Best and Cheapest Car Insurance for New Drivers 2023

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PHILADELPHIA CREAM – As a new driver, you can save money on your car insurance by finding the best deal. Some companies with cheap insurance include GEICO, Erie Insurance, USAA, and State Farm. Check out their financial strength ratings to find out their financial strength. The best scores are “A++”. All of the companies included in this article have good financial strength ratings.


GEICO

If you are a new driver looking for a policy, GEICO is a good choice. The company offers standard coverage plans at low prices and its agents are easy to work with. Geico is the second largest car insurance company in the country.




GEICO’s online system makes it easy to compare different car insurance plans. There are many different discounts and unique features that can benefit you. They also offer accident forgiveness and competitive rates for drivers with bad credit. GEICO also has a usage-based insurance program that reduces rates based on driving habits.

GEICO also offers a student discount for drivers under 26. Drivers over the age of 26 can also get a 25% discount for taking approved defensive driving courses. GEICO also offers discounts for anti-lock brakes and airbags.




USAA

If you’re considering car insurance, USAA has an attractive offer for new drivers. The company offers a free mobile app for new drivers that rewards them for safe driving behaviors and lowers their insurance premiums. Drivers who enroll in the program can earn up to 30% off the initial price of their policy and continue to receive discounts for policy renewals. The program is available in 43 states and Washington, DC, and is expected to expand to nearly every state by 2023.

The telematics application and automatic collision detection technology will streamline the claims process, according to the USAA. Despite improvements in the claims process, road accidents have increased. The company handled 500,000 more claims in 2021 than in 2020. This trend is widely felt as the number of motor vehicle accidents surpassed pre-pandemic levels. Rising auto accidents exacerbate supply chain challenges and lead to longer wait times for consumers.




Erie Insurance

Erie is one of the most affordable auto insurance providers, especially for new drivers. Their auto insurance rates are highly dependent on your credit score and driving history. Plus, they offer several discounts, including for security features on your car and bundling multiple insurance policies. You can also pay your premiums annually. However, you should note that this company only operates in 12 states.

The company offers discounts for drivers under 21, a legacy discount for teenage drivers, and longevity discounts for young people. Their policies are also highly rated and include special insurance features such as a declining deductible. This means that your deductible will decrease each year without a claim.

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