Updated: May 7, 2025
Advertising & Editorial Disclosure
GEICO and State Farm consistently offer some of the most affordable car insurance rates for 40-year-olds across the country.
Your location still plays a major role in insurance costs — for example, 40-year-olds in Florida pay around $2,164 per month for full coverage, while those in Vermont pay just $1,259.
Choosing the right car can significantly lower insurance costs for 40-year-olds — for example, a Honda CR-V or Ford Escape costs around $50 to $51 per month to insure, well below the average for many vehicles.
State Farm offers the cheapest minimum coverage for 40-year-olds at $77 per month, with GEICO close behind at $78. These rates are well below average and a good fit if you're looking to meet legal requirements at the lowest cost.
But minimum coverage won’t pay for damage to your own car. See the table below for a full comparison of monthly rates by insurer.
| State Farm | $77 | $-15 |
| GEICO | $78 | $-13 |
| Travelers | $89 | $-2 |
| Nationwide | $94 | $3 |
| Progressive | $98 | $6 |
| Allstate | $99 | $7 |
| Farmers | $106 | $15 |
GEICO offers the lowest full coverage rate for 40-year-olds at $125 per month, with State Farm close behind at $131. Both companies provide significant savings compared to the national average.
Full coverage protects your own vehicle in addition to liability, making it ideal for newer or financed cars. Use the table below to compare rates from other top insurers.
| GEICO | $125 | $-24 |
| State Farm | $131 | $-18 |
| Nationwide | $134 | $-14 |
| Allstate | $145 | $-3 |
| Travelers | $146 | $-2 |
| Progressive | $168 | $20 |
| Farmers | $191 | $42 |
Not sure if you need minimum or full coverage? Minimum coverage is cheaper but only pays for damage you cause to others — not your own car. Full coverage costs more but includes protection for your vehicle, which can be worth it if it’s newer or financed. You can learn how much car insurance you really need based on your situation.
Car insurance costs can vary widely by location, even for drivers of the same age. Where you live affects everything from base rates to insurer availability and state minimums.
The sections below break down the cheapest car insurance for 40-year-olds by state, including minimum coverage, full coverage, high-risk drivers and people with bad credit.
State Farm offers the cheapest minimum coverage for 40-year-olds in six states, including Hawaii and Iowa. GEICO is the most affordable option in five states, such as California, Colorado and Florida.
Some smaller regional insurers like Concord Group and Countryway Insurance also offer the lowest rates in specific states. The table below shows the cheapest provider in your state.
| Alabama | Cincinnati Insurance | $399 |
| Alaska | Umialik Insurance | $503 |
| Arizona | Travelers | $396 |
| Arkansas | South Carolina Farm Bureau | $413 |
| California | GEICO | $649 |
| Colorado | GEICO | $511 |
| Connecticut | GEICO | $712 |
| Delaware | Travelers | $822 |
| District of Columbia | Chubb | $616 |
| Florida | GEICO | $977 |
| Georgia | Country Financial | $538 |
| Hawaii | State Farm | $287 |
| Idaho | American National P&C | $339 |
| Illinois | Mercury | $390 |
| Indiana | American Family | $448 |
| Iowa | State Farm | $280 |
| Kansas | Nationwide | $365 |
| Kentucky | Travelers | $570 |
| Louisiana | Louisiana Farm Bureau | $791 |
| Maine | Countryway Insurance | $312 |
| Maryland | GEICO | $773 |
| Massachusetts | Hanover | $314 |
| Michigan | Travelers | $278 |
| Minnesota | West Bend Mutual | $680 |
| Mississippi | Progressive | $434 |
| Missouri | State Farm | $685 |
| Montana | Progressive | $284 |
| Nebraska | American National P&C | $362 |
| Nevada | Capital Insurance Group | $699 |
| New Hampshire | Concord Group | $387 |
| New Jersey | Amica Mutual | $654 |
| New Mexico | State Farm | $466 |
| New York | Kemper | $960 |
| North Carolina | Nationwide | $511 |
| North Dakota | Nodak Mutual | $373 |
| Ohio | Erie | $335 |
| Oklahoma | Progressive | $385 |
| Oregon | Capital Insurance Group | $681 |
| Pennsylvania | Erie | $492 |
| Rhode Island | State Farm | $533 |
| South Carolina | American National P&C | $634 |
| South Dakota | Western National | $269 |
| Tennessee | Tennessee Farm Bureau | $335 |
| Texas | Allstate | $578 |
| Utah | Progressive | $694 |
| Vermont | Allstate | $306 |
| Virginia | Mercury | $430 |
| Washington | PEMCO | $345 |
| West Virginia | Westfield | $543 |
| Wisconsin | Erie | $293 |
| Wyoming | State Farm | $315 |
Full coverage insurance rates for 40-year-olds vary widely by state — sometimes by over $1,000 a month. In Washington, PEMCO is the cheapest option at $683, while in Florida, State Farm offers the lowest rate at $2,164. Use the table below to see which insurer has the most affordable full coverage in your state.
| Alabama | Country Financial | $1,144 |
| Alaska | Umialik Insurance | $1,179 |
| Arizona | Root Insurance Company | $865 |
| Arkansas | South Carolina Farm Bureau | $1,031 |
| California | National General | $1,361 |
| Colorado | American National P&C | $1,370 |
| Connecticut | State Farm | $1,846 |
| Delaware | Travelers | $2,050 |
| District of Columbia | Erie | $1,560 |
| Florida | State Farm | $2,164 |
| Georgia | Country Financial | $1,073 |
| Hawaii | State Farm | $814 |
| Idaho | American National P&C | $801 |
| Illinois | Country Financial | $1,037 |
| Indiana | American Family | $932 |
| Iowa | West Bend Mutual | $1,073 |
| Kansas | American Family | $1,287 |
| Kentucky | Nationwide | $1,659 |
| Louisiana | Louisiana Farm Bureau | $1,692 |
| Maine | Countryway Insurance | $989 |
| Maryland | Progressive | $1,591 |
| Massachusetts | State Farm | $759 |
| Michigan | Progressive | $1,956 |
| Minnesota | American Family | $1,339 |
| Mississippi | Mississippi Farm Bureau | $1,264 |
| Missouri | American Family | $1,668 |
| Montana | Progressive | $1,099 |
| Nebraska | American National P&C | $995 |
| Nevada | CSAA | $1,624 |
| New Hampshire | Concord Group | $993 |
| New Jersey | NJM | $1,290 |
| New Mexico | Nationwide | $1,506 |
| New York | Kemper | $2,001 |
| North Carolina | National General | $1,364 |
| North Dakota | American Family | $908 |
| Ohio | American Family | $858 |
| Oklahoma | Mercury | $1,180 |
| Oregon | Country Financial | $1,290 |
| Pennsylvania | American National P&C | $1,209 |
| Rhode Island | State Farm | $1,402 |
| South Carolina | American National P&C | $1,152 |
| South Dakota | American Family | $1,071 |
| Tennessee | Tennessee Farm Bureau | $1,045 |
| Texas | Mercury | $1,494 |
| Utah | American Family | $1,374 |
| Vermont | Concord Group | $1,259 |
| Virginia | Virginia Farm Bureau | $1,096 |
| Washington | PEMCO | $683 |
| West Virginia | Erie | $1,498 |
| Wisconsin | American Family | $847 |
| Wyoming | State Farm | $1,458 |
Rates are higher for high-risk drivers, but 40-year-olds can still find affordable options by shopping around. State Farm offers the cheapest rates in 10 states, including Hawaii, Nevada and Rhode Island. Other low-cost providers include NJM in New Jersey, Nationwide in North Carolina and Louisiana Farm Bureau in multiple Southern states. Use the table below to see which insurer offers the lowest high-risk premium in your state.
| Alabama | Allstate | $118 |
| Alaska | State Farm | $104 |
| Arizona | Root Insurance Company | $75 |
| Arkansas | Louisiana Farm Bureau | $96 |
| Arkansas | Southern Farm Bureau | $96 |
| California | National General | $139 |
| Colorado | American Family | $94 |
| Connecticut | State Farm | $121 |
| Delaware | USAA | $118 |
| District of Columbia | USAA | $148 |
| Florida | State Farm | $135 |
| Georgia | Country Financial | $108 |
| Hawaii | State Farm | $63 |
| Idaho | State Farm | $74 |
| Illinois | American Family | $96 |
| Indiana | USAA | $86 |
| Iowa | American Family | $87 |
| Kansas | American Family | $112 |
| Kentucky | State Farm | $127 |
| Louisiana | USAA | $147 |
| Maine | USAA | $87 |
| Maryland | Progressive | $120 |
| Massachusetts | State Farm | $55 |
| Michigan | USAA | $152 |
| Minnesota | American Family | $123 |
| Mississippi | USAA | $116 |
| Missouri | USAA | $90 |
| Montana | Progressive | $72 |
| Nebraska | American National P&C | $108 |
| Nevada | State Farm | $127 |
| New Hampshire | USAA | $82 |
| New Jersey | NJM | $113 |
| New Mexico | USAA | $101 |
| New York | Kemper | $158 |
| North Carolina | Nationwide | $129 |
| North Dakota | American Family | $83 |
| Ohio | American Family | $75 |
| Oklahoma | USAA | $109 |
| Oregon | State Farm | $108 |
| Pennsylvania | USAA | $102 |
| Rhode Island | State Farm | $97 |
| South Carolina | Louisiana Farm Bureau | $113 |
| South Carolina | Southern Farm Bureau | $113 |
| South Dakota | American Family | $99 |
| Tennessee | USAA | $107 |
| Texas | Allstate | $151 |
| Utah | USAA | $139 |
| Vermont | State Farm | $98 |
| Virginia | State Farm | $100 |
| Washington | PEMCO | $71 |
| West Virginia | USAA | $110 |
| Wisconsin | American Family | $77 |
| Wyoming | State Farm | $108 |
Having bad credit can raise car insurance rates, but affordable options are still available for 40-year-olds. GEICO, Nationwide and Mercury often offer the cheapest rates across many states, while regional providers like Cincinnati Insurance and Farmers Mutual of Nebraska lead in others. Use the table below to find the most affordable company for drivers with bad credit in your state.
| Alabama | Cincinnati Insurance | $28 |
| Alaska | Allstate | $43 |
| Arizona | Mercury | $36 |
| Arkansas | Alfa | $33 |
| Colorado | GEICO | $38 |
| Connecticut | GEICO | $41 |
| Delaware | GEICO | $67 |
| District of Columbia | Chubb | $44 |
| Florida | Nationwide | $76 |
| Georgia | Country Financial | $41 |
| Idaho | Idaho Farm Bureau | $35 |
| Illinois | Mercury | $28 |
| Indiana | GEICO | $38 |
| Iowa | Progressive | $24 |
| Kansas | Nationwide | $29 |
| Kentucky | Cincinnati Insurance | $38 |
| Louisiana | GEICO | $63 |
| Maine | Countryway Insurance | $26 |
| Maryland | Progressive | $51 |
| Michigan | Travelers | $15 |
| Minnesota | West Bend Mutual | $48 |
| Mississippi | Direct General Insurance | $30 |
| Missouri | Nationwide | $53 |
| Montana | Nationwide | $24 |
| Nebraska | Farmers Mutual of Nebraska | $32 |
| Nevada | Capital Insurance Group | $54 |
| New Hampshire | Vermont Mutual | $31 |
| New Jersey | Amica Mutual | $44 |
| New Mexico | Nationwide | $33 |
| New York | GEICO | $97 |
| North Carolina | Nationwide | $24 |
| North Dakota | GEICO | $36 |
| Ohio | Nationwide | $25 |
| Oklahoma | Mercury | $31 |
| Oregon | Progressive | $57 |
| Pennsylvania | Auto-Owners Insurance Co | $37 |
| Rhode Island | Travelers | $51 |
| South Carolina | South Carolina Farm Bureau | $70 |
| South Dakota | Farmers Mutual of Nebraska | $19 |
| Tennessee | Tennessee Farm Bureau | $27 |
| Texas | Mercury | $45 |
| Utah | Nationwide | $55 |
| Vermont | Allstate | $27 |
| Virginia | Mercury | $29 |
| Washington | PEMCO | $22 |
| West Virginia | Westfield | $40 |
| Wisconsin | Erie | $21 |
| Wyoming | GEICO | $20 |
At 40, drivers generally enjoy lower car insurance rates compared to their younger years. However, costs still vary based on where you live, what car you drive and whether you have a family policy or individual coverage.
The sections below break down the average costs by state and highlight the cheapest cars to insure for 40-year-olds.
At 40, many drivers are not just insuring themselves — they may also be covering a spouse, teen driver or multiple vehicles under one policy. That’s why family policies and individual policies can have very different costs.
The table below breaks down average monthly rates by state, showing how much 40-year-olds can expect to pay depending on their coverage needs.
| Alabama | $35 | $158 | $29 | $133 |
| Alaska | $32 | $143 | $27 | $123 |
| Arizona | $39 | $158 | $36 | $146 |
| Arkansas | $28 | $131 | $24 | $114 |
| California | $38 | $179 | $37 | $176 |
| Colorado | $43 | $182 | $35 | $151 |
| Connecticut | $41 | $159 | $41 | $156 |
| Delaware | $45 | $173 | $39 | $148 |
| District of Columbia | $41 | $172 | $37 | $153 |
| Florida | $72 | $331 | $55 | $257 |
| Georgia | $36 | $154 | $36 | $153 |
| Hawaii | $20 | $85 | $19 | $80 |
| Idaho | $20 | $85 | $21 | $86 |
| Illinois | $27 | $118 | $24 | $104 |
| Indiana | $26 | $110 | $25 | $103 |
| Iowa | $21 | $110 | $18 | $97 |
| Kansas | $26 | $133 | $23 | $117 |
| Kentucky | $40 | $166 | $40 | $165 |
| Louisiana | $73 | $408 | $58 | $325 |
| Maine | $28 | $109 | $27 | $105 |
| Maryland | $43 | $152 | $44 | $156 |
| Massachusetts | $28 | $118 | $33 | $136 |
| Michigan | $76 | $281 | $53 | $204 |
| Minnesota | $30 | $129 | $30 | $130 |
| Mississippi | $28 | $127 | $29 | $133 |
| Missouri | $37 | $180 | $37 | $181 |
| Montana | $26 | $146 | $23 | $132 |
| Nebraska | $27 | $146 | $24 | $131 |
| Nevada | $60 | $239 | $53 | $209 |
| New Hampshire | $29 | $106 | $27 | $99 |
| New Jersey | $63 | $245 | $52 | $203 |
| New Mexico | $34 | $154 | $31 | $137 |
| New York | $46 | $164 | $43 | $154 |
| North Carolina | $25 | $99 | $24 | $95 |
| North Dakota | $22 | $106 | $20 | $97 |
| Ohio | $47 | $171 | $40 | $146 |
| Oklahoma | $34 | $160 | $31 | $142 |
| Oregon | $34 | $130 | $35 | $132 |
| Pennsylvania | $27 | $146 | $25 | $131 |
| Rhode Island | $50 | $186 | $47 | $172 |
| South Carolina | $54 | $203 | $49 | $184 |
| South Dakota | $21 | $129 | $20 | $124 |
| Tennessee | $26 | $121 | $25 | $114 |
| Texas | $42 | $179 | $39 | $165 |
| Utah | $50 | $195 | $37 | $144 |
| Vermont | $19 | $94 | $20 | $97 |
| Virginia | $38 | $148 | $35 | $136 |
| Washington | $45 | $156 | $45 | $148 |
| West Virginia | $33 | $140 | $29 | $124 |
| Wisconsin | $24 | $116 | $23 | $110 |
| Wyoming | $18 | $127 | $18 | $128 |
The cheapest cars to insure for 40-year-olds include the Chevrolet Corvette, BMW 4 Series and Chevrolet Camaro SS, all with average monthly premiums under $50.
Generally, cars with strong safety ratings, moderate repair costs and lower theft risk tend to have cheaper premiums. See the table below for a full breakdown of the most affordable cars to insure at this age.
| Acura MDX | Luxury SUV | $52 | $619 |
| Audi A3 | Compact | $49 | $592 |
| Audi A4 | Luxury Sedan | $52 | $621 |
| Audi E Tron | Luxury SUV | $52 | $626 |
| Audi Q5 | Luxury SUV | $50 | $597 |
| Audi Q7 | Luxury SUV | $52 | $620 |
| Audi R8 | Luxury Sports Car | $63 | $757 |
| BMW 1 Series | Luxury Compact | $48 | $581 |
| BMW 3 Series | Luxury Sedan | $52 | $630 |
| BMW 4 Series | Luxury Sedan | $48 | $577 |
| BMW 5 Series | Luxury Sedan | $52 | $623 |
| BMW 7 Series | Luxury Sedan | $63 | $754 |
| BMW I3 | Luxury Compact | $50 | $601 |
| BMW X3 | Luxury Compact SUV | $51 | $617 |
| BMW X5 | Luxury SUV | $52 | $628 |
| BMW X7 | Luxury SUV | $57 | $686 |
| BMW i8 | Luxury Sports Car | $64 | $762 |
| Chevrolet Camaro | Sports Car | $51 | $616 |
| Chevrolet Camaro SS | Sports Car | $48 | $575 |
| Chevrolet Camaro ZL1 | Sports Car | $49 | $586 |
| Chevrolet Corvette | Sports Car | $42 | $506 |
| Chevrolet Cruze | Compact | $57 | $684 |
| Chevy Bolt | Electric | $53 | $633 |
| Chevy Equinox | Compact SUV | $51 | $614 |
| Chevy Malibu | Sedan | $55 | $659 |
| Chevy Silverado | Pickup Truck | $53 | $640 |
| Chevy Tahoe | SUV | $53 | $640 |
| Dodge Challenger | Sports Car | $58 | $690 |
| Dodge Challenger R/T | Sports Car | $55 | $656 |
| Dodge Challenger SRT Hellcat | Sports Car | $52 | $628 |
| Dodge Charger | Sports Car | $58 | $697 |
| Dodge Grand Caravan | Minivan | $52 | $621 |
| Dodge Journey | SUV | $54 | $647 |
| Ford Escape | Compact SUV | $51 | $613 |
| Ford Expedition | SUV | $52 | $624 |
| Ford Explorer | SUV | $52 | $629 |
| Ford F-150 | Pickup Truck | $52 | $619 |
| Ford Focus | Compact | $55 | $662 |
| Ford Mustang | Sports Car | $48 | $575 |
| Ford Mustang Ecoboost | Sports Car | $50 | $598 |
| Ford Mustang Mach E | Sports Car | $49 | $584 |
| Ford Taurus | Sedan | $53 | $635 |
| Honda Accord | Sedan | $53 | $632 |
| Honda CR-V | Compact SUV | $50 | $604 |
| Honda Civic | Compact | $54 | $651 |
| Honda Fit | Compact | $50 | $596 |
| Honda HR-V | Compact SUV | $52 | $620 |
| Honda Insight | Sedan | $52 | $619 |
| Honda Odyssey | Minivan | $48 | $580 |
| Honda Passport | SUV | $51 | $607 |
| Honda Pilot | SUV | $50 | $600 |
| Honda Ridgeline | Pickup Truck | $51 | $609 |
| Hyundai Elantra | Compact | $55 | $660 |
| Hyundai Ioniq | Compact | $55 | $657 |
| Hyundai Kona | Compact SUV | $51 | $608 |
| Jeep Cherokee | SUV | $56 | $669 |
| Jeep Gladiator | Pickup Truck | $52 | $623 |
| Jeep Grand Cherokee | SUV | $56 | $672 |
| Jeep Patriot | Compact SUV | $56 | $675 |
| Jeep Wrangler | SUV | $53 | $634 |
| Kia Niro | Compact SUV | $51 | $610 |
| Kia Soul | Compact SUV | $52 | $621 |
| Kia Soul EV | Compact SUV | $52 | $626 |
| Kia Stinger | Sedan | $53 | $631 |
| MINI Cooper | Compact | $43 | $521 |
| MINI Electric | Compact | $45 | $546 |
| Mazda CX-5 | Compact SUV | $49 | $593 |
| Mazda3 | Compact | $53 | $642 |
| Mercedes AMG C 63 | Luxury Sedan | $50 | $603 |
| Mercedes C-Class | Luxury Sedan | $49 | $584 |
| Mercedes CLA 250 | Luxury Compact | $51 | $614 |
| Mercedes GLA 250 | Luxury Compact SUV | $51 | $616 |
| Nissan 350Z | Sports Car | $49 | $591 |
| Nissan 370Z | Sports Car | $48 | $572 |
| Nissan Altima | Sedan | $56 | $667 |
| Nissan Frontier | Pickup Truck | $53 | $637 |
| Nissan GT-R | Luxury Sports Car | $49 | $588 |
| Nissan Juke | Compact SUV | $55 | $666 |
| Nissan LEAF | Electric | $51 | $610 |
| Nissan Maxima | Sedan | $53 | $640 |
| Nissan Pathfinder | SUV | $54 | $654 |
| Nissan Rogue | Compact SUV | $53 | $638 |
| Nissan Sentra | Sedan | $57 | $682 |
| Nissan Versa | Compact | $54 | $654 |
| Porsche Taycan | Luxury Sports Car | $67 | $803 |
| Ram 2500 | Pickup Truck | $56 | $670 |
| Ram Rebel | Pickup Truck | $55 | $658 |
| Subaru BRZ | Sports Car | $50 | $605 |
| Subaru Forester | Compact SUV | $47 | $563 |
| Subaru Impreza | Sedan | $50 | $599 |
| Subaru Legacy | Sedan | $49 | $590 |
| Subaru Outback | Sedan | $46 | $550 |
| Subaru WRX | Sports Car | $50 | $598 |
| Tesla Model 3 | Luxury Sedan | $51 | $609 |
| Tesla Model S | Luxury Electric | $64 | $769 |
| Tesla Model X | Luxury Electric | $71 | $856 |
| Tesla Model Y | Luxury Electric | $52 | $623 |
| Toyota 86 | Sports Car | $54 | $653 |
| Toyota Camry | Sedan | $53 | $635 |
| Toyota Corolla | Compact | $55 | $658 |
| Toyota Highlander | SUV | $52 | $622 |
| Toyota Prius | Compact | $51 | $607 |
| Toyota RAV4 | Compact SUV | $52 | $625 |
| Toyota Sienna | Minivan | $50 | $594 |
| Toyota Tacoma | Pickup Truck | $51 | $614 |
| Toyota Tundra | Pickup Truck | $53 | $637 |
| VW Beetle | Compact | $50 | $595 |
| VW Golf | Compact | $50 | $597 |
| VW ID.4 | Compact SUV | $51 | $607 |
| VW Jetta | Compact | $54 | $644 |
| VW Passat | Sedan | $52 | $619 |
| VW Tiguan | Compact SUV | $51 | $608 |
| Volvo XC40 | Luxury SUV | $49 | $591 |
Even in your 40s — when rates tend to stabilize — there are still smart ways to lower your premium. From bundling policies to fine-tuning your coverage, the steps below can help you cut costs without sacrificing protection.
One of the easiest ways to save is by bundling your auto insurance with other policies, like home or renters insurance. Many insurers offer multi-policy discounts that can knock 10% or more off your premium. This not only saves money but also simplifies billing and claims handling.
Review your policy to make sure you're not overpaying for coverage you no longer need. For example, if your car is older and fully paid off, dropping comprehensive or collision may make sense. Raising your deductible can also lower your monthly bill — just make sure you can afford the out-of-pocket cost if you need to file a claim.
In most states, your credit score plays a major role in how much you pay for car insurance. Drivers with higher credit tend to get lower rates. If your score is fair or poor, working to raise it — by paying bills on time and reducing debt — can directly improve your insurance quote.
Many insurers offer discounts to drivers who complete an approved defensive driving course. These programs teach skills that reduce your risk of accidents, which insurers reward with lower premiums. Courses are usually low-cost and can be completed online in just a few hours.
Rates can change even if your driving record doesn’t. Shopping around every six to 12 months helps ensure you’re not leaving money on the table. Different insurers weigh risk differently, so the cheapest company for you last year might not be the cheapest today. Use comparison tools or work with an agent to check updated quotes — especially before renewing.
Even if you already have a competitive rate, car insurance discounts can help you save even more. Many insurers offer savings tailored to drivers in their 40s, and stacking these discounts can lead to significant reductions in your premium.
Bundling your home and auto insurance with the same company is one of the biggest discounts available. Insurers reward policyholders who bring them more business, often slashing auto premiums by 10% to 25%. It also streamlines your coverage under one provider, making billing and claims easier to manage. Just make sure the bundled rate is actually cheaper than buying separately.
If you're a 40-year-old parent insuring a teen or college-aged driver, a good student discount can help offset the added cost. Most insurers offer lower rates for students under 25 who maintain a B average or higher. You’ll usually need to provide recent transcripts or report cards.
Completing a defensive driving course can earn you a discount, even if you have a clean record. These courses help reinforce safe driving habits and are often available online. Insurers see certified drivers as lower-risk, which translates into lower rates.
Adding an umbrella policy can unlock multi-policy discounts, and it may also reduce your auto insurance premium. Umbrella coverage provides extra liability protection across your home, auto and other policies. It’s a smart move if you have substantial assets and want to shield them from lawsuits.
The fewer violations and accidents you have, the better your rate — and many insurers offer additional discounts for maintaining a clean record over time. After three to five years without incidents, you could see a sizable drop in your premium. Some companies even apply this discount automatically at renewal. It’s one of the best long-term ways to keep your costs low.
In this page, we broke down the cheapest car insurance options for 40-year-olds, including by company, state and vehicle type. GEICO and State Farm offer some of the most competitive rates nationally, while regional providers may lead in specific states.
Full coverage costs more but provides better protection, especially if you drive a newer car. To lock in the best deal, compare quotes regularly and stack available discounts.
If you're in your 40s and shopping for car insurance, you might still have a few questions about costs, coverage and discounts. Below, we answer some of the most common questions 40-year-old drivers ask when looking for affordable car insurance.
Yes, car insurance often gets cheaper at age 40. Most drivers in this age group are considered lower risk due to their driving experience and more stable lifestyles. Rates tend to level off or slightly decrease compared to rates in your 20s and 30s — especially if you have a clean record and good credit.
The cost depends on your location, driving history, credit score and coverage level. Based on the data from this page, the cheapest minimum coverage can be as low as $77 per month, while full coverage may start around $125. Comparing quotes is the best way to find an accurate rate for your profile.
Nationwide insurers like GEICO and State Farm frequently offer the lowest rates across many states. However, regional providers such as PEMCO, Concord Group, and Country Financial can also be the cheapest depending on where you live. Always check local options — they can be surprisingly competitive.
We calculated 40-year-old insurance costs using data from Quadrant Information Services. Rates are based on the following driver profile:
Coverages used for minimum coverage are based on state requirements. Full coverage includes a 100/300/100 liability insurance split and comprehensive and collision coverage with a $1,000 deductible.
To calculate the best car insurance for 40-Year-Olds, MoneyGeek used a comprehensive scoring system based on five key factors:
Data Sources
Analysis
MoneyGeek reviewed 80,676 quotes from seven companies using a standard driver profile (male, 40 years old, single, clean record) while adjusting for age, location and driving history.
Coverage Levels and Deductibles
The term 100/300/100 means:
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
