You are using an older browser version. Please use a supported version for the best MSN experience.

Car Insurance Gets More Costly When You Reach This Age

Adult drivers generally see their car insurance rates drift lower for decades — until they hit their 60s. At that point, rates climb — and continue to do so for the rest of your life, according to the 2021 The State of Auto Insurance report from The Zebra. Rates are highest when you are young. In fact, drivers who are 16 years old and have their own policies pay a jaw-dropping $5,744 a year for car insurance, on average. That is about four times the average for all drivers between the ages of 23 and 85. Things get better for drivers in their remaining teen years, but not by much.
image beaconimage beaconimage beacon