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Average car insurance rates by age

With age comes wisdom, and lower car insurance rates, up to a point. This bears out when you look at average car insurance rates by age.

Car insurance for people under 25 years of age is typically quite high. Teens and young drivers are inexperienced behind the wheel and statistics show they, as a class in whole, are more likely to be in accident than other age groups, which makes them a high risk to auto insurance providers. High risk equals high rates.

As you'll see in the "Average car insurance rates by age" table below, in general, rates are cheapest for drivers in their 40s, 50s and 60s, and then increase again a bit at age 70. CarInsurance.com analyzed rates for 10 ZIP codes in each state for by age for three coverage levels. Here you see average car insurance rates by age for the following coverage sets:

  • State minimum -- what you need to drive a car legally in your state
  • Liability car insurance -- $50,000 limit to cover bodily injury you cause to others in an accident, up to $100,000 per accident, with $50,000 to pay for damage you cause to another car or property
  • Full coverage --  liability with a $100,000 limit to cover bodily injury you cause to others in an accident, up to $300,000 per accident, with $100,000 to pay for damage you cause to another car or property, plus comprehensive and collision insurance, with a $500 deductible.

Average Car Insurance by Age

AgeState minimum50/100/50100/300/100

*CarInsurance.com commissioned Quadrant Information Services to run auto insurance rates for a 2017 Honda Accord LX for 10 ZIP codes in each state using six large carriers -- Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm. (In cases where one of the insurers doesn't return a rate, another major carrier in that state is substituted.)

To see average car insurance rates for teens, see the following articles, that feature rates by age, state and gender:

Car insurance for a 16 year old

Car insurance for a 17 year old

Car insurance for an 18 year old

Car insurance for a 19 year old

Age is just one factor that car insurance companies assess when deciding how much you pay. Other factors that affect car insurance rates include:

  • where you live
  • what model car you drive
  • marital status
  • your driving record
  • your credit history
  • your annual mileage

Each of these rating factors, among others, along with type of coverage you choose and with what limits, influences the rate you'll pay for your car insurance policy. 

And don't forget that what car insurance company you choose makes a difference in the car insurance rates you'll be offered. That's because insurance companies assess risk differently, and each use their own formulas to calculate the price you pay. So the price for a policy will vary signigicantly among insurance companies.

Whatever age and whether male or female, you can save hundreds, if not thousands, of dollars depending upon the insurer you chose. For this reason, it’s a must to compare car insurance companies and find the one that offers the best rates for your particular set of rating factors.


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22 Responses to "Average car insurance rates by age"
  1. Dallas Worrell

    Thank you for such informative post. The downside of auto insurance is that owners have little knowledge about the coverage required for the insurance and they end up spending more than what they need to. By knowing your needs, and the mandatory laws regarding cover you can already start choosing low cost auto insurance. Though the age factor does affect the coverage cost for the insurance. Before you decide on purchasing insurance it is important to look at some aspects to getting cheaper insurance.

  2. shamus

    So interesting to see how the rates change as a driver gets older and more mature.

  3. Mallary

    This helped me with an Algebra 2 project! Thanks so much! Great info.

  4. Zjonni

    This is pretty helpful for if you are just starting out shopping for car insurance :) Thanks, Penny for the great estimate!

  5. Visitor

    Thanks! Helpful because this was the only site I've found that has a specific average listed. And I've been looking around everywhere for this information.

  6. Visitor

    The only site I found that gave a specific average cost. Thanks!

  7. Visitor

    Give me a chart with the actual prices of all car insurance place in dollars NOT percentages.

  8. Visitor

    Thanks, this website is very helpful!

  9. Visitor

    Need prices.

  10. Visitor

    I agree there should be prices.

  11. Visitor

    I would like it to state some prices!

  12. Visitor

    Great information. Thanks!

  13. Anonymous

    Having an insurance calculator that actually calculated your average insurance rate using general questions as points of reference would be nice.

  14. Anonymous

    It can sometimes be very difficult to define the amount of coverage a person needs to be protected from accidents.

  15. Anonymous

    quite helpful...... :) i like chicken nuggets

  16. Anonymous

    Everyone knows women are a liability regarding drvivng!

  17. Anonymous

    I have recently had 5 car accidents and no severe injuries but carinsurance.com has helped me through everything! I am so pleased!!

  18. Anonymous

    go car insurance

  19. Anonymous

    Well it is not you alls fault. The statement about males being more aggressive behind the wheel is completely false. Every female I know have heavy feet, and so does everyone knows this is true. They also almost all of the time let go of the wheel immediately when something goes wrong.

  20. Anonymous


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