Questions and Answers
Your Questions About New Driver Car Insurance Rates
is it true that the older you get the more car insurance you pay?
My father lives in california and received his car insurance bill , he’s 80 yr old. within the last year never received a ticket of any kind or was in an accident. and now he’s paying more. Does that sound right?
Absolutely incorrect! The opposite is true as a matter of fact. Insurance companies base their rates on several different factors, some of which are make and model of the car being insured, how much of a deductible you want to pay, (the less your deductable, the more you pay) what coverage you choose, driving record, past accidents, gender, and age too. Younger than 25 year old males pay a higher rate than females under 25. They have ranges of age after 25 to determine your rate.For example 25-31, 32-40, 41- 49, 50-65 and over 65. Whether you are married or single is also a factor. I was a cab driver in N.Y. For a company that also was owned by an insurance company, and this was a pretty common question.
How to get around paying the over priced rate of car insurance for teenage drivers ?
Does anyone know of a reasonable insurance company for auto insurance ? We just added our teenage driver to our policy and it went up $400. She doesn’t even have a car. I have a 2007 Dodge Charger and my husband has a 2004 Chevy Avalanche.
I didn’t mean $400/yr, I meant $400 a month !
Have your kid pay for her own insurance. I had to.
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