Average Car Insurance Rates By Age

And by the time men and women are in their 30 s they pay comparable rates.

Average car insurance rates by age. You can also read our guide on how to estimate car insurance costs which includes taking into account the amount of coverage you need your age and your location among other factors. According to a 2018 study commissioned from quadrant information services the average cost of car insurance varies significantly based on the driver s age. When all other factors are the same or equal older more experienced drivers pay lower premiums than younger drivers. But 16 year olds of any gender pay an average of 80 more than older drivers.

Male drivers under the age of 18 pay the most of any demographic almost 50 more than teenage female drivers. Below you ll find average car insurance cost by age for several common coverage sets for the time when your teen years are in the rear view mirror but much cheaper rates are still a bit further down the road. Age affects car insurance rates more than gender. Average car insurance rates by age can vary widely.

Our average car insurance rates tool above lets you compare auto insurance rates by zip code. The chart below shows the average cost of car insurance by age starting at age 20 and going to age 85. The difference between the highest and lowest rate is what you can save if you shop around for coverage.