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Car insurance for 60-year-olds

Updated Jun 01, 2025
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Powered by Coverage.com (NPN: 19966249)

Advertising disclosure
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.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. 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.

How much does car insurance cost for 60-year-olds?

Based on research by Quadrant Information Services, the average cost of car insurance for a 60-year-old individual on their own policy is $2,425 annually for full coverage, while state-mandated minimum coverage averages $750. Both these rates are below the national averages, which are $2,680 for full coverage and $802 for minimum coverage. Note that age cannot be used as a rating factor in two states, Hawaii and Massachusetts, although carriers in Massachusetts may take into consideration the number of years you have had a license.

You may also want to keep in mind that, while important, age is not the only factor that can impact the average cost of car insurance. Car insurance underwriting models typically use more than a dozen rating factors when determining your premium, such as your location, driving history, vehicle type and, in most states, your gender and credit history. Still, average premiums may provide a baseline to help you decide if a quote is competitive while shopping around for affordable coverage.

Car insurance for 60-year-olds by state

Where you live has an impact on your car insurance rates. Each state’s minimum car insurance requirements affect the cost of insurance based on how much coverage you need to drive legally.

Florida, Michigan and New York are among the most expensive places for car insurance, partly because they’re no-fault states. In a no-fault state, each driver pays for their own medical bills regardless of fault. In these states, drivers must buy PIP insurance to account for these laws. No-fault states also have a high level of litigated claims compared to at-fault states, which can drive up the cost of coverage.

Additionally, differences in weather patterns, vehicle crime rates, accident frequency, uninsured motorist rates, population density and more make some states riskier to extend coverage in than others. For instance, Floridians may be more likely to file comprehensive claims because of the state’s propensity for flooding and hurricanes.

Avg. annual full coverage premium
$1,870
Avg. annual minimum coverage premium
$476
Avg. annual full coverage premium
$2,237
Avg. annual minimum coverage premium
$470
Avg. annual full coverage premium
$2,479
Avg. annual minimum coverage premium
$769
Avg. annual full coverage premium
$2,092
Avg. annual minimum coverage premium
$442
Avg. annual full coverage premium
$2,844
Avg. annual minimum coverage premium
$870
Avg. annual full coverage premium
$2,854
Avg. annual minimum coverage premium
$530
Avg. annual full coverage premium
$2,446
Avg. annual minimum coverage premium
$981
Avg. annual full coverage premium
$2,613
Avg. annual minimum coverage premium
$988
Avg. annual full coverage premium
$3,735
Avg. annual minimum coverage premium
$987
Avg. annual full coverage premium
$2,599
Avg. annual minimum coverage premium
$933
Avg. annual full coverage premium
$1,652
Avg. annual minimum coverage premium
$403
Avg. annual full coverage premium
$1,284
Avg. annual minimum coverage premium
$350
Avg. annual full coverage premium
$2,183
Avg. annual minimum coverage premium
$641
Avg. annual full coverage premium
$1,543
Avg. annual minimum coverage premium
$417
Avg. annual full coverage premium
$1,684
Avg. annual minimum coverage premium
$299
Avg. annual full coverage premium
$2,150
Avg. annual minimum coverage premium
$524
Avg. annual full coverage premium
$2,429
Avg. annual minimum coverage premium
$693
Avg. annual full coverage premium
$3,619
Avg. annual minimum coverage premium
$946
Avg. annual full coverage premium
$1,500
Avg. annual minimum coverage premium
$395
Avg. annual full coverage premium
$2,650
Avg. annual minimum coverage premium
$977
Avg. annual full coverage premium
$1,940
Avg. annual minimum coverage premium
$505
Avg. annual full coverage premium
$2,683
Avg. annual minimum coverage premium
$790
Avg. annual full coverage premium
$2,282
Avg. annual minimum coverage premium
$669
Avg. annual full coverage premium
$2,039
Avg. annual minimum coverage premium
$484
Avg. annual full coverage premium
$2,141
Avg. annual minimum coverage premium
$573
Avg. annual full coverage premium
$2,185
Avg. annual minimum coverage premium
$381
Avg. annual full coverage premium
$2,068
Avg. annual minimum coverage premium
$476
Avg. annual full coverage premium
$3,207
Avg. annual minimum coverage premium
$969
Avg. annual full coverage premium
$1,544
Avg. annual minimum coverage premium
$439
Avg. annual full coverage premium
$2,826
Avg. annual minimum coverage premium
$1,247
Avg. annual full coverage premium
$1,945
Avg. annual minimum coverage premium
$419
Avg. annual full coverage premium
$3,778
Avg. annual minimum coverage premium
$1,627
Avg. annual full coverage premium
$1,845
Avg. annual minimum coverage premium
$580
Avg. annual full coverage premium
$1,534
Avg. annual minimum coverage premium
$357
Avg. annual full coverage premium
$1,612
Avg. annual minimum coverage premium
$447
Avg. annual full coverage premium
$2,425
Avg. annual minimum coverage premium
$510
Avg. annual full coverage premium
$1,991
Avg. annual minimum coverage premium
$856
Avg. annual full coverage premium
$2,162
Avg. annual minimum coverage premium
$483
Avg. annual full coverage premium
$2,730
Avg. annual minimum coverage premium
$851
Avg. annual full coverage premium
$1,752
Avg. annual minimum coverage premium
$585
Avg. annual full coverage premium
$1,951
Avg. annual minimum coverage premium
$334
Avg. annual full coverage premium
$1,750
Avg. annual minimum coverage premium
$476
Avg. annual full coverage premium
$2,349
Avg. annual minimum coverage premium
$680
Avg. annual full coverage premium
$1,883
Avg. annual minimum coverage premium
$743
Avg. annual full coverage premium
$1,302
Avg. annual minimum coverage premium
$293
Avg. annual full coverage premium
$1,895
Avg. annual minimum coverage premium
$693
Avg. annual full coverage premium
$1,695
Avg. annual minimum coverage premium
$532
Avg. annual full coverage premium
$1,917
Avg. annual minimum coverage premium
$514
Avg. annual full coverage premium
$1,694
Avg. annual minimum coverage premium
$422
Avg. annual full coverage premium
$1,590
Avg. annual minimum coverage premium
$246
Avg. annual full coverage premium
$2,568
Avg. annual minimum coverage premium
$821
Avg. annual full coverage premium
$1,652
Avg. annual minimum coverage premium
$403
Avg. annual full coverage premium
$1,284
Avg. annual minimum coverage premium
$350
Avg. annual full coverage premium
$2,183
Avg. annual minimum coverage premium
$641
Avg. annual full coverage premium
$1,543
Avg. annual minimum coverage premium
$417
Avg. annual full coverage premium
$1,684
Avg. annual minimum coverage premium
$299
Avg. annual full coverage premium
$2,150
Avg. annual minimum coverage premium
$524
Avg. annual full coverage premium
$2,429
Avg. annual minimum coverage premium
$693
Avg. annual full coverage premium
$3,619
Avg. annual minimum coverage premium
$946
Avg. annual full coverage premium
$1,500
Avg. annual minimum coverage premium
$395
Avg. annual full coverage premium
$2,650
Avg. annual minimum coverage premium
$977
Avg. annual full coverage premium
$1,940
Avg. annual minimum coverage premium
$505
Avg. annual full coverage premium
$2,683
Avg. annual minimum coverage premium
$790
Avg. annual full coverage premium
$2,282
Avg. annual minimum coverage premium
$669
Avg. annual full coverage premium
$2,039
Avg. annual minimum coverage premium
$484
Avg. annual full coverage premium
$2,141
Avg. annual minimum coverage premium
$573
Avg. annual full coverage premium
$2,185
Avg. annual minimum coverage premium
$381
Avg. annual full coverage premium
$2,068
Avg. annual minimum coverage premium
$476
Avg. annual full coverage premium
$3,207
Avg. annual minimum coverage premium
$969
Avg. annual full coverage premium
$1,544
Avg. annual minimum coverage premium
$439
Avg. annual full coverage premium
$2,826
Avg. annual minimum coverage premium
$1,247
Avg. annual full coverage premium
$1,945
Avg. annual minimum coverage premium
$419
Avg. annual full coverage premium
$3,778
Avg. annual minimum coverage premium
$1,627
Avg. annual full coverage premium
$1,845
Avg. annual minimum coverage premium
$580
Avg. annual full coverage premium
$1,534
Avg. annual minimum coverage premium
$357
Avg. annual full coverage premium
$1,612
Avg. annual minimum coverage premium
$447
Avg. annual full coverage premium
$2,425
Avg. annual minimum coverage premium
$510
Avg. annual full coverage premium
$1,991
Avg. annual minimum coverage premium
$856
Avg. annual full coverage premium
$2,162
Avg. annual minimum coverage premium
$483
Avg. annual full coverage premium
$2,730
Avg. annual minimum coverage premium
$851
Avg. annual full coverage premium
$1,752
Avg. annual minimum coverage premium
$585
Avg. annual full coverage premium
$1,951
Avg. annual minimum coverage premium
$334
Avg. annual full coverage premium
$1,750
Avg. annual minimum coverage premium
$476
Avg. annual full coverage premium
$2,349
Avg. annual minimum coverage premium
$680
Avg. annual full coverage premium
$1,883
Avg. annual minimum coverage premium
$743
Avg. annual full coverage premium
$1,302
Avg. annual minimum coverage premium
$293
Avg. annual full coverage premium
$1,895
Avg. annual minimum coverage premium
$693
Avg. annual full coverage premium
$1,695
Avg. annual minimum coverage premium
$532
Avg. annual full coverage premium
$1,917
Avg. annual minimum coverage premium
$514
Avg. annual full coverage premium
$1,694
Avg. annual minimum coverage premium
$422
Avg. annual full coverage premium
$1,590
Avg. annual minimum coverage premium
$246
Avg. annual full coverage premium
$2,568
Avg. annual minimum coverage premium
$821
Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Car insurance rates for 60-year-olds by gender

Car insurance at age 60 for female drivers is generally lower than insurance for male drivers of the same age. Female drivers typically practice safer driving habits and tend to get into fewer accidents than males. In 2022, males aged 60 to 64 had an accident fatality rate of 10 per 100,000 people. This is quite a bit higher than the fatality rate for 60- to 64-year-old women (4.5 per 100,000 people). But the difference between genders usually narrows as drivers age further, and so do fatality rates.

However, not all states consider gender when determining your insurance premium. In California, Hawaii, Massachusetts, Michigan, North Carolina and Pennsylvania, carriers are not allowed to consider your gender when calculating your insurance premium.

60-year-old female
Full coverage
$2,410
Minimum coverage
$750
60-year-old male
Full coverage
$2,440
Minimum coverage
$750

What is the cheapest auto insurance for seniors?

When looking for the best cheap insurance companies for 60-year-old drivers, Bankrate's insurance editorial team looked beyond average rates. We chose providers based on diverse factors, including financial strength, customer satisfaction, digital tools, coverage options and advertised discounts.

Based on our findings, some insurance carriers provide better rates to older, experienced drivers. Our research shows that the carriers below offer some of the cheapest car insurance for 60-year-olds.

$472
$472
$1,721
$1,721
$568
$568
$2,063
$2,063
$572
$572
$1,890
$1,890
$671
$671
$2,019
$2,019
$677
$677
$1,990
$1,990

Although Auto-Owners is only available in 26 states, the company’s average minimum and full coverage rates for drivers in their 60s are among the cheapest of all the carriers we analyzed. The carrier’s Personal Automobile Plus package may help take the guesswork out of car insurance by bundling 10 of the most popular options into a package, such as vehicle re-keying, identity theft protection and smartphone insurance. In addition, bundling car insurance with an Auto-Owners home insurance policy may reduce your premiums on both.

Geico has the most advertised discounts of all the insurance carriers on this list. If you’re a good driver with an accident-free driving record and no claims in the last five years, Geico could discount your premiums by up to 22 percent. In addition, eligible drivers over 50 are automatically signed up for Geico’s Prime Time contract. This unique feature may guarantee car insurance renewal as long as you remain with Geico (and meet other requirements, such as not listing any drivers on your policy under the age of 25).

In addition to low average rates, drivers eligible for USAA car insurance may enjoy unique military-focused benefits that may not be found with other carriers. This carrier's main drawback is USAA car insurance is only available to former and current military personnel and qualifying family members. However, eligible drivers may want to explore the company’s many discount opportunities and membership perks, such as potential price breaks on travel, car repairs and more.

Travelers offers car insurance in 42 states and Washington, D.C, and if it is available in your region, there are some good reasons why you may want to ask for a quote. The company has robust coverage options, allowing you to customize a policy to fit your specific needs and wishes. For example, the company has an accident and minor violation forgiveness option available in most states if you sign up for its Responsible Driver Plan. A Premier Responsible Driver Plan includes even more: a decreasing deductible for every six months that you are accident-free and a deductible waiver if your car is totaled in an accident.

Erie is one of our picks for the cheapest car insurance for 60-year-olds looking for full coverage. The regional company is only available in 12 states and Washington, D.C., but it offers extras you may not find elsewhere. These include roadside assistance and locksmith service coverage. Erie earns strong customer satisfaction scores from J.D. Power in regions where it writes policies, so it may be a good choice for shoppers who value service. However, Erie does not have robust digital tools, so it may not be the best choice for tech-savvy shoppers.

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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.

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. 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.

How 60-year-old drivers can save on car insurance

When approaching retirement age, budgeting can be essential for maintaining your quality of life. With that in mind, we’ve compiled a list of strategies that may help you save money on car insurance and take some of the pressure off your budget.

  • Bundle insurance policies: At 60, you might have multiple types of coverage, such as home and auto insurance. Consolidating them under one provider could yield multi-policy discounts that simplify insurance management and lower overall costs.
  • Maintain a clean driving record: As an experienced driver, staying ticket and accident-free could make you eligible for safe driving discounts and help keep your rates low.
  • Review vehicle usage: With potential changes in driving habits, like reduced commuting or leisure travel, consider adjusting your policy for lower mileage. This can qualify you for low-mileage discounts or pay-per-mile policies, both of which cater to drivers logging fewer miles.
  • Apply all eligible discounts: Almost every insurer offers at least a few discounts, and they can be easy to earn. Older drivers may find a discount available, for example, if they take a defensive driving course. Others offer discounts if you belong to a particular professional organization or alumni group.
  • Choose your vehicle carefully: If you're in the market for a new vehicle, comparing sample quotes for the models you're considering could help you find one with low coverage costs. Safety features might earn you additional discounts.
  • Monitor your credit: Maintaining good credit becomes beneficial for reducing insurance costs at any age. If you've spent decades building creditworthiness, continue managing it carefully to retain or enhance lower insurance premiums.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze June 2025 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 for our base profile are based on the following characteristics and full coverage limits with bundling and paperless billing discounts applied:

  • $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 2023 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 age 60 (base: 40 years) applied. Drivers are homeowners. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.

Written by
Ashlyn Brooks
Writer II, Insurance
Ashlyn Brooks is a finance writer with more than half a decade of experience, known for her knowledge in areas such as taxes, insurance, investing, retirement, finance news, and banking products.
Edited by Editor, Insurance
Reviewed by Director of corporate communications, Insurance Information Institute