Average Car Insurance Rates by Age and Gender in 2024 [See Actual Rates Here]
Average car insurance rates vary significantly by age and gender. Teen drivers, especially males, face the highest premiums, with males paying up to $200 more per month than females. Car insurance rates decrease for drivers in their late 20s and after retirement, due to increased driving experience and reduced mileage.
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Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
UPDATED: Oct 23, 2024
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Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Oct 23, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Insurers view younger drivers, particularly teenagers, as riskier due to inexperience and the higher likelihood of accidents. For instance, 18-year-olds face average monthly premiums of around $471.
As drivers gain experience, rates tend to decrease, with 30-year-olds paying an average of $132 monthly. Males often face higher premiums due to a higher likelihood of risky driving. Understanding how age and gender affect rates is key to finding the best deals, especially in areas with high-risk factors like elevated drunk driving rates.
By comparing car insurance rates by demographic, drivers can find affordable options. This article outlines average car insurance costs by age and gender, helping you secure the best rates from the best auto insurance companies.
Enter your ZIP code above for personalized quotes.
- Car insurance rates differ significantly based on age and gender factors
- Teenagers and younger drivers pay the highest premiums compared to older drivers
-
Gender affects rates, with males often paying more due to higher risk
Average Car Insurance Premiums by Age and Gender
Does age and gender affect car insurance? Yes, both factors play a part in auto insurance rates.
Car insurance companies vary greatly in the rates at which they charge different drivers. Just as one company may be cheaper than another for car insurance after a DUI, some companies are much better than others for certain age demographics.
Which gender has higher car insurance? Regarding male vs. female car insurance rates, males tend to have the highest rates since they are statistically riskier drivers.
Read more:
- Compare Male vs. Female Car Insurance Rates in Florida
- Compare Male vs. Female Car Insurance Rates in Colorado
Cheapest Car Insurance Companies for 18-Year-Old Drivers
Teenage drivers have some of the highest auto insurance rates. Why is car insurance for young drivers higher? Most insurance companies charge teenage drivers thousands of dollars annually for auto insurance coverage because they are more inexperienced and more likely to crash.
Read more: Compare Car Insurance Rates for Young Drivers With Points
Below are the average full coverage auto insurance rates at different companies for 18-year-old drivers.
Full Coverage Car Insurance Monthly Rates for 18-Year-Old Drivers by Gender & Provider
| Insurance Company | Male Drivers | Female Drivers |
|---|---|---|
| Allstate | $518 | $448 |
| Farmers | $628 | $597 |
| Geico | $253 | $219 |
| Liberty Mutual | $625 | $521 |
| Nationwide | $387 | $302 |
| Progressive | $661 | $590 |
| State Farm | $283 | $229 |
| Travelers | $739 | $530 |
Read more:
- Geico vs. Liberty Mutual Car Insurance Comparison
- Geico vs. The General Car Insurance Comparison
- Geico DriveEasy App Review
A few cheaper auto insurance companies for younger drivers are State Farm and Geico car insurance. Nationwide is also generally one of the cheaper choices for 18-year-old drivers’ car insurance. Young drivers should avoid companies like Progressive, Liberty Mutual, Allstate, and more, where rates are significantly higher per year than those of cheaper companies.
Male drivers can also pay up to $200 monthly more than female drivers. Even the cheapest car insurance companies for 18-year-old drivers charge male drivers more.
We also want to note that the 18-year-old car insurance rates we’ve shown are for 18-year-old drivers purchasing their auto insurance policies. It is much more economical for young drivers to join their parent’s policy rather than purchasing their policy.
Several auto insurance companies allow teenage drivers to stay on their parent’s auto insurance policy even when away at college or university, as long as the student isn’t bringing a car with them.
Read more:
- Compare 19-Year-Old Driver Car Insurance Rates
- Compare Over 21-Years-Old New Driver Car Insurance Rates
Cheapest Car Insurance Companies for 30-Year-Old Drivers
Once drivers are near 30, they will start to see their auto insurance rates dropping, as long as they have kept a clean driving record. Car insurance with a bad driving record will be more expensive. With years of driving experience, 30-year-old drivers are less likely to crash than 18-year-olds.
Below, you can see which auto insurance companies have the best full coverage average car insurance price by age per month for 30-year-old drivers.
Annual Full Coverage Auto Insurance Rates for 30-Year-Old Drivers
| Age and Gender |  |  |  |  |  |  | National Average |
|---|---|---|---|---|---|---|---|
| 30 Y/O Male w/a Clean Record | $2,118 | $1,041 | $2,373 | $1,667 | $1,633 | $1,234 | $1,646 |
| 30 Y/O Female w/a Clean Record | $2,021 | $1,078 | $2,072 | $1,519 | $1,569 | $1,122 | $1,523 |
For 30-year-old drivers, some of the insurance companies that tend to be cheaper are Geico, State Farm, and Travelers. More expensive companies will be companies like Allstate or Liberty Mutual. Geico is the only company on the list that charges females more than males.
Cheapest Car Insurance Companies for 45-Year-Old Drivers
As with the 30-year-old drivers, some of the cheaper insurance companies for 45-year-olds are the companies Geico, State Farm, and Travelers. On the other hand, more expensive companies tend to be Allstate, Progressive, Liberty Mutual, and others.
Annual Full Coverage Auto Insurance Rates for 45-Year-Old Drivers
| Age and Gender | | | | | | | National Average |
|---|---|---|---|---|---|---|---|
| 45 Y/O Male w/a Clean Record | $1,919 | $962 | $2,066 | $1,376 | $1,261 | $1,032 | $1,411 |
| 45 Y/O Female w/a Clean Record | $1,941 | $958 | $2,034 | $1,355 | $1,340 | $1,032 | $1,413 |
Is car insurance higher for males? For Allstate and Progressive, these companies charge females more than males. We recommend starting with getting quotes from the companies with the cheapest car insurance rates on average in order to see if one offers a cheaper rate than what you currently have.
Cheapest Car Insurance Companies for 55-Year-Old Drivers
Drivers in their 50s will start to see a reduction in their auto insurance rates, especially if they retire early. Car insurance for retirees is often less. Because older drivers have years of driving experience under their belts, insurance companies will charge them less as long as drivers have relatively clean driving records. Below, we’ve listed the average rates for 55-year-old drivers.
Annual Full Coverage Auto Insurance Rates for 55-Year-Old Drivers
| Age and Gender | | | | | | | National Average |
|---|---|---|---|---|---|---|---|
| 55 Y/O Male w/a Clean Record | $1,820 | $912 | $1,959 | $1,305 | $1,196 | $978 | $1,338 |
| 55 Y/O Female w/a Clean Record | $1,841 | $909 | $1,929 | $1,285 | $1,271 | $978 | $1,341 |
Drivers in their 50s should look into State Farm, Geico, and Travelers first, as these companies tend to offer some of the cheaper average rates. Companies that drivers should look at as a last resort are Liberty Mutual and Allstate, as they have some of the most expensive rates for 55-year-old drivers with clean driving records. Allstate and Progressive also charge higher rates for 55-year-old female drivers.
Cheapest Car Insurance Companies for 65-Year-Old Drivers
Once drivers retire, they will see a drop in their auto insurance rates. This is because retired drivers tend to drive less than when they worked, and some insurance companies offer discounts on auto insurance for seniors.
The table below shows the average auto insurance rates for 65-year-old drivers.
Annual Full Coverage Auto Insurance Rates for 65-Year-Old Drivers
| Age and Gender | | | | | | | National Average |
|---|---|---|---|---|---|---|---|
| 65 Y/O Male w/a Clean Record | $1,878 | $941 | $2,022 | $1,347 | $1,234 | $1,010 | $1,381 |
| 65 Y/O Female w/a Clean Record | $1,900 | $938 | $1,991 | $1,327 | $1,312 | $1,010 | $1,383 |
Geico and State Farm have some of the cheapest car insurance for seniors. Their average monthly rates for full coverage are less than one hundred dollars per month. However, companies like Allstate and Liberty Mutual have average rates of well over a hundred dollars, making them more expensive options for car insurance. Once again, Allstate and Progressive have lower rates for male drivers.
Read more:
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Average Car Insurance Rates By Age and State
One factor that can impact how much you pay for auto insurance is your location. Some states have significantly more expensive rates on average than others, so we want to give you an idea of how auto insurance rates by age can vary depending on where you live.
What age group has the cheapest car insurance? Take a look at the table below to see average rates by state below.
Full Coverage Car Insurance Monthly Rates by State and Provider
| State | Allstate | Geico | Nationwide | Progressive | State Farm | Travelers | U.S. Average |
|---|---|---|---|---|---|---|---|
| Alabama | $108 | $89 | $96 | $112 | $108 | $79 | $105 |
| Alaska | $135 | $76 | $108 | $97 | $65 | $93 | $103 |
| Arizona | $180 | $65 | $116 | $84 | $81 | $104 | $112 |
| Arkansas | $162 | $91 | $128 | $131 | $80 | $111 | $116 |
| California | $199 | $101 | $142 | $132 | $108 | $122 | $140 |
| Colorado | $166 | $94 | $107 | $120 | $94 | $114 | $115 |
| Connecticut | $196 | $62 | $112 | $133 | $91 | $83 | $123 |
| Delaware | $207 | $101 | $144 | $90 | $116 | $82 | $156 |
| Florida | $183 | $89 | $103 | $153 | $99 | $166 | $142 |
| Georgia | $165 | $61 | $152 | $115 | $107 | $110 | $132 |
| Hawaii | $118 | $60 | $84 | $78 | $64 | $72 | $83 |
| Idaho | $128 | $57 | $82 | $91 | $53 | $57 | $77 |
| Illinois | $176 | $47 | $93 | $89 | $64 | $87 | $92 |
| Indiana | $140 | $63 | $97 | $69 | $71 | $69 | $92 |
| Iowa | $126 | $81 | $73 | $75 | $65 | $92 | $86 |
| Kansas | $160 | $75 | $92 | $127 | $81 | $87 | $111 |
| Kentucky | $236 | $80 | $184 | $111 | $98 | $139 | $145 |
| Louisiana | $206 | $141 | $181 | $161 | $124 | $156 | $173 |
| Maine | $108 | $37 | $87 | $94 | $59 | $61 | $80 |
| Maryland | $201 | $135 | $106 | $121 | $107 | $103 | $129 |
| Massachusetts | $143 | $72 | $103 | $95 | $78 | $88 | $101 |
| Michigan | $406 | $99 | $257 | $152 | $209 | $183 | $238 |
| Minnesota | $160 | $90 | $87 | $101 | $67 | $94 | $124 |
| Mississippi | $147 | $72 | $96 | $120 | $82 | $88 | $105 |
| Missouri | $148 | $90 | $66 | $98 | $85 | $114 | $102 |
| Montana | $154 | $82 | $88 | $171 | $70 | $111 | $107 |
| Nebraska | $125 | $92 | $77 | $95 | $69 | $102 | $104 |
| Nevada | $165 | $110 | $112 | $82 | $103 | $91 | $114 |
| New Hampshire | $128 | $50 | $77 | $63 | $59 | $69 | $86 |
| New Jersey | $157 | $74 | $119 | $93 | $113 | $136 | $138 |
| New Mexico | $158 | $90 | $96 | $86 | $69 | $91 | $105 |
| New York | $147 | $78 | $164 | $96 | $137 | $175 | $138 |
| North Carolina | $169 | $69 | $111 | $32 | $77 | $99 | $86 |
| North Dakota | $136 | $61 | $77 | $110 | $76 | $88 | $124 |
| Ohio | $120 | $59 | $114 | $85 | $70 | $63 | $82 |
| Oklahoma | $135 | $109 | $122 | $110 | $91 | $105 | $118 |
| Oregon | $153 | $93 | $111 | $78 | $75 | $97 | $102 |
| Pennsylvania | $148 | $68 | $86 | $148 | $76 | $75 | $112 |
| Rhode Island | $189 | $125 | $190 | $116 | $76 | $103 | $143 |
| South Carolina | $133 | $79 | $118 | $105 | $88 | $105 | $117 |
| South Dakota | $136 | $57 | $76 | $105 | $67 | $97 | $109 |
| Tennessee | $144 | $78 | $118 | $92 | $72 | $88 | $102 |
| Texas | $201 | $105 | $154 | $121 | $90 | $101 | $133 |
| Utah | $117 | $73 | $93 | $95 | $103 | $88 | $96 |
| Vermont | $142 | $38 | $77 | $181 | $87 | $75 | $93 |
| Virginia | $103 | $69 | $86 | $61 | $63 | $73 | $81 |
| Washington | $114 | $75 | $70 | $60 | $69 | $81 | $80 |
| Washington, D.C. | $241 | $69 | $172 | $115 | $111 | $102 | $129 |
| West Virginia | $162 | $83 | $104 | $110 | $79 | $102 | $116 |
| Wisconsin | $123 | $62 | $226 | $94 | $58 | $72 | $94 |
| Wyoming | $155 | $111 | $114 | $106 | $82 | $98 | $104 |
If you live in one of the more expensive states for car insurance, it is important to shop around for auto insurance quotes. While even the cheapest companies may charge more than they would in other states, comparing car insurance rates will allow you to afford better coverage for a lower price.
How Age Affects Car Insurance Rates
Why does age affect how much you pay for auto insurance? The three main factors related to a driver’s age are health problems, driving experience, and driving habits. Below, we’ve outlined how these factors affect average auto insurance costs by age:
- Teenage Drivers: Teen drivers are inexperienced and more likely to participate in risky driving behaviors, such as not wearing seat belts or speeding. This makes them more likely to crash and file an insurance claim, so teen car insurance is more.
- Adult Drivers: Drivers will see a reduction in rates once they hit their late twenties. As long as drivers keep a clean driving record, their rates will continue to decrease and significantly drop once they hit retirement age.
- Senior Drivers: Recently retired drivers will see a drop in insurance rates as they drive less. However, senior drivers will see their rates increase again as they hit their 70s and 80s.
Insurance companies increase rates for senior drivers a decade or two after retirement age because of the increased risk of health issues affecting their ability to drive. For example, senior drivers may have decreased reaction time, worsening vision problems, medications affecting driving performance, and more.
However, no matter your age, you can usually find cheap auto insurance rates by shopping around and comparing free quotes. It would be best if you also took advantage of age-related car insurance discounts offered at your insurance company, such as defensive driver discounts or good student discounts.
Age isn’t the only thing that will affect how much you pay for car insurance. Some of the other significant factors that will affect your car insurance rates are as follows:
- Credit Score: Insurance companies can use drivers’ credit scores in some states as a rating factor. Drivers with poor credit scores will pay more.
- Driving Record: At-fault accidents, DUIs, and traffic tickets will always raise your auto insurance rates as you’re now riskier to insure due to your driving record.
- Location: Multiple risk factors are associated with where you live, such as local traffic, crashes, weather, wildlife, and crime. Areas that are deemed high-risk will have more expensive auto insurance rates on average.
- Vehicle: Your choice of vehicle will affect your auto insurance rates. For example, a sports car will cost more to insure than a minivan with good safety and crash ratings.
Keeping a clean driving record, improving your credit score, and choosing a safe car with affordable replacement parts will go a long way to keeping your auto insurance rates low.
How Gender Impacts Car Insurance Rates
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The Influence of Age and Gender on Auto Insurance Premiums
A driver’s age and gender have a significant impact on how much they pay for auto insurance, especially if they are a teenager. The good news is that if you are a safe driver with a clean driving record, this will go a long way to reducing your auto insurance rates, no matter your age. Many insurers offer safe driver car insurance discounts, helping you save even more.
Shopping around for car insurance quotes will also help most drivers find savings. Use our free quote comparison tool to see if you can find better auto insurance rates in your area.
Frequently Asked Questions
Do car insurance quotes affect credit score?
Car insurance quotes themselves do not directly affect your credit score. However, if you allow an insurer to perform a hard inquiry on your credit report, it may have a temporary impact on your score.
Does the age of the car affect insurance?
Does car age affect insurance? Yes, the age of your car can affect your insurance premiums. Older cars may have lower replacement costs, leading to lower premiums, while newer cars typically have higher values and may cost more to insure.
How does age affect car insurance rates?
How does age affect car insurance? Age affects car insurance rates due to driving experience and health issues. Older drivers may qualify for discounts and lower rates with a clean driving record. Find out here why car insurance is so expensive.
Does car insurance increase with age?
Generally, car insurance rates may decrease as you get older, especially after the age of 25, when many insurers start to offer lower rates for more mature drivers.
Does gender affect car insurance?
Yes, gender can affect car insurance rates. Statistically, male drivers, especially young males, are more likely to be involved in accidents, leading to higher premiums compared to female drivers.
Is car insurance cheaper as you get older?
Yes, car insurance becomes cheaper as you age, particularly after reaching your mid-20s, due to increased driving experience and lower risk. Here is how to lower your car insurance rates.
Is car insurance cheaper for males or females?
Which gender pays more for car insurance? In general, car insurance is cheaper for females. However, rates can vary based on other factors such as driving history and location.
Which age group pays most for car insurance?
Which age group pays the most for car insurance? Young drivers, particularly those aged 16 to 25, typically pay the most for car insurance due to higher risk profiles.
At what age do you get cheaper car insurance?
Drivers typically start to see lower rates around the age of 25.
What age does car insurance go down for females?
Car insurance rates for females generally begin to decrease after age 25. This shift can make coverage more affordable, and our article “Best Car Insurance for Young Women” can help you find suitable options tailored to your needs.
What age is car insurance the cheapest?
Car insurance is often the cheapest for drivers in their 30s and 40s, as they usually have more driving experience and lower risk.
What’s a normal car insurance rate?
An average car insurance rate varies widely based on location, driving history, and vehicle type, but the average annual premium in the U.S. is around $1,500. To explore insurance rates, simply enter your ZIP code below.
What age does car insurance go down for males?
Car insurance rates for males typically decrease around the age of 25.
How much is car insurance for an 18-year-old per month?
How much does car insurance cost for an 18-year-old? Car insurance for an 18-year-old can average between $300 to $600 per month, depending on various factors, including location and driving history. To better understand your potential costs, explore our “Car Insurance Calculator” for more insights.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.