Comparing rates for low-priced insurance is confusing at best, and determining which companies have the lowest-priced auto insurance rates for 19 year olds will take even more work.
Each auto insurance company has a different process to establish rates, so let’s take a look at the auto insurance companies that tend to have lower prices in Honolulu, HI.
Best Cheap Insurance Rates for Teens
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $936 |
| 2 | State Farm | $1,076 |
| 3 | GEICO | $1,335 |
| 4 | Liberty Mutual | $1,421 |
| 5 | Progressive | $1,576 |
| 6 | Allstate | $1,926 |
| 7 | First of Hawaii | $1,987 |
| 8 | AIG | $2,397 |
| Find Your Rate Go | ||
USAA offers some of the lowest car insurance rates in Honolulu at around $936 a year. This is $660 less than the average rate paid by Hawaii drivers of $1,596. State Farm, GEICO, Liberty Mutual, and Progressive also rank well as some of the lowest-priced Honolulu, HI auto insurance companies.
As depicted above, if you currently buy coverage from Liberty Mutual and switched to State Farm, you could realize yearly savings of around $345. Hawaii drivers with Progressive might save as much as $500 a year, and Allstate customers might reduce prices by as much as $850 a year.
To get a fast rate comparison, click here or quote prices from the following companies.
Be aware that those estimates are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a specific location for 19 year olds. So the car insurance company that can offer you the best price may not even be in the list above. That’s why you need to compare as many prices as possible using your own driver information and specific vehicle type.
One of the more important criteria that are used to help calculate the cost of insurance is your zip code. Regions with larger populations or more claims tend to have more expensive car insurance rates, whereas areas with less crime or weather claims tend to receive slightly lower rates.
The table below shows the most costly cities in Hawaii for 19 year olds in which to buy car insurance. Honolulu is listed at #7 with an annual premium of $1,036 for the average insurance policy, which is approximately $86 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Hilo | $1,109 |
| 2 | Kailua | $1,084 |
| 3 | Waimalu | $1,047 |
| 4 | Kaneohe | $1,047 |
| 5 | Ewa Beach | $1,046 |
| 6 | Pearl City | $1,036 |
| 7 | Honolulu | $1,036 |
| 8 | Kihei | $1,026 |
| 9 | Wailuku | $1,026 |
| 10 | Royal Kunia | $1,026 |
| 11 | Makakilo | $1,026 |
| 12 | Lahaina | $1,026 |
| 13 | Waipahu | $1,026 |
| 14 | Wahiawa | $1,016 |
| 15 | Mililani Town | $1,016 |
| 16 | Ewa Gentry | $1,015 |
| 17 | Waianae | $1,005 |
| 18 | Nanakuli | $1,005 |
| 19 | Mililani Mauka | $1,005 |
| 20 | Kapolei | $1,005 |
| Compare Prices Now Go | ||
Annual rates are approximated as zip code location can influence rates significantly.
The vehicle requiring coverage is one of the largest factors that determines whether or not you can buy low-cost coverage for 19 year olds. Vehicles with reasonable performance levels, good safety features, or low incidents of liability claims will cost significantly less to insure than fast, unsafe models.
The data below estimates insurance premiums for a number of the cheapest vehicles to insure in Hawaii.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord LX-P 4-Dr Sedan | $2,862 |
| Hyundai Elantra GLS Touring Station Wagon | $2,872 |
| Ford Escape XLT 2WD | $2,862 |
| Honda CR-V EX-L 2WD | $2,900 |
| Toyota Prius | $3,135 |
| Ford F-150 XL Super Cab 2WD | $3,161 |
| Jeep Wrangler Sport Islander Package 4WD 2-Dr | $3,169 |
| Volkswagen Jetta 2.0T Station Wagon | $3,335 |
| Chevrolet Impala LS | $3,360 |
| Ford Edge Limited 2WD | $3,365 |
| Ford Focus SE 4-Dr Sedan | $3,360 |
| Honda Odyssey EX | $3,370 |
| Chevrolet Equinox LT AWD | $3,398 |
| Toyota RAV4 2WD | $3,404 |
| Dodge Grand Caravan Hero | $3,398 |
| Chevrolet Silverado LS Regular Cab 2WD | $3,421 |
| Toyota Tacoma Double Cab TRD Sport Package 4WD | $3,434 |
| Ford Explorer Limited 2WD | $3,440 |
| Toyota Camry XLE | $3,598 |
| Toyota Corolla S | $3,607 |
| Find Cheaper Rates Go | |
Above prices assume single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Hawaii minimum liability limits. Discounts applied include safe-driver, and claim-free. Rates do not factor in your specific Honolulu, HI location which can affect premium rates substantially.
Looking at the numbers, we can assume that cars like the Honda Accord, Hyundai Elantra, Ford Escape, and Honda CR-V are most likely going to be the most budget-friendly vehicles to insure for teenage drivers. The price of auto insurance will be more costly just due to the fact that there is more exposure for 19 year olds, but overall those specific models will probably have the lowest prices that you’ll find.
How violations and accidents impact rates
The best way to score affordable auto insurance prices for teenage drivers is to drive cautiously and avoid accidents and traffic violations. The information below highlights how speeding tickets and accidents impact insurance prices for different insured age categories. The information is based on a single male driver, full physical damage coverage, $500 deductibles, and no other discounts are factored in.
In the prior example, the average cost of car insurance per year with no violations or accidents is $1,372. Add in two speeding tickets and the average cost rises to $1,814, an increase of $442 each year. Next add one accident along with the two speeding tickets and the yearly cost of auto insurance for 19 year olds increases to an average of $2,257. That’s an increase of $885, or $74 per month, just for a couple of infractions!
Liability only or full coverage
Saving on auto insurance is the goal of most drivers, and one of the fastest ways to save on the cost of insurance for 19 year olds is to not insure for full coverage. The chart below shows the comparison of car insurance rates when comparing full coverage to liability only. The rates are based on no claims or driving violations, $250 deductibles, single status, and no discounts are taken into consideration.
If we average the cost for ages 20 through 70, full coverage costs an additional $1,396 per year over having just liability coverage. Lot’s of drivers question when is it a good idea to stop buying full coverage. There isn’t a written rule of when to phase out full coverage, but there is a guideline you can consider. If the annual cost of coverage is about 10% or more of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.
The chart below illustrates how your deductible choice can affect premium costs when searching for cheap insurance for 19 year olds. The premiums are based on a single male driver, full physical damage coverage, and no policy discounts are applied.
As shown above, a 50-year-old driver could cut expenses by $218 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $328 by choosing a $1,000 deductible. Youthful drivers, like the age 20 example, could save as much as $714 each year by choosing larger deductibles on their policy. When using a larger deductible, it is essential to have spare funds to enable you to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
How to find cheaper car insurance for 19 year olds
Below you’ll find some of the better penny-pinching suggestions that can help Honolulu drivers find cheaper car insurance.
- Do not insure for full coverage
- Avoid speeding and other traffic citations and pay less
- Increase physical damage deductibles
- Accident-free drivers may qualify for discounts
- Buy vehicles with good safety ratings
- Better credit scores save money
- Compare rates regularly to ensure the best deal
The last tip in the list is especially vital, as was affirmed in the article above. Car insurance rates adjust frequently, so don’t be tentative to change to a new company if a more affordable price is available.
Sticking with a specific company is fine, but it’s not recommended if it’s costing you a small fortune. Now is a great time to compare rates to find cheaper insurance for 19 year olds in Honolulu.
If you aren’t sure which coverage to buy and prefer to get some guidance when buying car insurance for teenage drivers, the agents shown below can provide answers to your questions and help you determine which car insurance policy is best.
To locate an agency close to you, click the button at the bottom or click here to compare rates now.
- Sean Huh – State Farm Insurance Agent
23 S Vineyard Blvd #205 – Honolulu, HI 96813 – (808) 528-0001 - Pyramid Insurance Center Ltd
420 Waiakamilo Rd – Honolulu, HI 96817 – (808) 527-7667 - Tina Tay – State Farm Insurance Agent
3615 Harding Ave Ste 303 – Honolulu, HI 96816 – (808) 394-5433 - Allstate Insurance: Thomas Choi
1130 N Nimitz Hwy Rm A260 – Honolulu, HI 96817 – (808) 664-0970