Streamline Your Insurance Rates By Age And Gender
Age-Based Rate Adjustments
As you age, your insurance rates typically decrease, especially if you maintain a clean driving record. Insurance companies often offer lower rates for drivers over 25, as they are statistically less likely to be involved in accidents compared to teenagers and young adults2. For senior drivers, some insurers provide discounts, recognizing the value of their extensive driving experience, although rates may increase again after a certain age due to potential health-related risks.