Based on 260,000 car insurance rate quotes, Car Insurance states that the typical annual rate for a 19-year-old is $2,502. The figure raises up to $2,627 for male drivers and falls down to $2,371 for female drivers.
The price gap between male and female drivers results from the disparity between the types of cars chosen, accidents caused, driving behavior displayed and the average number of miles driven by the two genders, adds DMV.org. The statistics for male drivers reveal that they are more likely to get involved in car accidents, commit moving violations such as speeding and driving under the influence, buy more expensive cars, and drive more miles. As such, DMV.org explains that insurance companies consider males to be of higher risk and charge them at higher rates.