Cheapest Car Insurance for 21-Year-Olds

For 21-year-olds, GEICO provides the cheapest minimum liability car insurance among national providers, with an annual cost of approximately $792 — about 13% lower than the average for family policies. If available in your region, Concord Group or Auto-Owners may offer even lower rates.

Rates are for a family policy for both male and female drivers with clean records and good credit insuring a 2012 Toyota Camry.

The cheapest full coverage auto insurance for 21-year-old drivers on a family policy is offered by Concord Group, with an annual cost of $1,080, though it has limited availability. On a national scale, Nationwide, GEICO and Travelers are among the most budget-friendly providers.

Rates are for a family policy for both male and female drivers with clean records and good credit insuring a 2012 Toyota Camry.

Based on your state, car insurance rates for a 21-year-old on a family policy can range from $38 to $224 per month. Below, we provide a breakdown of the most affordable insurers for this age group by state.

Rates are for male drivers with clean driving records and good credit insuring a 2012 Toyota Camry with minimum coverage.

Because of higher accident risk, 21-year-old male drivers usually face higher insurance premiums compared to their female counterparts. Below, we outline the most affordable national providers for both men and women in this age group.

Travelers provides the cheapest national car insurance for 21-year-old women, offering an average annual savings of around 8% compared to average rates. Female drivers at this age generally enjoy lower insurance premiums than their male peers, as statistics indicate that young women are involved in fewer accidents.

Rates are for female drivers with clean driving records and good credit insuring a 2012 Toyota Camry.

GEICO provides the most affordable monthly rate for 21-year-old male drivers at $66 when included in a family policy. However, Concord Group and Auto-Owners may offer even lower rates for those who qualify. Men typically face higher premiums than women due to their statistically higher risk of being involved in accidents.

Rates are for male drivers with clean driving records and good credit insuring a 2012 Toyota Camry.

When purchasing a new car for a teen driver, think about adding them to your policy with the safest and most affordable car to insure. Below, we’ve listed the most budget-friendly models by vehicle type for 21-year-old drivers.

Rates are for drivers with clean driving records and good credit.

On average, annual car insurance costs for 21-year-olds are approximately $912 for minimum coverage and $1,956 for full coverage. Keep in mind that these averages apply to drivers with clean records and good credit — your actual rate may differ based on your individual driver profile.

Below, we’ve compiled the average costs for adding 21-year-old male and female drivers to a family policy, categorized by coverage level.

Liability limits expressed above (e.g., 100/300/100) refer to bodily injury liability per person, bodily injury liability per accident and property damage liability per accident, respectively. Numbers expressed after these limits are deductible amounts for both collision and comprehensive coverage.

Average car insurance rates by state can vary widely, ranging from $31 to $418 per month for 21-year-old drivers. These variations are influenced by location-specific factors like crime rates, weather conditions and population density. To help you estimate costs in your area, we've included average state rates in the table below.

Car insurance for 21-year-olds is expensive because they are considered high-risk drivers. While 21-year-olds still fall into the high-risk category, they typically pay cheaper premiums compared to younger drivers. Teens, particularly those aged 16 to 19, have higher rates of accidents and violations, with fatal crashes nearly three times more common than among older drivers. Risky behaviors such as nighttime driving, speeding, distractions and failing to wear seat belts contribute to these elevated rates, especially among male drivers.

Twenty-one-year-old drivers face some of the highest car insurance premiums compared to other older age groups. Luckily, there are ways for 21-year-olds and their families to reduce these expenses. Below are our recommended steps for securing the most affordable coverage:

Car insurance for 21-year-olds can be costly, but young drivers and their families can find more affordable coverage by comparing quotes, staying on a family policy and taking advantage of available discounts. GEICO and Nationwide are often the most affordable options among national providers for 21-year-old drivers, but shopping around is crucial for finding the best rate.

Finding affordable car insurance for 21-year-olds can be challenging due to the risk factors that contribute to higher premiums for this age group. To help, we've addressed some of the most frequently asked questions on this topic:

MoneyGeek used a sample driver profile to determine national and state averages for vehicle insurance for 21-year-old drivers. Using this information, we assist readers in selecting the best policy at the lowest price possible.

Data Sources and Depth

We collected data from each state's insurance department and Quadrant Information Services. The data consists of 4,284 price estimates from 100 different ZIP codes and six auto insurance providers.

Sample Driver Profile

MoneyGeek calculates yearly car insurance policy estimates based on a policyholder with the following characteristics:

• Toyota Camry LE
• Clean driving record
• 12,000 miles driven every year

To determine which companies provide the most affordable policies, MoneyGeek compared rates for 21-year-old drivers across different states. We made adjustments to this profile to reflect the differences in age, location and driving behavior.

Coverage Levels and Deductibles Explained

A deductible is the money you have to pay out of your own pocket before your insurance company will pay for your claim. Most drivers would benefit from purchasing full coverage vehicle insurance, which covers both collision and comprehensive damage.

For minimum liability coverages, we used state-required limits to judge which provider was most affordable. For full coverage, we used 100/300/100 liability limits with a $1,000 deductible for comprehensive and collision coverage when researching the cheapest providers. Liability limits of 100/300/100 stand for:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability per accident

Learn more about MoneyGeek's car insurance methodology.