The words “bargain” and “insurance” really don’t belong together, especially when trying to find the cheapest auto insurance for teenage males. To save some money, let’s lead off by showing you some of the factors the can have a considerable influence on car insurance prices, and see how we can help you take a little off the next policy you buy.
The make and model of vehicle you are trying to insure is probably the most important factor that determines the availability of cheaper auto insurance for teenage males. Vehicles with limited speed and performance, good crash test ratings, or a low likelihood of having liability claims will cost less to insure than higher performance models.
The information below showcases car insurance premiums for the most cost-effective automobiles to insure.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $6,952 |
| Honda CR-V EX 4WD | $7,020 |
| Honda Accord EX-L 4-Dr Sedan | $7,447 |
| Toyota Prius | $7,512 |
| Ford Explorer XLT 2WD | $7,819 |
| Volkswagen Jetta SE 2.5 Station Wagon | $7,938 |
| Ford Edge SE AWD | $8,178 |
| Ford Focus S 4-Dr Sedan | $8,183 |
| Honda Civic DX 4-Dr Sedan | $8,178 |
| Chevrolet Malibu LS | $8,246 |
| Chevrolet Equinox LT 2WD | $8,252 |
| Toyota RAV4 4WD | $8,246 |
| Dodge Grand Caravan Crew | $8,311 |
| Ford F-150 Lariat Super Cab 4WD | $8,318 |
| Hyundai Elantra Blue 4-Dr Sedan | $8,604 |
| Find Cheaper Rates Go | |
Table data represents single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate information does not factor in specific garaging location which can revise price quotes noticeably.
Looking at the data, you can see that makes and models like the Ford Escape, Honda CR-V, Honda Accord, and Toyota Prius are the most economical vehicles to insure for teen boys. The price for car insurance will be higher anyway because there is more exposure for teenage males, but in general those specific models will have the lowest prices available.
For teen boys, one of the largest things that are used to help calculate the amount you pay for auto insurance is where your residence is. Areas with high crime rates or more dense population tend to pay slightly more, whereas areas with less people or fewer weather incidents benefit from lower rates.
The following table rates the most expensive areas in Georgia for teenage males in which to buy car insurance. Atlanta ranks #2 with the annual price of $1,419 for car insurance, which is about $118 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | East Point | $1,480 |
| 2 | Atlanta | $1,419 |
| 3 | North Atlanta | $1,349 |
| 4 | Dunwoody | $1,307 |
| 5 | Mableton | $1,293 |
| 6 | Smyrna | $1,292 |
| 7 | Alpharetta | $1,284 |
| 8 | Macon | $1,279 |
| 9 | Sandy Springs | $1,268 |
| 10 | Marietta | $1,253 |
| 11 | Roswell | $1,235 |
| 12 | Gainesville | $1,220 |
| 13 | Augusta | $1,209 |
| 14 | Columbus | $1,206 |
| 15 | Peachtree City | $1,192 |
| 16 | Savannah | $1,191 |
| 17 | Athens | $1,170 |
| 18 | Rome | $1,170 |
| 19 | Albany | $1,154 |
| 20 | Martinez | $1,152 |
| Get a Custom Quote Go | ||
Annual rates are comparative as the specific geographic location can modify price quotes substantially.
Deciphering which companies offer the cheapest auto insurance rates for teenage males will take a bit more work in order to find the most economical policy. Every insurance provider has a unique approach for determining rates, so we’ll take a look at the most competitive auto insurance companies in Atlanta, GA.
It’s important to know that Atlanta, GA auto insurance rates are impacted by many things that can increase your annual premium. Simply getting older, having a teen driver, or getting caught speeding may prompt premium changes resulting in some rates now being more affordable than the competition.
Best Insurance Companies for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Auto-Owners | $855 |
| 2 | The Hartford | $886 |
| 3 | USAA | $1,008 |
| 4 | Central Mutual | $1,169 |
| 5 | MetLife | $1,238 |
| 6 | Georgia Farm Bureau | $1,260 |
| 7 | Travelers | $1,331 |
| 8 | State Farm | $1,390 |
| 9 | Country | $1,391 |
| 10 | Safeco | $1,397 |
| 11 | Mercury | $1,397 |
| 12 | Allied | $1,424 |
| 13 | California Casualty | $1,531 |
| 14 | Encompass | $1,639 |
| 15 | Progressive | $1,738 |
| 16 | Nationwide | $1,883 |
| 17 | Liberty Mutual | $1,984 |
| 18 | GEICO | $2,165 |
| 19 | Allstate | $2,180 |
| 20 | Victoria | $2,509 |
| Quote Your Rates Go | ||
Auto-Owners quotes some of the most affordable car insurance rates in Atlanta at around $855 per year. The Hartford, USAA, Central Mutual, and MetLife would also make the list of some of the cheaper Atlanta, GA auto insurance companies.
In the above rates, if you are a policyholder with Central Mutual and switched to The Hartford, you could earn annual savings of roughly $283. Policyholders with MetLife might save as much as $352 a year, and Georgia Farm Bureau insureds might lower prices by $374 a year.
Understand that those premium estimates are averaged for all types of drivers and the different vehicles they drive and and are not figured with an exact vehicle garaging location for teenage males. So the company that can offer you the best price may not even be in the top 20 companies in the list above. That is why you need to get quotes using your own driver data and vehicle information.
Full coverage versus liability only rates
Paying less for auto insurance is important to the majority of drivers, and one of the best ways to find cheap insurance for teenage males is to only buy liability insurance. The information below shows the difference between insurance prices with full physical damage coverage and with liability coverage only. The premiums are based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no policy discounts are applied.
If we average all the age groups together, comp and collision coverage costs $2,199 per year over having just liability coverage. That brings up the question if paying for full coverage is worth it. There is no specific rule for phasing out comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is about 10% or more of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your vehicle’s replacement cost is $4,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $3,000 after paying your deductible. If you are paying more than $300 a year to have full coverage, then you may need to consider dropping full coverage.
The chart below illustrates how your choice of deductibles can impact insurance costs when searching for cheap insurance for teenage males. Data assumes a single male driver, full physical damage coverage, and no discounts are factored in.
The data above shows that a 40-year-old driver could lower their policy premium by $452 a year by increasing from a $100 deductible to a $500 deductible, or save $680 by using a $1,000 deductible. Young drivers, such as the 20-year-old chart data, can cut up to $1,490 every year by choosing a higher deductible.
When increasing deductibles, it will be important to have enough savings set aside to allow you to cover the extra out-of-pocket expense, which is the main drawback of higher deductibles.
If you prefer to get some help when shopping for the best coverage for teen boys, the agents below can help you determine which is the best policy. To find an Atlanta insurance agent in your neighborhood, click the button at the bottom of the list or click here to compare price quotes now.
InsuranceHub | Nationwide Insurance | Atlanta Office
1830 Water Pl #105 – Atlanta, GA 30339 – (404) 892-2864
Dale Massey – State Farm Insurance Agent
4605 Roswell Rd NE – Atlanta, GA 30342 – (404) 257-8880
Nationwide Insurance: Tommy Jones Agency
3201 Atlanta Industrial Pkwy NW b220 – Atlanta, GA 30331 – (404) 660-3821
Allstate Insurance: Drew Niess
3133 Maple Dr NE Ste 100 – Atlanta, GA 30305 – (404) 477-5500
View more Atlanta, GA insurance agencies
How to find more affordable auto insurance for teenage males
It’s not impossible to find cheaper rates, and here are many penny-pinching solutions that can help you locate cheaper car insurance.
- Higher comprehensive and collision coverage deductibles will save money
- At-fault accidents can raise rates significantly
- Do not get traffic citations
- Too many claims can make car insurance unaffordable
- Full coverage is expensive so only insure older vehicles for liability only
- Comparison shop at least every other year
The last suggestion is notably significant, as we emphasized in this write-up. Coverage prices can be adjusted at any time, so drivers shouldn’t be resistant to change to a new company if a lower-cost policy is available. Many consumers stick with the same company and that’s fine, but it isn’t a good idea if it’s costing you lots of hard earned cash every month. In less than five minutes you could compare prices and find cheaper car insurance for teenage males in Atlanta.