Car insurance rates are based on various factors, with age being among the most critical. Consider that teen drivers between the ages of 16 and 19 are nearly three times as likely as drivers who are 20 or older to be in a fatal crash, according to the Centers for Disease Control and Prevention (CDC).
Truth is, car insurance for drivers younger than 25 is expensive. Teens and young drivers are largely inexperienced behind the wheel and are more prone to accidents, which makes them a high risk to auto insurance providers. Seniors also pay higher rates for car insurance.
Discover how your age and gender can affect what you pay for car insurance, how much you pay at different ages and how to save at any age by reading my latest article for CarInsurance.com, available here.
