Did you know that your car insurance rate is affected by your sex and your age? According to statistics males 16 years old to 25 pay higher premiums than women their age. It all boils down to which sex is the safer driver. Men ages 16 to 25 are usually very irresponsible on the road, they tend to drive faster and are likely to get in an accident than females in the same age bracket. Men in their mid-twenties on the other hand are likely to get better premiums than the younger male population all because they have already accumulated enough experience on the road. Of course, your records at the DMV still have a lot of weight on how much your premium would cost.

Women drivers no matter what age always get special treatment when it comes to insurance but it’s purely based on statistical data. Women at any age are less likely to get into serious accidents since they are more careful on the road. Some claim however that this is a hasty generalization because there are not as many women drivers in the United States as there are men but their numbers are increasing and the statistics have remained true to the first conclusion –women are safer drivers.

Although both men and women get relatively lower rates after the age of 25, they do not get to enjoy the lowest rates insurance companies can offer. Car insurance rates for 40 to 50 year olds on the other hand are rates to die for but why? It al boils down to statistics again since drivers in this age bracket are less likely to be involved in a serious accident.

How about seniors though? Do they get a discount fro auto insurers? It is interesting to note that older drivers get higher rates than their 40 to 50 year old counterparts but these rates vary from one insurer to another. If you are a senior and would like to get a discount, it would be best to take note of how many miles you drive annually.

Although sex and age play an important role in determining how much you should pay for your premium, other factors affect your rates. This includes whether you are married or not, what kind of car you drive, where you live and your driving records.

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