The car, truck, or SUV to be insured is a large factor that determines whether or not you find affordable car insurance for 18 year olds. Vehicles with lots of speed or power, poor crash test ratings, or an increased likelihood of liability claims will cost significantly more to insure than more modest models.
The next list estimates auto insurance rates for a selection of the most affordable vehicles to insure.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord EX 4-Dr Sedan | $4,707 |
| Honda CR-V EX 4WD | $4,760 |
| Ford Escape Limited 2WD | $4,767 |
| Jeep Wrangler Sport 4WD 2-Dr | $4,902 |
| Toyota Prius | $5,127 |
| Ford Edge Limited 2WD | $5,530 |
| Honda Odyssey EX W/Rear Entertainment | $5,535 |
| Honda Civic DX 4-Dr Sedan | $5,530 |
| Chevrolet Malibu LS | $5,583 |
| Toyota RAV4 Limited 4WD | $5,589 |
| Chevrolet Equinox LT 2WD | $5,583 |
| Volkswagen Jetta LE 4-Dr Sedan | $5,589 |
| Jeep Grand Cherokee Laredo 4WD | $5,583 |
| Chevrolet Impala LT | $5,593 |
| Dodge Grand Caravan Crew | $5,637 |
| Start a Quote Go | |
Data variables include single male driver age 18, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in specific zip code location which can decrease or increase coverage prices greatly.
Based upon the table data, you can see that models like the Honda Accord, Honda CR-V, and Ford Escape should be the most affordable vehicles to insure for teen drivers. Car insurance rates will be more costly because there is more claim exposure for 18 year olds, but generally speaking those specific models will tend to have the cheapest auto insurance rates compared to other types of vehicles.
Deciding which company quotes the best insurance rates for 18 year olds requires more time in order to find the most economical policy. Each auto insurance company uses a different method for determining rates in each state, so let’s examine the overall cheapest insurance companies in Columbus, OH.
It’s important that readers know that Columbus insurance rates are impacted by many things which can significantly increase or decrease the price of your policy. Improving your credit rating, adding a teenager to your policy, or getting a driving violation may generate price changes resulting in some rates now being more affordable than the competition.
Best Car Insurance Prices for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $647 |
| 2 | Erie | $687 |
| 3 | Frankenmuth | $687 |
| 4 | Allied | $697 |
| 5 | USAA | $711 |
| 6 | Travelers | $712 |
| 7 | Cincinnati Insurance | $756 |
| 8 | Merchants Insurance Group | $771 |
| 9 | Motorists Mutual | $792 |
| 10 | Grange Mutual | $828 |
| 11 | General Casualty | $829 |
| 12 | Central Mutual | $848 |
| 13 | Hastings Mutual | $866 |
| 14 | State Farm | $894 |
| 15 | Westfield | $918 |
| 16 | Atlantic States | $931 |
| 17 | Western Reserve | $932 |
| 18 | Auto-Owners | $968 |
| 19 | Progressive | $991 |
| 20 | Farmers | $1,005 |
| Quote Your Rates Go | ||
Utica National offers some of the cheapest car insurance rates in Columbus at around $647 annually. This is $393 less than the average rate paid by Ohio drivers of $1,040. Erie, Frankenmuth, Allied, and USAA also qualify as some of the more affordable Columbus, OH insurance companies.
As shown above, if you currently have a policy with Allied and switched to Utica National, you could earn yearly savings of in the vicinity of $50. Policyholders with USAA may save as much as $64 a year, and Travelers policyholders might reduce rates by $65 a year.
Understand that those prices are averaged across all drivers and vehicles in Ohio and do not factor in an exact location for 18 year olds. So the auto insurance company that fits your situation best may not even be in the top 33 companies in the list above. That points out the importance of why you need to get car insurance quotes using your own driver data and vehicle information.
Types of discounts on Columbus insurance
Insurance companies that provide policies for 18 year olds may also provide discounts that can lower rates by 40% or more if you are eligible to receive them. Larger insurance companies and a partial list of their discounts are included below.
- Farmers Insurance includes discounts for distant student, pay in full, early shopping, electronic funds transfer, and alternative fuel.
- Esurance may offer discounts for safety device, multi-policy, claim free, good driver, online quote, and defensive driver.
- State Farm offers discounts including accident-free, good student, defensive driving training, Drive Safe & Save, and Steer Clear safe driver discount.
- GEICO has discounts for daytime running lights, federal employee, five-year accident-free, anti-lock brakes, seat belt use, and air bags.
- Allstate offers premium reductions for economy car, early signing, premier plus, new car, and defensive driver.
The example below shows the comparison of car insurance rates with and without discounts applied to the policy premium. The rates are based on a male driver, no accidents, no driving violations, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles.
The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with passive restraint, paid-in-full, continuous coverage, good student, paperless filing, and vehicle safety discounts applied. When discounts are factored in, theaverage yearly reduction on insurance for 18 year olds is 28% or $606.
Best insurance company in Ohio
Ending up with a high-quality insurer can be challenging considering how many companies sell coverage in Ohio. The company information shown next could help you analyze which car insurance providers to look at comparing prices from.
These rankings include large insurance companies, so companies that may only write in Ohio will not be included in this list. To get rate quotes from these and other top-rated companies, follow this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
What aren’t you shopping around?
Ohio insurance rates are based on many factors that may substantially change the price of your policy. Simply getting older, getting married, or having a fender bender can trigger price changes resulting in some rates now being cheaper than before. And not only may your rating factors change, but auto insurance companies change rates without warning as an adjustment for underwriting gains or losses. Unexpectedly high claims can cause increased policy costs, while a better claims history can result in more affordable Columbus car insurance rates.
For instance, the graph below compares the cheapest car insurance in Columbus, OH for a 30-year-old female driver with no prior claims, no tickets, and good credit. If we look at prices based on her current situation, Utica National may offer the best car insurance rates in Columbus at $796 each year. This is $244 less than the average rate paid by Ohio drivers of $1,040. Erie, Allied, Frankenmuth, and Travelers are the remaining most affordable Columbus, OH auto insurance companies.
The example below compares rates after we give the driver in the first chart an accident surcharge, a lower credit score, and a traffic citation. Because each company has a proprietary method for determining prices, getting updated rate quotes may result in a substantially altered list of the cheapest Columbus car insurance companies as shown below.
Merchants Insurance Group now has the best car insurance rate in Columbus, OH with Cincinnati Insurance, Motorists Mutual, Grange Mutual, and General Casualty completing the list. This shows why Columbus drivers need to spend some time comparing rates when trying to get the most economical insurance rates for 18 year olds.
Auto insurance prices can be determined by many factors and change substantially, so the most affordable company the last time you compared rates may now be wasting a lot of money.
Tips for buying economical insurance for 18 year olds
Lowering your rates is not difficult, and here are some of the better thrifty suggestions that can help you find more affordable auto insurance.
- Assess whether full coverage is needed
- Buying car and homeowners insurance together can save money
- Increase your credit rating
- At-fault accidents will increase rates
- Lower rates by purchasing a safer vehicle
- Shop around and save
The last item on the list is extremely crucial, as we noted in this write-up. Auto insurance rates vary considerably, so drivers shouldn’t be reluctant to switch to a new company if you find a better deal. Having brand loyalty is commendable, but it’s not a great idea if that loyalty ends up costing a wad of cash every year. Take a few minutes and shop around to find cheaper insurance for 18 year olds in Columbus.
The insurance agencies listed below are a good start to help you make a decision which auto insurance policy would work best for you, as lots of people like to get some guidance when comparing insurance rates for teen drivers. It can be hard to find the cheapest rate yourself, and getting professional guidance from a licensed agent can provide peace of mind knowing your coverage gives you enough coverage if you have a claim. To locate an agency close to where you live, click the button following the list or click here to compare prices now.
- Bob Zedeker II – State Farm Insurance Agent
3250 W Henderson Rd Ste 101 – Columbus, OH 43220 – (614) 457-5070 - Nationwide Insurance – Nick Miller and Assoc Ins Agency Inc
6834 Caine Rd – Columbus, OH 43235 – (614) 889-0701 - Andrea Taylor – State Farm Insurance Agent
5540 N Hamilton Rd – Columbus, OH 43230 – (614) 855-9421 - Keystone Insurance Agency LLC
5640 Groveport Rd #2 – Groveport, OH 43125 – (614) 295-8816