Why is Insurance More Expensive for New Drivers?
Insurance companies view new drivers (especially teens) as high-risk due to their lack of experience on the road. Statistically, new drivers are more likely to be involved in accidents, which leads to higher premiums.
Top 3 Providers for New Drivers
| Provider | Best For | Typical Discount |
|---|---|---|
| State Farm | Student Discounts | Up to 25% |
| Progressive | Safe Driving App | Avg. $145/yr |
| GEICO | Budget Premiums | Multi-policy |
How to Lower Your Rate as a New Driver
- Good Student Discount: Most carriers offer 15-25% off for B-average students.
- Drive a Safe Vehicle: Older sedans with high safety ratings cost less to insure than sports cars.
- stay on a Parent's Policy: Bundling is almost always cheaper than a standalone policy.