How much is car insurance for 40-year-old drivers?

Younger drivers pay more for car insurance due to a lack of experience behind the wheel, and then rates go down with age and experience. On average, 40-year-olds pay $1,897 a year for coverage. However, factors such as location, driving record, and gender also significantly impact rates.

AgeAvearge annual premiumAvearge monthly premium
40$1,897$158

Average car insurance for 40-year-old males vs. females

While age is a significant factor in determining car insurance rates, gender is also considered in most states. Males typically face higher insurance rates than females, largely due to a statistically proven tendency to take more risks and sustain more injuries.

This table compares average car insurance rates for 40-year-old males and females.

If you live in California, Hawaii, Massachusetts, Michigan, North Carolina, or Pennsylvania, car insurance companies can't use gender to determine rates.

AgeAverage annual premiumAverage monthly premium
40-year-old Female$1,896$158
40-year-old Male$1,898$158

Best car insurance for 40-year-old driver

We've compared top insurance companies to see which offers the best coverage for 40-year-old drivers. Our analysis shows that Nationwide is the top pick overall.

Company nameAM BestNAICSurvey scoreAverage annual premiumInsurance.com score
NationwideA+0.664.33$1,5484.51
State FarmA++0.524.27$1,9844.39
GeicoA++0.774.20$1,7634.33
TravelersA++1.034.62$1,6064.27
ProgressiveA+0.734.14$1,9984.05
FarmersA0.773.69$2,3873.42
AllstateA+0.953.78$2,5093.27

Average car insurance cost vs. other ages

As you age and gain more driving experience, car insurance rates decrease. For example, rates for a 25-year-old are significantly cheaper than at 16 years old.

The table below shows average car insurance rates for various age groups, so you can see how rates for 40-year-olds compare to drivers at other ages.

Company GroupTeens (16-19)Young Adults (20-24)Adults (25-60)Seniors (65-75)
Travelers$4,834$2,476$1,615$1,590
Geico$5,049$2,647$1,776$1,787
Nationwide$5,285$2,556$1,533$1,456
State Farm$5,368$3,179$1,985$1,858
Progressive$7,174$3,242$2,009$2,000
Allstate$7,437$3,754$2,509$2,477
Farmers$8,348$3,602$2,336$2,290
USAA$4,385$2,159$1,406$1,400

Average car insurance for 40-year-olds by state

States require different amounts of car insurance, which influences the cost of coverage. Because of this, 40-year-old rates can vary widely by location. Maine has the cheapest coverage for 40-year-olds, and Louisiana has the most expensive.

Check out the table below to see average car insurance rates for 40-year-olds in your state.

StateFull coverage premium
Alaska$1,676
Alabama$1,860
Arkansas$1,957
Arizona$1,812
California$2,416
Colorado$2,337
Connecticut$1,725
Washington, D.C.$2,157
Delaware$2,063
Florida$2,694
Georgia$1,970
Hawaii$1,517
Iowa$1,630
Idaho$1,428
Illinois$1,532
Indiana$1,515
Kansas$1,900
Kentucky$2,228
Louisiana$2,883
Massachusetts$1,726
Maryland$1,746
Maine$1,175
Michigan$2,352
Minnesota$1,911
Missouri$1,982
Mississippi$2,008
Montana$2,193
North Carolina$1,741
North Dakota$1,665
Nebraska$1,902
New Hampshire$1,265
New Jersey$1,902
New Mexico$2,049
Nevada$2,060
New York$1,870
Ohio$1,417
Oklahoma$2,138
Oregon$1,678
Pennsylvania$1,872
Rhode Island$2,061
South Carolina$2,009
South Dakota$2,280
Tennessee$1,677
Texas$2,043
Utah$1,825
Virginia$1,469
Vermont$1,319
Washington$1,608
Wisconsin$1,664
West Virginia$2,005
Wyoming$1,758

Cheapest car insurance for 40-year-olds by company

Rates also vary considerably by company. For example, while one insurance company may consider age the determining rate factor, another may consider driving records more critical. By comparing coverage and rates from multiple companies, you can find the best deal for 40-year-olds, helping to reduce your insurance costs.

The table below compares average car insurance rates for 40-year-olds by company.

CompanyFull coverage premium
Nationwide$1,548
Travelers$1,606
Geico$1,763
State Farm$1,984
Progressive$1,998
Farmers$2,387
Allstate$2,509
USAA$1,381