For teen drivers, one of the more important criteria that help determine the price you pay for insurance is where your residence is. Regions with larger populations or more claims tend to pay more, whereas less populated areas receive better rates.
The table below shows the highest-priced areas in Florida for teenagers in which to buy car insurance. Tampa shows up at #10 with the yearly price of $2,532 for the average insured, which is approximately $211 monthly.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hialeah | $3,488 |
| 2 | Miami Gardens | $3,181 |
| 3 | Miami | $3,145 |
| 4 | Miami Beach | $3,043 |
| 5 | Miramar | $2,683 |
| 6 | West Palm Beach | $2,599 |
| 7 | Fort Lauderdale | $2,576 |
| 8 | Coral Springs | $2,574 |
| 9 | Davie | $2,548 |
| 10 | Tampa | $2,532 |
| 11 | Hollywood | $2,526 |
| 12 | Pompano Beach | $2,518 |
| 13 | Pembroke Pines | $2,407 |
| 14 | Brandon | $2,298 |
| 15 | St. Petersburg | $2,263 |
| 16 | Clearwater | $2,238 |
| 17 | Spring Hill | $2,102 |
| 18 | Orlando | $2,069 |
| 19 | Port St. Lucie | $1,994 |
| 20 | Jacksonville | $1,980 |
| 21 | Cape Coral | $1,917 |
| 22 | Lakeland | $1,827 |
| 23 | Palm Bay | $1,803 |
| 24 | Tallahassee | $1,784 |
| 25 | Gainesville | $1,630 |
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Table data uses comparative as the vehicle garaging location can change price quotes substantially.
The vehicle model needing coverage is one of the largest factors when comparing affordable insurance for teenagers. Vehicles with high performance features, poor crash test ratings, or high incidents of liability claims will cost quite a bit more to insure than safer, lower-performance models.
The table below outlines coverage premiums for some of the cheaper vehicles to buy coverage for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 4WD | $8,941 |
| Ford Escape Limited 4WD | $9,575 |
| Toyota Prius | $9,662 |
| Dodge Grand Caravan SE | $10,056 |
| Ford Explorer XLT AWD | $10,065 |
| Volkswagen Jetta SE 2.5 Station Wagon | $10,209 |
| Toyota Tacoma 2WD | $10,517 |
| Ford Edge SE AWD | $10,522 |
| Chevrolet Equinox LS 2WD | $10,603 |
| Jeep Grand Cherokee Laredo 2WD | $10,608 |
| Toyota RAV4 Limited 2WD | $10,603 |
| Chevrolet Impala LT | $10,613 |
| GMC Sierra SLE Regular Cab 2WD | $10,603 |
| Ford F-150 Lariat Super Cab 4WD | $10,690 |
| Hyundai Elantra Blue 4-Dr Sedan | $11,064 |
| Toyota Corolla LE | $11,151 |
| Toyota Camry SE | $11,157 |
| Honda Odyssey EX-L W/Navigation | $11,151 |
| GMC Sierra 2500HD SLE Extended Cab 4WD | $11,237 |
| Chevrolet Silverado LT Crew Cab 4WD | $11,245 |
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Data variables include single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, and safe-driver. Rate quotes do not factor in the specific area where the vehicle is garaged which can decrease or increase premium rates greatly.
By looking at the data, you can figure that models like the Honda CR-V, Ford Escape, Toyota Prius, and Dodge Grand Caravan are a few of the cheaper vehicles to insure for teen drivers. The price of auto insurance will tend to be more expensive just because there is more inherent risk for teenagers, but overall those particular models will probably have the cheapest car insurance rates compared to other vehicles.
Comparing quotes for cost effective insurance is not the easiest thing to do, and deciding which companies quote the best car insurance rates for teenagers will take even more shopping around.
Each insurance company uses their own calculation to set policy rates, so let’s begin by taking a look at the most affordable car insurance companies in Tampa.
Find the Best Cheap Insurance for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $957 |
| 2 | Electric | $1,694 |
| 3 | Amica | $1,712 |
| 4 | Progressive | $1,829 |
| 5 | Travelers | $1,869 |
| 6 | Allied | $1,926 |
| 7 | Mercury | $1,933 |
| 8 | Esurance | $2,082 |
| 9 | Auto-Owners | $2,085 |
| 10 | State Farm | $2,110 |
| 11 | GEICO | $2,172 |
| 12 | Allstate | $2,317 |
| 13 | 21st Century | $2,445 |
| 14 | Windhaven Insurance | $2,575 |
| 15 | Safeco | $2,927 |
| 16 | MetLife | $2,958 |
| 17 | Liberty Mutual | $3,009 |
| 18 | Hanover | $3,024 |
| 19 | United Automobile | $3,422 |
| 20 | Direct General | $3,942 |
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USAA normally has some of the most affordable car insurance rates in Tampa at around $957 per year. This is $1,491 less than the average premium paid by Florida drivers of $2,448. Electric, Amica, Progressive, and Travelers also rank well as some of the best Tampa, FL car insurance companies.
In the above example, if you buy coverage from Progressive and switched to USAA, you could see an annual savings of around $872. Drivers with Travelers might save as much as $912 a year, and Allied insureds might see rate reductions of $969 a year.
To find the cheapest coverage for you, click here or click through to the companies below.
These premiums are averages across all types of insureds and vehicles and and are not figured with an exact vehicle garaging location for teenagers. So the auto insurance company that fits your age and vehicle best may not even be in the list above. That’s why you need to compare as many prices as possible using your own specific driver information and vehicle.
How accidents and violations affect rates in Tampa
The obvious way to find the best car insurance prices for teen drivers is to drive cautiously and avoid at-fault accidents and violations. The illustration below highlights how traffic violations and at-fault fender-benders can raise insurance premiums for each age group. The premium estimates are based on a married female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are taken into consideration.
In the example above, the average cost of car insurance per year with no accidents or violations is $1,865. Get written up for two speeding tickets and the average cost increases to $2,658, an increase of $793 each year. Now add one accident along with the two speeding tickets and the yearly cost of car insurance for teenagers increases to an average of $3,451. That’s an increase of $1,586, or $132 per month, just for not driving responsibly!
Discounts on Tampa insurance
Insurance providers that offer cheap quotes for teenagers may have special discounts that could reduce prices by 30% or more if you meet the requirements. Popular car insurance companies and some of the premium reductions they offer are detailed below.
- Farm Bureau discounts include multi-policy, safe driver, driver training, 55 and retired, renewal discount, and youthful driver.
- Liberty Mutual may have discounts that include multi-car, hybrid vehicle, newly retired, new move discount, new graduate, new vehicle discount, and good student.
- State Farm includes discounts for student away at school, multiple autos, defensive driving training, good driver, Steer Clear safe driver discount, good student, and multiple policy.
- Auto-Owners Insurance may include discounts for safe driver, good student, paid in full, air bags, and paperless.
- GEICO has discounts for driver training, multi-policy, air bags, membership and employees, and good student.
- SAFECO offers discounts including safe driver, homeowner, teen safe driver, bundle discounts, drive less, anti-theft, and teen safety rewards.
The information below visualizes the comparison of premium costs with and without policy discounts. The price estimates are based on a female driver, a clean driving record, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with good student, continuous coverage, anti-theft, paperless filing, vehicle safety, and passive restraint discounts applied. When these discounts are applied to the policy premium, theaverage yearly reduction on car insurance for teenagers is 28% or $1,010.
The diagram below shows how choosing a deductible can change premium costs when trying to find cheap insurance for teenagers. The premiums are based on a single female driver, full coverage, and no policy discounts are applied.
As shown above, a 50-year-old driver could lower their car insurance rates by $448 a year by changing from a $100 deductible to a $500 deductible, or save $674 by selecting a $1,000 deductible. Even younger drivers, like the 20-year-old example, could shave up to $1,148 each year just by using higher deductibles. When raising deductibles, it will be necessary to have additional funds squirreled away to be able to pay the extra out-of-pocket expense, which is the main drawback of higher deductibles.