The make and model of vehicle that needs insurance is probably the biggest factor when comparing the best cheap coverage for drivers under 25. Vehicles with high performance features, poor passenger safety features, or a track record of large liability claims will cost much more to insure than more modest models.
The next table features auto insurance premiums for a number of the most economical vehicles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$1,849|
|Honda CR-V EX 2WD||$1,858|
|Hyundai Elantra GLS Touring Station Wagon||$1,849|
|Jeep Wrangler Sport 4WD 2-Dr||$1,928|
|Ford Explorer Eddie Bauer 2WD||$2,074|
|Ford F-150 STX Super Cab 4WD||$2,101|
|Honda Odyssey EX||$2,166|
|Toyota Tacoma 2WD||$2,172|
|Chevrolet Malibu Hybrid||$2,193|
|Dodge Grand Caravan Hero||$2,200|
|Toyota RAV4 4WD||$2,193|
|Chevrolet Equinox LS 2WD||$2,202|
|Ford Focus SES 4-Dr Sedan||$2,284|
|Toyota Corolla S||$2,311|
|Chevrolet Impala LTZ||$2,319|
|Ford Edge Sport AWD||$2,311|
|GMC Sierra 2500HD SLE Regular Cab 4WD||$2,338|
|GMC Sierra SL Crew Cab 2WD||$2,347|
|Volkswagen Jetta SEL 4-Dr Sedan||$2,338|
|Jeep Grand Cherokee Limited 4WD||$2,347|
|Nissan Altima Hybrid 4-Dr Sedan||$2,338|
|Chevrolet Silverado 2500HD LTZ Crew Cab 4WD||$2,345|
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Data variables include single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Hawaii minimum liability limits. Discounts applied include claim-free, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can modify coverage rates greatly.
Based upon the table data, makes and models like the Ford Escape, Honda CR-V, and Hyundai Elantra are most likely to be a few of the cheaper vehicles to insure for drivers age 25 and younger. The cost of auto insurance will tend to be higher because there is a higher risk for drivers under 25, but generally speaking those particular models will have the least expensive rates available.
One of the many factors that are looked at to determine insurance cost is where you call home. Cities with larger populations tend to pay more, whereas more rural areas benefit from lower rates.
The illustration below ranks the most expensive places in Hawaii for drivers under 25 to buy auto insurance in. Honolulu is ranked at #18 with the annual price of $1,005 for the average insurance policy, which is about $84 each month.
|Rank||City||Premium Per Year|
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Table data uses estimated as vehicle location can decrease or increase auto insurance rates substantially.
Finding out which company has the best auto insurance rates for drivers under 25 may require more time than just getting one or two price quotes. Each insurance company has their own process to set their prices, so we’ll go over the overall cheapest auto insurance companies in Honolulu, HI.
We do need to point out that Honolulu, HI auto insurance rates are based on many factors which can substantially decrease or increase the price you have to pay for coverage. Turning one year older, marrying your spouse, or getting a driving violation may cause policy rate changes resulting in some rates now being cheaper than others.
Find the Cheapest Auto Insurance for Young Drivers
|Rank||Company||Cost Per Year|
|7||First of Hawaii||$1,947|
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USAA has some of the cheapest car insurance rates in Honolulu at around $926 annually. State Farm, GEICO, Liberty Mutual, and Progressive also qualify as some of the most economical Honolulu, HI auto insurance companies.
In this example, if you are currently insured with Liberty Mutual and switched to USAA, you could realize savings of roughly $523. Hawaii drivers with Progressive might save as much as $634 a year, and Allstate policyholders might cut rates by $1,000 a year.
These estimates are averages for all types of insureds and vehicles and and are not figured with an exact vehicle garaging location for drivers under 25. So the auto insurance company that is best for you may not even be in the list above. That helps illustrate why you need to compare as many prices as possible using your own specific driver and vehicle information.
The diagram below highlights how deductible choice can influence insurance costs when searching for cheap insurance for drivers under 25. The rates are based on a married male driver, comp and collision included, and no additional discounts are factored in.
The chart above illustrates that a 30-year-old driver could lower rates by $204 a year by changing from a $100 deductible to a $500 deductible, or save $310 by switching to a $1,000 deductible. Younger drivers, such as the 20-year-old example, could lower their rates as much as $616 or more just by using higher deductibles. If you do decide to increase your deductibles, it is important to have plenty of discretionary funds to offset the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Careless drivers pay higher rates
One of the best ways to obtain good auto insurance rates in Hawaii for drivers age 25 and younger is to drive safely and avoid accidents and traffic citations. The information below highlights how speeding tickets and at-fault collisions can impact premium costs for each age group. The information is based on a married male driver, comp and collision included, $100 deductibles, and no discounts are applied.
The chart shows that the average cost of an auto insurance policy per year with no accidents and a clean driving record is $1,451. Factor in two speeding tickets and the average cost hikes up to $2,009, an increase of $558 each year. Next add one accident along with the two speeding tickets and the 12-month cost of auto insurance for drivers under 25 jumps again to an average of $2,568. That’s an increase of $1,118, or $93 per month, just for being a little careless behind the wheel!
Hawaii auto insurance company ratings
Buying coverage from the highest-rated auto insurance company can be rather challenging considering how many different companies sell coverage in Hawaii. The rank data listed below could help you pick which providers to look at purchasing a policy from.
The ratings below only include companies that write coverage in many states, so companies that only write business in Hawaii or surrounding areas will not be included in the list. To compare rates from many more Hawaii auto insurance companies, click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
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Data Source: Insure.com Best Car Insurance Companies
The agents shown below are a good start to provide answers to your questions and help you determine which car insurance policy is best, since some people prefer to have a consultation when buying car insurance for drivers under 25. It can be time-consuming to find the best coverage on your own, and insurance agents can give you comfort knowing your policy gives you adequate coverage if you have an accident or claim.
To find an agent in your neighborhood, click the button at the bottom.
Allstate Insurance: Boyd Kauhane
1682 Kalakaua Ave #1 – Honolulu, HI 96826 – (808) 638-3673
Allstate Insurance: Bradley Maruyama
800 S Beretania St Ste 260 – Honolulu, HI 96813 – (808) 591-8016
Jef Saragena – State Farm Insurance Agent
677 Ala Moana Blvd Ste 310 – Honolulu, HI 96813 – (808) 951-0866
Cynthia Leiko Frost – State Farm Insurance Agent
2038 S King St – Honolulu, HI 96826 – (808) 952-5353