Car Insurance

At What Age Does Car Insurance Go Down?

Find out at what age car insurance goes down, for males and females at different ages.

When Does Insurance Go Down for New Drivers?

In the auto insurance world, the age of the driver affects how much insurance premium they have to pay. New drivers typically have to pay more if they are under the age of 25. Luckily, with each year of driving experience you gain as a new driver, the less you have to pay. 

If you are driving from the ages of 16 to 24, your insurance can be thousands of dollars more expensive every year. Each year your car insurance rate will go down. The simplified way this works is that there are numerous factors that car insurance companies look at when deciding the cost of your car insurance policy. 

If you are a new driver and are eligible to be added to a parent or guardian’s existing policy, that may be cheaper than getting your own auto insurance. 

Does Car Insurance Go Down at 25?

There is a common misconception that once you hit the age of 25, that age is when your cost of car insurance starts to go down. The truth is, car insurance rate reductions usually happen even before drivers turn 25.

This means that each year after a teenager gets their license at 16, they may see car insurance decreases. However, this can vary state by state and company by company. Some insurance companies may even raise their quotes around the age of 18. 

Age-related car insurance decreases happen for each year of driving experience after you get your driver’s license, which is typically most noticeable before the age of 25. Teenage drivers, especially those who drive on Friday, Saturday, and Sunday nights, account for a significant amount of car accidents on the road. 

After 25, the price difference due to age stabilizes and you will likely have to pay less for insurance. 

For Drivers Aged 25 to 30

From ages 25 to 30, drivers may not see as drastic age-related changes as previous years. However, if you continue to maintain a good driving record, you may be able to secure lower insurance premiums. Compared to teenage drivers, this age group tends to be more reliable while driving and has experience dealing with uncertainties on the road. 

For Drivers Aged 30 to 64

Middle-aged drivers usually have the lowest insurance rates based on age because they have plenty of driving experience behind the wheel. Of course, if you didn’t start driving while young and received your driver’s license more recently, you would likely see higher rates because your age would not correlate with your driving experience. 

For Drivers Aged 65 and Older

Senior citizens may see insurance premium increases once they hit the ages of 65 and older, even if they have an excellent driving record. This is because older drivers may have visual impairments, physical impairments, as well as cognitive impairments that impede their ability to drive safely on the road. 

What Age Does Car Insurance Go Down for Males?

Car insurance rates usually start going down in the mid-twenties for men. The rate reductions usually plateau after that and reach a stable low throughout middle age. For a few decades, car insurance will not increase due to the age factor for male drivers. Young male teenagers are the ones who face the highest car insurance premiums on average. 

What Age Does Car Insurance Go Down for Females?

The average female driver typically has a noticeably lower car insurance premium compared to male drivers between the ages of 16 and 25. Like male drivers, female drivers have to pay more for insurance when they are younger. By the time they are in their mid-twenties, their insurance rates will start going down. 

How to Decrease Your Auto Insurance At Any Age

Age and driving experience are not the only factors that insurance companies look at when deciding your auto insurance. 

Look for easy discounts 

Major insurance companies offer discounts for eligible drivers. It can be as simple as going paperless, paying your premium online, or agreeing to automated payments. 

Maintain good credit

Insurance companies may look at your credit history and status when deciding your rate. If you have no credit or poor credit, it can seriously hurt your rate and force you to pay more. 

Add on to a parent’s policy

Parents and guardians who already have continuous car insurance coverage may be able to add their teen drivers to their policy, thus lowering the total insurance cost within the family. 

Average Car Insurance Rates By Age

Age Rate & change
17 and under $206
18 $230 (+12%)
19-20 $203 (-12%)
21-22 $176 (-13%)
23-24 $153 (-13%)
25-29 $136 (-11%)
30-34 $127 (-6%)
35-39 $124 (-2%)
40-44 $122 (-2%)
45-49 $120 (-1%)
50-54 $111 (-8%)
55-64 $100 (-10%)
65-74 $96 (-3%)
75+ $101 (+4%)

Reach out for insurance shopping help 

Worth Insurance makes shopping for auto insurance an easy and painless process. We provide you with quick, competitive quotes so you can make an informed insurance decision. 



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