TAMPA, Fla., Feb. 28, 2025 -- A recent report by USInsuranceAgents.com ranked Progressive as the best insurer for young adults, with rates below average, a potential 30% usage-based discount, and low customer complaints.
The following complete the top 10 list of providers for young adults:
- USAA
- State Farm
- Allstate
- Nationwide
- Liberty Mutual
- Esurance
- Farmers
- American Family
- Travelers
A recent report by USInsuranceAgents.com ranked Progressive as the best insurer for young adults.
Progressive offers several lines of coverage and many options, allowing customers to have the flexibility to build the policies they want and bundle them together.
Pros and Cons of Top Insurers for Young Adults
USAA is the cheapest option for young adults, but it came in second place because only military members and families are eligible for coverage.
State Farm has low rates. Customers can save even more with safe driving and bundling discounts. They focus on building customer relationships through local agents, but some drivers prefer a more substantial online presence.
Allstate offers customizable coverage, and its policies include perks like accident forgiveness and new car replacement. Its app is user-friendly. However, rates tend to be higher than those of other competitors, so potential policyholders need to weigh the benefits against the cost.
Nationwide offers extensive options at competitive rates, with many available discounts. However, its customer service ratings are not as high as some competitors.
Best Discounts for Young Adults
Melanie Musson, a nationally recognized insurance expert with USInsuranceAgents.com, explains, "Young adults should compare rates to determine which companies offer the best prices, but they can also save by applying eligible discounts."
Good student discounts apply to college-aged adults with a B average or better. Usage-based discounts are an option for good drivers to save money. To qualify, the driver has to agree to allow the insurer to monitor their driving habits.
Car Insurance Savings
One of the best ways to save is to choose the right car. Newer cars with advanced safety features are often cheaper to insure because they lower accident risk. Older cars that don't need full coverage can also be a good option because liability coverage is the most affordable option.
Increasing the deductible can lead to full coverage savings. Building a good driving record leads to lower premiums.
Read USInsuranceAgents.com's entire report here: Best Car Insurance for Young Adults in 2025 (Top 10 Companies Ranked).
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