How Much Is Car Insurance For A 31-Year-Old? 2025 Rates
On average, a 31-year-old should expect to pay between $600-$1,200 per year for minimum coverage and $1,800 annually for full coverage.
We’ve saved shoppers an average of $600 per year on their car insurance.
As a former licensed property and casualty insurance agent, I’ve helped many individuals navigate the complex world of auto insurance, and I can help you, too.
In this article, we’ll delve into the average prices of car insurance for a 31-year-old driver, and break down the multiple factors that can impact the costs, as well as providing insights on how you may be able to lower them.
Key Takeaways
The most important factor in buying auto insurance is comparing quotes.
There are various ways for a 31-year-old to reduce auto insurance premiums.
31-year-olds can purchase minimum coverage for about $600-$1200 per year.
How Much Is Car Insurance For A 31-Year-Old?
The cost of car insurance for a 31-year-old driver can differ based on factors such as
- Gender
- Driving history
- Level of coverage
- Type of coverage
- The state they live in
- Type of vehicle
A 31 year old could pay anywhere from $600 a year for minimum coverage, or up to $1,800 a year for full coverage. It’s important to know the cost of auto insurance for a 31 year-old because it might affect your budget.
It’s also very important to understand that insurance rates are not all the same, and that they’re based on many factors as shown above.
The main difference between minimum coverage and full coverage car insurance costs shows how crucial it is for you to grasp what it is you’ll be buying. Minimum coverage may sound good because of its low cost, but keep in mind that minimum coverage could leave you vulnerable in certain situations that could arise.
Full coverage insurance provides full protection, which includes collision as well as comprehensive coverage to protect you against theft, vandalism, and damage from natural disasters.
If cost is a consideration for you as it is for most of us, I have good news: There are ways to lower costs. For instance, if you maintain a clean driving record and leverage the discounts available from insurance providers, you may lower your rates significantly.
Shopping around and comparing rates from multiple car insurance companies can help you track down the best premiums.
Average Cost Of Car Insurance For A 31-Year-Old – By Gender
Understanding the cost of car insurance is a critical step for anyone looking to buy it, especially those who may be faced with higher than average premiums.Several factors influence these costs. One key determinant of cost is gender.
Car insurance rates, on average, are higher priced for males than for females because of the perceived risk factors associated with the genders.
Let’s take a look at the average annual costs of auto insurance for 31 year old male and female drivers.
| Coverage Type | Average Annual Cost for Male | Average Annual Cost for Female |
| Full | $1,200 – $2,000 | $1,200 – $1,900 |
| Minimum | $600 – $1,200 | $600 – $1,100 |
Here are some vehicle crash fatality stats by sex and age from 1996 to 2006:
- Motor vehicle crash fatalities were higher for males than females in every age group, while the male population is equal to or even less than the female population in all age groups.
- Compared to all age groups and both genders, fatality rates only rose among males in the age groups 41 to 45, 46 to 50, and 51 to 55.
- Among both sexes, the age group under 16 declined not just in fatalities but also in fatality rate, while the 51-to-55 age group had the highest rise in fatalities.
- The over 65 age bracket, among females, had the highest number of fatalities, followed by the 16-20 age group.
- Among males, the age groups 16-20, 21-25, and over 65 had more crash fatalities than any other age group.
- The 46-to-50 age group had the greatest increase in fatality rate from 1996 to 2006..
Average Cost Of Car Insurance For A 31-Year-Old – By State
Car insurance rates can vary widely, especially when it comes to 31 year-olds.Things like the state you live in can affect your premiums to a large degree.
According to deep research from numerous sources, I’ve made up a comprehensive comparison chart showing the average car insurance rates for a 31 year-old by state.
| State | Average Annual Full Coverage Premium |
| Alabama | $1,500 – $1,800 |
| Alaska | $1,300 – $1,600 |
| Arizona | $1,400 – $1,700 |
| Arkansas | $1,600 – $1,900 |
| California | $1,800 – $2,200 |
| Colorado | $1,700 – $2,000 |
| Connecticut | $1,700 – $2,100 |
| Delaware | $1,900 – $2,300 |
| Florida | $2,300 – $2,800 |
| Georgia | $1,700 – $2,100 |
| Hawaii | $1,200 – $1,500 |
| Idaho | $1,100 – $1,400 |
| Illinois | $1,400 – $1,800 |
| Indiana | $1,200 – $1,500 |
| Iowa | $1,100 – $1,400 |
| Kansas | $1,400 – $1,700 |
| Kentucky | $1,800 – $2,200 |
| Louisiana | $2,500 – $3,000 |
| Maine | $1,000 – $1,300 |
| Maryland | $1,700 – $2,100 |
| Massachusetts | $1,600 – $2,000 |
| Michigan | $2,500 – $3,200 |
| Minnesota | $1,400 – $1,700 |
| Mississippi | $1,600 – $1,900 |
| Missouri | $1,400 – $1,800 |
| Montana | $1,500 – $1,800 |
| Nebraska | $1,300 – $1,600 |
| Nevada | $1,900 – $2,300 |
| New Hampshire | $1,200 – $1,500 |
| New Jersey | $1,900 – $2,400 |
| New Mexico | $1,400 – $1,700 |
| New York | $2,000 – $2,500 |
| North Carolina | $1,200 – $1,500 |
| North Dakota | $1,200 – $1,500 |
| Ohio | $1,100 – $1,400 |
| Oklahoma | $1,600 – $1,900 |
| Oregon | $1,300 – $1,600 |
| Pennsylvania | $1,600 – $2,000 |
| Rhode Island | $1,900 – $2,400 |
| South Carolina | $1,600 – $2,000 |
| South Dakota | $1,300 – $1,600 |
| Tennessee | $1,400 – $1,700 |
| Texas | $1,700 – $2,100 |
| Utah | $1,400 – $1,700 |
| Vermont | $1,100 – $1,400 |
| Virginia | $1,300 – $1,600 |
| Washington | $1,500 – $1,800 |
| Washington, D.C. | $1,700 – $2,300 |
| West Virginia | $1,500 – $1,900 |
| Wisconsin | $1,300 – $1,600 |
| Wyoming | $1,400 – $1,700 |
Please note that these figures are all average costs, and that rates may vary based on various factors.
Average Cost Of Car Insurance For A 31-Year-Old – By Credit Score
While exact rates by credit score aren’t typically published by auto insurance companies, it’s generally known that credit scores do affect premiums. A lower credit score may mean higher rates. By the same token, a high credit score may mean lower car insurance rates. Car insurance rates may increase by as much as 76% based on credit scores, according to Forbes.
As shown in the table below, credit scores can impact auto insurance rates. For example, a 31 year old person with a top tier credit score of above 750 has an average annual premium of $1,200-$1,500. A person of the same age with very poor credit, a score of below 649, pays between $2,600-$3,500 a year.
| Credit Tier | Avg. Annual Premium for 35-Year-Olds |
| Excellent (750 +) | $1,200-$1,500 |
| Good (700-749) | $1,400-$1,800 |
| Fair (650-699) | $1,600-$2,000 |
| Poor (649 and below) | $2,000-$2,600 |
| Very Poor | $2,600-$3,500 |
Auto insurance companies will almost always check your credit score when you purchase a new policy. Every major insurance company in the U.S. uses your credit history in some manner, according to a recent report from the Federal Trade Commission.
Insurance companies will check your credit because they think drivers with poor credit have a tendency to file more claims. Because these drivers are likely to use their insurance more often, they’re more costly for insurance companies to cover.
Massachusetts, California, Hawaii, and Michigan do not allow insurance companies to use credit as a determination of car insurance premiums.
Car insurance companies will do what is called a “soft pull” to give you a quote, which does not impact your credit score. A “hard pull” credit check, on the other hand, does.
Soft pulls only check some basic info and have no impact on your credit score. Hard pulls furnish a full credit history and will lower your credit score slightly for a short time. For instance, If you apply for several loans in a short length of time, the buildup of hard pulls may lower your credit score.
Cheapest Car Insurance Companies For A 31-Year-Old
When you’re looking around to try and find the best, most affordable car insurance coverage for 31 year old drivers, there are a few companies that are leaders in the industry, providing competitive rates along with comprehensive coverage options.
It’s vitally important to balance cost with quality coverage, to ensure adequate protection on the road. Keep in mind that your rate might depend on several factors, including your driving record, credit score, the type of vehicle you drive, among other things.
The differences in car insurance rates can be variable, so always shop around for the best rates and benefits. You can see the fluctuation between companies in the chart below. USAA offers monthly coverage for around $80, while Allstate rates start at $160 for a 31 year old driver.
| Company | Monthly Rate |
| USAA | $80 |
| Travelers | $160 |
| Auto-Owners | $140 |
| GEICO | $125 |
| State Farm | $135 |
| Progressive | $140 |
| Nationwide | $150 |
| Farmers | $155 |
| Allstate | $160 |
Average Cost Of Car Insurance For A 31-Year-Old – By Vehicle
As a 31 year-old, you’re past the age of being considered a teenaged driver, but your insurance rates are still going to be higher than for older drivers with more experience. The type of vehicle you drive might impact your insurance costs greatly. From repair costs to safety ratings, multiple factors come into play when car insurance providers calculate your rates.
A working knowledge of how your vehicle might impact your car insurance rates is helpful in deciding which vehicle you should drive or buy.
Insurers use vehicle types to help determine rates, since certain vehicles are statistically more likely to be involved in accidents or thefts. Sports cars are usually built for speed and consequently are involved in more auto accidents than other types such as sedans.
A 31 year old driver will pay an average of $1,200 to $1,600 annually for car insurance but a driver of the same age who has a sports or luxury car will pay from $1,800 to $3,000 a year.
| Vehicle Type | Average Annual Premium for 32-Year-Olds |
| Sedan | $1,200-$1,600 |
| SUV | $1,300-$1,700 |
| Truck | $1,400-$1,900 |
| Sports Car | $2,000-$3,000 |
| Luxury Car | $1,800-$2,500 |
| Van | $1,200-$1,600 |
| Electric Vehicle | $1,500-$2,200 |
Average Cost Of Car Insurance – By Age
As shown in the table below, young drivers generally pay more for auto insurance because of their lack of driving experience and a typically high risk profile.
As drivers age and gain more driving experience, their insurance rates tend to get lower, reaching their lowest point by middle age. Rates start to go up again as drivers reach senior age, which reflects the increased risks that are often associated with older age.
Auto insurance providers tend to think of younger drivers being more of a risk, which statistics bear out, and that as people get older and wiser and more experienced drivers, the risk is less which means the rates will be less.
In the table below, you see that a 31 year old driver pays an average of $2,500 to $3,500 annually for full coverage, whereas a 50 year old pays an average of $1,250 to $1,750 for annual coverage.
| Age | Average Annual Premium for Minimum Coverage | Average Annual Premium for Full Coverage |
| 31 | $1,200-$1,700 | $2,500-$3,500 |
| 35 | $650-$1,000 | $1,300-$1,900 |
| 40 | $600-$950 | $1,300-$1,850 |
| 50 | $600-$900 | $1,200-$1,750 |
| 60 | $500-$1,200 | $1,500-$2,100 |
| 70 | $800-$1,200 | $1,500-$2,200 |
How To Save Money On Your Car Insurance As A 31-Year-Old
As a 31 year old driver, you’ll discover that car insurance can be expensive. This is mostly due to a perception of increased risk associated with younger aged drivers. But, by this age, you have basically moved on out of the very high risk category associated with teen and early 20s drivers, which will save you some money.
You will find that there are strategies you can employ to lower your car insurance premiums.
Here are five effective ways to do this:
Maintain A Clean Driving Record
You can do yourself a big favor by maintaining a clean driving record. Doing so will entitle you to affordable premiums. So, avoid traffic citations, accidents, and drinking and driving. Insurance providers usually provide discounts to people with zero claims since they tend to pose lower risks.
Take Advantage Of Multi-Vehicle Discounts
One of the best ways to reduce your car insurance premiums is to keep a clean driving record. This means avoiding accidents, not getting any traffic citations, as well as not using drugs or drinking while driving. Insurance providers will usually offer discounts to drivers who have no claims, simply because they’re considered low risk to insure.
Take A Defensive Driving Course
One step that will almost always mean saving money on your car insurance is enrolling in a defensive driving course. This is a win-win because besides helping improve your driving skills, many insurers offer discounts to drivers who have taken these courses as they are considered at lower risk of having a car accident.
Shop Around For The Best Rates
Shop around and compare rates from multiple car insurance companies.Each company has its own formula to calculate rates, which means that costs might vary widely from one provider to another. When you get quotes from different auto insurance companies, you can find the best deal out there.
Review Your Coverage Regularly
Your insurance coverage should change as your life changes. Review your car insurance policy annually, or after any major life change such as moving to a new city, getting married, or starting a new job. This might help to ensure you don’t go on paying for coverage you don’t need anymore, or not having the coverage that you do need.
By utilizing these strategies, you can reduce your auto insurance rates greatly, leaving more money in your pocket. The key to saving money on car insurance is being proactive by taking steps to show insurance carriers you aren’t a high risk driver.
How To Buy Car Insurance As A 31-Year-Old
Buying car insurance can be stressful, especially for younger drivers. At 31, you have made it out of the very young high rates, though, and armed with knowledge along with a thoughtful approach, it can be relatively easy.
Here are seven steps to help you navigate through buying car insurance as a 31 year old driver:
Gather Your Information
Before you start shopping for car insurance, gather the information you’ll need, such as your driver’s license number, driving history, and vehicle identification number (VIN).
Maintain A Good Driving Record
Maintaining a clean driving record is perhaps the best way of keeping your insurance rates low. At-fault accidents or getting traffic citations can significantly increase your insurance premiums.
Determine What Coverage You Need
Drivers usually have unique needs, so you should decide what amount and type of coverage best suits your individual needs before you shop for auto insurance. Take into account such things as the type and age of your vehicle, its value, how much risk you’re willing to incur as far as a deductible, and your finances.
Choose How To Shop For Car Insurance
There are multiple ways to shop around for car insurance coverage. You can purchase online, contact a company representative or an independent insurance agent. Each method has its own pluses and minuses, so just go with the one that best suits you.
Compare Quotes
Don’t settle for the first quote you get. It’s best to compare quotes from multiple car insurance companies and ensure you’re getting the best premiums available. Bear in mind that every auto insurance company uses its own unique formula to calculate rates, so prices may vary considerably from one company to the next..
Buy Your Policy
When you have compared quotes from providers and chosen the one that seems best to fit your needs, it’s time to purchase a policy. Be sure to look your policy over thoroughly to have a clear knowledge of what it will or will not cover.
Regularly Review Your Coverage
Your insurance needs will probably change over time, so you’ll need to review your coverage occasionally. You don’t want to be paying for coverage you don’t need anymore. But, you do want to be certain your coverage is adequate for your needs.
Follow these 7 steps to make purchasing auto insurance as a 31 year-old driver a smooth, straightforward process. The key to getting the best car insurance? Shop around and compare quotes from multiple insurance providers.
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