It’s exciting to be in your 30s. It’s possible to have greater financial security than ever before. You may feel more confident in your own skin and have a better idea of where you want to take your life. You need to ensure your financial security by purchasing the right car insurance. The average cost for car insurance in the United States is $1,850 annually for full coverage.
Price is an important factor when choosing a car insurance policy, but it is not the only thing you should consider. Bankrate’s insurance editorial team has researched the top auto insurance companies in the country by market share to help you choose the best coverage for your needs.
What is the cost of car insurance for a 30-year old?
As a 30-year old driver, your age is one of the major factors that affects how much car insurance costs. 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 $544 per year. If you opt for a full coverage policy, the average cost for a 30-year-old policy is $1,850 per year.
Average car insurance cost for 30-year-old women and men
Although the difference in cost is not significant, gender can play a part in how much car insurance you pay as a 30-year old. Some states don’t allow gender to be used in rating factors.
Average cost of car insurance for 30-year-olds based on state
Your state is the most important factor in determining your car insurance premiums. Your state’s laws and the risk of accidents in your region will impact how much you pay for your premium.
The best car insurance companies for 30 year-olds
Your premium can also be affected by the car insurance company that you choose. Every company has its own rating system, so prices for the same coverage may vary among providers. We analyzed the average premium, available coverages and discounts as well as third-party rankings. Additionally, we looked at policy features and market share for the largest companies in the country to determine which companies should be featured.
These companies might be a good choice if you’re looking for the best auto insurance for 30 year-olds.
Auto-Owners
Auto-Owners is available across 26 states. There are approximately 48,000 independent agents who may be able help you find the right coverage. Additional coverage options include diminished value coverage, additional expenses coverage, and loan/lease gap coverage. Plus, there are fantastic coverage options if you also need boat insurance, classic car insurance or motorcycle insurance. Auto-Owners offers great discounts which could lower your cost and make your policy more affordable.
Erie Insurance
Erie’s coverage is very limited. It only sells its coverage in 12 states and D.C. Erie is a regional insurer that offers all the benefits of a regional provider, including excellent J.D. satisfaction ratings. Power and an A+ (Superior) rating from AM Best for financial stability — and combines them with low average rates. 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 is well-known for its outstanding customer service. Amica offers many coverage options and policies, including the unique dividend plan that allows you to recover some premium each year. Amica’s average premium ranks third on our list. However, you may be able to get discounts such as homeownership, accident-free and paperless, or bundling your auto and home. Amica may allow you to continue your business if you have other types of insurance. Amica also offers business, flood, umbrella, and life insurance.
Car insurance for drivers aged 30 years old is the cheapest
These companies are a great place to start if you have a limited budget and need the best coverage.
Your individual rating factors will affect how your premium is calculated. Your premium will be affected by the type of vehicle you drive, driving record, and the coverages and limitations you select. Comparing quotes from different companies will help you to find the best fit.
How 30-year-olds can get car insurance at a discount
While 30-year-olds still tend to pay more for car insurance than the average national premium, there are some ways you can lower that cost. These tips could help you lower your annual premium.
- Compare quotes: Each insurance company has different coverage options, discount rates, and rating systems. Comparing multiple providers in your area to find the one that best suits your needs is a great way to find the best and most affordable coverage.
- Bundle your insurance policies: You might be able to save money if you purchase more than one type from the same company. Bundling discounts are available for purchasing your auto policy with your condo, home, or renters insurance. Bundling your auto insurance with life, business or pet insurance can save you money.
- Ask for additional discounts. Many insurance companies offer discounts that can lower your premium. Bundling policies is not the only way to save. Other ways to save include joining a telematics system that tracks your driving habits, paying completely in cash, and going paperless.
- Safety is key: Insurance is calculated on the risk. Insurance companies will worry more about you causing an accident in the future if you have more tickets and accidents. You may be subject to a higher premium in order to compensate. You can save money on car insurance by using low mileage and safety features.
Questions frequently asked
Which is the best auto insurance company?
There is no one company that is best for everyone. To find the best car insurance company for your unique needs, you may first want to decide what you are looking for. Are you looking for the lowest premium, a mobile application, 24/7 claims service, or specific coverages? Once you have established your priorities, it is possible to research companies and request quotes from those who can best meet them. These quotes can help you choose the right company.
What are the best car insurance deals for 30-year-olds looking to save money on their car insurance?
Most insurance companies have a list of auto insurance discounts that they offer. These discounts can help you save money on your annual insurance policy. You can save money every month by looking for discounts such as safety discounts, claims-free discount, low mileage discounts, and auto payment discount.
Which 30 year-old has the best car insurance?
As with best car insurance, there are no providers who offer the lowest rates for all 30 year-olds. Car insurance policies are rated based on many factors that differ between companies and drivers. You can find a low-cost policy by getting quotes from multiple providers and taking advantage discount offers.
Are 30-year-olds too young to get car insurance?
Full coverage car insurance costs an average $1,674 annually in the United States. 30-year-olds spend on average $1,850 per a year for full coverage. However, 30-year-olds pay less than teens and young adults due to having more experience on the road. As rates tend to drop around the age of 40, 30-year-olds will pay more for car insurance once they reach this age.
