Car Insurance For Teens & Young Drivers: Cheapest and Best Companies in 2022. GEICO, Allstate and State Farm offer the cheapest car insurance for teens. Allstate, State Farm and USAA offer the best car insurance for teens, depending on your unique needs and preferences.
Who normally has the cheapest car insurance?
State Farm and Geico are the cheapest major car insurance companies in the country. State Farm offers an average rate of $41 per month for a minimum liability policy, which is 29% cheaper than the national average.
At what age is car insurance cheapest?
Once young drivers gain more experience and hit age 25, their car insurance costs drop about 33%. Costs continue to generally decline with each birthday. Once drivers reach age 50, they'll see their best rates. Around age 60, however, auto insurance costs begin to increase and compare to what drivers see in their 40s.