Cheapest Auto Insurance for Drivers Under 21 in West Virginia

The model of vehicle requiring coverage is one of the largest considerations that determines whether or not you find the most affordable car insurance for drivers under 21. Vehicles with lower performance, a great safety record, or a low likelihood of liability claims will cost substantially less to insure than adrenaline junky models.

The lists below showcases insurance prices for a number of the most budget-friendly automobiles to insure in West Virginia.

Data based on single female driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and West Virginia minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in vehicle garaging location which can affect prices noticeably.

Data variables include single female driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and West Virginia minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in specific garaging location which can influence insurance rates greatly.

Data based on single female driver age 19, no speeding tickets, no at-fault accidents, $500 deductibles, and West Virginia minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium costs do not factor in specific zip code location which can alter premiums substantially.

Establishing which insurers offer the best insurance rates for drivers under 21 involves a tad more effort than just quoting one company’s rates. Each insurer has a unique approach to set their prices, so to begin we’ll rank the overall cheapest insurance companies in West Virginia.

It’s a good idea to be aware that West Virginia insurance rates are based on many factors that may substantially change the policy price. Simply improving your credit, increasing deductibles, or getting a ticket for careless driving may cause policy rate changes that may make certain companies cheaper in comparison to the competition.

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Erie may have some of the most affordable car insurance rates in West Virginia at around $904 annually. The Hartford, State Auto, USAA, and Westfield would also make the list of some of the cheaper West Virginia auto insurance companies.

In the rate table above, if you currently have a policy with USAA and switched to The Hartford, you could earn a yearly price reduction of approxmiately $295. Customers with Westfield might save as much as $296 a year, and Progressive customers might see rate reductions of $476 a year.

Remember that these rates are averages across all types of insureds and vehicles and do not factor in a rate surcharge for drivers under 21. So the car insurance company that fits your situation best may not even be included in the list of companies shown earlier. That points out the importance of why you need to get rate quotes from many companies using your own individual information.

Careless driving habits raise insurance rates

In a perfect world, the best way to snag the cheapest car insurance for drivers under 21 in West Virginia is to drive safe and avoid tickets and accidents. The chart below illustrates how traffic citations and at-fault collisions can impact insurance premiums for each different age category. The premiums assume a married female driver, full coverage, $500 deductibles, and no discounts are applied to the premium.

The data in the chart shows the average cost of a car insurance policy per year with no accidents or violations is $1,767. Factor in two speeding tickets and the average cost surges to $2,511, an increase of $744 each year. Next add one accident along with the two speeding tickets and the 12-month cost of insurance for drivers under 21 goes up to an average of $3,273. That’s an increase of $1,506, or $126 per month, just for not driving attentively!

Does it make sense to buy full coverage?

Finding the cheapest car insurance for drivers under 21 in West Virginia is important to most vehicle owners, and one of the quickest ways to reduce the cost of insurance is to not insure for full coverage. The chart below illustrates the comparison of insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no claims, a clean driving record, $250 deductibles, single status, and no additional discounts are factored in.

If all age groups are averaged, physical damage coverage on your policy costs an extra $2,621 per year more than just insuring for liability. At some point, every insured wonders if paying for full coverage is a waste of money. There is no definitive rule that is best for determining when to drop physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you might consider buying liability only.

For example, let’s pretend your vehicle’s settlement value is $12,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most your company will settle for is $11,000 after paying your deductible. If you are paying more than $1,100 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.

Find the cheapest car insurance for drivers under 21 in West Virginia

Lowering your rates is not difficult, and here are many money-saving ideas that can help you find cheaper coverage.

• Having at-fault accidents will increase rates
• Having too many claims will increase rates substantially
• Avoid speeding and other traffic citations and pay less
• Buy your auto and home insurance from the same company and save
• Raise physical damage deductibles
• Good credit can save money
• Compare rate quotes often

The last tip in the list is certainly vital, as was stressed in this write-up. Car insurance prices fluctuate considerably, so don’t hesitate to switch carriers if you find a better deal.

Having brand loyalty is commendable, but it isn’t a good idea if that devotedness results in you overpaying a lot of money every month. It takes less than five minutes to shop around to find cheaper auto insurance for drivers under 21.