Gender, Age, Marriage and Your Car Insurance Rates
It probably comes as no surprise that car insurance premiums vary between certain demographics. For instance, it's well understood a 20-year-old male driver will most likely pay more for insurance than a man 20 years his senior. What may be shocking, however, is just how significant these premium swings can be -- and age isn't the only factor.
A recent study, commissioned by insuranceQuotes.com, found car insurance premiums, on average, can vary by more than 50 percent based on age, gender and marital status. The study looked at the economic impact of these three demographic designations across the country -- and the results may be startling to some drivers.