Average Car Insurance Rates by Age and Gender (2024)

Young male drivers face the highest car insurance rates compared to any other age or gender group. Insurers typically charge young men more for coverage because of their increased likelihood of getting into accidents.

Amy Beardsley
Written byAmy Beardsley
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Amy BeardsleyInsurance Writer
  • 3+ years writing about auto, home, and life insurance

  • 7+ years in personal finance and technology

Amy specializes in insurance and technology writing and has a talent for transforming complex topics into easy-to-understand stories.

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Katie Powers
Edited byKatie Powers
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Katie PowersAuto and Life Insurance Editor
  • Licensed auto and home insurance agent

  • 3+ years experience in insurance and personal finance editing

Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.

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Daniel Roccato
Reviewed byDaniel Roccato
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Daniel RoccatoAdvisor
  • 30+ years in financial services

  • Clinical Professor of Finance, University of San Diego

Dan is a well-recognized and widely quoted financial services expert, regularly appearing in a variety of national and local media as a subject matter expert.

Konstantin Halachev
Data reviewed byKonstantin Halachev
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Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Updated December 19, 2024

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*Quotes generated for Insurify users within the last 10 days. Last updated on December 19, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from December 19, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

*Quotes generated for Insurify users within the last 10 days. Last updated on December 19, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Rates shown are real-time Insurify user quotes from 100+ insurance companies and Quadrant Information Services data. Insurify’s algorithm excludes anomalous quotes and anonymizes personal details, then displays refined quotes by price, date, and insurer popularity up to 10 days ago from December 19, 2024. Actual quotes may vary based on the policy buyer’s unique driver profile.

Your age and gender can affect how much you pay for car insurance. Young drivers, in particular, face high rates because they have less experience and an increased risk of distracted driving and auto accidents. The combination of age and gender influences costs, too. For example, male teenagers typically face higher rates than female teenagers.

Here’s what you need to know about insurance costs by age and gender.

Quick Facts
  • Teenagers pay the highest car insurance rates by driver age.

  • Insurance costs often increase for drivers with past accidents.

  • Your driving record, location, credit-based insurance score, and vehicle type also affect premiums.[1]

Average auto insurance rates by age

Your age has a big effect on what you pay for car insurance. Teenagers pay the most, with an average monthly cost of $369 for full coverage. Younger drivers get into more accidents than middle-aged and senior drivers, based on data from the Insurance Institute for Highway Safety (IIHS).[2]

Prices decrease as you get older, and drivers in their 60s pay the least — around $155 per month for full coverage. But once you reach your 70s, rates start to go back up.

See how age affects full-coverage car insurance costs in the U.S. below.

Full-Coverage Rates by Age

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

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Average auto insurance rates by gender

Men pay higher rates than women, on average. According to the IIHS, men tend to drive more miles on the road and engage in riskier behaviors like speeding and not wearing seat belts.[3] Teen drivers have the largest gap in cost by gender. The average monthly premium for a male teenage driver is $89 more than that for their female counterparts.

Though the categories of male and female don’t represent all gender identities, keep in mind that most auto insurance companies only differentiate between men and women when setting prices.

The table below shows how full-coverage premiums vary by age and gender.

Auto Insurance Rates for Male Drivers

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Auto Insurance Rates for Female Drivers

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

Why age affects car insurance rates

Age directly relates to driving experience and accident risk. Car insurance for young drivers, especially teens, costs more due to a lack of experience behind the wheel. Teens are more prone to distractions and speeding, and they have more fatal car accidents, according to the National Highway Traffic Safety Administration (NHTSA).[4]

As you get older, your driving skills improve and the risk of accidents decreases, leading to a drop in prices. But insurance premiums can start to climb again once you reach age 70. The fatal crash rate of older drivers is higher than middle-aged drivers, making insurance companies consider them high-risk drivers and charge them more for coverage.

Average car insurance rates for young drivers

Consider the table below to see how much car insurance costs on average for 18- and 19-year-olds. As you can see, these teens pay some of the highest rates for coverage. Teenage drivers pay $377 per month, on average, for full-coverage car insurance.

The below rates are estimated rates current as of: Sunday, December 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Monthly Quote: Full Coverage
COUNTRY Financial$45
NJM$66
Auto-Owners$119
Root$134
Erie$155
USAA$165
GEICO$179
Metromile$180
CSAA$194
Mile Auto$205
State Farm$209
Allstate$251
Progressive$275
American Family$282
Mercury$297
Safeco$306
Elephant$310
Nationwide$329
The General$336
Shelter$343
The Hartford$355
Dairyland$363
Direct Auto$364
Clearcover$365
Amica$369
Travelers$370
State Auto$373
National General$388
21st Century$403
Bristol West$422
Farmers$432
Liberty Mutual$443
Infinity$486
GAINSCO$490
Chubb$500
Foremost$500
Commonwealth Casualty$504
AssuranceAmerica$544
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Why is car insurance so expensive for young drivers?

Car insurance companies charge high rates for new drivers for a reason. These young adults lack driving skills, making them more likely to get into car crashes and file claims. Teens between the ages of 16 and 19 have higher accident rates than any other age range.[5]

You can earn car insurance discounts for having good grades or taking a driver’s education or defensive driving class. You should also try to join your parents’ policy since it’s usually cheaper than buying your own car insurance policy. Be sure to shop around and compare a wide range of offers to get the best rates.

Average car insurance rates for middle-aged drivers

Middle-aged drivers typically enjoy lower car insurance rates, with the average cost of car insurance being $185 per month for a full-coverage policy. Car insurers charge less because they see middle-aged motorists as more experienced and less likely to get into accidents or file insurance claims.

Check out the table below to see how much you might pay for coverage in middle age. 

The below rates are estimated rates current as of: Sunday, December 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Monthly Quote: Full Coverage
COUNTRY Financial$35
NJM$48
Auto-Owners$66
Erie$81
Mile Auto$84
USAA$90
Metromile$105
Root$105
State Farm$109
GEICO$113
CSAA$122
Allstate$128
Progressive$133
National General$143
Mercury$150
American Family$150
The Hartford$151
Nationwide$155
Safeco$156
Direct Auto$166
Travelers$174
Shelter$182
State Auto$182
Elephant$182
Chubb$190
Clearcover$192
The General$193
Dairyland$207
AssuranceAmerica$208
Farmers$209
Infinity$212
21st Century$215
Commonwealth Casualty$229
Bristol West$231
Foremost$245
GAINSCO$259
Amica$267
Liberty Mutual$274
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Average car insurance rates for senior drivers

As drivers enter their golden years, car insurance costs creep back up. Seniors generally pay about $156 per month for full coverage. While it’s still less than what teens pay, it’s higher than the average rate for middle-aged drivers. 

The data in the table here shows how average premiums change for seniors.

The below rates are estimated rates current as of: Sunday, December 1 at 11:00 AM PST
Data reviewed by Konstantin Halachev
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company
Average Monthly Quote: Full Coverage
NJM$30
COUNTRY Financial$30
Auto-Owners$54
Mile Auto$64
Erie$66
USAA$76
State Farm$86
CSAA$89
Root$89
GEICO$90
Metromile$91
Progressive$94
Allstate$103
The Hartford$103
American Family$119
Nationwide$121
National General$121
Mercury$124
Safeco$128
Shelter$134
State Auto$134
Direct Auto$135
Travelers$141
Chubb$147
21st Century$158
Elephant$161
Clearcover$168
Farmers$176
The General$179
Infinity$183
Dairyland$184
AssuranceAmerica$188
Bristol West$196
Amica$200
Foremost$207
Liberty Mutual$217
Commonwealth Casualty$221
GAINSCO$238
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

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Other factors that affect car insurance rates

Age and gender are significant factors in car insurance costs, but insurers also consider other factors. Here are some other things that can affect how much you pay for insurance coverage.

  • illustration card https://a.storyblok.com/f/162273/150x150/b105bebbec/car-and-driving-96x96-gold_023-driving-test.svg

    Driving record

    You’ll likely pay more for insurance if you have a history of accidents, speeding tickets, or other traffic violations on your driving record. On the flip side, people with clean driving records have lower rates because insurers see them as less risky to insure.

  • illustration card https://a.storyblok.com/f/162273/150x150/41b171a645/types-of-houses-96x96-orange_026-mansion.svg

    Location

    Your ZIP code can also affect your premiums. Drivers in urban areas may pay more than people in rural regions due to higher accident, theft, and vandalism rates. Plus, state minimum-coverage requirements vary, which can influence prices.

  • illustration card https://a.storyblok.com/f/162273/150x150/42a396bd18/credit-and-loan-96x96-green_033-discount.svg

    Credit history

    Many insurers use credit history to help determine premiums. Drivers with poor credit tend to file more claims, often paying higher premiums than drivers with good credit.

  • illustration card https://a.storyblok.com/f/162273/150x150/62b3f650a4/car-and-driving-96x96-blue_004-fleet.svg

    Vehicle type

    Your car’s make, model, and age can also influence your rates. Luxury vehicles and sports cars usually cost more to insure because repairs or replacements are more expensive. Older vehicles may qualify for lower premiums since they tend to have a lower value than newer models.

Car insurance rates by age FAQs

Knowing how age affects rates for auto coverage and other insurance products is important. The following information can help answer your remaining questions.

  • Why do men pay more for car insurance?

    Men sometimes pay higher car insurance rates because of statistics that indicate higher crash fatality rates and a greater likelihood to engage in risky driving behavior. In most cases, rates level out by gender as people age, but auto insurers view male teens as particularly risky drivers to insure.

  • How can I find the best car insurance for my age and gender?

    To find the best car insurance for your age and gender, compare quotes from multiple insurance companies. It’s a good idea to look at savings like good student discounts for younger drivers or low-mileage discounts for seniors who don’t drive much.

  • Does car insurance go down at 40?

    Typically, yes. Car insurance usually gets cheaper as you reach your 40s because insurers see you as a safe driver with more experience.

  • What age is the cheapest for car insurance?

    Generally, drivers in their 50s and 60s pay the lowest rates for car insurance. They have many years of driving experience, making them less risky behind the wheel.

Sources

  1. Insurance Information Institute. "What determines the price of an auto insurance policy?."
  2. Insurance Institute for Highway Safety. "Teenagers."
  3. Insurance Institute for Highway Safety. "Fatality Facts 2022 Males and females."
  4. National Highway Traffic Safety Administration. "Teen Driving."
  5. Centers for Disease Control and Prevention. "Risk Factors for Teen Drivers."
Amy Beardsley
Amy BeardsleyInsurance Writer

Amy is a personal finance and technology writer. With a background in the legal field and a bachelor's degree from Ferris State University, she has a talent for transforming complex topics into content that’s easy to understand. Connect with Amy on LinkedIn.

Amy has been a contributor at Insurify since September 2023.

Katie Powers
Edited byKatie PowersAuto and Life Insurance Editor
Photo of an Insurify author
Katie PowersAuto and Life Insurance Editor
  • Licensed auto and home insurance agent

  • 3+ years experience in insurance and personal finance editing

Katie uses her knowledge and expertise as a licensed property and casualty agent in Massachusetts to help readers understand the complexities of insurance shopping.

Featured in

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Daniel Roccato
Reviewed byDaniel RoccatoAdvisor
Headshot of industry expert Daniel Roccato
Daniel RoccatoAdvisor
  • 30+ years in financial services

  • Clinical Professor of Finance, University of San Diego

Dan is a well-recognized and widely quoted financial services expert, regularly appearing in a variety of national and local media as a subject matter expert.

Konstantin Halachev
Data reviewed byKonstantin HalachevVP of Engineering & Data Science
Headshot of Konstantin Halachev, VP of Engineering at Insurify
Konstantin HalachevVP of Engineering & Data Science
  • 7+ years experience in data analysis

  • Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

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