We all Know that when a boy turns 25 his auto insurance goes down. How about a girl is it 25 or 21?
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Answer:
I don't know if there is " an age" for female drivers. What I do know is that female drivers statistically are safer than male drivers and file fewer claims. They are a better risk. Fewer claims filed means better rates.
Really depends on your driving record. will drop some at the age of 21 but don't expect it to be huge. keep a clean record and good credit rating if you want the best rates...
Depends upon the Insurance Company and the State Insurance Regulatory Board's guidelines.
Good question, but I think the answer is that female rates are less than the rates for males during the same time. This is based on the accident rates of males as compared to females. Ask me, females drive just as bad as males, but they don't get stopped and ticketed as often as men do. I do remember seeing or reading something about this and how there isn't as much as a difference any longer.
Here's an explanation I found on http://www.carinsurance.com/kb/content10... :
Prices vary from company to company. It is usually determined by claim experience over time, but with all factors being equal, a female between the ages of 18 and 25 will generally pay less then her male counterpart. This is because generally speaking younger women have fewer accidents and moving violations than males in the same age group.
Some of the reasons that this is the case is because males on average drive more then females. And if you drive more then your odds of being in an accident increase. Also, young men are more often risk takers behind the wheel. This often results in moving violation tickets. Both of those factors result in higher premiums.
Gender does affect your rates, because statistically females drivers have less incidents than males. Just like location (except in California), marital status, and driving history affects your rates.
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