Best average rates for adding a teen driverĭid you know? Teen drivers are 4 times more likely to get in an accident than older drivers. You may also be able to score a discount for vehicles with certain safety features, like backup cameras or lane assist sensors. Cars with lane departure and blind spot sensors tend to benefit teen drivers, according to a study by The Insurance Institute for Highway Safety. Many companies offer discounts to teen drivers who maintain good grades, or to college students who leave their vehicle at home while they’re living on campus. The best car insurance company for teen drivers is American Family.Īmerican Family policyholders who add a teen driver to their car insurance policy pay an average of $1,556 per year.Ĭar insurance companies tend to raise rates when you add a teen to your policy, as teens are less experienced drivers and therefore pose a higher risk. Rates reflect the average of rates for men and women between ages 60 and 80.īest car insurance for teen drivers: American Family
Best liability-only car insurance companies A liability-only car insurance policy does not include any additional coverage, like personal injury protection (PIP) or collision and comprehensive coverage. Liability insurance is required in most states and pays for the other party’s injuries and property damage if you’re at fault for an accident. Both offer liability coverage below the national average and receive a 5-star rating in our analysis.Īuto-Owners has the cheapest liability-online coverage, with an average rate of $404 a year, though USAA only trails slightly behind with an average rate of $466 a year. The best car insurance for liability-only coverage is sold by Auto-Owners and USAA. Best cheap liability-only coverage: Auto-Owners and USAA It has the lowest number of consumer complaints among the insurers we analyzed, based on data from the National Association of Insurance Commissioners (NAIC) complaint index. The customer experience may be another reason to consider American Family. That means a $500 deductible can go down to $0 if you’re claim-free for five years. With the AmFam diminishing deductible, you get a $100 credit at the start of your policy (or $50 for 6-month policy terms), and every year you go claim-free your deductible decreases by $100, with a maximum credit of $500. AmFam also offers optional coverages and add-ons, such as accident forgiveness, new car replacement and a diminishing deductible.
However, the insurer offers a slew of discounts to help drivers score lower rates. With an average annual rate of $2,176 per year for good drivers, AmFam isn’t the cheapest car insurance company in our analysis. The best car insurance company is American Family (AmFam), according to our analysis. Compare rates offered by participating partners
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