Reviewing the quotes of several car insurance companies and comparing discounts and types of coverage can help you find the right policy for your needs. Most insurance companies offer discounts on car insurance to students to help offset the increase in premium you're likely to experience after adding your 17-year-old driver. The table below illustrates the average annual premium for car insurance with full coverage for 17-year-olds by state. As such, your premiums may be lower than when you first got your license, but your average car insurance costs are still significantly higher than average.
Finally, be sure to get quotes from several different car insurance companies and compare your options. Car accidents can happen to anyone, but a reliable car insurance plan will protect you financially. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. Each geographic area of the country also has its own statistics on the volume and severity of car accidents, the cost of car repairs, and the likelihood of weather-related damage.
Car insurance for young drivers is much more expensive than for drivers who have more experience, for several reasons. As drivers age, accumulating a good driving record and a history of timely payments, the cost of car insurance will decrease. Since car insurance can be expensive for 17-year-old drivers, finding a cheap car insurance company may also be important. In New York, all drivers are eligible for a discount on their car insurance if they take a defensive driving course.
Here's how much it costs to take out car insurance at age 17 in New York, and how you can save money on it. Teens under 18 are minors and can't buy their own car insurance policies in most cases, so 16- and 17-year-olds are likely to have to be listed on an adult's car policy.
