What Age Does Insurance Go Down in Texas?
Texas car insurance rates are highest for teen drivers but tend to drop once drivers reach their 20s.
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New Texas drivers, like teenagers, generally pay more for car insurance since insurers typically see inexperienced drivers as high-risk and prone to accidents. By age 20, rates start to come down, with age 25 being the sweet spot when most insurance companies give new drivers a break on price.1
You may continue to see rates decrease, depending on your driving record and other factors, in your 30s, 40s, 50s, and even in your 60s. But once you turn 70, insurance companies will likely start to bump up your rates again as accident risks increase.
Here’s what you need to know about the age at which car insurance premiums go down in Texas.
What age does car insurance go down?
A teen driver (or their parents) may need to budget a bit extra for car insurance premiums for their first few years behind the wheel. But the good news is that premiums typically drop as drivers get older.
Texas teens pay average rates of $203 per month for a liability-only policy, whereas drivers in their 20s pay $149 per month, on average.
Rates get even lower as you get older, with the lowest rates typically hitting in your 40s, 50s, and 60s.
Why age affects rates
Learning to drive takes practice, and time behind the wheel is the only way to improve driving skills. Because teen drivers lack experience and maturity, they’re statistically more likely to get into a car accident than older drivers.
As each year passes, drivers gain experience and — typically starting at age 25 — may see car insurance premiums decrease over time. This is more likely if you maintain a clean driving record with no (or limited) traffic violations or accidents.
For example, teen drivers in Texas pay an average of $203 per month for liability coverage, while drivers in their 40s pay $101 per month. Drivers in their 60s spend even less on car insurance — $85 per month, on average, for a liability policy.
How gender affects rates
Age isn’t the only demographic that can affect auto insurance rates. Gender also plays a role, with male drivers generally spending more than their female counterparts.
Male drivers typically get into more accidents — often more serious ones than women and more often caused by driving under the influence. As a result, insurance companies see male drivers as high-risk and charge more. So if you’re a male driver, you’ll likely pay more for car insurance — especially if you’re a young driver.
Other factors that affect rates in Texas
Aside from age and gender, other important factors influence car insurance rates in Texas:
Discounts to consider
To spend less on car insurance, ask about any potential discounts you may qualify for. Most auto insurers offer a unique variety of discounts, but these are some fairly common ones you might come across:
Multi-policy: Bundling a couple insurance products with one company, such as auto and home, can result in a discount.
Good student: If you or your child is currently enrolled in school and earns top marks, you may be able to save a little money each month. Saving money is also a good motivator for any teenage driver who wants to improve their grades.
Defensive driving course: Take a defensive driving course to improve your skills, and your auto insurance company may reward you for it.
Anti-theft features: Install anti-theft features in your car to lower your risk of theft and save.
Multi-car: Households with multiple drivers often save when the same company ensures everyone. So, skip having your own policy and make it a family affair.
How to get cheaper car insurance in Texas
If you want to spend less on car insurance each month in Texas, try these tips to find cheaper insurance:3
When car insurance rates go down in Texas FAQs
If you want to better understand how your age affects Texas car insurance rates, check out the additional information below.
What age does car insurance go down in Texas?
Drivers typically see their car insurance premiums drop around age 25, but rates often increase again once drivers reach their 70s.
What age is car insurance the cheapest?
Texas drivers in their 60s typically spend the least amount on car insurance. The average cost of car insurance for this age group is $85 per month.
Will your insurance go down when you turn 25?
Most likely. Auto insurance rates typically drop once drivers reach age 25, as long their driving record is clean. But if your rate didn’t go down when you turned 25, check with your insurer or agent.
Does Texas have any specific laws that affect insurance rates based on age?
Texas has no specific laws on the books that ban auto insurance companies from basing premium prices on age-related factors. This practice is common among insurers nationwide, which tend to charge higher premiums for both teens and senior drivers due to higher risk factors.
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