Cheapest Auto Insurance for 17 Year Olds in Delaware

Deciding which companies have the best insurance rates for 17 year olds calls for a bit more work in order to find the lowest price. Each company uses their own calculation to set premium rates, so we’ll go over the insurance companies that tend to have lower prices in Delaware.

Best Insurance Companies for Teens

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USAA may offer some of the cheapest car insurance rates in Delaware at around $874 annually. Travelers, Nationwide, Atlantic States, and Titan also are some of the cheaper Delaware car insurance companies.

In the above rates, if you are insured with Atlantic States and switched to USAA, you may realize a yearly price reduction of about $418. Delaware drivers with Titan might save as much as $470 a year, and California Casualty policyholders might reduce prices by as much as $471 a year.

To find the cheapest auto insurance for 17 year olds in Delaware for your vehicle, click here to start your custom quote or quote prices from the following companies.

It’s important to note that these premium estimates are averaged for all types of drivers and the different vehicles they drive and and are not calculated with a rate increase for 17 year olds. So the insurer that is best for you may not even be in the above list. That helps illustrate why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.

When shopping for cheaper insurance for teen drivers, one of the many factors that insurance companies use to calculate rate quotes is where your residence is. More populated areas like Wilmington, New Castle, and Edgemoor tend to pay higher rates, whereas areas that are not as densely populated generally pay less for insurance.

The information below displays the most costly cities in Delaware for 17 year olds to purchase a policy in.

Rate quotes are approximated as vehicle location can alter premium rates considerably.

The illustration below illustrates how your deductible choice can raise or lower insurance prices when quoting cheap insurance for 17 year olds. The rate quotes are based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

A 30-year-old driver could lower their policy premium by $450 a year by increasing from a $100 deductible up to a $500 deductible, or save $676 by changing to a $1,000 deductible. Even younger drivers, like the 20-year-old, have the ability to save as much as $1,312 or even more just by choosing higher deductibles.

When increasing deductibles, it will be necessary to have enough spare savings to enable you to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.

How to find cheaper auto insurance for 17 year olds

It is possible to find better rates, and here are some of the recommended penny-pinching ideas that can help Delaware drivers quote lower-cost auto insurance.

• Bundle home or renters insurance to earn a discount on car insurance
• Good credit scores may make rates cheaper
• Avoid accidents and claims
• Do not pay for comprehensive and collision coverage on older vehicles
• Choose a safer vehicle and pay lower rates
• Compare rate quotes frequently

That last tip is highly critical, as was discussed in the prior information. Insurance rates change constantly, so don’t be unwilling to buy a different policy if a cheaper rate is available.

Having a favorite company is great, but we do not recommend it if that faithfulness ends up costing you hundreds of dollars a year. Take a few minutes and compare prices to find cheaper auto insurance for 17 year olds.

Cheap insurance quotes for teen drivers

You have a lot of ways to buy insurance in Delaware, but the most common are through an exlusive agent like Allstate or Liberty Mutual, a non-exclusive or independent agent, or direct from companies such as Progressive or Geico. They all have the same end result, but each is different in how they provide rate quotes.

Independent insurance agents are appointed by several companies and can do rate comparisons with every one. Independent agents are not employed by only one company and can provide multiple price quotes, which can help you get a better chance of finding cheaper coverage. If your agent finds a cheaper company, your agent can switch companies and you can keep the same agent.

Exclusive agencies are only able to give rates for a single company, two examples are a Liberty Mutual or State Farm agent. Exclusive agents normally do not have the ability to compare other company’s rates, so keep that in mind.

The third popular method of shopping for insurance is direct, which means you bypass an independent or exclusive agent and buy direct from companies such as Esurance or Geico. Buying insurance direct may be preferred by people who have fewer assets and have some degree of understanding of what insurance covers and what it doesn’t.

When shopping for insurance, which way works best to find the cheapest auto insurance for 17 year olds in Delaware? One answer would be buying direct saves money since that eliminates agent commissions, but in reality, that is not the case. We’d also like to say buying insurance from an independent agent can save the most money since there are more companies to choose from, but that assumption is also not accurate. And sometimes, exclusive agencies may have prices that independents and direct companies can’t touch.

Due to that fact that insurance uses so many rating variables, really the only way to get the cheapest rates is to get quotes and compare. Put in the effort to get price quotes from independent, exclusive, and direct in order to be able to find the lowest price. For a list of companies with cheap rates in Delaware, click here to view.