- How much is car insurance for 65-year-old drivers?
- Best car insurance for 65-year-old drivers
- Cheapest car insurance for 65-year-olds by company
- Average car insurance for 65-year-old males vs. females
- Average car insurance for 65-year-olds by state
- Compare car insurance cost for a 65-year-old vs. other ages
- Frequently asked questions about car insurance for 65-year-old drivers
How much is car insurance for 65-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, 65-year-olds pay $1,742 a year for coverage. However, factors such as location, driving record, and gender also significantly impact rates.
| Age | Avearge annual premium | Avearge monthly premium |
|---|---|---|
| 65 | $1,742 | $145 |
Best car insurance for 65-year-old drivers
Nationwide is the best auto insurance company overall for 65-year-old drivers. We've compared top insurance companies to see which offers the best coverage for 65-year-old drivers. Our analysis shows that Nationwide is the top pick overall.
| Company name | AM Best | NAIC | Survey score | Average annual premium | Insurance.com score |
|---|---|---|---|---|---|
| Nationwide | A+ | 0.66 | 4.33 | $1,372 | 4.51 |
| State Farm | A++ | 0.52 | 4.27 | $1,765 | 4.43 |
| Geico | A++ | 0.77 | 4.20 | $1,662 | 4.27 |
| Travelers | A++ | 1.03 | 4.62 | $1,471 | 4.24 |
| Progressive | A+ | 0.73 | 4.14 | $1,836 | 4.04 |
| Farmers | A | 0.77 | 3.69 | $2,144 | 3.48 |
| Allstate | A+ | 0.95 | 3.78 | $2,352 | 3.27 |
Cheapest car insurance for 65-year-olds by company
Nationwide offers the cheapest 65-year-old car insurance. 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 65-year-olds, helping to reduce your insurance costs.
The table below compares average car insurance rates for 65-year-olds by company.
| Company | Full coverage premium |
|---|---|
| Nationwide | $1,372 |
| Travelers | $1,471 |
| Geico | $1,662 |
| State Farm | $1,765 |
| Progressive | $1,836 |
| Farmers | $2,144 |
| Allstate | $2,352 |
| USAA | $1,290 |
Average car insurance for 65-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 65-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.
| Age | Average annual premium | Average monthly premium |
|---|---|---|
| 65-year-old Female | $1,730 | $144 |
| 65-year-old Male | $1,754 | $146 |
Average car insurance for 65-year-olds by state
States require different amounts of car insurance, which influences the cost of coverage. Because of this, 65-year-old rates can vary widely by location. Maine has the cheapest coverage for 65-year-olds, and Louisiana has the most expensive.
Check out the table below to see average car insurance rates for 65-year-olds in your state.
| State | Full coverage premium |
|---|---|
| Alaska | $1,601 |
| Alabama | $1,711 |
| Arkansas | $1,782 |
| Arizona | $1,707 |
| California | $2,284 |
| Colorado | $2,205 |
| Connecticut | $1,628 |
| Washington, D.C. | $2,076 |
| Delaware | $1,966 |
| Florida | $2,477 |
| Georgia | $1,872 |
| Hawaii | $1,517 |
| Iowa | $1,404 |
| Idaho | $1,312 |
| Illinois | $1,400 |
| Indiana | $1,361 |
| Kansas | $1,657 |
| Kentucky | $2,084 |
| Louisiana | $2,712 |
| Massachusetts | $1,430 |
| Maryland | $1,762 |
| Maine | $1,107 |
| Michigan | $2,102 |
| Minnesota | $1,728 |
| Missouri | $1,776 |
| Mississippi | $1,839 |
| Montana | $2,019 |
| North Carolina | $1,679 |
| North Dakota | $1,578 |
| Nebraska | $1,654 |
| New Hampshire | $1,188 |
| New Jersey | $1,856 |
| New Mexico | $1,942 |
| Nevada | $1,984 |
| New York | $1,764 |
| Ohio | $1,314 |
| Oklahoma | $1,947 |
| Oregon | $1,555 |
| Pennsylvania | $1,678 |
| Rhode Island | $2,086 |
| South Carolina | $1,878 |
| South Dakota | $1,950 |
| Tennessee | $1,548 |
| Texas | $1,799 |
| Utah | $1,728 |
| Virginia | $1,378 |
| Vermont | $1,215 |
| Washington | $1,567 |
| Wisconsin | $1,489 |
| West Virginia | $1,806 |
| Wyoming | $1,696 |
Compare car insurance cost for a 65-year-old vs. other ages
It can be helpful to compare car insurance rates for 65-year-olds to rates at other ages so that you can see how much you'll pay in the future.
The table below shows average car insurance rates for various age groups, so you can see how rates for 65-year-olds compare to drivers at other ages.
| Company Group | Teens (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 |
Frequently asked questions about car insurance for 65-year-old drivers
Do auto insurance rates increase after 65?
Car insurance rates start to increase after the age of 65, but it varies by company. You'll still pay a lot less than a teen driver.
How can you get cheap car insurance for a 65-year-old driver?
To find the cheapest car insurance for a 65-year-old, shop around and ask about discounts such as those for taking a defensive driving course.
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