Best Auto insurance quotes 2024

Compare car insurance rates by age

It’s hard to determine which factors have the most impact on your car insurance rate because each company weighs those factors differently. We can tell you what most of those ingredients are, but there’s no way to know which is the most important with a particular insurer.

So, to help you find the best price for the insurance you want, we can show you average annual rates for minimum and full coverage car insurance. To narrow it down even further, we’ve collected average rates for drivers with various driving experiences and credit histories in every state and for every major auto insurance company.

Your age can have a big impact on your car insurance rate. For example, you might already know teen drivers have some of the highest car insurance rates on average, but they aren’t the only ones. Although your rates will likely decrease once you hit your thirties, most drivers tend to see higher rates once they reach their 70s.

Below are the average costs of full and minimum coverage, by age, for drivers with good credit and a clean driving history.

Compare car insurance rates for 20-year-olds

Drivers around the age of 20 typically get higher car insurance rates because they are more likely to get into accidents than older drivers, on average. NerdWallet recommends comparing auto insurance rates to find the cheapest option available, even if it may not be as affordable as other age groups.

To get more insight into how your age affects your car insurance, we compiled average annual rates from nine of the 10 largest private passenger auto insurers in the country based on market share data from the National Association of Insurance Commissioners. Data for Liberty Mutual wasn’t available.

Average annual rate for 20-year-olds, by company

Rates vary from company to company. For example, full coverage from State Farm for a 20-year-old costs $4,452 a year, on average, while the average price from Allstate is $6,358.

Dive deeper below by comparing annual rates for 20-year-olds by state. Rates are averaged across the country separately for full and minimum coverage.

Average annual rate for 20-year-olds, by state

Average car insurance rates for a 20-year-old driver vary significantly from state to state. Some states, like Hawaii and North Carolina, have average rates under $2,000 a year for full coverage. In other states, such as Connecticut and Rhode Island, car insurance costs more than $7,000 a year, on average, for the same driver.

See how your state stacks up below.