It’s a widespread belief that men pay more for automobile insurance than women. But that’s only true for young adults.
Several studies in 2018 and 2017 revealed that women over 25, particularly those between 40 and 60, often pay more than men — not less — for auto insurance, all other rating criteria being equal. Now, California has become the latest in a handful of states that have outlawed setting rates for automobile insurance based on gender.
As one of his last acts before leaving office at the end of 2018, former California Insurance Commissioner Dave Jones issued regulations prohibiting the use of gender in individual automobile insurance ratings in California, effective Jan. 1.
California is the first state in decades to take the step, joining states including Massachusetts, Michigan, Montana, North Carolina and Pennsylvania, most of which passed their laws in the 1970s and 1980s in the wake of the women’s rights movement.