There are many factors that will determine how much you will have to pay for your auto insurance premiums. Auto insurance companies consider a lot of things in order to give you the best offer that they think would be right for you. There’s the location or your place of residence, the type of coverage that you will choose, the type of car you are driving, and many more.
Do you know that even the person’s gender and age could influence the cost of your auto insurance premiums? Some think that this is some kind of discrimination but the truth is that male’s driving behavior differs from females. Female drivers are usually more careful than men and this has been proven by some studies on the statistics of car accidents. Most car accidents happen with male drivers so insurance companies charge men with higher auto insurance premiums.
The age group where you belong also affects the price of your auto insurance. Most insurance companies give higher premiums to drivers who are between 16 to 25 years old. This is mainly because they are more aggressive while on the road and thus making them more prone to accidents and collisions. It could also be that they are still considered as new drivers. People above 25 years old who have been driving for a long time have already acquired enough driving experience and insurance companies can already refer to their driving records to see if they are prone to accidents or not.
Unfortunately, there is nothing you can do about this, for it is the insurance companies who will decide on how much you will have to pay for your auto insurance. What you can do is to drive safely and maintain a clean driving record so the next time you will apply for an auto insurance, you can also enjoy lower premiums.