How much is car insurance for 65-year-old drivers?
For drivers who are 65 years old, average car insurance rates are $2,373 per year for males and $2,333 for females. Your actual rate depends on factors like location, driving record, vehicle, coverage, deductibleThe deductible is the amount you pay out of pocket for a covered loss when you file a claim., and policy details.
Age strongly affects pricing because it reflects driving experience and risk. In most states, insurers can also use gender in pricing. On average, male drivers pay more due to higher accident and risk rates.
In California, Hawaii, Massachusetts, Michigan, North Carolina, and Pennsylvania, auto insurers are not allowed to factor gender into car insurance pricing.
| Gender | Average annual premium | Average monthly premium |
|---|---|---|
| Male | $2,373 | $198 |
| Female | $2,333 | $194 |
Average car insurance for 65-year-old drivers by company
Travelers offers the cheapest average insurance for 65-year-olds, at $1,836 annually. Rates vary by insurer because each company uses its own pricing model.
For 65-year-olds, the most affordable options are:
- Male drivers: Travelers with an annual rate of $1,875.
- Female drivers: Travelers with yearly costs of $1,796.
| Company | Annual premium for male | Annual premium for female |
|---|---|---|
| Travelers | $1,875 | $1,796 |
| GEICO | $2,019 | $2,031 |
| Progressive | $2,226 | $2,209 |
| Nationwide | $2,289 | $2,176 |
| State Farm | $2,597 | $2,594 |
| Farmers | $2,842 | $2,817 |
| Allstate | $3,027 | $2,968 |
| USAA | $1,549 | $1,513 |
Best car insurance for 65-year-old driver
Travelers is the best car insurance company for 65-year-old drivers in our analysis and has an average annual premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. of $1,836. GEICO ranks second. Our comparison considers price, company ratings, customer feedback, and overall performance.
Our findings show:
- Travelers ranks first, offering average yearly premiums of $1,836.
- GEICO stands out as the second-strongest option.
| Company name | AM Best | NAIC | Survey score | Average annual premium | Insurance.com score |
|---|---|---|---|---|---|
| Travelers | A++ | 0.62 | 4.37 | $1,836 | 4.74 |
| GEICO | A++ | 0.60 | 4.27 | $2,025 | 4.62 |
| Nationwide | A | 0.64 | 4.41 | $2,233 | 4.39 |
| Progressive | A+ | 0.60 | 4.15 | $2,218 | 4.39 |
| State Farm | A+ | 0.87 | 4.38 | $2,596 | 4.19 |
| Amica | A+ | 0.59 | 4.19 | $2,717 | 4.17 |
| Allstate | A+ | 1.20 | 4.35 | $2,998 | 3.85 |
| Farmers | A | 1.24 | 4.30 | $2,829 | 3.81 |
| USAA | A++ | 1.16 | 4.55 | $1,531 | 4.74 |
Average car insurance for 65-year-olds by state
Car insurance for 65-year-olds varies widely by state. Each state has its own rules, and costs shift based on accident rates, medical costs, repair prices, weather risks, and insurer competition. Rates range from $1,494 for male drivers in Vermont to $3,901 in Nevada.
For 65-year-old male drivers:
- The lowest costs are in Vermont, with annual premiums of $1,494 a year.
- The highest costs are in Nevada, where yearly rates average $3,901 annually.
For 65-year-old female drivers:
- Vermont provides the lowest average yearly premium at $1,546 yearly.
- Nevada has the highest annual cost, averaging $3,926 a year.
Check the table below to see average car insurance rates for 65-year-olds in your state.
| State | Average annual male premium | Average annual female premium |
|---|---|---|
| Alaska | $2,065 | $2,034 |
| Alabama | $1,840 | $1,819 |
| Arkansas | $2,653 | $2,531 |
| Arizona | $2,331 | $2,262 |
| California | $3,112 | $3,112 |
| Colorado | $2,938 | $2,903 |
| Connecticut | $2,506 | $2,536 |
| Washington, D.C. | $3,227 | $3,179 |
| Delaware | $2,880 | $2,815 |
| Florida | $3,493 | $3,405 |
| Georgia | $2,489 | $2,393 |
| Hawaii | $1,757 | $1,757 |
| Iowa | $2,170 | $2,114 |
| Idaho | $1,762 | $1,742 |
| Illinois | $1,807 | $1,726 |
| Indiana | $1,699 | $1,682 |
| Kansas | $2,277 | $2,217 |
| Kentucky | $2,439 | $2,376 |
| Louisiana | $3,766 | $3,779 |
| Massachusetts | $2,027 | $2,027 |
| Maryland | $2,082 | $1,945 |
| Maine | $1,677 | $1,628 |
| Michigan | $3,461 | $3,461 |
| Minnesota | $2,334 | $2,302 |
| Missouri | $1,926 | $1,884 |
| Mississippi | $2,254 | $2,172 |
| Montana | $2,321 | $2,281 |
| North Carolina | $2,477 | $2,477 |
| North Dakota | $2,189 | $2,155 |
| Nebraska | $1,830 | $1,792 |
| New Hampshire | $1,692 | $1,650 |
| New Jersey | $3,138 | $3,054 |
| New Mexico | $2,457 | $2,376 |
| Nevada | $3,901 | $3,926 |
| New York | $2,541 | $2,487 |
| Ohio | $1,719 | $1,641 |
| Oklahoma | $2,786 | $2,688 |
| Oregon | $1,840 | $1,831 |
| Pennsylvania | $2,119 | $2,119 |
| Rhode Island | $2,915 | $2,892 |
| South Carolina | $2,281 | $2,257 |
| South Dakota | $2,250 | $2,148 |
| Tennessee | $1,968 | $1,853 |
| Texas | $2,745 | $2,797 |
| Utah | $2,293 | $2,228 |
| Virginia | $1,718 | $1,699 |
| Vermont | $1,494 | $1,546 |
| Washington | $2,345 | $2,342 |
| Wisconsin | $2,196 | $2,097 |
| West Virginia | $2,188 | $2,102 |
| Wyoming | $2,029 | $1,970 |
Average car insurance cost vs. teens
Insurance costs drop after the teen years because drivers gain experience and build a safe record. 65-year-olds usually pay less than a 16-year-old, but rates still depend on location, car, coverage, and driving history.
For example, a 25-year-old pays much less than a 16-year-old.
The table below lists average car insurance rates for different age groups, so you can see how rates for 65-year-olds stack up against drivers of other ages.
| Company Group | Teens (16-19) | Young Adults (20-24) | Adults (25-60) | Seniors (65-75) |
|---|---|---|---|---|
| Allstate | $9,659 | $4,714 | $3,144 | $3,170 |
| Farmers | $12,511 | $4,920 | $3,151 | $3,078 |
| GEICO | $6,507 | $3,240 | $2,159 | $2,237 |
| Nationwide | $8,661 | $4,268 | $2,523 | $2,370 |
| Progressive | $9,823 | $4,083 | $2,549 | $2,404 |
| State Farm | $7,981 | $4,586 | $2,883 | $2,745 |
| Travelers | $6,597 | $3,057 | $1,974 | $1,987 |
| USAA | $5,528 | $2,611 | $1,647 | $1,681 |
Methodology
Rates are fielded in partnership with Quadrant Information Services across all 50 states and Washington, D.C.
Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:
- Bodily injury liability of $100,000 per person and $300,000 per incident
- Property damage liability of $100,000 per incident
- Comprehensive and collision deductibles of $500
- Honda Accord LX
- Good credit
- A clean driving record
- 12-mile commute, 10,000 annual mileage
Data is further filtered to reflect:
- Specific driver age
- Rates for a driver added as a third driver on an existing policy with two parents
Learn more about our data and methodology.
Frequently asked questions: Car insurance for 65-year-olds
Is full coverage worth it for 65-year-olds?
Full coverage is worth it if your vehicle is financed, leased, or expensive to replace. It adds comprehensive and collision coverageCollision coverage helps pay for repairs or replacement of your car if it's damaged in an accident, regardless of who is at fault and is subject to a deductible. to liability insuranceLiability insurance covers sums that an insured becomes legally obligated to pay because of bodily injuries or property damage, or financial losses caused to other people. and pays for damage to your vehicle. For an older, low-value car, compare the annual premium and deductible with the car's current value.
What car insurance discounts are available for 65-year-olds?
Drivers aged 65 may qualify for good-driver, claims-free, multi-car, bundling, automatic payment, paperless billing, and usage-based discounts. Additional savings may apply for safety features, low mileage, or memberships. Ask insurers to apply all discounts before comparing quotes.
Helpful auto insurance tools and calculators
