Car Insurance for Men

Car insurance for men

On average, men pay less for car insurance than do women — by 0.4%. The key distinction: young male drivers pay more than do their female counterparts.

Below we detail the reasons behind gender-specific insurance pricing discrepancies and ways men can save money on auto insurance.

 

Table of contents

1. Why do car insurance premiums vary by gender?
2. Cheap car insurance rates for men

 

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Why do car insurance rates depend on gender?

Car insurance pricing comes down to determining risk by assessing a variety of rating factors. Some factors — like driving record and credit score — influence auto insurance rates substantially. Others, such as gender, lead only to meaningful differences in insurance rates for young drivers.

AVERAGE CAR INSURANCE RATES: 16-TO-19-YEAR-OLDS

Driver Gender	Average Monthly Insurance Rate
Men	$409
Women	$353
Difference	$56

 

The typical gap in insurance rates paid by a young male driver and a young female driver adds up to nearly $700 per year. Car insurance companies see young male drivers as more likely to exhibit riskier driving habits behind the wheel, increasing their rates accordingly.

As drivers get older, the price discrepancy between car insurance for men and women shrinks. Between the ages of 20 and 24, male drivers pay approximately 10% more than their female counterparts.

AVERAGE CAR INSURANCE PREMIUMS: 20-TO-24-YEAR-OLDS

Driver Gender	Average Monthly Premium
Men	$191
Women	$174
Difference	$17

While men over the age of 30 enjoy relatively affordable car insurance rates, male drivers in their 20s or younger are still considered relatively risky by insurance companies.

 

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How to find cheap car insurance for men

As a whole, men do pay less for car insurance on average, but the difference is small. The best way to find cheap auto insurance for men is to compare quotes from as many companies as possible. Using a sample driver profile (methodology), The Zebra has done some of the legwork for you.

Cheap car insurance for male drivers — by company

Below are estimated auto insurance premiums for a 30-year-old man driving a six-year-old vehicle with standard full coverage and a six-month premium. For this user profile, the cheapest company was Erie, with Nationwide close behind.

AVERAGE AUTO INSURANCE RATES BY COMPANY — MALE DRIVERS

Car Insurance Company	Average Monthly Rate
Allstate	$122
American Family	$118
Auto-Owners	$114
GEICO	$113
Erie (cheapest option)	$89
Farmers	$130
Nationwide	$90
Progressive	$136
State Farm	$100
USAA	$124

 

Consider this information as a starting point, and use it to begin — but not end — your search for insurance. Every company will assess your individual rating factors differently.

 

 

Methodology

The Zebra conducted comprehensive auto insurance pricing analysis using its proprietary quote engine, comprising data from insurance rating platforms and public rate filings. The Zebra examined nearly 53 million rates to explore trends for specific auto insurance rating factors across U.S. ZIP codes, averaged by state, including Washington, D.C.

The analysis used a consistent base profile for the insured driver: a 30-year-old single male driving a 2013 Honda Accord EX with a good driving history and coverage limits of $50,000 bodily injury liability per person/$100,000 bodily injury liability per accident/$50,000 property damage liability per accident with a $500 deductible for comprehensive and collision. For coverage level data, optional coverage (that must be rejected in writing) is included where applicable, including uninsured motorist coverage and personal injury protection.

National property and casualty losses information is from the Insurance Information Institute and the NOAA National Centers for Environmental Information U.S. Billion-Dollar Weather and Climate Disasters report.

Some rate data may vary slightly throughout the report based on rounding.