When it comes to car insurance for 70-year-old drivers, the cost can vary depending on the coverage levels chosen. On average, car insurance for 70-year-old drivers can cost around $529 per year or $44 per month for state minimum liability only coverage. Opting for 50/100/50 liability coverage can increase the average cost to $659 per year or $55 per month. For more comprehensive coverage with 100/300/100 liability and a $500 deductible for comprehensive and collision, the average cost jumps to $1,616 per year or $135 per month.

Coverage level Average annual premium Average monthly premium
State Minimum Liability Only $529 $44
50/100/50 Liability Only $659 $55
100/300/100 Liability with $500 Comp/Coll Deductible $1,616 $135

Average car Insurance rates for 70-year-old male and female: Decoding gender impact

Gender can also play a role in determining car insurance rates for 70-year-old drivers. On average, 70-year-old females can expect to pay around $1,572 per year for car insurance, while their male counterparts may face slightly higher rates at $1,616 per year.

Gender Average annual premium Average monthly premium
Female $1,572 $131
Male $1,616 $135

How average car insurance rates for 70-year-old vary by State

Car insurance rates for 70-year-old drivers can vary significantly depending on the state they reside in. For example, in Alaska, the average cost for car insurance for a 70-year-old is $1,370 per year, while in Alabama it is $1,469 . In other states like Florida and Louisiana, the average cost can skyrocket to $2,632 and $2,587 per year, respectively. On the other end of the spectrum, Ohio offers the lowest average cost at $1,013 per year.

State Average annual premium Average monthly premium
Texas $1,867 $156

Low-cost car insurance for 70-year-old: Drive without breaking the bank

Finding affordable car insurance for 70-year-old drivers is possible. Some companies offer lower average annual costs, such as American National Finance at $897 , Safety Insurance at $1,044 , and Mapfre Insurance at $1,067 .

Comparing rates from multiple insurers is one of the easiest ways to find which insurer offers the lowest cost for 70-year-old driver and provides all the required coverage.

Company group Average annual premium Average monthly premium
American National Finance $897 $75
North Carolina Farm Bureau $1,230 $103
Safety Insurance $1,044 $87
Nationwide $1,164 $97
USAA $1,200 $100
Geico $1,275 $106
New Jersey Manufacturers $1,142 $95
Palisades $1,383 $115
Erie Insurance $1,338 $111
American Family $1,385 $115
Vermont Mutual $1,172 $98
Auto-Owners $1,410 $117
State Farm $1,340 $112
Amica Mutual $1,810 $151
Travelers $1,512 $126
Arbella Insurance $1,398 $116
Island Insurance $1,668 $139
Frankenmuth Insurance $1,281 $107
Southern Farm Bureau $1,696 $141
Western National Mutual $1,502 $125
Progressive $1,726 $144
Mapfre Insurance $1,067 $89
Shelter Insurance $1,688 $141
Farmers $2,090 $174
Allstate $2,018 $168
Country Financial $1,878 $157
Auto Club Enterprises (AAA) $1,972 $164
Westfield Insurance $1,773 $148
Iowa Farm Bureau $2,208 $184
Kentucky Farm Bureau $1,980 $165
The Hartford $2,068 $172
National General Insurance $2,507 $209
Mercury Insurance $2,489 $207
CSAA Insurance (AAA) $2,449 $204
Automobile Club MI (AAA) $2,435 $203
Kemper Insurance $2,486 $207
Oklahoma Farm Bureau $2,254 $188
Chubb Ltd $2,277 $190
Safeway Insurance $2,549 $212
The Hanover $4,322 $360
Sentry Insurance $4,491 $374


Car insurance costs for 70-year-old drivers can vary based on coverage levels, gender, state of residence, and choice of the insurance company. Opting for higher coverage increases the average cost, while gender differences can also impact insurance rates. The average cost varies significantly by state, with some states having substantially higher premiums than others. However, affordable options exist, and it is possible to find lower-cost insurance for 70-year-old drivers by comparing rates from different insurers.


CompuQuote commissioned 2022 data for Average car insurance rates for 70-year-old drivers from Quadrant Information Services for all 50 states and Washington, D.C. Rates are based on the following profile:

  • 70-year-old driver
  • Honda Accord LX
  • 12-mile daily commute, 10,000 annual miles
  • Good credit
  • Clean record

Rates are based on coverage limits of:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

CompuQuotes analyzed rates from more than 34,000 ZIP codes, 56 million quotes, and 136 companies. Rates sourced from Quadrant Information Services are for comparison purposes only; your rates may differ.

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