Who Has Cheap Car Insurance Quotes for 16 Year Olds in Idaho?

Finding budget car insurance is not the easiest thing to do, and figuring out which companies have the lowest-priced car insurance rates for 16 year olds requires additional perseverance. Coverage prices could be much greater than the average price in Idaho, with the increase attributed to the additional risk related to selling insurance for new drivers, but affordable insurance may be attainable if you compare enough rates.

Every auto insurer has a different formula to set their prices, so let’s begin by taking a look at the car insurance companies with the most affordable rates in Idaho. We do need to point out that Idaho car insurance rates are influenced by many factors which can substantially decrease or increase the policy premium. This is why it is so important to shop around when trying to get the most affordable auto insurance rates for 16 year olds. Insurance prices can be altered by many things and change substantially, so the most economical company two years ago may now be one of the higher cost companies.

Best Car Insurance Prices for Teens

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American National quotes some of the most affordable car insurance rates in Idaho at around $244 each year. USAA, Farm Bureau of ID Group, Oregon Mutual, and American Family also are some of the more affordable Idaho auto insurance companies.

As shown in the rates above, if you are currently insured with Oregon Mutual and switched to American National, you might realize a yearly savings of approxmiately $434. Drivers with American Family may save as much as $455 a year, and Travelers insureds might cut rates by $456 a year.

It’s important to note that these policy rates are averages for all types of drivers and the different vehicles they drive and and are not figured with a rate increase for 16 year olds. So the insurer that is best for you may not even be featured in the list of companies shown earlier. That point stresses why you need to get rate quotes using your own driver data and vehicle information.

When shopping for cheaper auto insurance for new drivers, one of the many things that helps auto insurance companies calculate car insurance rates is where you normally keep your vehicle. Areas that are more densely populated or have higher claim rates like Sandpoint, Idaho Falls, and Moscow tend to have more expensive car insurance rates, whereas areas that are not as densely populated generally pay less for auto insurance.

The table below shows the more expensive cities in Idaho for 16 year olds in which to purchase auto insurance.

Premium costs are estimated as the specific garaging location can revise premium rates significantly.

Tickets and at-fault accidents raise rates

The easiest way to obtain cheap car insurance premiums in Idaho for new drivers is to drive safely and avoid at-fault accidents and violations. The diagram below highlights how speeding tickets and at-fault fender-benders drive up auto insurance rates for different age groups. The rates are based on a married female driver, full physical damage coverage, $100 deductibles, and no discounts are applied.

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In the previous example, the average cost of car insurance per year with no violations or accidents is $1,426. Receive two speeding tickets and the average cost swells to $2,034, an increase of $607 each year. Now add one accident along with the two speeding tickets and the 12-month cost of car insurance for 16 year olds goes up to an average of $2,646. That’s an increase of $1,219, or $102 per month, just for not driving safely!

State Farm, Progressive, Allstate, and Geico: Who is best?

If you are shopping around for auto insurance for new drivers in Idaho, the most popular companies are State Farm, Progressive, Allstate, and Geico. The next table illustrates pricing and service ratings, plus some optional coverages offered by each one.