Shopping for the cheapest Car insurance for males under 25: How to keep your premiums down and what to be aware of when buying auto insurance.
Finding cheap car insurance as a young adult can be a challenge, but if one is willing to do the research, there are deals to be found. The go ahead rule is that as drivers age, rates tend to go down, given the decreased likelihood of an accident happening. Which raises the awkward questions, so where should you shop for car insurance if you’re between the ages of 16 and 25?
Cheap Insurance Rates for Young Drivers
Young drivers pay substantially more for car insurance coverage because they lack driving experience. While drivers in their early 20s will find more affordable options than teenage drivers, they still pay more for auto insurance than older drivers in their 30s and up.
Why car insurance has a higher premium for males under 25
- Young male drivers have the highest insurance rates in every state, making it harder to find the best car insurance for under 25 male drivers.
- Male drivers under 25 are shown to get into accidents more frequently and participate in risk-taking driving activities.
- Shopping around for rates and practicing safe driving habits can help male drivers under 25 save on insurance rates.
The best advice that can be made for young male drivers to get the lowest insurance premiums for 25-year-old males is to practice common sense behind the wheel. Avoid driving with alcohol in the vehicle, don’t drive while intoxicated, always wear a seat belt, and avoid any cell/smartphone usage while driving any car.
The tables below show the cheapest car insurance for males under 25 and between 17 years old.
Cheapest Young Driver Insurance for 25-Year-Olds
So how much is auto insurance for males under 25? What are the average auto insurance costs for a 23-year-old male? We partnered with Quadrant to show you the average rates for auto insurance for 25-year-old males. For drivers under 25, car insurance can be pricey. Take a look at the table below.
Research your options
If you are under 25, cheap car insurance can be found by shopping around for the best rates. Joining a parent’s policy will save young drivers a significant amount. But, if you are getting pressure to get off your parents’ policy and buy your own, you need to know that it’s going to cost you.
Your best bet is to get multiple auto insurance quotes because each carrier will give you a different rate based on their risk criteria.
Auto insurance companies that work with you if you meet certain criteria
Unless you have multiple speeding tickets, DUIs, multiple car accidents, and claims, you might be surprised that some of the most well-known companies have the cheapest auto insurance rates for college students and males under 25.
Some insurance companies (like Allstate, Farmers, and State Farm) offer safe driver discounts and good student discounts. If you are a male under 25 years old, these are good ways to obtain cheap auto insurance for young drivers.
Allstate has been around for a long time and provides multiple resources for young drivers and may cut deals depending on your zip code and driving history.
As one of the most comprehensive insurance companies, Progressive is rated high for being flexible. They want everyone to be their customer and have great customer satisfaction ratings. In fact, Progressive is considered to be one of the best-priced providers.
Geico is another all inclusive auto insurance company. They, too, have great customer service ratings and are very competitive, providing some of the cheapest quotes in the industry. They’re known for matching and beating their competitors.
You might want to check The General out as well to round off your comparison. Their niche is high-risk drivers. If you’re male and under 25, they might be your best option for an insurance policy.
How can male drivers under 25 save on insurance rates?
Except for Iowa, every state in the country on average has higher auto insurance rates for men. This is because women are seen as being more sensible drivers. While you may be tempted to think this is sexist, statistics bear this out, showing that young female drivers typically have less driving offenses and drive more sensible cars (presumably cause young men drive flashier cars to attract said females).
Since women drive less expensive cars than men on average, the cars they drive present less financial liability to an insurer. Twice as many men have speeding tickets and DUIs on their records than women.
A study by the Insurance Institute for Highway Safety (IIHS) found that twice as many men than women die in car crashes every year. The IIHS says this is due to men’s risk-taking behavior, such as speeding, not wearing seatbelts, and driving while drunk.
With this in mind, the best thing for a young male driver under the age of 25 is to set a good example. Driving safely will reduce the likelihood of getting multiple speeding tickets and other traffic violations. Which corresponds to lower premiums when you come to renew your annual car insurance policy.
Driving safely includes avoiding texting or making phone calls while driving, not driving drunk, and always wearing a seat belt. Which all responsible drivers should do irrespective of age!
