How Much More Do Women Pay for Car Insurance?
Auto & Home
Women can pay up to 7.6% more than men, depending on their age and location.1
A recent study revealed that women pay more than men for auto insurance in 37 states. Nationally, the difference averages just $32, however the gap is considerably more in certain states. For example, women in Florida pay about $200 more each year than men.2
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Auto insurance rates are also largely dependent on age. Female teen drivers pay significantly less than male teens in 45 states, but the cost differential typically evens out by age 25, when women generally see a hike in their rates.3
Some states are taking steps to eliminate gender as a rate factor, but it’s important to know the factors beyond gender and age that can affect your car insurance rates. These include your location, driving history, marital status, the car you drive, and even your credit history. Insurers weigh these factors differently with some placing greater value on things like your driving record than your gender, so it’s important to focus on factors you can control:
- Safe driving. Avoid speeding and reckless driving that can result in accidents, moving violations, and insurance claims.
- Your car. Research auto insurance rates before you purchase a car. The make and model as well as the number of miles you drive can impact your rates.
- Your credit history. Insurers may use information from your credit report to create an auto insurance score, so avoid negative credit behaviors and check your credit report for errors to ensure you’ll receive a fair evaluation.
When shopping for auto insurance, be sure to compare multiple quotes from several companies. You can also save by taking advantage of group discounts and bundling your auto insurance with a home or renters policy. Start by exploring auto insurance rates through our program. In many states, you’ll find lower auto insurance premiums than are otherwise available. Click here to see how much you could save.
1,2 “Women Pay More for Auto Insurance Than Men in 37 States,” Lending Tree Gender Rates Study, LendingTree.com, April 2024. Findings based on average car insurance premiums for minimum- and full-coverage policies for 35-year-old male and female drivers with clean records.
3 “Car Insurance Costs for Men vs. Women,” QuoteWizard.com, February 2024.
