How much is car insurance for a 25 year old?
If you’re between ages 22 to 25, your car insurance premium can average $43–$50 a month, according to Finder’s rate analysis. That’s a yearly cost of $520–$602 for liability-only coverage. Of these ages, 25-year-olds hold the cheapest rate because insurers often drop prices at this age.
Why does car insurance cost more for under-25s?
Unfortunately, car insurance costs more for drivers aged under 25 because, statistically, you’re a lot more likely to be involved in an incident and therefore make a claim on your insurance. What affects the cost of under-25s car insurance?
Do you pay more for car insurance if you are younger?
The truth is that no matter how good your driving record is, if you are under 25 you're most likely going to pay more for the same coverage as an older person. With car insurance being required in most stats your focus should be on getting the best coverage for the best price based on your age.