a driver is required to have auto liability insurance in most states, which pays for the expenses of the other part in the case of an accident. There are some cases in which states require additional coverages which include uninsured motorist, in the case your vehicle is hit by a driver without insurance or personal injury protection, which helps pay for your medical bills in case of an accident. If you have a leased or financed vehicle, comprehensive and collision insurance could be required.