How Much Is Car Insurance for a 20 Year Old

Old enough to drive but not quite old enough to drink, 20-year-old drivers often find themselves in a unique position when it comes to auto insurance. Having spent a couple of years operating a vehicle, most drivers in this category have started to develop a driving history that insurance providers will look at when offering quotes for coverage.

Along with driving history, other elements can all play a role in the total price you pay for a policy, including location, gender, the type of car you drive, your driving habits, and your desired coverage limits.

Generally, finding a cheap car insurance plan is the ultimate goal; however, it can be difficult, especially for a young driver. That is one of the reasons it is essential to shop around at multiple insurance companies before purchasing a policy.

Insurify offers a platform that makes shopping and comparing quotes a simple process. Customers can view more than 20 quotes on the same page, making it easy to quickly review and select the coverage that works best for you.

Try the Insurify comparison tool and see what auto insurance policies you qualify for today.

Cheapest Car Insurance Companies for 20-Year-Olds
Average Car Insurance Rates by Age and Gender
How much does car insurance cost for 20-year-olds?
Cheapest Auto Insurance Discounts for 20-Year-Olds
Tips for Cheaper Car Insurance
Cheapest States for Car Insurance for 20-Year-Olds
Frequently Asked Questions
The Best Way to Compare and Get Cheaper Car Insurance

Cheapest Car Insurance Companies for 20-Year-Olds

Since insurance providers consider many things when setting rates, knowing which ones offer the most affordable coverage is important. Here are the top five auto insurance companies to consider when looking for cheap car insurance.

Insurance Company	Cheapest Monthly Quote
Farmers	$89
Direct Auto	$133
National General	$166
Progressive	$178
Dairyland	$224

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Average Car Insurance Rates by Age and Gender

Many things can affect the overall insurance rates a driver pays. For instance, gender and age are two factors that have a significant impact on cost. On average, a 20-year-old female will pay only $304 a month for coverage, while a 20-year-old male will pay $346 for the same type of coverage.

The main reason that male drivers tend to pay more than female drivers is due to statistics. Since young motorists don't have much driving history, insurance providers must rely on data when setting rates. Data shows that a male driver is more likely to participate in risky driving behaviors than a female driver, meaning their rates will be higher.

How much does car insurance cost for 20-year-olds?

Whether a full coverage car insurance plan or minimum coverage, 20-year-olds tend to pay more for coverage than drivers with more experience. The main reason for this has to do with the number of years behind the wheel. Younger drivers haven't been driving for as long and are more likely to have an accident.

This is one of the reasons why the national average monthly premium for a 20-year-old is $325. Factors such as location, type of coverage, driving history, vehicle type, and discounts will also play a role in determining the final rate.

Farmers

If you are looking for a provider with affordable coverage at a low price, then Farmers is one of the best car insurance companies on the list. Not only is the company a great option for drivers both young and old, but they also have a reputation for excellent customer service and great discounts.

A few of the discounts that Farmers Insurance offers to 20-year-old drivers include:

Good student discount
Defensive driving course discount
Bundling discount
Good driver discount
Homeowner discount

Direct Auto

Unlike other options on the list, Direct Auto specializes in offering coverage to drivers who are considered "high-risk" by other institutions. This makes them an excellent choice for drivers whose driving records have a few incidents on them or those struggling to find affordable car insurance elsewhere.

A few of the discounts that Direct Auto offers to 20-year-old drivers include:

Low-mileage discount
Homeowner discount
Safe driver discount
Multi-vehicle discount
Active military discount
Renewed policy discount

National General

National General may not have the lowest rates on the list, but it does offer several perks that make them a great choice to consider. For example, in many states, you can obtain coverage entirely online. The company also provides SR-22 forms for drivers who have had their driving privileges suspended.

A few of the discounts that National General offers to 20-year-old drivers include:

Paperless discount
Safe driver discount
Anti-theft device discount
Low-mileage discount
Multi-policy discount
Paid-in-full discount

Progressive

Progressive is a wonderful option for many types of drivers. Even though its rates can be higher than other providers', it makes up for this in other areas. Progressive provides an excellent user experience on its website and offers drivers a wide range of add-on options. It also has a good reputation for being a strong, financially stable insurance company.

A few of the discounts that Progressive offers to 20-year-old drivers include:

Paperless discount
Autopay discount
Safe driver discount
Multi-policy discount
Good student discount
Distant student discount

Dairyland

Dairyland makes up for its slightly higher premium rates with outstanding customer support and flexible payment plans. Known for leniency in covering high-risk drivers, Dairyland also offers 24/7 live claims support. Since the company provides only personal auto and motorcycle insurance, it can offer expert knowledge regarding coverage options.

A few of the discounts that Dairyland offers to 20-year-old drivers include:

Homeowners and renters discount
Anti-theft device discount
Multi-vehicle discount
Advanced quote discount
Defensive driving discount
Transfer policy discount

Cheapest Auto Insurance Discounts for 20-Year-Olds

Regardless if you are a 16-year-old driver or a motorist who has been driving for years, discounts are one of the best ways to get lower insurance premiums. Below are some of the best car insurance discounts for 20-year-olds to consider.

Discounts for 20-Year-Olds	How to Get It	Companies That Offer It
Good Student Discount	Usually, a GPA of 3.0 higher qualifies you for good student discounts.	GEICO, Allstate, Progressive, State Farm, USAA
Distant Student Discount	If you're starting college and leaving the car behind, you don't have to pay for insurance that covers you as if you're driving every day.	State Farm, Progressive, Allstate
Bundling with Home Insurance	If your parents own a home, ask them to make sure they're getting auto insurance and home insurance from the same place.	GEICO, Allstate, Progressive, State Farm, USAA
Driver Training	Ask your auto insurance company for qualifying classes in your area.	GEICO, Allstate, Progressive, State Farm, USAA

Tips for Cheaper Car Insurance

Even though younger drivers often pay more for an auto insurance policy, there are ways to lower the overall cost of car insurance. For example, teen drivers and 20-year-old drivers who are still in school may qualify for student discounts.

Below are a few other tips that may help you obtain affordable car insurance:

Shop Around for Car Insurance

Regardless of age, shopping around for car insurance can often be one of the most effective ways to save money. Each auto insurance company offers different discounts and weighs certain factors differently, making it more important to review multiple quotes before selecting an insurance provider.

Remain on Your Parents' Policy

Young adults who have the option to remain on their parents' insurance policy should take full advantage. Often, staying on a plan with your parents will be your cheapest option and can even give them a discount on their rates.

Drive an Older, Safer Car

Having a brand-new car may seem like the cool thing to do, but it may end up costing you more to insure. Many insurance companies will offer lower insurance rates on older vehicles because they are less costly to replace or repair should they be involved in an accident.

Select a High-Deductible Plan

Plans with higher deductibles can often result in a lower monthly premium. However, while it may save you money each month, you will need to pay more out of pocket before your insurance will cover any repairs or damages.

Keep a Clean Driving Record

Most insurance companies, including major carriers such as GEICO, Allstate, and State Farm, will offer lower auto insurance quotes to drivers who have kept a clean driving record for an extended period.

Maintain a Good Credit Score

Motorists often think that their driving record is the only thing that plays a factor in their monthly premiums; however, this isn't always the case. Having a good credit score can often get you a lower rate when looking for insurance coverage.

Cheapest States for Car Insurance for 20-Year-Olds

Location often plays a large role in determining the average monthly cost of auto insurance coverage for motorists. 20-year-old drivers who live in the following states will enjoy the low car insurance rates that come with their location:

State	Average Monthly Premium
North Carolina	$55
Hawaii	$89
Ohio	$101
Wisconsin	$116
Indiana	$120

Frequently Asked Questions

Many factors can play a role in the overall cost of insurance, such as location, driving history, age, vehicle type, and coverage limits for young drivers. 20-year-old drivers can expect average rates of $216 a month for a car insurance policy.
Finding affordable auto insurance is a goal for everyone, not just 20-year-olds. Often, in addition to car insurance discounts, one of the best ways to find cheap car insurance is to use a platform like Insurify that allows you to compare multiple quotes at once.
One of the most important criteria that insurance providers use to determine auto insurance rates is driving history. If a driver has avoided any accidents or incidents on their driving record, they can expect lower car insurance quotes. Those with a bad driving record are seen as riskier to insure and, as such, often pay a higher car insurance premium.

The Best Way to Compare and Get Cheaper Car Insurance

As a 20-year-old driver, you have many things to consider when looking at an auto insurance policy. It can be difficult to compare all the details of multiple quotes and determine which plan makes the most sense for you. Insurify helps make the process simple.

By providing a central location where you can review several quotes simultaneously, it becomes easy to see which plans offer the coverage you need.

Try Insurify today and find your perfect coverage plan.

How Much Is Car Insurance for a 20 Year Old

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