Average Car Insurance Cost For 18 Year Old Male Uk

Why is car insurance so expensive for 18 year old drivers.

Average car insurance cost for 18 year old male uk.

In 2020 the average cost paid for car insurance in the uk is now 460 a year according to the abi. Car insurance for a 19 year old. Unfortunately for the thousands of careful sensible young drivers on uk roads the facts paint a bleak picture. Car insurance for a 17 year old.

The average cost of car insurance for 18 year old females is generally cheaper than that for 18 year old males. How much does car insurance cost for 18 year olds. Unfortunately getting on the road at 18 is expensive with driving lessons theory tests and practical tests racking up the costs even before insurance has been factored in. Drivers age 16 to 19 are a third more likely to die in a crash than drivers age 40 49 according to the department for transport.

The average car insurance premium in the uk for comprehensive cover costs 471 a year according to association of british insurers abi data for the third quarter of 2018 that is the equivalent of 39 25 a month. For example a fully comprehensive car insurance policy costs on average 1 028 for people aged 17 to 19 however the older you get the lower the premiums go. Teen female drivers age 18 pay about 830 less than males their age. That s the short answer.

Refer to the chart below to see average car insurance costs by age and state for full coverage. Car insurance for a 16 year old. That s for a policy of her own that includes comprehensive and collision coverage with liability limits of 100 300 100. The lowest average age group for car insurance in the uk was for those in their fifties with the average cost of 600.

Car insurance for an 18 year old. And in terms of car insurance premiums don t get much more expensive than they do for 17 and 18 year olds. Passing your driving test and getting on the road is high on the list of most 18 year olds agenda in the uk. Car insurance cost for an 18 year old female.

This trend is similar for drivers of similar ages with men paying about 10 more than women for a given age. Motor insurance rates have generally dropped in recent years however car insurance is still one of the biggest costs of owning and running a car and rates have recently ticked up. The average annual cost of car insurance in the united states is 1 416 according to the data in our study. Car insurance premiums are generally higher for younger drivers.

Average cost of car insurance by age. For 18 year olds women pay 6 797 per year on average while men pay 7 561. The average cost for insurance for an 18 year old female is 4 772.