Why is there such a wide variation in price for different drivers?
The price of an auto insurance policy depends on a number of risk factors. Drivers are categorized according to the level of risk they pose. Insurance companies determine the level of risk by keeping statistics about the amount of loss they experience among the drivers within a particular category. Drivers are categorized by: Gender – Statistically, men have more accidents than women. Age – Younger drivers, especially those under age 25, are considered a higher risk. Younger male drivers are especially considered a high risk. Marital status – Drivers who are married tend to have fewer accidents than those who are single. Driving record – Your personal driving history — traffic tickets and offenses, accidents, driving experience, etc. — are also used to determine your level of risk. Vehicle use – How you use your car and the number of miles you drive is also factored into the amount you pay for auto insurance. For example, if your commute to work is only a few miles, you will likely pay
