· The cheapest car insurance for new drivers under 21 years old is from Travelers, USAA and Progressive, according to WalletHub's quote analysis. Car insurance for new drivers under the age of 21 is expensive since they are considered high risk. This is because young drivers are more likely to cause accidents and commit other violations than older, more Author: Candace Baker. Data typically shows male drivers will pay more for auto insurance than female drivers because they’re more likely to engage in risky driving behavior. The average monthly premium for male drivers under 25 is $/mo. The average monthly premium for Estimated Reading Time: 10 mins. · In order to find out which companies offer the cheapest auto insurance premiums for young drivers in their 20s, we examined rates from five popular insurance companies in a collection of randomized ZIP codes in the U.S. (methodology). GEICO offers the cheapest rates for young drivers, with State Farm coming in a close www.doorway.rution: Senior Analyst.
Some good news: Insurance companies offer plenty of discounts for students and young drivers, and rates will get better over time with safe driving. Insurance rates become a lot more reasonable at. Most new drivers are young people getting behind the wheel for the first time, but to auto insurers, anyone without a recent driving record or insurance policy represents the same risk. See what you could save on car insurance. The cheapest car insurance for new drivers under 21 years old is from Travelers, USAA and Progressive, according to WalletHub's quote analysis. Car insurance for new drivers under the age of 21 is expensive since they are considered high risk. This is because young drivers are more likely to cause accidents and commit other violations than older, more experienced drivers. Cheap Car Insurance for New Drivers Under 21 Years Old.
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