What is the best car insurance for families?
Car insurance modeled to fit you and your vehicle. Auto insurance for a family can be dynamic — and potentially expensive — so it's important to stay in the loop on the best ways to save. Whether you're getting married, buying a house, or adding teen drivers to your policy, every step on your family's path can have auto insurance rate ramifications.
Let's assess the best ways to find affordable auto insurance for your family.
Auto insurance for young families
Marriage is a major milestone, both personally and for car insurance. Married couples sharing an auto insurance policy are considered stable insurance customers and are rewarded with lower premiums. Controlling for other pricing variables, married drivers save 6% on car insurance.
| Marital Status | Avg. Monthly Premium |
|---|---|
| Married | $134 |
| Widowed | $139 |
| Divorced | $147 |
| Single | $147 |
Dynamic auto insurance data methodology
Methodology: The auto insurance rates displayed above and throughout this page are dynamic, meaning the data will refresh when the most recent information is made available. Rates are based on a sample driver profile — a 30-year-old single male driver with a Honda Accord and full coverage. This profile was adjusted based on common pricing factors used by major car insurance companies, like age, coverage level, driving record and others.
If you and your spouse are homeowners, you can expect to save an extra 2% on your auto insurance policy. Homeowners are seen as less likely to file a claim than renters — and when they do file claims, the payouts tend to be less costly.
If you bundle your home and auto policies with the same insurance company, you can look forward to approximately 10% in savings.
| Homeowner Status | Avg. Monthly Premium |
|---|---|
| Renter | $147 |
| Condo Owner | $144 |
| Home Owner | $144 |
| Renter With Multi-Policy | $140 |
| Condo Owner With Multi-Policy | $133 |
| Home Owner With Multi-Policy | $130 |
Married homeowners enjoy some impressive car insurance savings. But once the children hit driving age, insurance costs tend to rise.
Car insurance for parents with teen drivers
Insurance for teen drivers is very expensive. We pulled rates from five popular insurance companies to determine which company is the cheapest for a family with a teen driver. Based on our most recent study, Nationwide was the cheapest company for a family insuring a teen driver (methodology).
| Insurance company | Average Monthly Rate |
|---|---|
| Allstate | $647 |
| Farmers | $510 |
| GEICO | $329 |
| Nationwide | $285 |
| Progressive | $524 |
| State Farm | $298 |
| USAA | $374 |
Adding a teen driver to your insurance policy can increase your premium by nearly $4,000 per year. If you have multiple driving-aged children, you can expect the increase to be even greater. So, what comes next? Begin your search for auto insurance with GEICO, Nationwide and State Farm before searching elsewhere.
Learn more about auto insurance rates for teen drivers:
Family car insurance discounts
This discount is straightforward. Insurance companies view students with a GPA of 3.0 or better as safer drivers, rewarding them with lower premiums. Most insurance companies require an up-to-date transcript every policy period as proof. Discount amounts vary by company.
Taking a safe driving course — approved by your insurance company — can earn you a discount. Regardless of whether your insurance company provides a defensive driving discount, it’s probably a good idea for a teen driver. The discount amount will vary by company.
This discount is automatically added to your policy if you have a claim-free history. Help your teen keep a clean driving record — no citations, tickets, or at-fault accidents — in order to receive this discount. The discount amount often varies by company.
Don’t let your 16-year-old drive your brand new truck. Teens are historically bad drivers so it’s in your best interest to have them drive a less expensive vehicle such as a used sedan, rather than a car that will fetch a higher insurance premium. Learn more about auto insurance for teens.
Car insurance for families: FAQs
Compare car insurance policies and make an informed decision.
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About The Zebra
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
- The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
- The Zebra’s insurance content is not subject to review or alteration by insurance companies or partners.
- The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
- The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.