Car insurance for a 21-year-old can be costly, as drivers under 25 face higher rates due to their risk profile. However, premiums drop significantly compared to teen drivers, averaging ~$385/month or $4,620/year. This guide explores car insurance costs for 21-year-olds, factors affecting rates, and tips to save. Compare quotes with Goodtogoinsurance to find coverage from ~$300/month. Start at insurance quote comparisons.
Young drivers, including 21-year-olds, are statistically riskier, accounting for ~13.7% of fatal crashes. Only drivers under 20 and over 65 have higher accident rates. Factors like inexperience, distracted driving (e.g., texting), and risk-taking behaviors drive up premiums. Learn about risk factors at young driver insurance.
Nationwide, 21-year-olds pay ~$385/month ($4,620/year) for full coverage, compared to ~$5,000–$8,500/year for 16–17-year-olds. Rates are lower than for teens but higher than for drivers over 25. With comparison shopping, premiums can drop to ~$300/month. Factors impacting costs include:
Explore coverage options at auto insurance coverage types.
Each year of driving experience lowers risk, reducing premiums. By 21, rates are more manageable than at 16–17, and by 25, they drop further. Safe driving and annual quote comparisons can accelerate savings. Check rate factors at credit and insurance rates.
21-year-olds can reduce premiums with these strategies:
Discover discounts at insurance savings opportunities.
Shopping around is critical, as insurers offer varying rates for young drivers. Steps to save:
Start comparing at online insurance tools. For military families, see USAA eligibility.
Beyond the tips above, consider:
Explore usage-based options at usage-based insurance.
Car insurance for a 21-year-old averages ~$385/month, but safe drivers can secure rates under $300/month by comparing quotes, maintaining good grades, and choosing practical vehicles. Enter your ZIP code with Goodtogoinsurance to compare 10+ insurers and save on coverage today.
Average rates are ~$385/month ($4,620/year) for full coverage, but comparison shopping can lower costs to ~$300/month.
They’re high-risk, with ~13.7% of fatal crashes, due to inexperience and distracted driving.
Compare quotes, raise deductibles, maintain a 3.0 GPA, drive a used car, and stay on a parent’s policy.
USAA (for military families) and Erie often have lower premiums for drivers under 25.