Average car insurance rates by age group range from $671 per year for 45-year-old drivers to $3,192 per year for drivers who are 16 years old. Car insurance rates are highest for teens and seniors, on average, because they are considered high-risk due to an increased likelihood of accidents and expensive claims.
National Average Car Insurance Rates for Key Ages
| Age | Average Premium |
|---|---|
| 16 years old | $3,192 per year |
| 21 years old | $1,217 per year |
| 22 years old | $1,094 per year |
| 45 years old | $671 per year |
| 65 years old | $680 per year |
For more information about average car insurance rates by age and state, check out the complete tables below.
Table of Contents
National Average Car Insurance Rates by AgeAverage Car Insurance Rates by Age and StateDoes Age Affect Car Insurance Rates More Than Other Factors?How Much Should I Pay for Car Insurance?Average Car Insurance Rates By Age and State VideoAverage Car Insurance Rates FAQ
Average Car Insurance Rates by Age
| Age | Average Cost |
|---|---|
| 16 years old | $3,192 per year |
| 17 years old | $2,647 per year |
| 18 years old | $2,325 per year |
| 19 years old | $1,623 per year |
| 20 years old | $1,569 per year |
| 21 years old | $1,217 per year |
| 22 years old | $1,094 per year |
| 23 years old | $1,013 per year |
| 24 years old | $952 per year |
| 25 years old | $815 per year |
| 35 years old | $635 per year |
| 45 years old | $671 per year |
| 55 years old | $692 per year |
| 65 years old | $680 per year |
Note: Averages reflect annual costs, based on data from Quadrant Information Services.
Each driver pays a different amount of money per year, based on what their insurance company decides is a good cost for their risk profile. A wide variety of factors come into play, like your driving record, zip code, and the amount of coverage you buy.
However, age is ultimately one of the biggest factors. Its effects on car insurance rates can be seen from state to state, with the youngest drivers consistently paying the most for coverage.
Learn more about how age affects the cost of car insurance
Average Car Insurance Rates by Age and State
| State | Age 16 | Age 25 | Age 45 | Age 65 |
|---|---|---|---|---|
| Alabama | $3,012 per year | $737 per year | $577 per year | $623 per year |
| Alaska | $2,363 per year | $567 per year | $470 per year | $503 per year |
| Arizona | $4,152 per year | $903 per year | $720 per year | $754 per year |
| Arkansas | $2,980 per year | $773 per year | $591 per year | $588 per year |
| California | $2,534 per year | $900 per year | $717 per year | $732 per year |
| Colorado | $3,601 per year | $747 per year | $606 per year | $622 per year |
| Connecticut | $5,837 per year | $1,296 per year | $1,086 per year | $1,058 per year |
| Delaware | $4,949 per year | $1,116 per year | $927 per year | $900 per year |
| Florida | $5,301 per year | $1,440 per year | $1,242 per year | $1,199 per year |
| Georgia | $4,508 per year | $1,112 per year | $877 per year | $874 per year |
| Hawaii | $493 per year | $432 per year | $432 per year | $432 per year |
| Idaho | $2,071 per year | $484 per year | $374 per year | $372 per year |
| Illinois | $3,145 per year | $750 per year | $592 per year | $611 per year |
| Indiana | $2,056 per year | $533 per year | $422 per year | $445 per year |
| Iowa | $1,416 per year | $383 per year | $294 per year | $294 per year |
| Kansas | $2,405 per year | $683 per year | $565 per year | $564 per year |
| Kentucky | $3,736 per year | $1,020 per year | $827 per year | $796 per year |
| Louisiana | $6,488 per year | $1,449 per year | $1,175 per year | $1,276 per year |
| Maine | $1,906 per year | $556 per year | $427 per year | $414 per year |
| Maryland | $4,319 per year | $1,225 per year | $1,038 per year | $1,108 per year |
| Massachusetts | $2,808 per year | $729 per year | $647 per year | $552 per year |
| Michigan | $4,704 per year | $1,392 per year | $1,300 per year | $1,305 per year |
| Minnesota | $2,333 per year | $825 per year | $698 per year | $667 per year |
| Mississippi | $2,501 per year | $672 per year | $508 per year | $501 per year |
| Missouri | $3,247 per year | $825 per year | $651 per year | $647 per year |
| Montana | $2,468 per year | $506 per year | $423 per year | $428 per year |
| Nebraska | $2,209 per year | $561 per year | $437 per year | $433 per year |
| Nevada | $4,894 per year | $1,063 per year | $874 per year | $936 per year |
| New Hampshire | $2,412 per year | $702 per year | $503 per year | $496 per year |
| New Jersey | $5,286 per year | $1,436 per year | $1,283 per year | $1,188 per year |
| New Mexico | $2,439 per year | $575 per year | $497 per year | $522 per year |
| New York | $5,701 per year | $1,983 per year | $1,719 per year | $1,768 per year |
| North Carolina | $1,738 per year | $534 per year | $511 per year | $511 per year |
| North Dakota | $2,075 per year | $440 per year | $384 per year | $381 per year |
| Ohio | $1,976 per year | $543 per year | $393 per year | $395 per year |
| Oklahoma | $3,343 per year | $656 per year | $511 per year | $529 per year |
| Oregon | $3,608 per year | $940 per year | $807 per year | $833 per year |
| Pennsylvania | $2,642 per year | $717 per year | $611 per year | $583 per year |
| Rhode Island | $6,068 per year | $1,143 per year | $946 per year | $1,066 per year |
| South Carolina | $3,871 per year | $996 per year | $802 per year | $852 per year |
| South Dakota | $1,530 per year | $370 per year | $304 per year | $300 per year |
| Tennessee | $2,455 per year | $597 per year | $467 per year | $479 per year |
| Texas | $3,930 per year | $997 per year | $773 per year | $797 per year |
| Utah | $4,192 per year | $917 per year | $765 per year | $800 per year |
| Vermont | $1,384 per year | $428 per year | $318 per year | $301 per year |
| Virginia | $2,748 per year | $757 per year | $603 per year | $610 per year |
| Washington | $3,640 per year | $898 per year | $699 per year | $759 per year |
| West Virginia | $2,364 per year | $650 per year | $523 per year | $508 per year |
| Wisconsin | $2,265 per year | $519 per year | $412 per year | $418 per year |
| Wyoming | $1,404 per year | $339 per year | $291 per year | $292 per year |
Note: Averages reflect annual costs, based on data from Quadrant Information Services.
See monthly average costs by age and state
Does Age Affect Car Insurance Rates More Than Other Factors?
Age isn’t the only factor that has a big impact on car insurance rates. Fortunately, some of the others are actually within your control.
Age vs. Location: Age affects car insurance rates more than location. Young drivers pay significantly more than older drivers, and regardless of where a driver lives, their rates will drop steadily as they get older.
Age vs. Vehicle Type: Age affects car insurance rates more than vehicle type while a driver is young – between the ages of 15 and 25. After that, a driver’s choice of car affects their premium more noticeably than their age. You could end up paying 70% more for car insurance than your coworker does, just because they drive a minivan and you drive a Tesla. A car’s insurance cost is influenced by its safety ratings, its likelihood of getting stolen, and average repair costs for that model of car, among other factors.
Age vs. Gender: Age affects car insurance rates more than gender. Male drivers under the age of 18 pay the most of any demographic – almost 50% more than teenage female drivers. But 16-year-olds of any gender pay an average of 80% more than older drivers. And by the time men and women are in their 30’s, they pay comparable rates.
Age vs. Driving Record: A person’s driving record affects their car insurance rates more than their age does. Even the youngest, most untested drivers aren’t as much of a liability as drivers with a DUI. High-risk drivers with a poor record can see an increase of anywhere from 50% to 300% above standard costs for their age group.
Age vs. Credit Score: A driver’s age affects their car insurance rates more than their credit score does. In some states, it’s actually illegal for companies to use your credit score as a factor in your insurance costs.
How Much Should I Pay for Car Insurance?
A good rule of thumb is to buy as much car insurance as you can afford. You might be tempted to skimp and buy only your state’s minimum car insurance. But many optional forms of car insurance are worth considering, often providing benefits worth far more than the amount they add to your premium.
Neither comprehensive insurance nor collision insurance is required, but both are smart choices. Comprehensive insurance covers damage from non-collision accidents, like vandalism or theft. Without it, you’re stuck paying all the bills if a tree falls on your car during a storm, for instance. And collision insurance handles your car repair bills, even if you caused an accident. You might also consider buying medical coverage if your health insurance has a very high deductible.
Finally, whether you’re 16 years old or 65, make sure to shop around for the best deal on whatever coverage you decide to buy. This will ultimately allow you to afford higher coverage limits.
Average Car Insurance Rates By Age and State Video
FAQ About Car Insurance Rates by Age and State(135 questions)
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Most Popular
14
Upvotes
When does car insurance go down?
Reply
14
Anamarie Waite, Car Insurance Writer
@anamarie.waite
The cost of car insurance typically goes down the most between the ages of 18 and 19, when rates drop by about 25% on average. Car insurance premiums generally continue to go down each year untilage 25, when rates begin to level off for the next few decades. When drivers turn 25 years old, they can expect a discount of about 14%.
When Car Insurance Rates Go Down the Most
Age | Average Rate | Change from Previous Age |
16 | $3,192 per year | 0% |
17 | $2,647 per year | -17% |
18 | $2,325 per year | -12% |
19 | $1,623 per year | -30% |
20 | $1,569 per year | -3% |
21 | $1,217 per year | -22% |
22 | $1,094 per year | -10% |
23 | $1,013 per year | -7% |
24 | $952 per year | -6% |
25 | $815 per year | -14% |
Note: The table above shows average annual rates for minimum coverage across all 50 states.
Around middle age, rates may begin to creep back up. This is because middle-aged drivers tend to insure newer, nicer cars and begin to add their children to the policy, increasing the average rate for this age range overall. Individual rates also start to go up again between the ages of 65 and 75 because senior drivers have a higher risk of accidents than middle-aged drivers.
Why Age Affects Car Insurance
Age affects car insurance ratesbecause it's an indicator of a driver's risk to an insurance company. Young drivers are statistically more likely to get into a car accident than older, more experienced drivers. As a result, they're considered high-risk and are more expensive to insure.
The risk for the insurer and the cost for the insured then generally decline as drivers age and gain experience. Once drivers pass the age of 65, however, their risk starts to go up again. Not only are senior drivers more likely to get into an accident than middle-aged drivers, but they're also more likely to be injured as a result.
States Where Age Does Not Affect Rates
Although most people in the U.S. will find their prices change according to this timeline, there are a few states in which insurers can't use age to determine your rate. In California, Hawaii, and Massachusetts, age won't have a direct effect on how much you pay for car insurance.Other factorswill still have an impact, though. Your driving record, credit score, and marital status can all affect your final premium.
13
Upvotes
How much is car insurance for a 16-year-old?
Reply
13
Car insurance for a 16-year-old is $3,192 per year for minimum coverage, on average. Sixteen-year-old drivers pay an average of $3,192 per year for full coverage, which typically includes comprehensive and collision insurance in addition to the state's minimum requirements.
Sixteen-year-olds pay more for car insurance than older, more experienced drivers because insurers consider them to be high-risk, meaning they're more likely to file a claim. Because the cost of coverage for 16-year-olds is so...
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16
Upvotes
How much is car insurance monthly?
Reply
16
WalletHub
@WalletHub
Car insurance costs $60 per month, on average, for a minimum coverage policy, although individual rates might vary. Full coverage car insurance is more expensive because it also pays to repair or replace your car after it is damaged by a crash or something other than an accident, like vandalism.
Average Price of Car Insurance per Month
Driver's Age | Average Monthly Premium |
... | $278 |
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14
Upvotes
How much is car insurance for a 21-year-old?
Reply
14
Candace Baker, Car Insurance Writer
@candacebaker
Car insurance for a 21-year-old is $1,217 per year for minimum coverage, on average. Twenty-one-year-old drivers pay an average of $1,217 per year for full coverage, which typically includes comprehensive and collision insurance in addition to the state's minimum requirements.
Twenty-one-year-olds pay more for car insurance than older, more experienced drivers because insurers consider them to be high-risk, meaning they're more likely to file a claim. Because the cost of coverage for 21-year-olds is so...
show more
Upvotes
Which age group pays the most for car insurance?
Reply
Leif Olson, Car Insurance Writer
@leif_olson_1
The age group that pays the most for car insurance is 16-19 years old. For example, 16-year-olds pay an average of $3,343 per year for minimum car insurance coverage, which is more than four times higher than what the average driver overall pays per year.
Age Groups That Spend the Most on Car Insurance
Ages | Average Annual Premium |
16-19 | ... |
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14
Upvotes
At what age is car insurance cheapest?
Reply
14
WalletHub
@WalletHub
Car insurance is cheapest around age 55, on average, according to WalletHub data. Middle-aged drivers with experience on the road are the least expensive to insure because they have the lowest accident and claims rates, especially compared to senior and teenage drivers, who are the most likely to be involved in car crashes. Overall, car insurance is cheapest for drivers aged 35-65.
Cheapest Ages for Car Insurance
Age | Average Annual Premium |
...
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6
Upvotes
Does car insurance go down at 25?
Reply
6
WalletHub
@WalletHub
Yes, car insurance typically goes down at age 25 for experienced drivers with good driving records. Drivers can usually expect to pay 12% to 20% less for car insurance coverage starting at age 25, since 25-year-olds are no longer considered as high-risk as younger drivers.
How Car Insurance Rates Change by Age
| Age | Average Rate | Decrease From Prior Year |
| 16 | $2,845 | N/A |
...
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2
Upvotes
What age does car insurance go down for males?
Reply
2
Anamarie Waite, Car Insurance Writer
@anamarie.waite
Car insurance goes down by 15% for male drivers at age 25 and even goes down every year until age 25. Once men are in their mid-twenties, rates begin to decrease more gradually and plateau through middle age. Premiums won't start going up again until men are about 65 to 75 years old. Seniors, like young adults, have a higher level of risk for accidents and pay more for insurance.
Male and female drivers...
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12
Upvotes
How does age affect the cost of car insurance?
Reply
12
WalletHub
@WalletHub
Age affects the cost of car insurance by up to 389% on average because certain age groups are statistically more likely to be involved in accidents. Age is a factor in car insurance pricing in nearly all states, though California, Hawaii and Massachusetts do not allow the practice.
Average Car Insurance Rates by Age
Age | Average Annual Cost |
16 | ... |
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2
Upvotes
When does car insurance go down for females?
Reply
2
Merrill Burchell, Car Insurance Writer
@merrill_burchell
Car insurance rates begin to go down for young female drivers at age 21, usually. When men or women turn 25, their statistical risk of being in an accident goes way down. However, many insurance companies begin to reduce premiums for female drivers four years earlier. From the ages of 21 to 25, female drivers' rates gradually drop nearly 25%, according to studies. Women's rates continue to decrease after age 25, but more gradually, until...
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