For over two weeks, we researched, compared and evaluated the best nationwide health insurance providers. We looked at plan options, premiums, availability and apps. Another important aspect of selecting an insurance provider is customer service, so we also figured out how responsive each company is. While everyone has different healthcare needs, the companies we recommend are reputable and reliable.
At Progressive, drivers' rates drop by an average of 10% when they turn 18 and another 16% at 21. As your teenager becomes more experienced and avoids tickets and accidents, the price should keep going down. Remember, teen drivers are also eligible for the Good Student Discount and can participate in Progressive's Snapshot® program, which decreases the rate for safe, low mileage drivers.†
Cost is another major consideration you’ll have when choosing the best car insurance company for you. After all, you need insurance you can afford. While you should compare rates from several companies, make sure you’re comparing rates for your situation. Insurance companies can charge drastically different rates depending on a person’s age, gender, driving record, credit history, ZIP code, the number of miles they drive per year, the value of their car, and other factors. It makes no sense to compare rates for a 16-year-old male from one company with the rates for a 60-year-old female from another – especially if you’re neither a 16-year-old male nor a 60-year-old woman. It’ll take some time to gather quotes to compare rates, but rates can vary by several hundred or even a few thousand dollars per year from company to company. The time you spend can pay off in the end. When comparing rates, make sure you consider any car insurance discounts you may qualify for.
Really cheap car insurance companies will find any excuse they can to make more money out of you. Whether that is because you have gone above your estimated mileage, moved to a different area or changed your vocation, your insurer will try to find a way to charge you more. Sometimes this can be just a small fee for the administration costs of altering their records. Some very cheap car insurance providers will give you a better overall customer service and not charge you at all. You typically never know until that time comes that you have to tell them about a change of circumstances. If you don’t inform them for whatever reason, either you thought you would try your luck, or just plain forgot all about it, you may run into problems should you have to make a claim and it’s later proven that a critical factor was kept from the insurer. Make sure you read your very cheap car insurance policy terms and conditions to be clear on your obligations.
Consider driving a slightly older vehicle. Premiums are often lower for older vehicles – and certainly are lower than they are on the latest model of sports car. But given that the crash rate for teen drivers is almost twice that of other adult drivers, don’t skimp on safety: really old cars can sometimes lack the safety features that are essential to protect new drivers on the road in the event of an accident. At the minimum, make sure the vehicle has working airbags and a recent safety inspection from a reputable mechanic.
Hi Eric – What you’ve seen is not an unusual situation. A company that’s good in one state isn’t in another. Liberty Mutual worked for you in California, but not in Florida. This is why it’s not possible to say one company is the best. That will vary by state and by your own personal profile. That’s why we produce these “10 Best” lists, to give you companies to investigate.