As a 30-year-old, you are likely in a better spot for car insurance than a 21-year-old driver. You probably make a little more money and are a more experienced driver, so insurance is not as expensive as it would be if you were a teen or young driver.
Still, it’s always important to explore your options to find the cheapest car insurance for you as a 30-year-old driver without sacrificing the coverage you need and the service you want.
How much is car insurance for a 30 year old
Age is one of the biggest factors that impacts how much you pay for car insurance as a 30-year-old driver. Another factor is the types of insurance coverage that you choose. If you choose the minimum coverage policy required by your state, the average cost for 30 year old insurance is $582 per year. If you opt for a full coverage policy, the average cost for a 30 year old policy is $1,737 per year.
Best car insurance companies for 30 year olds
Auto-Owners
Auto-Owners Insurance is available in 26 states and 48,000 independent agents to help you find the right coverage. Insurance coverage options include extras like diminished value coverage, additional expenses coverage and loan/lease gap insurance coverage for your new car. Plus, there are fantastic coverage options if you also need boat insurance, classic car insurance or motorcycle insurance. Rates are already among the most competitive, but Auto-Owners gives you excellent discounts to further lower the cost and make your car insurance policy more affordable.
Erie Insurance
Erie Insurance is limited in its service area, sticking mostly to the East Coast with service in Washington, D.C., and more than a dozen states. It brings all the best parts of a regional insurance provider with excellent customer satisfaction ratings from J.D. Power and an A+ (Superior) rating from AM Best for financial stability. This signals reliable and efficient claims processing when you need it most. Erie also offers thoughtful coverage, including options like first accident forgiveness, used and new car replacement and a bundle for roadside assistance and rental car protection.
Amica
Amica Mutual includes free extras and automatic protections that would cost you more with other providers. This includes protections like glass repair, free lock and airbag replacement and no depreciation within the first year of car ownership if you total your car. If you don’t mind spending a little extra, Amica’s Platinum Choice Auto package is a full coverage addition with several added protections. Amica only appears on J.D. Power’s New England rankings, but it tops the list with the top-rated scores.
Cheapest car insurance for 30 year old drivers
| Car insurance company | Average annual premium for minimum coverage for 30 year olds |
|---|---|
| Auto-Owners | $829 |
| Erie Insurance | $855 |
| Amica Mutual | $896 |
Car insurance for 30 year old male and female drivers can get a little pricey, depending on which provider you choose. Auto-Owners offers the cheapest car insurance for 30 years olds with the average premium of $823 each year for minimum coverage. Erie Insurance costs a little more at $855 per year, while Amica Mutual is close behind with an average car insurance premium of $896 per year. If you opt for a full coverage car insurance policy, you will likely pay more for your annual premium.
How 30 year olds can save on car insurance
There are many ways to lower your car insurance and save on your annual premium:
- Compare quotes: Every insurance company offers different types of coverage and pricing, in addition to special discounts. Request quotes from multiple vendors in your area and carefully compare each to see which provider offers the best and cheapest car insurance for you as a 30 year old driver.
- Ask about organization discounts: Insurance providers also offer special discounts based on organizations, like certain employers and school alumni discounts. Other groups like teachers, military and veterans may also be eligible for additional discounts.
- Bundle your policies: Bundling your homeowners insurance, renters insurance and life insurance policies with the same insurance provider can save you extra money on your insurance policies. Consider purchasing your insurance policies from the same company for extra savings each year.
- Drive safely: Insurance companies hesitate to insure high-risk drivers, so they will reward you for safe driving habits with cheaper car insurance rates. In addition to driving safety, things like low mileage and vehicle safety features can also save you a ton of money on your car insurance when it comes time to renew or purchase your policy.
Frequently asked questions
What is the best car insurance company?
To find the best car insurance companies for 2021, the Bankrate team considers critical factors like the type of coverage offered, availability, pricing, customer satisfaction and claims processing. Based on these qualifiers, USAA, Erie and Amica hold the highest Bankrate rating for the best car insurance companies.
What are the best car insurance discounts for 30 year olds?
Most insurance companies have a list of auto insurance discounts that they offer. These can be an easy way to save money on your annual policy. Look for discounts like safety discounts, claims-free discounts, low mileage discounts and auto payment discounts, which can all save you money each month.
Who has the cheapest car insurance for 30 year olds?
The cheapest car insurance for 30 year olds comes from Auto-Owners, which charges $829 for the average minimum coverage policy. Erie Insurance and Amica Mutual are also among the most affordable insurance companies for 30 year old drivers, each charging less than $900 for the average policy.
Methodology
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 21-year-old male and female driver with a cleaning driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.
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January 20, 2021 at 06:14AM
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