The vehicle requiring insurance is one of the primary factors that determines whether or not you find the best cheap insurance for 16 year olds. Vehicles with lower acceleration and performance, good safety features, or a low likelihood of liability claims will cost less to insure than high performance models. The next table shows coverage premiums for a handful of the most economical vehicles to buy coverage for.
|Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$4,995|
|Hyundai Elantra GLS Touring Station Wagon||$5,003|
|Honda CR-V EX 4WD||$5,040|
|Ford F-150 XLT Super Cab 2WD||$5,620|
|Jeep Wrangler Sahara 4WD 2-Dr||$5,626|
|Ford Edge SEL AWD||$5,877|
|Ford Focus SE 4-Dr Sedan||$5,884|
|Dodge Grand Caravan Hero||$5,923|
|Toyota RAV4 4WD||$5,929|
|Jeep Grand Cherokee Laredo 2WD||$5,923|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$5,969|
|Ford Explorer Limited 4WD||$5,979|
|Toyota Corolla S||$6,229|
|Chevrolet Impala LTZ||$6,234|
|Toyota Camry SE||$6,229|
|Honda Odyssey EX-L W/Navigation||$6,235|
|Chevrolet Malibu LTZ||$6,274|
|Volkswagen Jetta SEL 4-Dr Sedan||$6,279|
|GMC Sierra SL Crew Cab 2WD||$6,274|
|Ford Fusion SE 4-Dr Sedan||$6,280|
|Chevrolet Silverado 2500HD LT Crew Cab 4WD||$6,274|
|Nissan Altima 3.5 SR 4-Dr Sedan||$6,281|
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Premium data assumes single female driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in specific location information which can raise or lower insurance rates significantly.
By looking at the data, we can conclude that makes and models like the Ford Escape, Hyundai Elantra, Honda CR-V, and Toyota Prius should be the more affordable vehicles to insure for new drivers. The price of auto insurance will be higher anyway just due to the fact that there is more inherent risk for 16 year olds, but in general those vehicles will most likely have the lowest insurance rates available.
For new drivers, one of the more important components that aid in calculating the annual cost of car insurance is your address. Cities with larger populations or higher claim trends tend to pay more, whereas areas with less crime or weather claims have the gratification of cheaper auto insurance rates.
The illustration below shows the most expensive places in Texas for 16 year olds to buy an auto insurance policy in. Dallas is ranked at #4 with a yearly premium of $1,855 for coverage, which is around $155 monthly.
|Rank||City||Premium Per Year|
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Table data uses approximated as zip code location can influence premiums considerably.
Safe drivers Dallas pay cheaper rates
The common sense way to get affordable insurance prices in Texas for new drivers is to be a careful driver and not receive tickets or have accidents. The information below shows how violations and at-fault claims impact insurance prices for different age groups. The rates are based on a single female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
In the previous chart, the average cost of a car insurance policy in Texas per year with no violations or accidents is $1,709. Get one speeding ticket and the average cost jumps to $1,937, an increase of $229 each year. Then add in two accidents along with the one speeding ticket and the annual cost of insurance for 16 year olds jumps again to an average of $3,992. That’s an increase of $2,284, or $190 per month, just for not being more responsible behind the wheel!
Selecting the highest-rated insurance company is hard considering how many choices there are in Texas. The company rank data below could help you choose which insurers you want to consider when comparing auto insurance rates for 16 year olds. These rankings are for large insurance companies, so companies that only write business in Texas or surrounding areas are not factored into the list.
Top 10 Large Auto Insurance Providers in Dallas Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Top 10 Large Auto Insurance Providers in Dallas Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
How to find the cheapest auto insurance for 16 year olds
The list below details a few thrifty solutions that can help Dallas drivers quote cheaper auto insurance.
- Do not get tickets or violations
- Claim-free drivers earn discounts
- Increase your policy deductibles
- Do not get into accidents that are your fault
- Better credit scores save money
- Buying home and auto insurance together can earn discounts
- Keep rates low by shopping around frequently
The last suggestion is very crucial, as we hit on in this article. Insurance prices adjust often, so drivers shouldn’t be reluctant to change to a new company if you find a cheaper price. Many drivers prefer to stick with one company, but is isn’t recommended if that devotion results in you overpaying a fortune every year. Now is a great time to compare prices to find cheaper insurance for 16 year olds in Dallas.
If you wish to have a consultation when shopping around for cheaper insurance for new drivers, the agents listed below are willing to help you decide which is the best policy.
To locate a Dallas insurance agent near you, click the button below the list or click here to compare price quotes now.
Laurence Cole Insurance Agency
6500 Greenville Ave #680 – Dallas, TX 75206 – (214) 823-2653
E F Insurance Agency
9304 Forest Ln #217 – Dallas, TX 75243 – (972) 931-9285
Jon Essary – State Farm Insurance Agent
1214 W Davis St – Dallas, TX 75208 – (214) 948-6000