Car insurance costs an average of $6,170 a year for two parents and a 16-year-old. That’s an increase of $3,211 per year over ...

See our top picks for car insurance for teen drivers.

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. USAA has the lowest average annual rates for young ...

Car insurance rates averaged $2,297 annually in early 2026, according to Experian, or about $191 per month. For full-coverage ...

Car insurance for 18-year-olds averages $2,215/year, but Erie offers rates as low as $84/month. Compare Travelers, Geico, ...

CNBC Select picked the best car insurance for teens and young drivers, based on cost, coverage, customer service and more.