Affordable Auto Insurance Quotes for Women (2023)

Car insurance companies view gender as a means to forecast and price for risk, even if it’s not a significant rating factor. We’ll examine the ins and outs of getting car insurance as a woman, including affordable auto insurance for women and coverage options.

Where can women get affordable auto insurance?

State Farm regularly provides quotes for women’s auto insurance that’s roughly 30% less expensive than the average across all age groups. According to sample auto insurance quotes gathered from four of the biggest auto insurance companies, women are most likely to receive the best prices with this insurer. Learn more in our State Farm auto insurance review.

Best Auto Insurance Value for Women Who Are New Drivers

State Farm charges 28% less than the average premium for a typical 17-year-old driver, or $3,347 per year. Although that still comes with a large price tag, it gives consumers $1,271 back annually.

Teen girl drivers pay more for auto insurance than adult women because they’re less experienced on the road and drive with less assurance. Average auto insurance rates for teenagers were 239% and 152% more expensive than those for 32-year-old and 65-year-old woman drivers, respectively. 

The easiest approach for newly licensed adolescent girl drivers to get affordable auto insurance is to continue driving under their parents’ coverage. According to ValuePenguin, adding a teenage driver to an insurance policy is half as expensive as having them purchase their own coverage. Learn how to get auto insurance for first-time drivers.

By maintaining good grades or belonging to numerous organizations or affinity groups, young women drivers might also qualify for insurance savings. You might be able to finish a defensive driving course and receive a discount if you’re a young driver who was in an at-fault accident or got a speeding ticket. Find out if a speeding warning affects your auto insurance.

Cheapest Auto Insurance for Young Women Who Drive Under 25

State Farm once again offered the best rates for young women drivers shopping for auto insurance. The price from State Farm for our young woman driver was only $1,457, a 33% decrease from the average premium for a 24-year-old woman of $2,159 annually.

Young women drivers typically have an easier time finding affordable auto insurance than young male drivers do, but this is different for women over 30.

Auto Insurance for Women Over 50

Compared to other ages, women over 50 pay slightly less for auto insurance than males over 50, but the difference is far less noticeable. Only Progressive charged rates significantly higher for male drivers than women among the four companies in our analysis. Regardless of gender, 65-year-old drivers received the same prices from State Farm and Allstate, but Geico only charged our sample male driver $3 extra per year. Learn more in our Progressive auto insurance review.

If you’re a woman over 50, State Farm is a good place to start your search for low-cost insurance. The typical annual premium is $1,049 per year. That is 23% less expensive than the $1,364 average cost for women drivers of this age.

Best Car Insurance for Unmarried Women

Your marital status also affects your auto insurance costs — regardless of gender, married drivers often pay a little less than single drivers. Adding your spouse to an auto insurance policy can help you save on auto insurance. The exception to this is State Farm. They not only charged the same rate for married and single women drivers but also had the lowest rates overall.

So start your search with State Farm if you’re a single woman seeking the cheapest car insurance.

Compare over 200 auto insurance companies at once!

 Secured with SHA-256 Encryption

Who pays more for auto insurance: men or women?

Typically, men pay more for auto insurance than women. According to a survey, men pay 5% more for auto insurance than women across all age categories. Men paid an average yearly rate of $2,617, while women paid an average annual rate of $2,493. Learn how age affects auto insurance.

However, age has a significant impact on the disparity in auto insurance prices between men and women. Women typically pay less for car insurance than men do but men aged 17 pay 7% more than women do, or $328 more a year.

When drivers are 24 years old, the gap narrows to 5% ($119 more for men), and by the time they are 32, it is barely noticeable — just 1% or $15 more per year. It’s interesting to note that as drivers approach their mid-60s, the rate disparity increases.

Why do women have cheaper car insurance rates than men?

Due to a statistical association that insurers have discovered between a driver’s gender and the cost and frequency of car insurance claims, women’s car insurance is typically less expensive than men’s.

Simply said, men tend to drive more than women. Because of this, they are more likely to get in an accident overall, which raises the cost of their auto insurance.

Men are also more likely to engage in risky driving behaviors including speeding and drunk driving. Young male teenagers are twice as likely to be killed in a car accident than inexperienced women teenagers, which is particularly true for young drivers. Young women also get in car accidents less frequently than young men for these and other reasons, and they pay less for auto insurance to reflect this decreased risk. Find out how DUIs affect your auto insurance.

Other Factors Affecting Your Auto Insurance Rates

While your gender unquestionably affects your auto insurance costs, it is not the main element insurance companies use to calculate your auto insurance rates. In addition, insurers take into account the following:

• Car make and model
• Age
• Driving record
• Marital status
• Credit score

Your driving history typically has the most effect on your rates of all of these variables. For example, even among 17-year-old drivers with the greatest gender rate disparity, an at-fault collision will have a much greater impact on rates than gender.

If you get into an at-fault accident, you should start getting quotes from auto insurance companies. Some insurers are cheaper than others with an at-fault accident, so you could find cheaper rates elsewhere.

Why do some companies use gender to determine auto insurance rates?

Gender, like many other characteristics, might indicate to an insurance company what kind of driver and customer you might be. For example, male drivers under 25 who drive for young clients must pay much higher auto insurance premiums than young women drivers.

Young male drivers are more likely to be in an accident or commit a traffic infraction, according to an insurance company. As a result, they cost extra to insure. Women pay a little more for auto insurance as they age.

States are beginning to phase out this practice. The only states that don’t take gender into account when calculating ratings are Hawaii, Massachusetts, Pennsylvania, North Carolina, California, and Montana. States where women and men pay the same for auto insurance

Some states have made it illegal for insurance firms to base prices on a person’s gender to increase equity in rate-setting. These consist of:

• California
• Pennsylvania
• Massachusetts
• Michigan
• Montana
• North Carolina
• Hawaii

Additionally, non-binary gender alternatives are recognized in California, Washington, D.C., and Oregon. Currently, women pay less in 21 states and more in 25 states. Find out if women are bad drivers.

Auto Insurance Discounts for Women Who Drive

Women can’t receive exclusive auto insurance discounts from car insurance companies, but they can still lower their auto insurance costs in typical ways. Some of the best strategies for women to get discounts on vehicle insurance are as follows:

• Research: Comparing quotes from various insurers is the most effective strategy for women to obtain the lowest vehicle insurance premiums. For instance, we discovered that a 32-year-old woman in Indiana would save $67 per month if she switched from Progressive to State Farm. If she didn’t shop around, the lady would likely spend an additional $803 per year.
• Group affiliation discounts: Customers can also save money with some insurers if they’re affiliated with certain organizations or professional groups. Sometimes it’s based on a perk a group, like an employer or union, has specifically negotiated with the company. Ask your insurance company what group or professional discounts you might be eligible for.
• Drive carefully: One of the main variables insurers consider when determining premiums is your driving history. In addition to preventing rate increases from insurers, careful driving frequently qualifies you for significant reductions through telematics programs. For instance, women drivers can save up to 50% off their rates using State Farm’s Drive Safe and Save app.

The best auto insurance discounts that most auto insurance companies offer include the following:

• Multi-policy/bundled plans: This discount applies when you have two different kinds of insurance policies with the same insurer. Home/auto or renter/auto plans are the typical bundled plans. Usually, the discounts apply to both of your plans.
• Defensive driving discount: To qualify for this discount, you must complete a defensive driving course and  provide your insurance company with documentation of completion. A safer driver gives you a cheaper client because they’re less likely to file a claim, which is the simple reasoning behind this discount. However, confirm that your organization accepts this discount before enrolling in the course.
• Equipment discount: Your insurance company typically offers you a discount if your car has anti-theft components or if you use services like LoJack. The discount might still assist with paying premiums even if it is typically smaller than a multi-policy or defensive driver discount. Find out if you can get an auto insurance discount for having backup cameras.
• Good driver discount: If you have a clean driving record without any tickets or accidents, you are eligible for this discount. Often, you get a higher-value reduction on your policy when your insurer obtains a motor vehicle report at the beginning of your policy. Contact your insurance company to see if they have a discount for safe drivers.
• Military discount: Many businesses provide discounts to current or former service members and their families. To find out if this discount is available, check with your firm, as the amount and requirements vary by business.
• Multi-car discount: Similar to a multi-policy discount, this term describes having multiple vehicles insured by the same insurance provider. The discount is typically added automatically at the start of the policy or when you add a second car to the policy.
• Preferred payment discount: Depending on how you pay for your insurance, you could receive a preferred payment discount. For instance, you could get a discount if you pay for your entire policy upfront or set up automatic payments from a bank account. It could be worth the savings if you can afford the out-of-pocket cost.
• Good student discount: Ask your insurance company about an auto insurance discount for students with good grades if you or your children have grades that are normally over a 3.0 GPA. Every six to 12 months, they typically request a transcript for verification. Find out which insurance companies have the best good grades discount.

Women looking to save on their car insurance should keep an eye out for the above discounts and ask any insurance company you’re considering if you qualify for any.

Compare over 200 auto insurance companies at once!

 Secured with SHA-256 Encryption

Additional Ways for Women to Save on Car Insurance

Here are some other things you can do to make your auto insurance more affordable:

Switch Your Coverage

You don’t need comprehensive and collision coverage if your car is under $4,000 in value. In most cases, the premium you pay for this coverage is not worth the reimbursement you would get if your vehicle were declared a total loss. However, you may find out how much your vehicle is worth by utilizing online resources like NADA and Kelley Blue Book.

Increase your auto insurance deductible if your car is worth more than $4,000 in value. You can reduce your premium by increasing your deductible. 

Only Use Coverage When Needed

If you utilize your coverage, most companies will add a surcharge to your policy. The surcharge may stay on your premium for three to five years, though this can change. 

If you’re confused about whether to submit a claim or not, review our State of Insurance analysis to find out how much an at-fault accident will increase rates in your state. Think about your deductible and the premium rise over the next three years, as you would have to pay it in the event of a claim.

For instance, if your premium climbed by $309 in the first six months, a three-year surcharge would cost $1,851 in total. If you have a $500 deductible, the total claim expense would be $2,351.

In other words, if you wanted to file a claim, the damage had to be worth more than $2,351. Get an estimate from a nearby mechanic to assess the cost of the damage. Find out how much coverage you need.

Look at Multiple Companies and Compare

The greatest strategy for a woman to locate the cheapest auto insurance company is to search. Enter your ZIP code below to see rates from regional and national businesses that fit your driving profile.

The Bottom Line on Auto Insurance for Women

Depending on the state and other considerations, women may or may not pay more or less for auto insurance than men. The insurer you select has a greater influence on your insurance premiums than your gender, though. Therefore, if you want to discover cheap auto insurance for women’s cars, do your research.

Compare over 200 auto insurance companies at once!

 Secured with SHA-256 Encryption