Do age and gender affect car insurance rates?

Age is a significant factor when calculating car insurance rates. Gender is also a factor, but more for young drivers. A 16-year-old male pays $495 more per year than a 16-year-old female. However, the gap narrows to $33 when they turn 25. Car insurance for teens is considerably more expensive — they pay almost five times as much for coverage than a 50-year-old driver.

At what age is car insurance the cheapest?

Car insurance rates begin declining when a driver turns 25, but a 60-year-old with a clean driving record has the cheapest car insurance rates .

Which age group pays the most for car insurance?

Car insurance rates for young drivers tend to be significantly more expensive than other age groups — a teen with an individual policy pays over $4,000 more than a 50-year-old driver for the same coverage. However, car insurance cost becomes more affordable as they get older.

Average Car Insurance Rates by Age and Gender

Age is crucial in insurance premiums — 16-year-olds pay over four times more for car insurance than 30-year-olds. Gender affects rates for young drivers more. Male teens spend hundreds more, but rates even out in their twenties.

Age, driving record, location and credit score are the main factors affecting car insurance premiums. Gender, although also a factor, has a more considerable effect on young drivers under 25. A 16-year-old male pays almost $500 more per year because of higher accident frequency than a 16-year-old female. However, the difference decreases to only $33 per year when they're 25.

Average Car Insurance Rates by Age
Average Car Insurance Rates by Age and Gender
Average Car Insurance Rates by Age and State
Why Age Affects Car Insurance Rates
Why Gender Affects Car Insurance Rates
Frequently Asked Questions

Key Takeaways

While age is an important factor that affects car insurance costs, it is just one of many used to determine rates. Other factors include location, driving history and vehicle type.

Gender affects car insurance rates much more in young drivers than those over 25, where the average difference in car insurance costs is only $33 per year.

Car insurance companies base their prices on risk and the likelihood that a claim will be filed. Young drivers, in general, carry the highest risk — but particularly young male drivers.

Average Car Insurance Rates by Age

Young drivers experience a decrease in car insurance rates annually, eventually leveling off as they age. Our chart shows full coverage car insurance costs for drivers between 16 and 18 and how these differ if they purchased a separate policy compared to being included in a family plan.

Car insurance rates change based on age. For example, premiums increase after 70 because older drivers are typically more accident-prone, making them riskier to insure.

Age	Annual Premium	Monthly Premium
16	$5,486	$457
17	$4,578	$381
18	$3,956	$330
19	$2,761	$230
20	$2,481	$207
21	$1,958	$163
22	$1,810	$151
23	$1,674	$139
24	$1,582	$132
25	$1,426	$119
26	$1,367	$114
27	$1,343	$112
28	$1,326	$110
29	$1,311	$109
30	$1,268	$106
35	$1,240	$103
40	$1,220	$102
45	$1,204	$100
50	$1,165	$97
55	$1,131	$94
60	$1,125	$94
65	$1,175	$98
70	$1,252	$104
75	$1,380	$115
80	$1,525	$127
85	$1,637	$136
90	$1,718	$143

You have two options when looking for coverage for a teen driver. You can purchase a separate policy or add them as a driver to a family policy. If the teen is under 18, they must have a parent or guardian co-sign an individual policy because, as a minor, they cannot legally purchase one themselves. Although both ensure that your teen driver has coverage, the latter is a more cost-effective move — it could save you thousands of dollars a year. Adding a teen driver to your insurance plan allows you to purchase coverage for a more affordable rate.

How Much Is Car Insurance by Age and Gender?

Auto insurance providers factor in driving experience when they calculate premiums. They consider young drivers riskier to insure since they have less experience, leading to higher rates. Sixty-year-old drivers with a clean driving record typically have the cheapest car insurance rates.

Sixteen-year-olds with an individual policy spend an average of $5,486 annually. The average cost of car insurance becomes $2,761 when the driver turns 19 and decreases by a hundred dollars or more each year until age 25. Rates for younger drivers are significantly higher, but you can find cheap car insurance for teens by including them in a family policy.

Age

Gender	Annual Premium	Monthly Premium
Female	$5,238	$436
Male	$5,733	$478
Female	$4,345	$362
Male	$4,811	$401
Female	$3,768	$314
Male	$4,144	$345
Female	$2,630	$219
Male	$2,891	$241
Female	$2,372	$198
Male	$2,591	$216
Female	$1,882	$157
Male	$2,035	$170
Female	$1,754	$146
Male	$1,867	$156
Female	$1,629	$136
Male	$1,719	$143
Female	$1,549	$129
Male	$1,616	$135
Female	$1,410	$118
Male	$1,443	$120
Female	$1,354	$113
Male	$1,379	$115
Female	$1,332	$111
Male	$1,355	$113
Female	$1,317	$110
Male	$1,334	$111
Female	$1,307	$109
Male	$1,314	$110
Female	$1,276	$106
Male	$1,260	$105
Female	$1,253	$104
Male	$1,228	$102
Female	$1,232	$103
Male	$1,207	$101
Female	$1,215	$101
Male	$1,193	$99
Female	$1,170	$98
Male	$1,160	$97
Female	$1,133	$94
Male	$1,128	$94
Female	$1,126	$94
Male	$1,124	$94
Female	$1,169	$97
Male	$1,182	$98
Female	$1,237	$103
Male	$1,266	$106
Female	$1,347	$112
Male	$1,413	$118
Female	$1,468	$122
Male	$1,582	$132
Female	$1,573	$131
Male	$1,702	$142
Female	$1,646	$137
Male	$1,790	$149

HOW DOES GENDER AFFECT RATES

Gender also plays a role when determining car insurance rates, though not as significantly as age. Car insurance for younger females is cheaper — a 16-year-old female pays $495 less per year than a 16-year-old male. However, when they turn 25, the difference between their annual rates is only $33.

Average Car Insurance Rates by Age and State

A driver's age and gender affect car insurance rates — a policy for a 16-year-old is, on average, four times more expensive than a 30-year-old since they have less driving experience and higher accident rates, and males usually pay higher premiums than females. However, other factors still come into play, such as location.

A provider may charge a higher premium in areas with higher theft rates and incidents of accidents and vandalism. Car insurance rates vary across states, and knowing the average rate where you live can help you find a better deal when shopping for car insurance.

State

Coverage

Age	Annual Premium	Monthly Premium
25	$759	$63
25	$803	$67
25	$515	$43
25	$1,480	$123
25	$1,002	$84
25	$381	$32
25	$711	$59
25	$1,100	$92
25	$580	$48
25	$876	$73
25	$569	$47
25	$463	$39
25	$552	$46
25	$1,407	$117
25	$460	$38
25	$565	$47
25	$1,281	$107
25	$2,067	$172
25	$471	$39
25	$503	$42
25	$1,174	$98
25	$1,307	$109
25	$1,204	$100
25	$499	$42
25	$366	$30
25	$468	$39
25	$1,207	$101
25	$662	$55
25	$1,273	$106
25	$1,003	$84
25	$1,670	$139
25	$1,312	$109
25	$915	$76
25	$941	$78
25	$874	$73
25	$363	$30
25	$654	$54
25	$1,261	$105
25	$816	$68
25	$1,677	$140
25	$288	$24
25	$1,140	$95
25	$2,043	$170
25	$839	$70
25	$492	$41
25	$1,730	$144
25	$1,249	$104
25	$1,267	$106
25	$1,730	$144
25	$738	$61
25	$484	$40
25	$1,559	$130
25	$944	$79
25	$1,198	$100
25	$1,221	$102
25	$1,136	$95
25	$2,006	$167
25	$504	$42
25	$1,649	$137
25	$356	$30
25	$366	$31
25	$1,190	$99
25	$460	$38
25	$372	$31
25	$956	$80
25	$737	$61
25	$1,338	$111
25	$589	$49
25	$1,215	$101
25	$761	$63
25	$436	$36
25	$931	$78
25	$642	$53
25	$1,926	$160
25	$1,138	$95
25	$1,011	$84
25	$1,295	$108
25	$545	$45
25	$501	$42
25	$1,413	$118
25	$2,431	$203
25	$777	$65
25	$827	$69
25	$726	$60
25	$1,196	$100
25	$1,018	$85
25	$1,180	$98
25	$1,086	$90
25	$1,377	$115
25	$1,270	$106
25	$892	$74
25	$696	$58
25	$1,572	$131
25	$478	$40
25	$1,943	$162
25	$486	$40
25	$1,164	$97
25	$416	$35
25	$997	$83
25	$1,080	$90
25	$454	$38
25	$321	$27
40	$1,198	$100
40	$426	$36
40	$965	$80
40	$443	$37
40	$382	$32
40	$411	$34
40	$794	$66
40	$2,078	$173
40	$931	$78
40	$1,378	$115
40	$486	$40
40	$677	$56
40	$1,557	$130
40	$1,491	$124
40	$785	$65
40	$1,786	$149
40	$1,096	$91
40	$1,208	$101
40	$944	$79
40	$1,170	$97
40	$303	$25
40	$474	$39
40	$957	$80
40	$1,051	$88
40	$1,627	$136
40	$1,345	$112
40	$1,017	$85
40	$318	$26
40	$924	$77
40	$345	$29
40	$906	$75
40	$1,121	$93
40	$961	$80
40	$253	$21
40	$363	$30
40	$486	$41
40	$661	$55
40	$1,477	$123
40	$390	$32
40	$942	$79
40	$294	$24
40	$1,049	$87
40	$703	$59
40	$365	$30
40	$378	$32
40	$642	$54
40	$609	$51
40	$354	$30
40	$1,286	$107
40	$998	$83
40	$379	$32
40	$459	$38
40	$522	$44
40	$459	$38
40	$871	$73
40	$328	$27
40	$919	$77
40	$377	$31
40	$410	$34
40	$456	$38
40	$838	$70
40	$803	$67
40	$1,708	$142
40	$1,128	$94
40	$385	$32
40	$974	$81
40	$723	$60
40	$1,009	$84
40	$737	$61
40	$933	$78
40	$733	$61
40	$360	$30
40	$816	$68
40	$1,334	$111
40	$1,048	$87
40	$859	$72
40	$876	$73
40	$664	$55
40	$584	$49
40	$955	$80
40	$277	$23
40	$674	$56
40	$419	$35
40	$1,059	$88
40	$1,070	$89
40	$1,023	$85
40	$588	$49
40	$980	$82
40	$594	$50
40	$939	$78
40	$530	$44
40	$1,159	$97
40	$892	$74
40	$562	$47
40	$599	$50
40	$852	$71
40	$828	$69
40	$552	$46
40	$455	$38
40	$354	$29
40	$428	$36
40	$264	$22
65	$361	$30
65	$678	$56
65	$616	$51
65	$963	$80
65	$560	$47
65	$1,677	$140
65	$807	$67
65	$1,591	$133
65	$863	$72
65	$1,601	$133
65	$711	$59
65	$493	$41
65	$471	$39
65	$816	$68
65	$2,151	$179
65	$909	$76
65	$847	$71
65	$820	$68
65	$857	$71
65	$891	$74
65	$653	$54
65	$467	$39
65	$1,182	$99
65	$319	$27
65	$640	$53
65	$549	$46
65	$1,071	$89
65	$1,227	$102
65	$925	$77
65	$534	$45
65	$367	$31
65	$393	$33
65	$770	$64
65	$783	$65
65	$256	$21
65	$1,600	$133
65	$906	$75
65	$308	$26
65	$467	$39
65	$868	$72
65	$984	$82
65	$888	$74
65	$1,248	$104
65	$911	$76
65	$965	$80
65	$1,390	$116
65	$718	$60
65	$459	$38
65	$1,232	$103
65	$899	$75
65	$266	$22
65	$965	$80
65	$425	$35
65	$1,067	$89
65	$711	$59
65	$807	$67
65	$966	$81
65	$1,152	$96
65	$762	$63
65	$310	$26
65	$572	$48
65	$417	$35
65	$366	$30
65	$371	$31
65	$1,679	$140
65	$971	$81
65	$473	$39
65	$592	$49
65	$389	$32
65	$751	$63
65	$391	$33
65	$366	$30
65	$530	$44
65	$1,339	$112
65	$397	$33
65	$449	$37
65	$646	$54
65	$1,200	$100
65	$965	$80
65	$371	$31
65	$1,281	$107
65	$1,452	$121
65	$1,075	$90
65	$358	$30
65	$1,011	$84
65	$712	$59
65	$959	$80
65	$848	$71
65	$893	$74
65	$401	$33
65	$649	$54
65	$1,098	$92
65	$697	$58
65	$864	$72
65	$431	$36
65	$360	$30
65	$582	$48
65	$869	$72
65	$935	$78
65	$363	$30
65	$272	$23
65	$289	$24

FACTORS THAT IMPACT THE COST OF INSURANCE

Your age, gender and location can affect how much you pay for insurance. But there are other factors that may determine the average cost of insurance. Familiarizing yourself with these can help you reduce your premiums.

Deductible
Vehicle type
Annual mileage
Driving record
Credit score
Insurance history
Claims history
Number of drivers in your household

Why Age Affects Car Insurance Rates

Regardless of age, first-time drivers typically pay more for car insurance due to their inexperience. However, most of them are also teenagers who just got their licenses. A study by the AAA Foundation for Traffic Safety showed that from 2014 to 2015, drivers aged 16 and 17 had the highest number of crashes per 100 million miles driven at 1,432. Given those numbers, insurers charge teen drivers higher premiums.

The number of crashes went down to 730 for ages 18–19 and 572 for drivers between 20 and 24. And as drivers enter their 30s and 40s, numbers decreased even more — to 328 and 314, respectively.

LEARN MORE ABOUT CAR INSURANCE BY AGE

Why Gender Affects Car Insurance Rates

Young drivers are riskier to insure than older, more experienced drivers, and the same is true for young males compared to young females. According to the CDC, males aged 16–19 are almost twice as likely to be killed in a car accident as females of the same age. As drivers gain more experience, the gap between car insurance costs narrows until only a few dollars separate the genders. At this point, other factors overshadow the importance of age and gender in car insurance pricing, including driving history and location.

Frequently Asked Questions

Numbers show that several factors affect auto insurance rates. MoneyGeek included some commonly asked questions regarding how age and gender can affect the cost of car insurance.

Average Car Insurance Rates by Age and Gender

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