Updated: June 9, 2025
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Age is an important factor in car insurance costs, with younger drivers paying more. Sixteen-year-olds pay the highest monthly premiums at $436 for females and $478 for males.
Gender affects rates most for teens. For 16-year-olds, males pay $495 more yearly than females due to higher accident frequency. The difference decreases to only $33 per year after a driver turns 25.
The difference in car insurance rates between genders narrows as drivers age. For example, at age 60, males and females pay an average of $94 per month.
Car insurance rates vary dramatically by age with teens averaging $437-$478 monthly nationwide paying $200 per month. Young drivers ages 20-25 see rates drop to $152 monthly, while middle-aged drivers enjoy the lowest costs around $101 monthly and seniors face 32% increases to $125.
| 16 | $457 | $5,486 |
| 17 | $381 | $4,578 |
| 18 | $330 | $3,956 |
| 19 | $230 | $2,761 |
| 20 | $207 | $2,481 |
| 21 | $163 | $1,958 |
| 22 | $151 | $1,810 |
| 23 | $139 | $1,674 |
| 24 | $132 | $1,582 |
| 25 | $119 | $1,426 |
| 26 | $114 | $1,367 |
| 27 | $112 | $1,343 |
| 28 | $110 | $1,326 |
| 29 | $109 | $1,311 |
| 30 | $106 | $1,268 |
| 35 | $103 | $1,240 |
| 40 | $102 | $1,220 |
| 45 | $100 | $1,204 |
| 50 | $97 | $1,165 |
| 55 | $94 | $1,131 |
| 60 | $94 | $1,125 |
| 65 | $98 | $1,175 |
| 70 | $104 | $1,252 |
| 75 | $115 | $1,380 |
| 80 | $127 | $1,525 |
| 85 | $136 | $1,637 |
| 90 | $143 | $1,718 |
State location dramatically impacts insurance costs across all age groups. Teens might pay $30 monthly for minimum coverage in Indiana versus $100+ in Louisiana, with full coverage gaps widening further. Young drivers ages 20-25 face $25-$40 monthly in low-cost states versus $70-$90 in expensive markets. Middle-aged drivers still see 3-4 times higher costs in expensive states. States with higher minimum requirements show smaller minimum-to-full coverage gaps, making strategic location and coverage choices crucial for savings.
| 25 | Alabama | $38 | $454 |
| 25 | Alaska | $42 | $501 |
| 25 | Arizona | $55 | $662 |
| 25 | Arkansas | $39 | $471 |
| 25 | California | $61 | $738 |
| 25 | Colorado | $47 | $565 |
| 25 | Connecticut | $76 | $915 |
| 25 | Delaware | $97 | $1,164 |
| 25 | District of Columbia | $54 | $654 |
| 25 | Florida | $78 | $931 |
| 25 | Georgia | $49 | $589 |
| 25 | Hawaii | $30 | $363 |
| 25 | Idaho | $32 | $381 |
| 25 | Illinois | $39 | $468 |
| 25 | Indiana | $35 | $416 |
| 25 | Iowa | $27 | $321 |
| 25 | Kansas | $42 | $503 |
| 25 | Kentucky | $47 | $569 |
| 25 | Louisiana | $67 | $803 |
| 25 | Maine | $38 | $460 |
| 25 | Maryland | $65 | $777 |
| 25 | Massachusetts | $42 | $504 |
| 25 | Michigan | $85 | $1,018 |
| 25 | Minnesota | $48 | $580 |
| 25 | Mississippi | $43 | $515 |
| 25 | Missouri | $60 | $726 |
| 25 | Montana | $31 | $366 |
| 25 | Nebraska | $40 | $478 |
| 25 | Nevada | $84 | $1,003 |
| 25 | New Hampshire | $63 | $759 |
| 25 | New Jersey | $73 | $874 |
| 25 | New Mexico | $40 | $486 |
| 25 | New York | $111 | $1,338 |
| 25 | North Carolina | $38 | $460 |
| 25 | North Dakota | $31 | $372 |
| 25 | Ohio | $40 | $484 |
| 25 | Oklahoma | $41 | $492 |
| 25 | Oregon | $59 | $711 |
| 25 | Pennsylvania | $39 | $463 |
| 25 | Rhode Island | $58 | $696 |
| 25 | South Carolina | $69 | $827 |
| 25 | South Dakota | $30 | $366 |
| 25 | Tennessee | $36 | $436 |
| 25 | Texas | $61 | $737 |
| 25 | Utah | $53 | $642 |
| 25 | Vermont | $30 | $356 |
| 25 | Virginia | $46 | $552 |
| 25 | Washington | $63 | $761 |
| 25 | West Virginia | $45 | $545 |
| 25 | Wisconsin | $42 | $499 |
| 25 | Wyoming | $24 | $288 |
Age affects car insurance rates because insurers use statistical data showing clear accident patterns across age groups. Teen drivers have the highest crash rates, with 16-17 year olds experiencing 1,432 crashes per 100 million miles driven according to AAA Foundation data. These rates drop significantly to 730 crashes for 18-19 year olds and 572 for drivers aged 20-24, explaining why young drivers ages 16-25 pay 127% more than middle-aged drivers.
At age 25, most insurers consider drivers to have reached full maturity for risk assessment purposes, representing the biggest milestone for rate reductions. Middle-aged drivers enjoy the lowest rates from age 26 to age 50 due to optimal safety records—crash rates fall to just 328 per 100 million miles for drivers in their 30s and 314 for those in their 40s. Senior rates begin increasing at age 65 due to slower reflexes, vision changes, and increased injury severity in accidents.
Age Group | Average Monthly Cost | Average Annual Cost | Age Related Impact |
|---|---|---|---|
16-17 | $419 | $5032 | Baseline |
18-19 | $280 | $3358 | 33% decrease |
20-25 | $152 | $1822 | 46% decrease |
26-30 | $110 | $1323 | 28% decrease |
31-50 | $101 | $1207 | 8% decrease |
51-60 | $95 | $1144 | 6% decrease |
65+ | $125 | $1502 | 32% increase |
You have two options for insuring a teen driver: buy a separate policy or add them to a family policy. Teens under 18 need a parent or guardian to co-sign an individual policy since minors can't legally buy insurance themselves. Both options provide coverage, but adding your teen to your existing policy is more affordable. This approach could save you thousands of dollars yearly compared to a separate policy.
Teen boys pay $42 more monthly than teen girls at age 16, creating a $504 annual difference due to higher accident statistics among young male drivers. At 19, males still pay $241 versus $219 for females, but by age 25, the gap narrows to just $2. Gender differences virtually disappear by age 30, with rates stabilizing around $106 monthly for males and females. Women briefly pay $1-2 more monthly during middle age, but males again pay more for senior drivers, with the gap widening to $12 monthly by age 90. Overall, males pay more annually than females when averaged across all ages due to significantly higher teen and senior premiums.
| 16 | $478 | $436 | $41 |
| 17 | $401 | $362 | $39 |
| 18 | $345 | $314 | $31 |
| 19 | $241 | $219 | $22 |
| 20 | $216 | $198 | $18 |
| 21 | $170 | $157 | $13 |
| 22 | $156 | $146 | $9 |
| 23 | $143 | $136 | $8 |
| 24 | $135 | $129 | $6 |
| 25 | $120 | $118 | $3 |
| 26 | $115 | $113 | $2 |
| 27 | $113 | $111 | $2 |
| 28 | $111 | $110 | $1 |
| 29 | $110 | $109 | $1 |
| 30 | $105 | $106 | $-1 |
| 35 | $102 | $104 | $-2 |
| 40 | $101 | $103 | $-2 |
| 45 | $99 | $101 | $-2 |
| 50 | $97 | $98 | $-1 |
| 55 | $94 | $94 | $0 |
| 60 | $94 | $94 | $0 |
| 65 | $98 | $97 | $1 |
| 70 | $106 | $103 | $2 |
| 75 | $118 | $112 | $5 |
| 80 | $132 | $122 | $9 |
| 85 | $142 | $131 | $11 |
| 90 | $149 | $137 | $12 |
Gender significantly impacts car insurance rates, especially for young drivers. Males aged 16-19 are almost twice as likely to die in car accidents according to the CDC. This causes 16-year-old males to pay more monthly than females. The gender gap narrows with experience when driving history and location become more important than gender. Rates remain nearly equal through middle age before widening again for seniors, with 90-year-old males paying more monthly due to driving more milage and may drive in riskier conditions compared to women of the same age, affecting their risk profiles.
Your age, gender and location affect how much you pay for insurance. However, other factors may determine the average cost. Knowing these can help you reduce your premiums.
The key to maximizing car insurance savings lies in understanding that rates are highly variable and deeply personalized. Regular comparison shopping, strategic discount optimization, and maintaining excellent driving records create compound savings that can reduce annual insurance costs by hundreds or even thousands of dollars.
Teen drivers face premiums that average $350 monthly—over 200% higher than adult rates. However, multiple discount strategies can substantially lower these costs:
Adult drivers benefit most from strategic comparison shopping, as identical coverage can vary by over 400% between providers. A driver paying $200 monthly with one insurer might find comparable coverage for $100 elsewhere. To save the most money, drivers aged 30 and up should:
Regardless of age or driving experience, certain strategies work for all drivers to reduce insurance costs:
Various factors influence car insurance premiums. This article examines how age and gender affect policy costs. Age significantly impacts rates, with 16-year-olds facing the highest monthly premiums — $436 for females and $478 for males.
The biggest rate difference between genders is also among teenagers. Due to higher accident rates, sixteen-year-old males pay about $495 more annually than females their age. This premium gap between genders narrows significantly as drivers age.
MoneyGeek answered some common questions about how age and gender affect car insurance costs.
Age significantly affects car insurance rates. Gender also matters, especially for young drivers. A 16-year-old male pays $495 more yearly than a female of the same age. However, this gap shrinks to just $33 by age 25. Teen insurance is much more expensive — teen drivers pay nearly five times more for coverage than a 50-year-old.
Car insurance rates begin to decline when a driver turns 25, but drivers with clean records enjoy the lowest rates at age 60.
Car insurance rates for young drivers are significantly higher than those for 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, premiums become more affordable as drivers age.
Rates drop most significantly between ages 16-25, with major decreases typically occurring at ages 18, 21 and 25 when insurers reassess risk profiles and driving maturity.
Teen males have accident rates nearly twice as high as teen females according to insurance industry data, leading companies to charge higher premiums to offset increased claim costs.
States with higher overall rates like New York, Florida and Michigan show larger dollar differences between age groups, though percentage differences remain similar across states.
Family policies reduce teen insurance costs by 25-45% compared to individual coverage, with typical savings ranging from $900-1,400 annually depending on the teen's age and gender.
Gender gaps narrow significantly by age 25 and become minimal throughout most adult years, with differences of less than $2 monthly for drivers ages 30-60.
Rates drop most significantly between ages 16-25, with the largest decreases typically occurring at ages 18, 21, and 25 when insurers reassess risk profiles.
Teen males have statistically higher accident rates and more severe crashes than teen females, leading insurers to charge higher premiums to offset this increased risk.
Seven states prohibit gender-based pricing: California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, and Pennsylvania.
State moves can save or cost substantial amounts — moving from New York to Vermont saves $1,215 annually, while moving in the opposite direction increases costs by the same amount.
Add teens to your policy when they get their learner's permit or license, whichever your insurer requires. Family policies save 25-45% compared to individual teen coverage.
Study Overview
MoneyGeek knows finding the right car insurance can be challenging. It's hard to determine necessary coverage and reasonable premiums based on age and gender. We provide accurate, current information to help you make informed decisions.
Data Sources
We gathered data from state insurance departments and Quadrant Information Services.
Driver Profile
We collected nationwide car insurance data from Quadrant Information Services for different age and gender groups driving a 2012 Toyota Camry. We analyzed plans by the driver's age and gender.
Coverage and Deductibles
Average rates on this page reflect full coverage policies with 100/300/100 liability limits and comprehensive and collision coverage, each with a $1,000 deductible.
A 100/300/100 policy means:
A $1,000 deductible is what you pay before your insurance covers vehicle damage. Higher deductibles typically mean lower premiums. Comprehensive and collision deductibles can differ — comprehensive is usually lower than collision. Liability coverage has no deductible.
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.
