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Thomas Barwick/Getty Images July 13, 2022 Elizabeth Rivelli is a contributing insurance writer for Bankrate and has years of experience writing for insurance domains such as The Simple Dollar, Coverage.com and NextAdvisor, among others Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Bankrate logo The Bankrate promise
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure. Bankrate logo The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we’re putting accuracy first. Bankrate logo Editorial integrity
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You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Bankrate logo Insurance Disclosure
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. In some states, insurance companies are allowed to use gender as a rating factor for calculating car insurance premiums. For women, the national average annual cost for full coverage car insurance is $1,764, according to rates pulled from Quadrant Information Services. Understanding if, how and why your gender affects your car insurance and what you can expect to pay on average in your state might help you make a more informed decision about your coverage. Compare rates and save on auto insurance today! Get quotes Close X RatesRates keep going up in 2022. Compare rates and save on auto insurance today! Get quotes Close X This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More RATE INCREASE ALERT Rates increased up to 12% this year
Shop for a better rate before you renew your current policy. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More Info Key takeaways The average cost of car insurance for female drivers in the U.S. is $1,764 per year for a full coverage policy, which is slightly below the average rate for men and women, which is $1,771 per year. In California, Hawaii, Massachusetts, Michigan, North Carolina and Pennsylvania, insurance companies are not allowed to consider a driver’s gender when calculating their car insurance premium. Car insurance premiums for women are largely dependent on location. Maine has the cheapest average annual full coverage rates for female drivers ($857) and New York has the highest average premiums for women ($3,024). Women can potentially get cheaper car insurance rates by driving safely, comparing quotes and taking advantage of discounts. Car insurance for women
In , male and female vehicle owners are required to carry a minimum amount of car insurance mandated by the state. Women who own or operate vehicles regularly are required, like all other drivers, to have a car insurance policy that meets the state minimum requirements if applicable. In most areas of the country, your gender will be used as a when determining how much you pay for car insurance coverage. Your gender is just one of many rating factors that could be used; other rating factors include your driving history, the type of vehicle you drive, credit score in some states and the coverages you choose. However, six states — California, Hawaii, Massachusetts, Michigan, North Carolina and Pennsylvania — do not allow insurance companies to use gender as a rating factor in auto insurance rates. Male and female drivers in these states might pay close to the same amount for coverage, assuming that all other rating factors are equal. How much do women pay for car insurance
The for women varies based on numerous additional rating factors, such as age (except in Hawaii and Massachusetts), location, vehicle type and coverage options chosen. The average cost of full coverage car insurance in the U.S. for women is $1,764 per year, slightly lower than the overall national average cost for full coverage of $1,771 per year (for males and females). Car insurance rates for women by carrier
In most states, car insurance companies will consider your gender when calculating your personalized premium. This is because statistically, women are less likely than men to . However, every car insurance company charges women different rates for coverage. For example, USAA has much lower average rates for women than Erie or Travelers. In the table below, you can see the average cost of full coverage and minimum coverage car insurance for women from some of the top car insurance carriers: Insurance company Average annual premium for full coverage Average annual premium for minimum coverage $1,198 $358 $1,288 $369 $1,312 $326 $1,332 $484 $1,428 $480 Car insurance rates for women by age
Age is another significant factor that contributes to car insurance rates for female drivers. In general, young drivers pay much higher premiums than older drivers. However, in every age demographic, average rate data shows that women pay lower car insurance premiums than men. The cost difference becomes less significant with age. The table below highlights the average cost of car insurance for women by age, and how it compares to the average premium for men and women: Average annual cost of full coverage car insurance by age
Age Average cost for women Full average cost (men and women) Cost difference $2,059 $2,128 -$69 $1,764 $1,771 -$7 $1,597 $1,605 -$8 Female car insurance rates by state
The average cost of car insurance for women varies based on location. Factors like accident rates, motor vehicle thefts, uninsured drivers and weather-related risks impact car insurance rates in each state. Some states, like Wisconsin and Oregon, have below average rates, while others, like Florida and Louisiana, have much higher average rates. The table below includes the average cost of car insurance for female drivers in all 50 states and Washington D.C.: Average annual cost of car insurance for women by state
State Full coverage Minimum coverage $1,739 $442 $1,777 $425 $1,732 $578 $1,778 $438 * $2,190 $619 $2,000 $499 $1,518 $648 $1,972 $759 $2,774 $1,037 $2,004 $642 * $1,206 $338 $1,050 $272 $1,516 $476 $1,231 $331 $1,242 $229 $1,782 $426 $1,939 $667 $2,847 $804 $857 $226 $1,905 $838 * $1,296 $446 * $2,345 $946 $1,700 $631 $1,683 $448 $1,863 $515 $1,795 $310 $1,521 $371 $2,424 $845 $1,163 $324 $1,900 $884 $1,476 $351 $3,024 $1,373 * $1,392 $431 $1,215 $272 $1,193 $337 $1,894 $410 $1,379 $644 * $2,002 $441 $1,818 $566 $1,448 $522 $1,539 $278 $1,373 $373 $1,859 $551 $1,439 $551 $984 $243 $1,330 $481 $1,935 $615 $1,299 $485 $1,510 $429 $1,233 $365 $1,468 $262 *These states do not allow gender to be used as a rating factor. Cheapest states for women
The national average cost of full coverage car insurance for women is $1,764 per year. Based on the driver profile of a 40-year-old woman, the state with the cheapest car insurance rates for females is Maine, with an average premium of $857 for full coverage. That’s more than $900 cheaper than the national average rate for women. Vermont and Idaho also have very inexpensive average premiums for female drivers. In the table below, you can see which states have the cheapest car insurance for women and how the state average premium differs from the U.S. national average for women: Cheapest states for full coverage car insurance for 40-year-old women
State Average annual cost Difference from the national average for women Maine $857 -$907 Vermont $984 -$780 Idaho $1,050 -$714 New Hampshire $1,163 -$601 Ohio $1,193 -$571 Most expensive states for women
Car insurance rates for women are very expensive in some states. Sample rate data for a 40-year-old female driver shows that New York has the highest average full coverage car insurance premiums for women. The average full coverage insurance rate in New York for women is $3,024 per year, which is a staggering $1,260 higher than the national average rate for women. Louisiana and Florida also have expensive average premiums for female drivers that are more than $1,000 higher than the national average. Although Michigan does not allow gender to be used as a rating factor in car insurance premiums, the state is already the fifth-most expensive state for full coverage car insurance, according to Bankrate’s study of average annual quoted premiums. You can see which states have the most expensive rates for female drivers in the table below: Most expensive states for full coverage car insurance for 40-year-old women
State Average annual cost Difference from the national average for women New York $3,024 +$1,260 Louisiana $2,847 +$1,083 Florida $2,774 +$1,010 Nevada $2,424 +$660 Michigan $2,345 +$581 Do women pay more for car insurance than men
Some data shows that women pay more for car insurance than men, but it depends on how old you are (in most states), where you live and even your marital status in some cases. At some ages and in some states, women pay more than men, but the reverse is also true. For example, in Connecticut, Maryland and Washington, women pay less than men, on average. Men are typically considered to be riskier drivers than women. Statistics show that men tend to accidents and more severe accidents than women. However, although your gender likely impacts your premium (depending on where you live), other rating factors will have a much more significant effect. For example, a woman with a clean driving record is likely to pay less than a man with several accidents, tickets or DUI convictions. Similarly, a woman insuring a car for full coverage will probably pay more than a man insuring a . How to find cheap car insurance for women
Finding cheap car insurance may be a priority for many women. Luckily, there are things you can do that might help control your insurance premium. Safe driving habits: You will likely pay less for auto insurance if you practice safe driving habits. Accidents, tickets and DUI convictions can significantly, so keeping a clean driving record will help you get a lower rate. Compare rates: Each insurance company has its own rating algorithm, which weighs your rating factors differently and results in a different premium. Getting quotes from several insurance companies can help you find the coverage you need at the most competitive price. Ask about discounts: Taking advantage of car insurance discounts could lower your premium. Although each company has different discounts, some common ones include bundling your home and auto insurance, taking part in a and paying your premium in full. Frequently asked questions
What is the best car insurance company for women
Every woman has different car insurance needs, and therefore, there is no single for all female drivers. For example, some women want the lowest rates, some are looking for specific coverages and others want the best customer service. Getting quotes from several companies can be a useful way to find the company that is right for you and has the most competitive rates.
What age does car insurance go down for females
Around age 25, women will typically start to see their car insurance premiums decrease if they have maintained a clean driving record. and young drivers typically cost more to insure due to their lack of experience; car insurance companies view young drivers are more likely to get into an accident than their adult counterparts.
What do I need for a car insurance quote
Requesting multiple quotes from car insurance companies can be time-consuming but crucial to ensuring you’re able to see all your options before making a decision. To make it a little easier, be prepared to share all names, birthdays and driver’s license numbers of the drivers who need to be included on the policy, as well as the year, make, model and vehicle identification number (VIN) of the vehicles you want to insure. If you have an idea of what coverage options and limits you want, this can also speed up the process, but insurance agents can also help tailor a policy to your needs if you’re unsure. Methodology
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should only be used for comparative purposes. Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Hawaii and Massachusetts do not allow age to be used as a rating factor when calculating insurance premiums. Gender: the following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania. SHARE: Elizabeth Rivelli is a contributing insurance writer for Bankrate and has years of experience writing for insurance domains such as The Simple Dollar, Coverage.com and NextAdvisor, among others Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Related Articles