The words “affordable” and “insurance” really should not be used together, in particular when trying to find the best insurance rates for 20 year old women. To help control this cost, let’s take a look at a few of the things that influence insurance rates, and figure out some ideas to cut the cost of the next policy you buy.
The make and model of vehicle requiring insurance is one of the largest considerations when comparing the lowest-priced auto insurance for 20 year old women. Vehicles with higher performance characteristics, poor safety ratings, or a history of substantial liability claims will cost more to insure than more modest models. The next list shows coverage rates for a handful of the most cost-effective automobiles to insure.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$2,126|
|Ford Escape Limited 2WD||$2,157|
|Jeep Wrangler Sport 4WD 2-Dr||$2,217|
|Hyundai Elantra SE Touring Station Wagon||$2,293|
|Ford F-150 XL Super Cab 4WD||$2,385|
|Dodge Grand Caravan CV||$2,392|
|Volkswagen Jetta SE 2.5 Station Wagon||$2,461|
|Honda Odyssey EX W/Rear Entertainment||$2,490|
|Chevrolet Impala LT||$2,521|
|Toyota RAV4 Limited 4WD||$2,527|
|Toyota Tacoma Double Cab 4WD||$2,521|
|Chevrolet Malibu Hybrid||$2,529|
|Ford Explorer Limited AWD||$2,552|
|Ford Focus SEL 4-Dr Sedan||$2,626|
|Toyota Corolla XLE||$2,657|
|Ford Edge Sport AWD||$2,665|
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Table data assumes single female driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in vehicle location which can alter insurance rates significantly.
Based upon these rates, models like the Honda CR-V, Ford Escape, Jeep Wrangler, and Hyundai Elantra are most likely to be a few of the more affordable vehicles to insure for young women. Rates will tend to be higher just because there is more claim exposure for 20 year old women, but overall those vehicles will probably have the lowest insurance rates compared to other vehicles.
For young women, one of the largest things that determine insurance cost is where you live in Raleigh. More densely populated places are more likely to pay higher prices, whereas areas with lower crime rates and fewer weather claims benefit from having to pay less for coverage.
The next table sorts the most costly cities in North Carolina for 20 year old women to buy car insurance in. Raleigh makes the list at #16 with an annual premium of $737 for the average insurance policy, which is about $61 each month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Premium amounts are comparative as specific Raleigh zip code can modify premiums significantly.
Which insurance company is best in North Carolina?
Finding the highest-rated car insurance company is hard considering how many companies are available to choose from in Raleigh. The company information below may help you analyze which auto insurers you want to consider comparing price quotes from.
These ratings are only made up of companies who write in the majority of U.S. states, so companies without a large exposure are not factored into this list. To get rate quotes from these and other top-rated companies, simply click here.
Top 10 Large Car Insurance Companies in Raleigh Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Top 10 Large Car Insurance Companies Overall in Raleigh
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Get discount Raleigh insurance
Insurers that offer cheap quotes for 20 year old women may have special discounts that could potentially reduce rates by as much as 35% or more if you qualify. Larger insurance companies and some of the premium reductions they offer are shown below.
- Farm Bureau policyholders can earn discounts including renewal discount, multi-policy, safe driver, multi-vehicle, and good student.
- Liberty Mutual offers premium reductions for preferred payment discount, good student, teen driver discount, multi-car, newly retired, safety features, and multi-policy.
- State Farm includes discounts for Drive Safe & Save, defensive driving training, good student, passive restraint, anti-theft, Steer Clear safe driver discount, and accident-free.
- Auto-Owners Insurance discounts include paid in full, anti-theft, mature driver, group or association, multiple vehicles, and safe vehicle.
- GEICO may offer discounts for multi-policy, military active duty, anti-theft, federal employee, defensive driver, and membership and employees.
- SAFECO has discounts for teen safe driver, anti-theft, bundle discounts, anti-lock brakes, multi-car, and safe driver.
The illustration below shows the comparison of insurance premiums with and without some available policy discounts. The information is based on a male driver, no accidents or driving violations, North Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second shows the rates with good student, paid-in-full, paperless filing, passive restraint, vehicle safety, and continuous coverage discounts applied. In this example, theaverage yearly reduction on insurance for 20 year old women is 19% or $330.
How to find cheaper insurance for 20 year old women
Here are some thrifty ideas that can help Raleigh drivers get lower-cost auto insurance.
- Just one traffic violation will increase your rates
- Good credit can help you save money
- Earn a discount by not filing claims
- Accident-free drivers may qualify for discounts
- Vehicles with safetly features generally cost less to insure
- Check for cheaper rates once a year
The last tip in the list is extremely critical, as was discussed in this piece. Prices in Raleigh adjust frequently, so drivers shouldn’t be reluctant to switch companies if a cheaper price is available. Being loyal to a particular company is commendable, but it’s not a good idea if your bullheadedness ends up costing you lots of money. It only takes a couple minutes to compare rates and find cheaper insurance for 20 year old women.