How much is car insurance in USA
If you are wondering how much is car insurance in USA the answer is that it really depends on several factors. Bear in mind that the cost of insurance is not fixed and insurance companies may impose different rates depending on the state, gender and driving history.
Determining Auto Insurance Rates
Whether the insurance is for teenagers or adults, the rate is determined by many factors such as prior accident claims, driving history and even where you live. Getting insurance for teenagers can be expensive but the cost will go up even more if the teen has driving violations and they drive an expensive sports car. If you are going to choose state to save money and compare all insurance offers in your city you need to take those factors mentioned into account. Almost all states allows teenagers to obtain their licenses at the age of 16 or thereabouts, but they don’t have any driving experience and don’t have any history of insurance that the insurance company can use to determine their capability. In short, these companies are going in “blind”, so the rates for teenage drivers are sometimes twice as high as those for adults.
If you are going to choose state to save money and compare all insurance offers in your city you need to keep in mind that gender plays a role in determining the cost of insurance, with males ages 16 to 25 costing more to insure. The reason is that males drive their vehicles more frequently than females and thus more susceptible to risks. 16 year old female drivers are less likely to drive in poor weather conditions and unlike males, are less likely to drive after drinking. On the average, male 16 year olds drive faster than females and therefore more accident prone, so keep that in mind when assessing how much is car insurance for a 16 year old.
How to Bring the Insurance Cost Down
If you are going to choose state to save money and compare all insurance offers in your city you need to consider the many ways you can lower the cost. One way to do this is to have good grades. If a 16 year old can show evidence that they have at least a B average, the premium will be reduced by up to 5%, and in certain states a higher average will will get you a 10% premium reduction.
Another way to lower insurance for 16 year olds is to have the same insurance as their parents. When you are trying to calculate how much is car insurance for a 16 year old note that companies usually offer promos and discounts when you take multiple policies from the same company, so this is worth considering. In addition, the type of car a teenager drives affects the cost, with sports cars costing more than regular, safe cars, so stick with autos that have plenty of security features.
Choose your state above and you will see average car insurance cost in your city.