Costs of Car Insurance for 19-Year-Old Males and Females
August 17, 202150-Year-Olds’ Car Insurance Expenses (and those Over 50)
August 18, 2021Car Insurance Rates for Male and Female Drivers Aged 22
For full coverage, the average cost of auto insurance for 22-year-olds is $4,304 per year or around $359 per month. We recommend Erie, USAA, and Geico for a 22-year-old seeking the cheapest vehicle insurance.
Based on our study of thousands of prices across nine states, we discovered that Erie offers the cheapest auto insurance rates for 22-year-old drivers at $1,922 per year for full coverage. Compare vehicle insurance quotes and look for applicable discounts to ensure you receive the cheapest deal, as rates for 22-year-olds can range by $5,277 per year between insurers.
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What is the cost of auto insurance for a 22-year-old?
We discovered that Erie Insurance, which is offered in 13 states throughout the country, had the best cost for a 22-year-old, with just an average yearly cost of $1,922 for full coverage. USAA comes in second at $1,999 a year, however, only current and former members of the military, as well as their families, are eligible for a USAA policy.
Geico is the cheapest vehicle insurance carrier for 22-year-olds in all 50 states, with a rate of $2,317 per year. The significant price disparity between insurers highlights why youths must always shop around for auto insurance quotes.
|
Insurer
|
Annual Cost
|
| Erie | $1,922 |
| USAA | $1,999 |
| Geico | $2,317 |
| Nationwide | $2,820 |
| Progressive | $3,323 |
| State Farm | $3,346 |
| Farmers | $4,447 |
| Allstate | $7,199 |
Car insurance costs for male and female drivers aged 22.
Car insurance for a 22-year-old male driver costs $4,425 per year on average, compared to $4,183 for a 22-year-old female driver. Because young male drivers are more likely to be involved in accidents, the average cost of vehicle insurance is higher for them.
Several states prohibit insurance firms from calculating vehicle insurance costs based on gender. California, Hawaii, Massachusetts, Montana, North Carolina, and Pennsylvania, as well as parts of Michigan, are among these states. This means that, if all else is equal, male and female 22-year-old drivers should pay the same rates in these locations.
| Age | Annual cost - male driver | Annual cost - female driver |
| 19 | $6,468 | $5,895 |
| 20 | $5,777 | $5,258 |
| 21 | $4,784 | $4,439 |
| 22 | $4,425 | $4,183 |
The average cost of auto insurance varies by age.
A 22-year-annual old's auto insurance cost is $4,304, or about $359 each month. Because insurers perceive drivers under the age of 25 to be more hazardous, vehicle insurance prices for this age range can be particularly high. However, a few years of age difference can have a significant impact on rates. For example, when you reach 22, your annual rate is projected to drop by an average of $307.
| Age | Average annual premium |
| 18 | $7,396 |
| 19 | $6,182 |
| 20 | $5,517 |
| 21 | $4,611 |
| 22 | $4,304 |
| 23 | $4,021 |
| 24 | $3,765 |
| 25 | $3,348 |
State-by-state comparison of the cheapest auto insurance companies for 22-year-olds
In four of our nine sample states, we discovered that Geico has the lowest rates. However, these are average rates, and shopping around is the best way to obtain the best pricing for yourself.
| State | Insurer | Average yearly rate |
| California | Geico | $1,728 |
| Florida | Geico | $2,274 |
| Georgia | Georgia Farm Bureau | $2,225 |
| Illinois | State Farm | $1,814 |
| Michigan | Progressive | $2,771 |
| New York | Geico | $3,216 |
| North Carolina | North Carolina Farm Bureau | $1,195 |
| Ohio | Geico | $1,566 |
| Texas | Fred Loya | $1,794 |
The cost of automobile insurance for 22-year-olds varies by state.
The average cost of automobile insurance varies greatly by state. North Carolina has the lowest vehicle insurance rates for 22-year-olds, at $1,751 per year, which is $2,553 less than the national average. Auto insurance premiums in Michigan, on the other hand, are by far the most expensive for 22-year-olds, costing $8,234 more than the national average.
| State | Average 22-year-old annual premium |
| North Carolina | $1,751 |
| Ohio | $2,350 |
| California | $2,502 |
| Illinois | $3,339 |
| Georgia | $3,662 |
| New York | $3,804 |
| Texas | $4,050 |
| Florida | $4,687 |
| Michigan | $12,538 |
| Average | $4,304 |
How to Find Low-Cost Auto Insurance as a 22-Year-Old
Comparing quotes from many insurers is frequently the most effective strategy to obtain affordable auto insurance. Insurers base auto insurance prices on a variety of factors, including your driving record, prior history of claim files, age, vehicle type, and more. Given the wide range of factors that influence automobile insurance costs, the insurance company that provides the lowest rate for one person may not be the cheapest insurer for another.
A 22-year-old may also profit from continuing on their parents' policy for as long as feasible to take advantage of any reductions. Combined family insurance may be more expensive for your parents; nevertheless, the total cost is usually significantly less than if you paid for two separate policies. You can remain on your parents' auto insurance as long as you live in the same house and attend full-time school.
The following are some of the most common car insurance discounts available to 22-year-old drivers: