Insurance rates are always dependent upon the driver’s habits, whether you are a man or woman. National statistics about accidents are of major interest for insurance companies due to the revelation of driver age, sex, and other factors involved in accidents. Male aged between 16 and 30 caused more accidents than the same age group for women. So, it is more likely for men in this age group to give higher auto insurance premiums than women of the same age group. Also, one more factor that impacts auto insurance’s costs is young males who are likely to drive more than a young female—over speeding and being in a sporty mood. Simultaneously, driving is the cause of the higher rate of accidents in young males than young females.
Male Drivers and Records
It is not the perfect example of stereotyping. The records (statistics) back up the auto insurance companies’ claim of a younger generation of male drivers cost more than young females or older drivers of either sex. Nevertheless, young males can do a lot better in saving money from paying auto insurers. There are other factors as well, which are considered by auto insurers as lower payments contribution. Here are a few factors:
- Driver’s age
- Married/unmarried
- Driving History
- Previous history of claims
- Type of Vehicle
- Occupation/Job/Work
- Educational background
- Miles driven/year
- Driving experience in years
- Vehicle type (Business/Personal)
The age for a male considered a bit safe is 25 years as mostly auto insurers charge less premium comparatively with a clean record condition. Also, there must be no serious accidents for a period of 3 to 4 years and no more than one driving violation. Furthermore, being married at the age of 23 may also relax the cost of premiums. But this relaxation varies in different auto insurers.
Lowering Auto Insurance Rates Regardless of Your Gender
Depending upon your Car Insurer policy, an unmarried 25 years old male can also save money by doing the right thing about driving. Driving habits can be changed or moved to defensive rather than being offensive. Defensive, as the word describes the cool and calm habits of a driver, makes him a safe driver. For this purpose, some insurers offer courses to new and offensive drivers. The success, of course, gives relaxation like cost-cutting (discount) to the policyholders.
Leaving the idea of car modification, which becomes the cause of aggressive driving and losing control and cool at the same time, making accidents happen more often. Also, avoiding modification saves money. By doing modifications in your car, you are breaking the agreement between you and the car insurance company. Which will directly affect the accident and lead to more expenses. It also impacts the insurance coverage due to the modification of vehicles without notice of an auto insurance company.
Some More Ideas for Lowering Rates
Long drives to work may cause more accident chances than a person who drives daily nearby or has fewer driving routines with lesser chances of driving. Insurance companies may investigate miles to make the right premium plans to suit both parties in a year. To make auto insurance payments as low as possible, a young male might want to share rides with friends and family or a mass transit system of transportation if he has a longer route to work every day. But it is not possible to use a private car only to go to work.
A young male driver must remember good driving habits like a defensive driver and be cool while driving and not be an offensive driver who becomes reckless on the road. An incentive will be awarded to him once he reaches the age limit of 25 years by giving reduced auto insurance premium and which will put some savings in a young male’s pocket.
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