Teenagers pay the highest rates for insurance due to inexperience and also because distracted driving is a big problem for this demographic. Whether they are texting or talking with their friends in the car, there are higher incidents of car accidents for this demographic so most insurers consider teens to be high-risk drivers. A lapse in car insurance coverage may mean even higher rates for a teen in the long-run. Discounts for good students often offsets some of the costs. Here are some insurance rates for teen drivers according to gender.
Average Car Insurance Rates for Female Teen Drivers
Average Car Insurance Rates for Male Teen Drivers
Some states do not use gender as a rating factor when determining car insurance premiums. According to the Consumer Federation of America, these states include California, Hawaii, Massachusetts, Montana, Pennsylvania and North Carolina.
In your twenties, your car insurance rate begins to drop--what a relief! By age 25, your rate may drop as much as 30%, as long as you avoid getting tickets or having an accident. If you keep your driving record clean, you may qualify for a safe driver discount.
One of the advantages of getting older is that car insurance rates continue to drop, as long as you keep a clean driving record. In fact, your rate will continue to drop and will begin to rise again when you reach the age of 60. Until then, enjoy the perks of aging!
In your early twenties, car insurance rates are high and drop by about 30% by the age of 25. Rates will continue to decrease until much later. Your lowest car insurance rate will be when you reach the age of 50. When you reach 60, your rate will start to rise steadily. If you avoid accidents and tickets while maintaining a good credit score, your car insurance rate will be considerably lower.
Find Cheap Car Insurance in Your 40s by Vehicle Make
40-Year-Old Driver
| Vehicle Make | Avg Monthly Rate |
|---|
| Oldsmobile | $74.00 |
| Saturn | $86.00 |
| Pontiac | $95.00 |
| Mercury | $96.00 |
| Saab | $98.00 |
Best Car Insurance Companies in Your 40s
| Company | Insured | Uninsured | Difference |
|---|
| Dairyland Broadform | $109.00 | N/A | $109.00 |
| Elephant Insurance | $168.00 | $158.00 | $10.00 |
| National General Value | $169.00 | $373.00 | $204.00 |
| AssuranceAmerica | $169.00 | $373.00 | $204.00 |
| National General | $169.00 | N/A | $169.00 |
Find Cheap Car Insurance in Your 50s by Vehicle Make
50-Year-Old Driver
| Vehicle Make | Avg Monthly Rate |
|---|
| Oldsmobile | $82.00 |
| SATURN | $90.00 |
| Pontiac | $91.00 |
| Isuzu | $95.00 |
| Mercury | $105.00 |
Best Car Insurance Companies in Your 50s
| Company | Insured | Uninsured | Difference |
|---|
| Elephant Insurance | $114.00 | N/A | $114.00 |
| Dairyland Broadform | $128.00 | N/A | $128.00 |
| National General | $315.00 | N/A | $315.00 |
| Dairyland Auto | $322.00 | $295.00 | $27.00 |
Find Cheap Car Insurance in Your 60s by Vehicle Make
60-Year-Old Driver
| Vehicle Make | Avg Monthly Rate |
|---|
| Oldsmobile | $75.00 |
| ISUZU | $76.00 |
| SAAB | $85.00 |
| Pontiac | $86.00 |
| Mercury | $93.00 |
Best Car Insurance Companies in Your 60s
| Company | Insured | Uninsured | Difference |
|---|
| Dairyland Broadform | $109.00 | N/A | $109.00 |
| Elephant Insurance | $168.00 | $158.00 | $10.00 |
| National General Value | $169.00 | $373.00 | $204.00 |
| AssuranceAmerica | $169.00 | $373.00 | $204.00 |
| National General | $169.00 | N/A | $169.00 |
How Much Is Car Insurance for Senior Drivers?
Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.
