Regardless of how cautiously you drive or how quickly you can react to changing road conditions, your car insurance will be relatively expensive during your teenage years. Although it may seem unfair, this is unavoidable. It's a well-known fact that insurance companies penalize young drivers for their inexperience behind the wheel. Unfortunately, teenage males must pay even more than their female counterparts. There are no exceptions to this general rule.
You will continue to pay an elevated car insurance premium until you've accumulated five solid years of driving experience. After the five-year mark, your premiums will be calculated according to dozens of factors. These may include obvious aspects of your driving record like the number of points on your license and the circumstances surrounding any accidents in which you were involved.
Fortunately, your insurance provider may also offer policy discounts that you can earn by exhibiting certain productive or safe behaviors. For instance, you'll receive a discount for earning good grades in high school or college. You may also earn a cumulative discount for every year in which you avoided an accident or citation.
In most states, it's impossible for teenage drivers to accumulate five years of driving experience. Most jurisdictions refuse to issue learner's permits to children under the age of 15. In addition, most states' licensing schemes now include complicated "graduated licensing" requirements that may not confer full driving privileges for several years after the initial issuance of a provisional driver's license. If you grew up in one of these states, you may have been unable to drive without restriction until you turned 17 or 18 years old.
Insurance companies view all teenage drivers as inexperienced and unsafe. As a teenage driver, your insurance premiums will reflect this blanket judgment. It's impossible to pinpoint the exact amount that you should be required to pay for car insurance. However, you should expect your annual insurance bill to be at least half again as large as that of an older driver with a similar driving record.
The final cost of your insurance will depend upon some difficult-to-control factors. For instance, the type of car that you drive can have a major bearing on your insurance premiums. If you buy an expensive car using a loan, your insurance will be quite expensive. Likewise, your geographical location may affect your auto insurance costs. You'll be able to obtain cheaper coverage in an area with good weather and low rates of property crime.