Does your driving experience and age really affect your car insurance costs?

You know that your auto insurance provider will take various personal factors into account when calculating your insurance rates.  Two of the things that they will look at is your driving experience and your age.  But how do these two factors influence your premiums?  Here’s what you need to know.

  • Inexperienced Drivers

Auto insurers assume that the more driving experience you have, the less likely you are to get into a car crash.  Unfortunately, this means that inexperienced drivers are considered a higher risk to insure.  Even if they have never been in an accident before, inexperienced drivers are more likely to be charged more for their auto insurance as compared to a driver with a long history of safe driving.

  • Young Versus Older Drivers

Young drivers obviously have less experience than older drivers.  However, this is just one reason why younger drivers are charged more for auto insurance.  Young drivers might also experience high insurance costs because they are considered more likely to display unsafe driving behaviors.  While not every young driver is reckless on the road, insurers across the board will charge more for young drivers to protect themselves just in case.

Keep in mind that older drivers can also pay more for insurance.  Eventually, older drivers will start to see an increase in their rates as their insurers start to feel concern about their ability to operate a car safely.  A good way to think about it is that drivers under the age of 25 and over the age of 65 are more likely to pay more for auto coverage.

Here’s how driving experience and age affect your auto insurance rates.  Do you have more questions about your car coverage?  If so, then contact the experts at Scavone Insurance Center in White Plains, New York.  We are ready to assist you with all your auto insurance needs today.

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