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What's a good price for insurance when you're 23 years old?
"I'm wondering what a normal rate for car insurance is. I pay $150 a month with State Farm. Is this a good price?"
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“There are a variety of factors that go into car insurance rates. Age, driving record, credit history, location, and the type of vehicle you drive can all impact your rate.
Every driver’s insurance rate is tailored to them. Two people with the same carrier likely aren’t paying the same rate, as every person is different.
At 23, you are still considered a younger driver, which can impact your rates. If you want to figure out if you’re paying the best rate for you, you can shop around.
By requesting
car insurance quotes online
from a variety of carriers, you’ll be able to see what the average price for you will be. You may even be able to find a lower rate than what you’re currently paying.”View full answer
- Gregory R.
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