How much is car insurance for 65-year-old drivers?
Male drivers who are 65 years old spend about $2,373 each year on insurance, while female drivers the same age pay around $2,333 . Driving history and where you live also strongly influence premiums. Young drivers usually face higher costs because they lack experience, but rates decrease as they get older and build a safe record.
Age is one of the biggest factors in setting car insurance rates, but most states also allow insurers to consider gender. On average, men pay more than women since data shows they take greater risks and are involved in more accidents.
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 car insurance for a 65-year-old driver at $1,836 per year. The company you choose for a 65-year-old driver affects how much you pay for car insurance.
The cheapest company for 65-year-old -
- Male drivers: Travelers at $1,875 a year.
- Female drivers: Travelers at $1,796 per year.
| 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
We reviewed leading car insurance providers to identify the best policies for 65-year-old drivers.
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
States require different levels of car insurance, which affects the cost of coverage. As a result, 65-year-old rates can vary significantly by location.
For 65-year-old male drivers:
- Vermont is the cheapest state, offering coverage at $1,494 annually.
- Nevada is the most expensive state, where rates average $3,901 per year.
For 65-year-old female drivers:
- Vermont offers the cheapest rates at an average of $1,546 a year.
- Nevada is the most expensive at $3,926 per year.
Take a look at the table below to see the 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
Car insurance rates go down as you get older and gain more driving experience. 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.
Auto insurance FAQs
What car insurance discounts are there for 65-year-olds?
65-year-old drivers can get many car insurance discounts, including good driver, claims-free, paperless billing, bundling, and usage-based discounts.
Why does age affect car insurance rates?
Age relates to experience because most drivers get their licenses in their teens. It also relates to responsible behavior because older drivers usually take fewer risks.
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