In insurance companies, there is a significant difference between car insurance rates for men and women. Not only the rates differ, but also the age at which women benefit from lower car insurance premiums. At what age does the price of car insurance for men fall? What age does car insurance go down for males?

The two most critical years for men and women are 25 and 65 years old. According to statistics, when a man or woman turns 25, the risk of an accident is much lower. However, when it comes to car insurance for young male drivers, a significant decline begins at the age of 25. Drivers of women and young ladies pay less than men.

For men, they can expect to fall at 20 and accelerate when they reach 25. In addition, there is another slow decline that occurs between 25 and 55 when the rates fall again by around 20%. At this point, however, rates fall and then begin to increase when men and women reach 65 years of age.

What age does car insurance go down for males?

Gender also plays a role

Age is not the only physical factor affecting car insurance rates. Women usually pay less for car insurance than men. This is not a form of discrimination, but recognition of the statistical fact that men are more likely to accelerate and get involved in serious accidents than women, especially at a young age. Men are more likely to commit traffic offenses and also participate in drunk driving. In addition to actual driving behavior, men are more likely to have cars that are considered more risky – for example, sports cars. But despite the higher premiums that men usually pay, this result is not necessarily universal. This is most evident among young drivers between 16 and 24 years old, where male drivers will pay 15 percent or more than women. Premium rates are slightly more expensive for women aged 30 and 40. This may be due to pregnancy and the likelihood of driving with small children and the distractions they form.

How to reduce the impact of age on car insurance rates

Even if you are a young, lonely or new driver, there are ways to lower your car insurance premiums.

Here are some strategies to consider:

  • Take part in driver training – this is especially beneficial if you are a new driver or have a history of road accidents or traffic offenses
  • As a new or teenage driver, ask for student discounts – you usually need to have a good or excellent school result to qualify
  • If you are over 65, ask for discounts for older car insurers
  • Drive carefully – in most offenses and accidents are removed from your registry after three years
  • Think about the car you drive – sports and expensive cars naturally have higher insurance premiums than other vehicles
  • When buying a car, add insurance-friendly safety features such as airbags and anti-lock brakes
  • If you are a teenage driver, you can usually get a lower premium by taking out your parents’ policy instead of having your own separate policy
  • Find an insurer ‘according to actual use’. For example, Metromile will mainly charge you based on miles traveled (age is less important).



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