How Much Is Insurance For A Sports Car For A 16 Year Old?

What is the cheapest car to insure for a teenager?

10 cheapest cars to insure for teen driversToyota Prius – $24,200.

Honda Accord (2-door and 4-door) -$21,955.

Mazda 6 – $21,190.

Ford Fusion – $20,795.

Mitsubishi Outlander – $22,995.

Nissan Rogue – $22,790.

Subaru Outback – $23,495.

Subaru Forester – $22,195.More items….

Why is teenage insurance so expensive?

Why is insurance so expensive for teenage drivers? … The cost of auto insurance varies from one group of drivers to another because some groups have worse driving records, higher accident rates and more costly accidents than others. The highest insurance rates are paid by any male driver under the age of 25.

How much does it cost to add 16 year old to insurance?

Adding a 16-year-old teen to your policy will increase your rates, on average, by about 130% to 140%, or an extra $2,000 annually, according to CarInsurance.com rate data.

Is car insurance more expensive for 16 year olds?

Car insurance is much more expensive for 16-year-old drivers than nearly anyone else because they are more likely to get in accidents than older drivers. According to the Centers for Disease Control and Prevention, teen drivers under 20 years old are three times more likely than other drivers to get in a fatal crash.

What is the average car insurance payment for a 16 year old?

about $2593 per yearThe Average Annual Insurance Cost for a 16-Year-Old is $2593 The average 16-year-old driver in the United States will pay about $2593 per year in insurance, assuming they are on their own insurance policy (not their parents) and buy the state minimum in coverage.

What is the cheapest insurance for a 17 year old?

The cheapest cars to insure for 17 year oldsCarAverage annual premium*1Toyota Aygo£697.422Hyundai I10£724.693Volkswagen Up!£739.514Citroen C1£757.906 more rows•Sep 7, 2017

What is the best used vehicle for a teenager?

2020 Best New and Used Cars for Teens2016 Toyota Prius | Best Used Small Car for Teens.2017 Hyundai Tucson | Best Used Small SUV for Teens.2016 Toyota Camry | Best Used Midsize Car for Teens.2017 Kia Sorento | Best Used Midsize SUV for Teens.2017 Kia Cadenza | Best Used Large Car for Teens.

What is the best car for a 16 year old?

The best cars for teenagersHonda Civic (2012-2016) … Toyota Camry (2012-2014) … Hyundai Sonata (2011 or newer) … Nissan Altima (2014 and newer) … Toyota Prius v (2012-13) … Ford Focus (2015-2017) … Subaru Forester (2009-13)

Is a BMW a good first car for a teenager?

It really is hard to not feel cool as a teenager driving a sporty BMW coupe. The 1 Series is the perfect car for that, as it’s small, awesome looking, drives fantastically and is more than fast enough to be fun, with either engine option. Most teens would go for the BMW 128i, which is probably for the better.

What is the best auto insurance for teenage drivers?

Best Car Insurance for TeensProviderBest ForAllstateBest for College StudentsState FarmBest Student DiscountsProgressive InsuranceBest for Good DriversNationwideBest for Accident Forgiveness2 more rows

What is the cheapest insurance for a 16 year old?

Average cost of car insurance for 16-year-olds Hawaii is the cheapest state for both full and minimum annual coverage policies for 16-year-olds because the state doesn’t allow the use of age to price car insurance.