For 22-year-olds, GEICO offers the cheapest minimum liability car insurance among national providers, with an annual premium of around $732 — approximately 34% below the average for family policies. In regions where they operate, Concord Group or Auto-Owners may provide even cheaper options.
Cheapest Car Insurance for 22-Year-Olds
Updated: December 3, 2024
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Key Takeaways
The top five cheapest car insurance companies for 22-year-olds are Concord Group, Auto-Owners, GEICO, Travelers and Encompass.
The cheapest monthly car insurance rates for 22-year-old drivers begin at $45 for minimum coverage and $84 for full coverage on a national scale, with some states offering rates as low as $40 per month.
The average cost of auto insurance for 22-year-olds is $92 per month for minimum coverage and $217 for full coverage.
Cheapest Minimum Liability Car Insurance for 22-Year-Olds
| Concord Group | $45 | $22 |
| Auto-Owners Insurance Co | $52 | $16 |
| GEICO | $61 | $7 |
| Travelers | $63 | $5 |
| State Farm | $65 | $3 |
Rates are for a family policy for both male and female drivers with clean records and good credit insuring a 2012 Toyota Camry.
Cheapest Full Coverage Car Insurance for 22-Year-Olds
Concord Group offers the most affordable full coverage auto insurance for 22-year-old drivers on a family policy, costing $1,008 annually, though its availability is limited. Nationally, Nationwide, GEICO and State Farm rank among the most cost-effective providers.
| Concord Group | $84 | $58 |
| Auto-Owners Insurance Co | $121 | $21 |
| Nationwide | $130 | $13 |
| GEICO | $134 | $8 |
| State Farm | $135 | $7 |
| Travelers | $135 | $7 |
| Allstate | $136 | $7 |
Rates are for a family policy for both male and female drivers with clean records and good credit insuring a 2012 Toyota Camry.
Cheapest Car Insurance for 22-Year-Olds by State
Car insurance rates for a 22-year-old on a family policy can vary by state, ranging from $40 to $237 per month. Below, we’ve outlined the most affordable insurance providers for this age group in each state.
| Massachusetts | State Farm | $40 |
| Hawaii | GEICO | $54 |
| Ohio | Nationwide | $57 |
| Maine | Concord Group | $61 |
| Mississippi | Progressive | $62 |
| Idaho | State Farm | $63 |
| Pennsylvania | Travelers | $65 |
| Wisconsin | Nationwide | $67 |
| New Hampshire | Concord Group | $67 |
| Kansas | Nationwide | $69 |
| Virginia | Nationwide | $70 |
| North Dakota | Nationwide | $71 |
| Vermont | State Farm | $72 |
| Missouri | GEICO | $72 |
| South Dakota | Allstate | $75 |
| North Carolina | Nationwide | $77 |
| Indiana | GEICO | $81 |
| Iowa | State Farm | $82 |
| Connecticut | GEICO | $85 |
| Oregon | Nationwide | $86 |
| Utah | Nationwide | $88 |
| Michigan | GEICO | $91 |
| Tennessee | State Farm | $91 |
| Arizona | Travelers | $92 |
| Montana | Progressive | $92 |
| District of Columbia | GEICO | $93 |
| Arkansas | Nationwide | $95 |
| New York | Kemper | $95 |
| Illinois | Travelers | $96 |
| Wyoming | Allstate | $99 |
| Nebraska | Auto-Owners Insurance Co | $99 |
| Alabama | GEICO | $101 |
| West Virginia | Nationwide | $106 |
| Georgia | Allstate | $108 |
| Minnesota | Nationwide | $108 |
| Alaska | GEICO | $109 |
| Washington | Capital Insurance Group | $110 |
| Texas | State Farm | $110 |
| Kentucky | Travelers | $110 |
| Maryland | Kemper | $114 |
| Colorado | Kemper | $116 |
| Rhode Island | State Farm | $117 |
| California | GEICO | $117 |
| New Mexico | Allstate | $119 |
| South Carolina | Travelers | $119 |
| Oklahoma | State Farm | $120 |
| New Jersey | Travelers | $123 |
| Delaware | Travelers | $128 |
| Nevada | Nationwide | $159 |
| Florida | Travelers | $181 |
| Louisiana | State Farm | $237 |
Rates are for male drivers with clean driving records and good credit insuring a 2012 Toyota Camry with minimum coverage.
Cheapest Car Insurance for 22-Year-Olds by Gender
Due to a higher risk of accidents, 22-year-old male drivers typically pay higher insurance premiums than their female counterparts. Below, we highlight the most affordable national providers for both men and women in this age group.
Cheapest Car Insurance for 22-Year-Old Female Drivers
Travelers offers the most affordable national car insurance for 22-year-old women, with rates that are approximately 9% lower than the average for minimum coverage. Female drivers at this age typically benefit from lower premiums compared to men, as statistics show they are involved in fewer accidents.
| Concord Group | $43 | $22 | $80 | $56 |
| Auto-Owners Insurance Co | $52 | $13 | $117 | $19 |
| Travelers | $59 | $6 | $127 | $9 |
| GEICO | $60 | $5 | $131 | $5 |
| State Farm | $60 | $5 | $125 | $11 |
Rates are for female drivers with clean driving records and good credit insuring a 2012 Toyota Camry.
Cheapest Car Insurance for 22-Year-Old Male Drivers
GEICO offers the lowest monthly rate for 22-year-old male drivers at $61 when added to a family policy. However, Concord Group and Auto-Owners may provide even cheaper options for eligible drivers. Male drivers generally face higher premiums than females, as they statistically have a greater likelihood of being involved in accidents.
| Concord Group | $48 | $22 | $88 | $61 |
| Auto-Owners Insurance Co | $52 | $18 | $125 | $24 |
| GEICO | $61 | $9 | $137 | $12 |
| Travelers | $66 | $4 | $143 | $6 |
| Allstate | $68 | $1 | $140 | $9 |
| State Farm | $69 | $1 | $145 | $4 |
| Encompass | $69 | $0 | $164 | $-15 |
Rates are for male drivers with clean driving records and good credit insuring a 2012 Toyota Camry.
Cheapest Cars to Insure for 22-Year-Olds
When buying a new car for a teen driver, consider adding them to your policy with a vehicle that is both safe and cheapest car to insure. Below, we’ve outlined the most affordable models by vehicle type for 22-year-old drivers.
Data filtered by:Results filtered by:
Select
Coverage:Full Coverage
| Subaru Forester | Compact SUV | GEICO | $1,507 |
| Subaru Outback | Sedan | Nationwide | $1,563 |
| Acura MDX | Luxury SUV | Travelers | $1,641 |
| Toyota Tacoma | Pickup Truck | GEICO | $1,658 |
| Honda Passport | SUV | GEICO | $1,755 |
| MINI Electric | Compact | Nationwide | $1,761 |
| Nissan LEAF | Electric | Travelers | $1,792 |
| Ford Mustang Mach E | Sports Car | GEICO | $1,816 |
| Honda Odyssey | Minivan | State Farm | $1,844 |
| Tesla Model Y | Luxury Electric | GEICO | $1,846 |
| BMW 1 Series | Luxury Compact | GEICO | $1,903 |
| Porsche Taycan | Luxury Sports Car | GEICO | $1,922 |
| Mercedes GLA 250 | Luxury Compact SUV | GEICO | $2,028 |
| BMW 3 Series | Luxury Sedan | State Farm | $2,311 |
Rates are for drivers with clean driving records and good credit.
Average Cost of Car Insurance for 22-Year-Olds
The average annual car insurance costs for 22-year-olds are $1,104 for minimum coverage and $2,604 for full coverage. These figures reflect rates for drivers with clean records and good credit, but your individual car insurance cost for 22-year-olds may vary depending on your driving profile.
Car Insurance Cost for 22-Year-Olds by Coverage and Gender
Below, we’ve gathered the average costs of adding 22-year-old male and female drivers to a family policy, broken down by coverage level.
| State Min - No comp_coll | $70 | $65 |
| State Min - 500 comp_coll | $150 | $136 |
| State Min - 1500 comp_coll | $129 | $118 |
| State Min - 1000 comp_coll | $134 | $122 |
| 300/500/300,000 - No comp_coll | $102 | $95 |
| 300/500/300,000 - 500 comp_coll | $179 | $163 |
| 300/500/300,000 - 1500 comp_coll | $158 | $145 |
| 300/500/300,000 - 1000 comp_coll | $73 | $66 |
| 100/300/100,000 - No comp_coll | $86 | $80 |
| 100/300/100,000 - 500 comp_coll | $167 | $158 |
| 100/300/100,000 - 1500 comp_coll | $158 | $145 |
| 100/300/100,000 - 1000 comp_coll | $149 | $136 |
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 Cost of Car Insurance for 22-Year-Olds by State
Average state car insurance costs for 22-year-old drivers can differ significantly, ranging from $17 to $389 per month. These differences are driven by location-specific factors such as crime rates, weather patterns and population density. To help you understand costs in your area, we’ve provided a table below with average state rates.
| Oklahoma | $32 | $154 | $34 | $158 |
| North Carolina | $25 | $97 | $25 | $97 |
| Colorado | $42 | $177 | $39 | $166 |
| Mississippi | $27 | $123 | $33 | $152 |
| Florida | $70 | $320 | $60 | $278 |
| Vermont | $19 | $91 | $23 | $109 |
| Delaware | $43 | $168 | $44 | $170 |
| Nevada | $58 | $230 | $58 | $228 |
| Louisiana | $70 | $389 | $63 | $348 |
| New York | $45 | $159 | $48 | $173 |
| West Virginia | $32 | $136 | $33 | $141 |
| South Carolina | $52 | $196 | $54 | $199 |
| New Jersey | $60 | $237 | $57 | $222 |
| New Mexico | $33 | $150 | $35 | $156 |
| Hawaii | $20 | $85 | $19 | $81 |
| Arkansas | $28 | $129 | $28 | $131 |
| Missouri | $36 | $173 | $41 | $198 |
| Connecticut | $40 | $152 | $46 | $177 |
| South Dakota | $20 | $126 | $23 | $139 |
| District of Columbia | $39 | $165 | $41 | $171 |
| Iowa | $21 | $108 | $20 | $107 |
| Indiana | $26 | $106 | $28 | $116 |
| Massachusetts | $27 | $110 | $35 | $147 |
| Rhode Island | $47 | $178 | $55 | $203 |
| Ohio | $45 | $164 | $45 | $164 |
| Michigan | $72 | $268 | $56 | $217 |
| Minnesota | $29 | $125 | $35 | $147 |
| Pennsylvania | $27 | $141 | $27 | $143 |
| Washington | $43 | $148 | $48 | $160 |
| Wisconsin | $24 | $112 | $26 | $121 |
| Montana | $25 | $143 | $26 | $152 |
| Kentucky | $36 | $149 | $37 | $154 |
| Arizona | $38 | $152 | $41 | $163 |
| Illinois | $26 | $114 | $27 | $116 |
| Virginia | $36 | $142 | $38 | $147 |
| Maryland | $41 | $146 | $50 | $178 |
| Georgia | $35 | $148 | $39 | $167 |
| Wyoming | $17 | $118 | $19 | $138 |
| Utah | $48 | $188 | $42 | $163 |
| New Hampshire | $28 | $102 | $30 | $109 |
| North Dakota | $21 | $103 | $22 | $108 |
| Nebraska | $27 | $142 | $27 | $146 |
| Maine | $27 | $105 | $30 | $116 |
| California | $37 | $175 | $39 | $184 |
| Tennessee | $26 | $118 | $28 | $129 |
| Kansas | $25 | $129 | $26 | $132 |
| Texas | $40 | $171 | $43 | $181 |
| Oregon | $33 | $125 | $38 | $143 |
| Idaho | $20 | $83 | $24 | $97 |
| Alaska | $30 | $137 | $30 | $137 |
| Alabama | $34 | $153 | $32 | $146 |
Why Car Insurance Is Expensive for 22-Year-Olds
Car insurance for 22-year-olds remains expensive because they are still considered high-risk drivers. However, 22-year-olds typically pay lower premiums compared to younger drivers. Teens, particularly those aged 16 to 19, experience higher rates of accidents and violations, with fatal crashes occurring nearly three times more often than among older drivers. Risky behaviors such as nighttime driving, speeding, distractions and neglecting to wear seat belts contribute to these increased rates, especially for male drivers.
How to Save Money on Car Insurance for 22-Year-Olds
Twenty-two-year-old drivers often face some of the highest car insurance premiums compared to older age groups. Fortunately, there are ways for 22-year-olds and their families to reduce these costs. Here are our top recommendations for securing the most affordable coverage:
- 1
Stay on a parent's policy
Staying on a parent's policy can significantly reduce premiums, benefiting from the parent's established insurance history and potential multi-car discounts. Most insurers allow 22-year-olds to remain on the family policy if they live at home and use a family vehicle rather than owning one themselves.
- 2
Shop around as much as possible
Comparing quotes from different auto insurance providers is one of the most effective ways to save on car insurance. MoneyGeek's research shows that price differences between the cheapest and most expensive policies for teens can reach up to 30%.
- 3
Find discounts you qualify for
Twenty-two-year-olds can qualify for various common car insurance discounts. Savings opportunities include discounts for students, completing young driver education programs, and enrolling in usage-based insurance plans, which can reduce premiums by up to 40%.
- 4
Choose a safe, older car
Opting for a budget-friendly vehicle with a high safety rating can significantly reduce insurance premiums, as these cars are generally cheaper to repair and considered lower risk by insurers.
- 5
Adjust your coverage amount
If you can afford to replace your car out of pocket, choosing a liability-only auto insurance policy can be a cost-effective way to save money. For those who prefer full coverage, increasing your deductibles is another strategy to lower your premium.
KEY CONSIDERATIONS WHEN SHOPPING: EXPERT TIP
Obtaining quotes from multiple insurance companies is a good idea to see which comes out as the best and cheapest for your specific profile. You also want to ensure the company has optional coverages that are good for a teen driver or any driver to have on their policy. They include roadside assistance and rental car coverage.
— Mark Friedlander, Director, Corporate Communications, Insurance Information Institute
Cheap Car Insurance for 22-Year-Olds: Bottom Line
Car insurance for 22-year-olds can be expensive, but young drivers and their families can secure more affordable options by comparing quotes, staying on a family policy and utilizing available discounts. GEICO and Nationwide are typically among the most cost-effective choices for 22-year-old drivers nationwide, but shopping around remains essential to find the best rate.
Car Insurance for 22-Year-Olds: FAQ
Securing affordable car insurance for 22-year-olds can be difficult because of the risk factors that lead to higher premiums for this age group. To assist, we’ve answered some of the most common questions on this topic:
What is the cheapest car insurance for an 22-year-old?
GEICO and Nationwide are among the most affordable car insurance providers for 22-year-olds nationwide. Minimum coverage policies cost an average of $61 per month, while full coverage is around $130 per month when added to a family plan.
How much is car insurance for an 22-year-old per month?
For 22-year-olds, the average monthly cost is about $92 for minimum coverage and $217 for full coverage. However, these rates can differ greatly by state, with monthly averages ranging from $40 to $237. These estimates are based on drivers with clean records and good credit who are covered under a family policy.
Why is car insurance expensive for 22-year-old drivers?
Car insurance is expensive for 22-year-old drivers because they are considered higher risk due to limited driving experience. This increases the likelihood of accidents, leading insurers to charge higher premiums to account for potential claims and liabilities.
Is car insurance more expensive for 22-year-old males?
Yes, car insurance is typically more expensive for 22-year-old males. Statistically, they are more likely to be involved in accidents compared to females, which leads insurers to charge higher premiums to account for the increased risk.
Auto Insurance for 22-Year-Olds: Our Methodology
MoneyGeek used a sample driver profile to determine national and state averages for vehicle insurance for 22-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 22-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.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
sources
- Centers for Disease Control and Prevention. "Teen Drivers and Passengers: Get the Facts." Accessed December 3, 2024.