How Age and Gender Affect Your Auto Insurance
Auto insurance is necessary to make sure you and your vehicle are protected while on the road. However, it’s important to keep in mind that not everyone’s auto insurance premiums are the same. There are many factors that go into determining the cost of your auto insurance, including your age and gender.
Here are some reasons why age plays a large role in the price of your auto insurance:
- Certain data that is used by insurance providers show that some age groups are more susceptible to accidents. Teen drivers who are 16 have the highest fatality rate while behind the wheel.
- Young drivers drive in more dangerous situations and take more risks when on the road, including driving at night, texting, driving with distracting passengers, and driving while intoxicated.
- Drivers who are 40 to 50 years old have lower auto insurance rates since studies show they’re the safest group of drivers.
Gender also plays a role in the cost of your auto insurance. Studies have shown that women are typically more cautious on the road than men are, which leads to lower auto insurance premiums. The same studies show that men tend to take more risks while behind the wheel and drive more aggressively, which leads to higher insurance premiums.
The best way to help lower your auto insurance premiums is to practice safe driving habits. Numerous claims on your auto insurance policy will cause the premium of the policy to increase.
For all of your auto insurance needs throughout Southern California, contact the insurance professionals at Massive Insurance in Pasadena. As independent insurance agents, we’ll work with you to ensure you have the most comprehensive auto insurance coverage available.