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Least expensive car insurance for teenage drivers in the U.S. 2016, by premium

This statistic shows the least expensive car insurance for teenage drivers in the United States in 2016, by annual premium. Chubb offered the third cheapest car insurance to teenage drivers at 3,607 U.S. dollars per year.

Least expensive car insurance for teenage drivers in the United States in 2016, by annual premium

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Source

Release date

November 2016

Region

United States

Survey time period

2016

Supplementary notes

The source adds the following information: "for the cheapest insurers, we acquired quotes from over 103 companies in 200 cities across the U.S. for a sample, 17 year old male driver who drives a 2011 Toyota Camry. We specified that he previously did not have insurance, and was opting for full coverage (see limits below). We restricted the top 15 cheapest companies to ones that were found in at least 25 cities nationwide. For adding onto a parent's policy, we assumed the parent was a 45 year old male, married, with no previous accidents or incidents in their driving record."

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