How Much Is Car Insurance For A 32-Year-Old?

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Updated: 03 May 2024
Written by
Bob Phillips
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Welcome to this thorough guide to auto insurance for 32-year-old drivers. If you want trustworthy, detailed, and current information to help you choose the right car insurance coverage, you’ve chosen the right guide.

I’m a former licensed insurance agent in the property and casualty space. Over the course of my career, I’ve had the opportunity to assist countless drivers from all walks of life and ages to make sense of the ins and outs of getting car insurance. Through this guide, I’m here to offer you the same helpful advice.

In this guide, we’ll examine the average expenses of vehicle insurance for 32-year-olds, breaking down things that impact these expenses and offering insights on ways you can possibly lower them. This guide isn’t about selling you an insurance policy. It’s about giving you the information you require to make the right choice for you.

Keep in mind that the figures included in this guide represent average figures. The actual expenses will depend on things that include gender, location, specific insurer, driving history, and credit score.

Key Takeaways

  • 32-year-olds may purchase minimum coverage for $1,235 per year

  • The most essential thing to consider when getting auto insurance is comparing more than one quote

  • There are various ways for 32-year-old to reduce their vehicle insurance premiums

How Much Is Car Insurance For A 32-Year-Old?

Car insurance for a 32-year-old is priced based on things like the policy type, driving history, and gender. On average, a 32-year-old driver can expect to pay premiums starting at around $1,235 annually for liability only coverage and $1,748 annually for comprehensive coverage.

Knowing the cost of auto insurance for a 32-year-old is vital, as it can substantially influence your budget or financial flexibility. It’s essential to remember that insurance premiums are not uniform and depend on different factors like coverage type, driving history, and gender.

The big gap between liability only coverage and comprehensive coverage underscores the importance of knowing what you’re paying for. Liability only coverage may seem like a good deal because of its lower price point. But it can leave you with buyer’s remorse if you get into an accident or another situation that liability only coverage doesn’t cover.

Comprehensive coverage, meanwhile, offers comprehensive protection. That includes collision and comprehensive coverage that safeguards against vandalism, theft, damage from natural disasters.

You’ll be happy to know there are things you can do to reduce expenses. Maintaining a clean driving record is one way, and another way is taking advantage of discounts offered by insurers. It’s also a good idea to get quotes from different car insurance providers to find the best option.

How Much Is Car Insurance For A 32-Year-Old By Gender?

Grasping the expenses connected to auto insurance is a vital step for anyone, especially for 32-year-olds who often face higher monthly insurance costs than older drivers. Multiple things impact these expenses. One of them is gender.

On average, auto insurance costs tend to differ based on gender. The reason is that males are statistically more likely to get into accidents than females. Let’s examine more closely the specific expenses connected to car insurance for 32-year-old male and female motorists.

Coverage Type Average Annual Cost for Male Average Annual Cost for Female
Minimum Coverage $1,247 $1,226
Full Coverage $1,867 $1,875

How Much Is Car Insurance For A 32-Year-Old – By State?

Car insurance premiums can vary considerably. That’s definitely the case if you’re a 32-year-old motorist. Things like the state you reside in can influence your monthly car insurance costs. Based on thorough research from various reputable sources, I’ve assembled a thorough comparison chart showing the average auto insurance costs for a 32-year-old by state.

State Average Annual Full Coverage Premium for 32-Year-Old Drivers
Alabama $1,835
Alaska $1,653
Arizona $1,654
Arkansas $1,836
California $2,054
Colorado $1,835
Connecticut $1,935
Delaware $2,243
Florida $2,935
Georgia $1,832
Hawaii $1,436
Idaho $1,265
Illinois $1,546
Indiana $1,364
Iowa $1,253
Kansas $1,732
Kentucky $2,225
Louisiana $3,032
Maine $1,253
Maryland $1,246
Massachusetts $1,843
Michigan $2,336
Minnesota $1,536
Mississippi $1,743
Missouri $1,654
Montana $1,932
Nebraska $1,836
Nevada $2,246
New Hampshire $1,453
New Jersey $2,253
New Mexico $1,636
New York $2,265
North Carolina  $1,168
North Dakota $1,525
Ohio $1,187
Oklahoma $2,135
Oregon $1,563
Pennsylvania $1,743
Rhode Island $2,153
South Carolina $1,943
South Dakota $1,748
Tennessee $1,478
Texas $1,943
Utah $1,932
Vermont $1,256
Virginia $1,564
Washington $1,743
Washington, D.C. $1,647
West Virginia $1,843
Wisconsin $1,254
Wyoming $1,587

Keep in mind that there are average figures. For actual costs, contact insurance companies to get quotes. These quotes will factor in various factors.

How Much Is Car Insurance For A 32-Year-Old By Credit Score?

Insurers don’t usually publish how they factor credit scores into their premiums. But it’s known that credit scores do impact car insurance premiums. A lower credit score can mean higher premiums, while a higher credit score can mean lower premiums. According to Forbes, auto insurance premiums can climb on average by 76% due to credit scores.

Credit Tier Avg. Annual Premium for 35-Year-Olds
Poor $3,243
Fair $2,267
Good $1,832
Very Good $1,636
Excellent $1,457

Cheapest Car Insurance Companies For A 32-Year-Old

When looking for the most affordable auto insurance for 32-year-olds, some insurers stand out from the rest due to competitive prices and thorough policies. As a young motorist, it’s essential that you balance affordability with comprehensiveness so that you get the coverage you need.

It’s important to keep in mind that your individual premiums will be based on things like the sort of vehicle you have, your credit score, and your driving record.

Company Monthly Rate
USAA $188
Travelers $219
GEICO $227
Auto-Owners $243
State Farm $253
Progressive $254
Nationwide $293
Farmers $353
Allstate $384

How Much Is Car Insurance For A 32-Year-Old – By Vehicle

As a 32-year-old motorist, you’re no longer treated like a teen driver. But your premiums will still be higher than for older drivers with more experience. The vehicle you drive can greatly impact your insurance premiums.

Insurers look at things like vehicle safety ratings and repair expenses when setting premiums. Knowing how the vehicle you drive impacts premiums can help you choose the right vehicle.

Vehicle Type Average Annual Premium for 32-Year-Olds
Sedan $1,915
Hybrid $1,986
Luxury $2,180
SUV $1,705
Truck $1,718
Van $1,893

How Much Is Car Insurance For A 32-Year-Old – By Age

The following table shows that younger drivers face the highest premiums. This is due to their inexperience and statistically higher odds of getting into accidents. As people age and obtain more experience, their premiums go down, reaching their lowest level in middle age.

But the rates start to increase again as motorists approach their senior years because older drivers face a higher risk of getting into accidents.

Age Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
22 $3,403 $2,246
35 $2,525 $3,374
40 $1,914 $2,768
50 $1,885 $1,177
60 $1,232 $1,116
70 $2,001 $2,972

How To Save Money On Your Car Insurance As A 32-Year-Old

As a 32-year-old, you’ll notice that car insurance premiums can be expensive. One reason for this is the perceived higher risks for accidents for younger motorists. But there are some ways to reduce your monthly costs and keep more money in your pocket. Consider these five strategies.

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

Do you have multiple vehicles or reside with someone with more than one vehicle? If either or both of these things are true, find an insurer offering multi-car discounts. Many insurers offer discounts to customers who insure more than one car under the same policy.

Take A Defensive Driving Course

Taking a defensive driving course can result in lower car insurance premiums. You’ll sharpen up your driving skills and potentially get a discount for lower car insurance rates. People who successfully complete these programs usually have lower risks of getting into accidents.

Shop Around For The Best Rates

Your best bet is to search around to see what different insurance companies offer. That’s the only way you can compare and contrast, and find the right coverage for you. Each insurer employs its own formula to determine rates.

So, the quotes you get can vary substantially depending on the insurance company. You’ll want to best possible deal.

Review Your Coverage Regularly

As you get older, you should examine your insurance coverage. A rule of thumb is to review your policy at least once annually or any time you experience a life event such as a move to another city, a new job, or a marriage. Doing this can ensure you always have the coverage you need.

By following these five tips, you can tangibly lower your vehicle insurance rates and hold onto more of your money. Don’t forget that the key to reducing your monthly expenses is to be mindful about what factors into rates. You want insurers to see you as a low-risk motorist.


How To Buy Car Insurance As A 32-Year-Old

Buying car insurance can be tedious if you don’t know how to go about it. But with the right strategy, you’ll see that it doesn’t have to be hard at all. Check out these seven tips to help you painlessly get through the process of purchasing auto insurance as a 32-year-old:

Gather Your Information

Before starting the process, you must gather all of the information needed. Information you need include your driver’s license number, VIN, and driving history details.


Maintain A Good Driving Record

Maintaining a spotless driving record is vital. Doing so can keep your rates every month low. You’ll also want to avoid fault accidents and traffic tickets since these things can hike you car insurance rates.


Determine What Coverage You Need

Different motorists have different requirements. That’s why you need to figure out what coverage you require before starting the process. Look at things like the age of your car and its value, your risk tolerance, and your financial wherewithal.


Choose How To Shop For Car Insurance

There are various ways to shop for vehicle insurance. You can purchase on the internet, reach out to a company representative, or call an independent insurance agent. Consider the pluses and minuses of each to see which one works best for you.


Compare Quotes

It’s never a good idea to go with the first quote you get. Get multiple quotes from various insurers, and compare the quotes so you can be certain you’re choosing the right one. Different insurance companies use different methods to calculate premiums. That’s why you should compare rates.


Buy Your Policy

Once you’ve received and compared multiple quotes, you must choose an insurer. Ensure you go over the details of the policy so you know exactly what it includes and excludes.


Regularly Review Your Coverage

Your insurance requirements will likely change over time, so you should review it regularly. You don’t want to be paying for coverage you might have outgrown, and you don’t want to be vulnerable by not getting coverage you may need down the road.

By keeping these tips in mind, you’ll see that buying vehicle insurance as a 32-year-old can be a straightforward process. Don’t forget that the best way to get affordable insurance is to get multiple quotes and compare them.



What is the best car insurance for a 32-year-old?

Based on my professional experience as a licensed insurance agent, comparison charts, and customer satisfaction ratings, I feel that GEICO provides an impressive balance of cost-effectiveness and comprehensive coverage. It’s not just the numbers, either. Many testimonials underscore my choice. GEICO offers strong policy options, great policyholder service, and big discounts for safe driving and safety features.

At what age is car insurance the cheapest?

Based on my research, the age range that benefits from the lowest average auto insurance rates is between 50 and 60 years old. This demographic has many years of driving experience, which insurers greatly value since such drivers are less likely to be involved in accidents.


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