Why does my insurance company want to know my age?
Statistically, the risk of an automobile accident fluctuates with age. Teenagers are among the most expensive drivers to insure because their inexperience makes them more likely to be in an accident than drivers over age 25.
Just as a teenager will have to pay more for being young and inexperienced, drivers can expect to pay less as they reach the age range where they are statically the safest on the road, roughly from ages 40 to 55. In some cases, rates may go up as a driver becomes elderly.
