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, female 65-year-olds pay $1,730 a year for coverage. Male 65-year-olds pay an average of $1,754. However, factors such as location, driving record, and gender also significantly impact rates.

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.

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

GenderAverage annual premiumAverage monthly premium
Male$1,754$146
Female$1,730$144

Average car insurance for 65-year-old drivers by company

Nationwide has the cheapest rates for 65-year-olds at an average of $1,372 a year, and Travelers is second at $1,471 a year.

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.

CompanyAverage premiumAnnual premium for maleAnnual premium for female
Nationwide$1,372$1,391$1,353
Travelers$1,471$1,503$1,439
GEICO$1,662$1,659$1,665
State Farm$1,765$1,765$1,766
Progressive$1,836$1,848$1,825
Farmers$2,144$2,177$2,109
Allstate$2,352$2,363$2,341
USAA$1,290$1,302$1,277

Best car insurance for 65-year-old driver

We've compared top insurance companies to see which offers the best coverage for 65-year-old drivers. Our analysis shows that Travelers is the top pick overall with average rates of $1,471. Erie Insurance is our second pick.

Company nameAM BestNAICSurvey scoreAverage annual premiumInsurance.com score
TravelersA++0.524.41$1,4714.65
Erie InsuranceA+0.894.47$1,3934.61
Auto-OwnersA+0.544.42$1,4334.61
NationwideA0.634.52$1,3724.6
GEICOA++0.694.43$1,6624.48
State FarmA++0.794.52$1,7654.42
ProgressiveA+0.714.4$1,8364.24
American FamilyA0.343.99$1,6834.17
AmicaA+0.754.68$2,1884.06
FarmersA0.864.41$2,1443.89
AllstateA+1.14.36$2,3523.75
USAAA++1.184.71$1,2904.76

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 is the cheapest state of for male drivers at $1,119 a year. The most expensive state is Louisiana at $2,714 a year.

For female 65-year-old drivers Maine is the cheapest state at an average rate of $1,095 annually. Louisiana is the most expensive for females at $2,710 a year.

Check out the table below to see average car insurance rates for 65-year-olds in your state.

StateAverage annual male premiumAverage annual female premium
Alaska$1,632$1,569
Alabama$1,736$1,685
Arkansas$1,804$1,759
Arizona$1,723$1,690
California$2,284$2,284
Colorado$2,212$2,198
Connecticut$1,624$1,632
Washington, D.C.$2,095$2,058
Delaware$1,950$1,982
Florida$2,491$2,462
Georgia$1,878$1,867
Hawaii$1,517$1,517
Iowa$1,413$1,395
Idaho$1,333$1,292
Illinois$1,411$1,388
Indiana$1,380$1,343
Kansas$1,673$1,641
Kentucky$2,117$2,051
Louisiana$2,714$2,710
Massachusetts$1,430$1,430
Maryland$1,788$1,736
Maine$1,119$1,095
Michigan$2,102$2,102
Minnesota$1,732$1,723
Missouri$1,784$1,767
Mississippi$1,866$1,812
Montana$2,034$2,004
North Carolina$1,679$1,679
North Dakota$1,587$1,570
Nebraska$1,663$1,645
New Hampshire$1,201$1,175
New Jersey$1,877$1,836
New Mexico$1,961$1,923
Nevada$1,963$2,004
New York$1,776$1,752
Ohio$1,330$1,298
Oklahoma$1,968$1,925
Oregon$1,563$1,546
Pennsylvania$1,678$1,678
Rhode Island$2,079$2,093
South Carolina$1,891$1,865
South Dakota$1,983$1,917
Tennessee$1,580$1,516
Texas$1,811$1,787
Utah$1,731$1,725
Virginia$1,393$1,364
Vermont$1,220$1,211
Washington$1,578$1,557
Wisconsin$1,518$1,460
West Virginia$1,813$1,800
Wyoming$1,723$1,670

Average car insurance cost vs. teens

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 65-year-olds compare to drivers at other ages.

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