You know you have grown up when it’s time to buy car insurance. It would be an understatement for a teenager to say it is an easy task. Choosing the right insurance plan is a hefty task. And if you, too, have no idea where to start? Then look at these 7 Best car insurance companies for young drivers under 25. I will guide you to your desired insurance plan.
Getting insurance for a young adult is difficult. While car insurance should be affordable, it should also cover all your requirements. Car insurance is a reliable backup. It should also cover the latest terms and conditions. But with so many insurance companies, which one should you trust?
In this article, we will compare Progressive vs. GEICO car insurance. We will look at who offers more cost-effective insurance policies. Which insurance company is the best? Knowing which car insurance would be the perfect choice for young adults is now a necessity. So, read ahead about young drivers’ top 7 car insurance companies.
Top Car Insurance Companies to Insure Young Drivers
There are many insurance companies all over the world. They provide many insurance facilities to young drivers. But not all are worthy of your time. So, we are here with the drivers’ top 7 car insurance companies.
1. GEICO
The Government Employees Insurance Company (GEICO) is an American auto insurance company. It ranks as the 2nd largest auto insurer in the whole US. Over the years, GEICO has provided insurance policies to millions of vehicles. It also offers young adults many discounts and programs-
- Family Pricing Program
- Accident Forgiveness Program
- Good Driver Program
- Corporate/Eagle (Federal Government)
- Military
- Good Student
GEICO Young Adult Insurance Coverages
- Injury Liability
- Property Damage Liability
- Emergency Roadside Help
- Mechanical Breakdown insurance
- Property Damage Liability
- Uninsured & Underinsured Motorist coverage
- Collision
- Comprehensive
- Rental car Reimbursement
2. Progressive
Progressive is another important insurance company. It has the lowest available auto insurance rates. Also, Progressive insurance offers a discount for teen drivers. It also offers a “teen driver discount” and “good student” discount.
- Teen Driver Discount.
- Online Quote and Signup Discounts
- Pay in Full
- Good Student Discount
- Snapshot Program
Progressive Young Adult Insurance Coverages
- Injury Liability
- Property Damage Liability
- Comprehensive
- Collision
- Uninsured & Underinsured Motorist Coverage
- Medical Payments
- Loan/Lease Payoff
- Deductible Savings Bank
- Rental auto Reimbursement
- Custom Parts and Equipment Value
- Rideshare Coverage
- Roadside Help
3. Allstate
Allstate has evolved into one of the biggest car insurance companies since 1931. It was the 4th largest car insurance provider in 2021. Allstate has a claim of $27.2 billion in premium. But state prices are a bit higher than the average insurance rates. It has a financial strength rating of A+. Also, Allstate is one of the best car insurance companies for young drivers. Following are some of the best things about Allstate-
- Under 25 Age Discount
- Auto and renter’s insurance
- Certain Employers’ discount program
- Self-employed Discount
- WFH Discount
It is also known for its Accident Forgiveness program and Safe Driving Bonus program.
4. USAA
USAA is a military-based insurance company. Not all young adults are eligible to go for USAA insurance providers. Only those with a military member in their family can qualify. USAA covers the young adults and teens insurance coverage of veteran children.
USAA has made it to the top list for young drivers. It received a total score of 884 in customer satisfaction. USAA also received 909 in auto claims satisfaction. It offers many young adult insurance discounts-
- Driver Training Discount
- Safe Driving Discount
- Good Student Discount
- Family Discount
5. State Farm
State Farm is another company for young drivers. It offers a full spectrum of discounts. If the person has no at-fault accidents, s/he can claim a 20% extra discount. State Farm also has a car insurance program for drivers under 25 called Steer Clear. State Farm is one of the best car insurance companies for young drivers under 25. It offers many discounts like:
- Drive Safe & Save Discount
- Student Away at School Discount
- Good Student Discount
- Defensive Driving Course Discount
6. Amica
Amica made its reputation for its high customer satisfaction scores. Also, it is one of the US’s oldest mutual car insurance companies.
What makes the company unique is its various discounts for young drivers. It also leads to a serious reduction in customers’ insurance premiums. Its original Legacy discount benefits young drivers whose parents have insurance with Amica. Other such beneficial discounts for young drivers under 25 are-
- Accident-Free Discount
- Student Away at School Discount
- Good Student Discount
- Safe Driving Discount
Another interesting discount offered by Amica is its Loyalty discounts. Under this offer, customers can claim added loyalty discounts. You have to maintain a healthy relationship with the company for two years. After which, you will get some added benefits and discounts on their premiums.
7. Nationwide
Nationwide Mutual Insurance Company is also known as Nationwide. It is one of the best US car insurance companies for young drivers initiated in Columbus. It is currently ranked #76 on the 2019 Fortune 500 list and #25 in Fortune’s “100 Best Companies to Work For”. Clients appreciate it for its famous Accident Forgiveness program.
It is a great complementary offer for teen drivers. We all know teenagers are more prone to accidents. So, the program helps young drivers by giving them the benefit of the doubt. Nationwide does not increase their premiums after the accident.
Nationwide is also one of the largest insurance as well as a financial service provider in the world. It offers many discounts like-
- Employer-Sponsored Plan Discount
- SmartRide Discount
- Good Student Discount
- Multi-Policy Discount
- Accident Forgiveness Program Discount
These are some of the best car insurance companies for young drivers. All the companies mentioned above provide us with policies and discounts. That helps drivers under 25/30 get a car insurance plan.
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