FAQ

What cars have the cheapest insurance for young drivers

cheapest sports cars to insure

indisputably, sports cars are more expensive than the average car. this cost is because sports cars have more demanding requirements to compete against other cars, so it is also expensive to insure one. Below are the 10 cheapest sports car models to insure annually. the cheapest is the 2017 mazda mx-5 miata, which costs an average of $1,284, while the tenth cheapest is the 2018 subaru wrx sti, which costs an average of $1,688.

cheapest car models to insure

Car brands have upped their game with the different car designs they have released over the years and as we approach the middle of 2022, car brands have created lists of their car models. older cars to newer ones that are highly recommended for their performance and price. . Below is a chart showing statistical data on the cheapest car models to insure in 2022.

Reading: What cars have the cheapest insurance for young drivers

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subaru outback is one of the cheapest suvs to insure at a starting price of $1392. the toyota rav4, one of toyota’s 2022 compact suvs, has set the standard for being the most expensive suv to insure at a price of $1,555.

However, the insurance price rates for these car models vary in the different states of the United States, as well as the driver’s demographics and driving history.

cheapest bmw to insure

the bayerische motoren werke (bmw) is a famous german multinational brand known for its production of luxury cars and motorcycles. In addition, the BMW brand has grown over the years and continues to produce high-performance vehicles suitable for consumers of all ages and desired driving comfort.

bmw also offers competitive insurance rates for its customers. The average price range for BMW car models starts at $186 per month and $2,220 per year.

Vehicle owners should know that BMW cars are among the cheapest luxury cars to insure, depending on the BMW car model. bmw customers should also keep in mind that the average cost of insurance does not take into account additional features such as security features that support anti-theft, especially since bmw is a popular luxury car, among other great advantages of other features additional.

The cheapest BMW to insure is the BMW 328i, averaging $150/month or $1,800/year across all models. The cheapest BMW 328i to insure is a 2007 BMW 328i, with insurance costing an average of just $85 a month, or $1,000 a year.

You can find a full breakdown of the cost of BMW 328i insurance by year in our BMW Insurance Costs investigation.

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for your convenience, below you will find the list of the cheapest to the most expensive bmw models to insure:

cheaper audi to insure

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another type of german luxury car is the audi ag, known for its association with the volkswagen group, this respected car manufacturer is famous for its luxury car designs, engineers, products and vehicles. Like the BMW, the Audi brand is another type of luxury car that comes with an expensive insurance price, with new and different luxury cars being produced and currently in production.

In addition, Audi companies offer insurance prices to consumers so that they are aware of the expenses that car insurance may cover. The average insurance price rate for Audi car models ranges from $150 to $200 per month. Rather, the annual insurance rate varies due to the different features that different Audi car models contain.

Below is a table offering the different Audi car models ranging from cheapest to most expensive to insure in 2022.

the cheapest audi car model to insure is the audi a3 which has an average base price of $31,200 and a monthly insurance rate of $191. As for the most expensive Audi car model to insure, the Audi R8 has an average base price of $162,900 with a monthly insurance rate of $197.

cheapest cars to insure for teen drivers (2022)

Do you remember when you were a teenager? things were probably a bit simpler. cars were cheaper, you could buy cash with a part-time job, and maintenance was affordable. today, however, the story is completely different. In fact, getting a vehicle in today’s ever-expanding car market is next to impossible unless you have a near-perfect credit score, are willing to put down massive amounts, or choose an affordable car for your teen insurance policy. .

That said, however, there are still a number of different affordable car models you can choose from for your teen. The vehicles discussed below are all new 2022 cars that include the latest safety technology, which will not only give you peace of mind, but can also lower the cost of your teen driver insurance!

In this section, we’ll look at the cheapest cars parents/guardians can buy for their teen drivers without spending an arm and a leg on insurance.

quick stats on teen drivers and car insurance

Before we get into our detailed list of cheap cars for teens to insure, let’s take a couple of minutes to go over some quick stats on teen drivers and teen driver insurance. Many parents are caught off guard, not knowing exactly how expensive teen driver insurance is. they often refer back to when they were teenagers and how cheap and “affordable” their insurance policies were. the only problem is that that was a long time ago.

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Today, teenage drivers are much more likely to be in an accident than experienced adult drivers who tend to be more aware of the road around them. Even with today’s advanced automotive safety technology, finding solutions to the age-old problem of keeping young teens safe on the road is still far from a reality.

For example, teen drivers between the ages of 15 and 20 account for more than 8% of all accidents in the United States. To give you a better perspective, drivers between the ages of 15 and 20 represent 5.5% of all drivers in the United States. that’s an incredibly high number of accidents compared to a relatively small group of drivers.

of teens who die from injuries or being involved in a car accident, almost 20% of them are drunk drivers and 50% of them were not even wearing a seat belt. the remaining 30% appeared to die of natural causes related to their injuries.

As you are probably already thinking, teenagers are a very risky group of humans to insure. there’s a good chance they drink or smoke and drive, or don’t care enough about their lives to follow routine safety procedures…until it’s too late.

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This is why insurance companies regularly charge double or even triple the premiums to insure teen drivers than adult drivers. they’re gambling and hoping their teen doesn’t do something stupid or make a rookie mistake.

best cars for teen insurance

One of the best methods you can do to reduce the price of your teen driver’s insurance is to buy a car that is cheap to insure for the high-risk drivers that they are. According to Geico, more than 25% of 16-year-old drivers crash a car during their first year of ownership. this means that usually the best idea is to get them an old used vehicle or buy a new 2020-2022 vehicle that is fully insured and comes packed with safety features.

Now, we’ll show you our list of the 4 best teen cars, insurance for new and young drivers that will help you save money on your teen driver’s insurance while providing top-notch safety features. which, hopefully, reduce your chances of being involved in a fatal car accident.

#1- the mazda miata

the mazda miata has been around since the late 1990s and is the only convertible car offered by japanese automaker mazda. today, the model is as strong as ever. the only real difference is that today’s miatas have better suspension, more fuel-efficient engines, a slightly larger body structure, air conditioning, and electronically controlled convertible switches.

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The average cost to insure a teen in a new 2022 Miata is $2,580 per year, which translates to about $215 per month for a full-year auto insurance policy. not only is it affordable, but what teenager doesn’t like the idea of ​​riding around in a convertible?

#2-volkswagen golf

The original Volkswagen Golf was launched in 1974 and was designed to be a more “regular” replacement for the iconic Beetle. it featured a larger trunk, more headroom, and a more aerodynamic shape. Although production was temporarily discontinued, they recently restarted the brand in the United States and it has since become one of the most popular economy hatchbacks on the market.

The average cost to insure a teen driver on a VW Golf is $2,671 per year, or $223 per month, for the sporty GTI model.

#3- subaru interior

the subaru outback is a classic family sedan that has been making waves for decades. It’s powered by Subaru’s ultra-reliable “boxer” engines, has a reputation for lasting forever, and is packed with safety features. it has plenty of trunk space, roomy seats, and features an all-wheel drive setup so you never have to worry about your teen getting stuck in the mud.

The current average price for a teen driver for full coverage insurance on a Subaru Outback is $2,695 per year, which translates to about $225 per month. not bad for an iconic car like the outback!

#4- toyota siena

While the Toyota Sienna may be known for being something of a “soccer mom car,” it’s a great choice when it comes to your teen driver. Not only will your teen driver have plenty of room to carpool with his or her friends, but you’ll also have peace of mind knowing your teen is driving with Toyota’s award-winning vehicle safety features. The current price to insure a new 2022 Toyota Sienna Minivan is $2,758 per year, which works out to $230 per month.

cheapest used car to insure for teenager

The cheapest used cars to insure teen, young and new drivers on a parent policy are Subaru Outback and Mazda CX-3. here’s more info:

– fees vary based on multiple factors

read more: toyota corolla insurance cost

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