· For drivers in most age brackets, male and female car insurance rates are similar: on average, women pay $ per six-month policy, while men pay $ For young drivers, however, gender and car insurance tell a different story. Men younger than 20 pay an average of 14% more per year for car insurance than do women in the same age bracket (methodology here).Author: Ava Lynch. rows · · Automobile insurance rates continue to go up, especially for teenage and . · The best cheap insurance companies for young drivers. In order to find out which companies offer the cheapest auto insurance premiums for young drivers in their 20s, we examined rates from five popular insurance companies in a collection of randomized ZIP codes in the U.S. (methodology).GEICO offers the cheapest rates for young drivers, with State Farm coming in a Occupation: Senior Analyst.
Insurance for young drivers is typically high because they're less experienced on the road, and are statistically more likely to be involved in an accident than older drivers. Just take these stats cited road safety charity Brake: drivers aged make up just % of UK licence holders, but they're involved in 9% of serious and fatal. For drivers in most age brackets, male and female car insurance rates are similar: on average, women pay $ per six-month policy, while men pay $ For young drivers, however, gender and car insurance tell a different story. Men younger than 20 pay an average of 14% more per year for car insurance than do women in the same age bracket (methodology here). What are the best cars for new drivers? Ford KA () Citroen C2 () Toyota Aygo () Peugeot () Honda Jazz ().
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